Showing 1 - 10 of 903
This paper exploits the introduction of the right of referenda at the local level in the German state of Bavaria in 1995 to study the fiscal effects of direct democracy. In the first part of the paper, we establish the relationship between referenda activity and fiscal performance by using a new...
Persistent link: https://www.econbiz.de/10009762810
In Deutschland beanspruchen gleich zwei Ressorts, das Bundesministerium für Bildung und Forschung (BMBF) sowie das … Bundesministerium für Wirtschaft und Technologie (BMWi) die Zuständigkeit für die deutsche Innovationspolitik. Dieses für den Bund … Förderinstrumentariums zu dem Schluss, dass insbesondere die Wirkungsforschung in Deutschland noch unterentwickelt ist und vor neuen …
Persistent link: https://www.econbiz.de/10011446955
Unification fundamentally changed the terms of quantitative macroeconomic analysis for Germany. Two main areas concerned are data availability for the eastern part of Germany and structural changes within the behavioural equations after unification. Our paper presents results from the estimation...
Persistent link: https://www.econbiz.de/10011443482
This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical...
Persistent link: https://www.econbiz.de/10011446171
We study the effect of direct democracy on local taxation. Our setting is the German federal state of Bavaria, where in 1995 a state-wide referendum introduced the possibility to initiate direct democratic legislation into the local government code. Relying on a sample of all Bavarian...
Persistent link: https://www.econbiz.de/10010229893
This paper measures determinants of individual academic achievements. In addition to an extensive list of individual characteristics, skills obtained during study and socio-economic background factors, many dimensions of selectivity into academic study subjects are shown to drive individual...
Persistent link: https://www.econbiz.de/10009675310
Der vom Bundesministerium für Wirtschaft und Energie initiierte Fachdialog Ordnungsrahmen für die digitale Wirtschaft … aufzeigen, der Wirtschaft und Gesellschaft einerseits die Ausschöpfung der Innovations- und Wachstumspotenziale der …
Persistent link: https://www.econbiz.de/10011798967
By means of an event study of stock market reactions to the announcement of the Olympic Games host cities, we find a significant and positive announcement effect of hosting the Summer Games, with a cumulative abnormal return of about 2% within a few days. We do not find any significant results...
Persistent link: https://www.econbiz.de/10003745113
The focus of this paper is the evaluation of a very popular method for potential output estimation and medium-term forecasting the production function approachin terms of predictive performance. For this purpose, a forecast evaluation for the three to five years ahead predictions of GDP growth...
Persistent link: https://www.econbiz.de/10003582516
We estimate the employment effects of training, intervention works (subsidised employment), and public works programmes in Poland. The analysis is based on retrospective monthly calendar information on the labour force state and active labour market programme (ALMP) participation between January...
Persistent link: https://www.econbiz.de/10011441639