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We provide an empirical assessment of the German interurban bus industry two years after its deregulation in January …
Persistent link: https://www.econbiz.de/10011314563
of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on … firm value proxied by ratings in Western Germany, but a negative impact in Eastern Germany. We also consider future … financial distress, and find that R&D in Eastern German firms leads to higher default risk, in contrast to Western Germany …
Persistent link: https://www.econbiz.de/10010297541
At the start of the German unification process it was a commonly held view that east German living conditions will converge to west Geman levels within a few years. This view was not only held by notoriously optimistic politicians but also by a great many of professional economists. With...
Persistent link: https://www.econbiz.de/10010297563
Reputation indexes of employment protection have proven popular constructs in studies of the covariation of labor market institutions and macroeconomic outcomes. Portugal occupies an unenviable rank order in such measures of the stringency of employment protection. We critique this reputation in...
Persistent link: https://www.econbiz.de/10010297630
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
The macroeconomic development in West Germany in the aftermath of unification was characterized by a boom period in … 1990/1991, a deep recession in 1992/1993 and a slow recovery since then. In East Germany, in contrast, unification induced … unification are reported. The estimates are based on a disequilibrium model formerly developed for West Germany and extended in …
Persistent link: https://www.econbiz.de/10010297654
Germany, who lived in East Germany in 1989, with groups of West German statistical twin workers, all taken from the Socio …. Wages of migrants to West Germany equal the ones of their West German statistical twins. We conclude that labor markets in … East and West Germany are still characterized by wage differences but that the degree of inequality in both regions …
Persistent link: https://www.econbiz.de/10010298032
Firms are affected by the product demand. This leads to employment adjustments. In the literature we find only very few contributions investigating the issue whether internal adjustments are linked and which relationships exist with external adjustments. Are they of a complementary or...
Persistent link: https://www.econbiz.de/10010298715
adaptation in Germany by analyzing impacts and adaptation options for climate-sensitive fields such as agriculture, energy, water …
Persistent link: https://www.econbiz.de/10010299185
adaptation in Europe, and in particular Germany, Finland and Italy. Furthermore, a systematic overview on fiscal aspects of …
Persistent link: https://www.econbiz.de/10010300743