Im Jahr 1989 fand in Heidelberg ein Kongreß zur "konsumorientierten" Neuordnung des Steuersystems statt. Dabei stand insbesondere die Diskussion im Vordergrund, ob das Steuersystem eher konsum- oder doch einkommensorientiert ausgestaltet sein soll. Ein Aspekt dieser Auseinandersetzung war die...

We analyze whether firms that establish their first affiliate in a foreign country have a different pattern of growth in output, employment, capital and productivity than firms that remain national. We use firm-level data on German multinational activities and appropriate matching techniques to...

The fraction of works councillors belonging to a trade union in Germany is much higher than union density among employees. If works councils represent the face of unions, union membership of employees should be related positively to the existence of works councils and their proximity to unions....

Our study analyzes a large sample of transactions carried out by corporate insiders reported to the German regulatory authority BaFin in the period July 1, 2002 to April 30, 2005 employing event study methodology. In particular, we focus on the question whether corporate insiders exploit inside...

Am 26. Januar 2005 hat das Bundesverfassungsgericht das Studiengebührenverbot aufgehoben. Damit ist es den einzelnen Bundesländern freigestellt, ob sie Gebühren erheben oder nicht. Während in der Literatur zum Thema Studiengebühren deren Finanzierungsfunktion im Vordergrund steht, widmet...

The business literature has long recognized the importance of multinationals’ distribution networks. The empirical analysis of distribution-oriented FDI has, however, received little attention which is at least partly due to the lack of appropriate data. We outline a slightly modified version...

In this paper we empirically investigate the theoretical results obtained in Zaby (2009). From the theoretical model, which introduces the decision to patent into a setting with horizontally differentiated products we deduce several hypotheses and test these empirically. We find that the...

This paper empirically investigates a firm’s propensity to patent. It thereby builds on a theoretical model on a firms' patenting decision in a market with vertically differentiated products. We deduce and empirically test several hypotheses from the theoretical results regarding patenting and...

Nach Ablösung der bis Ende 2006 geltenden pauschalen Regelungen zur Berechnung des aufsichtsrechtlichen Eigenkapitals wird häufig über die Auswirkungen des neuen risikoadjustierten Regelwerks diskutiert, wobei nur wenig empirische Erkenntnisse vorliegen. Der vorliegende Aufsatz soll helfen,...