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Works Councils and the Productivity Impact of Direct Employee Participation
Zwick, Thomas - 2003
This paper measures the productivity impact of management-led participative establishment practices. On the basis of a representative German establishment data set, the IAB establishment panel, the study finds that the presence of team-work, a reduction of hierarchies and autonomous work groups...
Persistent link: https://www.econbiz.de/10010297298
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Empirical determinants of employee resistance against innovations
Zwick, Thomas - 2000
representative sample of German service firms which includes detailed information on the economic environment of the firm. It shows … that employee opposition against innovations can be predicted by very basic information on the firm that is relevant for …
Persistent link: https://www.econbiz.de/10010297711
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Reassessing the Impact of High Performance Workplaces
Zwick, Thomas; Wolf, Elke - 2002
High performance workplace practices were extolled as an efficient means to increase firm productivity. The empirical evidence is disputed, however. To assess the productivity effects of a broad variety of measures, we simultaneously account for both unobserved heterogeneity and endogeneity...
Persistent link: https://www.econbiz.de/10010298114
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Is the Behavior of German Venture Capitalists Different? Evidence from the Neuer Markt
Tykvová, Tereza - 2003
Using a unique, hand-collected database of all venture- backed firms listed on Germany's Neuer Markt, we analyze the history of venture capital financing of these firms before the IPO and the behavior of venture capitalists at the IPO. We can detect significant differences in the behavior and...
Persistent link: https://www.econbiz.de/10010297295
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Who Are the True Venture Capitalists in Germany?
Tykvová, Tereza - 2004
In this paper, we analyze the investment and divestment patterns of different types of venture capitalists. Using a data set em- bracing all venture-backed IPOs that occurred on Germany's Neuer Markt we investigate whether the governance structures, objectives, abilities and track records of...
Persistent link: https://www.econbiz.de/10010297317
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Asymmetric Price Transmission in Supply Function Equilibrium, Carbon Prices and the German Electricity Spot Market
Wölfing, Nikolas - 2008
In January 2007, first evidence of an asymmetric pass-through of CO2 emission allowance prices was reported for the German electricity spot market. This paper explores the theoretical basis for such an asymmetry in the context of a supply function bidding duopoly. It interprets fluctuating...
Persistent link: https://www.econbiz.de/10010298051
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An information economics perspective on main bank relationships and firm R&D
Hoewer, Daniel; Schmidt, Tobias; Sofka, Wolfgang - 2011
Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R …&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically … value of their R&D activities and as a result reduce the information deficits that block the availability of external …
Persistent link: https://www.econbiz.de/10010306611
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Do Computers Call for Training? Firm-level Evidence on Complementarities Between ICT and Human Capital Investments
Hempell, Thomas - 2003
This paper explores whether investments in information and communication technologies (ICT) and firm?sponsored training …
Persistent link: https://www.econbiz.de/10010297271
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A Test of the 'Krugman Hypothesis' for the United States, Britain, and Western Germany
Puhani, Patrick A. - 2003
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...
Persistent link: https://www.econbiz.de/10010297281
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The Impact of Training on Earnings: Differences Between Participant Groups and Training Forms
Kuckulenz, Anja; Zwick, Thomas - 2003
survey?, a rich German data set with information on 0.1 percent of all individuals employed in Germany in 1998/1999. We use a … one-step full-information maximum likelihood and a two stage least squares estimation to regress the impact of training …
Persistent link: https://www.econbiz.de/10010297306