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The critique by Gahn and González (2019) of the conclusions in Nikiforos (2016) regarding what data should be used to evaluate whether capacity utilization is endogenous to demand is weak for the following reasons: (i) The Federal Reserve Board (FRB) measure of utilization is not appropriate...
Persistent link: https://www.econbiz.de/10012142987
The number of employees historically filed and registered from January to April 2020 for short-time compensation is used to obtain a nowcast for GDP growth in the first quarter and an outlook until the third quarter 2021. We purge the monthly log level series from the systematic component to...
Persistent link: https://www.econbiz.de/10012671248
We document whether a simple, univariate model for quarterly GDP growth is able to deliver forecasts in a crisis period like the Covid-19 pandemic, which may serve cross-checking forecasts obtained from elaborate and expert models used by forecasting institutions. We include shocks to the log...
Persistent link: https://www.econbiz.de/10014374248
We document whether a simple, univariate model for quarterly GDP growth is able to deliver forecasts of yearly GDP growth in a crisis period like the Covid19 pandemic, which may serve cross-checking forecasts obtained from elaborate and expert models used by forecasting institutions. We include...
Persistent link: https://www.econbiz.de/10014374278
In this paper, we study the small sample properties of the panel data stationarity test of Hadri (2000). We find that … the previously suggested moments, that are to be used when standardizing the panel data stationarity test, cause size … standardizing moments that are to be used in a panel data stationarity test when samples are small and serial correlation in the …
Persistent link: https://www.econbiz.de/10013208476
This paper summarizes interviews from 1998 with 590 individuals trying to create a business centered around five questions: 'Who are you?', 'What are you trying to accomplish?', 'What have you and others put into the business?', 'What have you accomplished?', 'What remains to be done?' There is...
Persistent link: https://www.econbiz.de/10010292177
This paper analyzes how statutory entitlements to maternity or parental leave affect female entry into self-employment after childbirth. For our estimations we use comprehensive panel data for German adults born between 1944 and 1989. We find that utilization of statutory parental leave...
Persistent link: https://www.econbiz.de/10011291855
Die vorliegende Studie untersucht die Determinanten der Entscheidung, einen Sohn oder eine Tochter zum familieninternen Nachfolger zu bestimmen. Ein besonderes Augenmerk liegt dabei auf dem Geschlecht des Übergebers. Nationale wie internationale Forschungsarbeiten deuten darauf hin, dass...
Persistent link: https://www.econbiz.de/10010332556
The paper builds on the understanding of context as suggested by Welter (2011) who introduced different dimensions of context along a continuum of where entrepreneurship takes place and when this happens. Where context has been studied in relation to gender and women, the focus has been on the...
Persistent link: https://www.econbiz.de/10010335864
In the global clash for unveiling the 'innermost secrets' of the brain, the field of neuroscience is the most fitting contender. Neuroscience is not quite ready to win the war for now, but it is assuredly equipped to win some battles. Notwithstanding that entrepreneurship is fundamentally a...
Persistent link: https://www.econbiz.de/10011669152