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Wage rigidities in Western Germany? Microeconometric evidence from the 1990s

Puhani, Patrick A. - 2001

This paper investigates whether and in what sense the west German wage structure has been ?rigid? in the 1990s. To test the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a methodology which makes less restrictive identifying...

Persistent link: https://www.econbiz.de/10010297774

A Test of the 'Krugman Hypothesis' for the United States, Britain, and Western Germany

Puhani, Patrick A. - 2003

large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment … in Germany increased (unlike in the U.S. and Britain, where it fell). British and German evidence is further backed up … with alternative data sets for these countries. I find evidence for the Krugman hypothesis when Germany is compared to the …

Persistent link: https://www.econbiz.de/10010297281

The Importance of Equity Finance for R&D Activity: Are There Differences Between Young and OldCompanies?

Mueller, Elisabeth; Zimmermann, Volker - 2006

This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...

Persistent link: https://www.econbiz.de/10010297522

Employment Effects of Publicly Financed Training Programs The East German Experience

Kraus, Florian; Puhani, Patrick A.; Steiner, Viktor - 1997

We analyze the effectiveness of publicly financed training and retraining programs in east Germany as measured by their …

Persistent link: https://www.econbiz.de/10010297569

Labour mobility - an adjustment mechanism in Euroland? Empirical evidence for Western Germany, France and Italy

Puhani, Patrick A. - 1999

European Union. Regression results are provided for Western Germany, France, and Italy. It is shown that labour mobility is … highest in Germany, followed by France, and Italy. However, even in Germany, the accommodation of a shock to unemployment by …

Persistent link: https://www.econbiz.de/10010297645

Managerial ownership and firm performance in German small and medium-sized enterprises

Mueller, Elisabeth; Spitz, Alexandra - 2001

We analyze the relationship between managerial ownership and company performance, testing the incentive and entrenchment hypothesis. Differently from previous literature, we focus on small and medium-sized private enterprises which constitute an important part of the German economy. We use a...

Persistent link: https://www.econbiz.de/10010297809

The Importance of Equity Finance for R&D Activity: Are There Differences Between Young and OldCompanies?

Zimmermann, Volker; Mueller, Elisabeth - 2007

Persistent link: https://www.econbiz.de/10010298015

Immigration and Heterogeneous Labor in Western Germany: A Labor Market Classification Based on Nonparametric Estimation

Puhani, Patrick A.; Frölich, Markus - 2002

policy in economies with labor market rigidities. In an application to western Germany it is demonstrated that nonparametric …

Persistent link: https://www.econbiz.de/10010298120

To Be Financed or Not: The Role of Patents for Venture Capital Financing

Mueller, Elisabeth; Harhoff, Dietmar; Haeussler, Carolin - 2009

This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents as signals when trying to assess the prospects of...

Persistent link: https://www.econbiz.de/10010298721

The importance of equity finance for R&D activity: are there differences between young and oldcompanies?

Mueller, Elisabeth; Zimmermann, Volker - 2008

Persistent link: https://www.econbiz.de/10010299462