Showing 1 - 10 of 71
Religion is increasingly acknowledged to be a cultural dimension which affects economic outcomes in different regards …. This contribution focuses on religion's possible impact on the shadow economy. Different dimensions of the religious … religions, religious competition or the proximity between religion and the state. The empirical test makes use of the largest …
Persistent link: https://www.econbiz.de/10010304768
This study examines managerial disciplining in poorly performing firms using large panels for Belgian, French, German and UK firms. We consider the monitoring role of large blockholders, the market for share blocks, creditors, and non-executive directors. Board restructuring is correlated to...
Persistent link: https://www.econbiz.de/10010297760
verbreiteten Konzept der effektiven Grenzsteuerbelastung steht. Ein Vergleich mit tariflichen Steuersätzen deutet auf steuerliche … effective marginal tax rates and thus can show whether an investment is favoured or discriminated against by a simple comparison …
Persistent link: https://www.econbiz.de/10010297763
This paper presents and compares several time-series models for returns of broadbased stock indices. These models nest a nonlinear asymmetric GARCH (NGARCH) model as a special case. Some of these models are empirically motivated ad-hoc specifications others are derived from a representative...
Persistent link: https://www.econbiz.de/10010298005
. For the special case of Eastern Germany, I suggest to identify productivity gaps by a comparison with Western Germany as a …
Persistent link: https://www.econbiz.de/10010297273
Recent studies have documented extensive heterogeneity in firm performance within countries, and innovation has been found as an important determinant. This paper addresses the issue of innovation firm performance across countries. A growing number of national firm level studies on the...
Persistent link: https://www.econbiz.de/10010297274
This paper analyses the link between educational attainment and unemployment risk in a French-German comparison, based …
Persistent link: https://www.econbiz.de/10010297286
This paper compares the work attachment of French and German women after childbirth. Both fertility and employment of mothers are higher in France than in Germany. Since the sample of mothers deciding on employment after a child is born might not be representative for all women, we take account...
Persistent link: https://www.econbiz.de/10010297301
The huge difference in the level and variance of student performance in the 2000 PISA study between Finland and Germany motivates this paper. It analyses why Finnish students performed so much better by estimating educational production functions for both countries. The difference in the reading...
Persistent link: https://www.econbiz.de/10010297320
Exploiting the unique economic situation after German unification, I investigate how exit decisions deviate between new firms in a transition and a comparatively stable market environment. Two competing exit mechanisms are considered: entrepreneurial self-selection via voluntary liquidation and...
Persistent link: https://www.econbiz.de/10010297338