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Fiscal stimulus and distortionary taxation
Drautzburg, Thorsten; Uhlig, Harald - 2011 - This revision: May 30, 2011
-run multipliers around 0.52 and modestly negative long-run multipliers around -0.42. The multiplier is sensitive to the fraction of …. -- Fiscal Stimulus ; New Keynesian model ; liquidity trap ; zero lower bound ; fiscal multiplier … modestly negative long-run multipliers around -0.42. The multiplier is sensitive to the fraction of transfers given to credit …
Persistent link: https://www.econbiz.de/10009129765
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Existenzgründerpotentiale unter Arbeitsuchenden : empirische Evidenz auf der Basis des Mikrozensus
Pfeiffer, Friedhelm - 1999
In April 1995, 5.3 million people in Germany were on the lookout for a new job opportunity. 177,000 or nearly 3% of those were searching for an opportunity to get self-employed. In this study the determinants of the lookout for selfemployment in lieu of wage work are investigated separately for...
Persistent link: https://www.econbiz.de/10011442339
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What does ex-post evidence tell us about the output effects of future tax reforms?
Kneller, Richard; Misch, Florian - 2011
This paper reviews the existing evidence on the effects of tax reforms on output levels and growth over the short and long run from different strands of the literature. It develops and applies criteria to evaluate the usefulness of ex-post estimates to predict the effects of tax reforms ex-ante....
Persistent link: https://www.econbiz.de/10008938016
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Building and blocking : the two faces of technology acquisition
Grimpe, Christoph (contributor);  … - 2008
Gaining access to technological assets and patents, in particular, has long been a major motive and objective for firm acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand, patents can be attractive because of their...
Persistent link: https://www.econbiz.de/10003728399
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Berücksichtigung von Steuern bei der Bewertung von Unternehmen am Beispiel der DCF-Methoden
Laas, Tim - 2000
In dem letzten Jahrzehnt wurde die Berücksichtigung von Steuern bei der Bewertung von Unternehmen in Theorie und Praxis intensiv diskutiert. Resultat dieser Diskussion war eine Änderung der öffentlichen Stellungnahmen der Wirtschaftsprüfer in Richtung der zwingenden Integration persönlicher...
Persistent link: https://www.econbiz.de/10011445019
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Option-style multi-factor comparable company valuation for practical use
Meitner, Matthias (contributor) - 2003
Persistent link: https://www.econbiz.de/10001911613
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International stock return predictability under model uncertainty
Schrimpf, Andreas (contributor) - 2008
This paper examines return predictability when the investor is uncertain about the right state variables. A novel feature of the model averaging approach used in this paper is to account for finite-sample bias of the coefficients in the predictive regressions. Drawing on an extensive...
Persistent link: https://www.econbiz.de/10003728591
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Unemployment persistence : is there evidence for stigma effects?
Biewen, Martin (contributor); Steffes, Susanne (contributor) - 2008
We present evidence for a highly significant interaction between state dependence in individual unemployment risk and the business cycle. The disadvantage from having been unemployed in the previous period is smaller in times of relatively high unemployment and larger in times of low...
Persistent link: https://www.econbiz.de/10003745095
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Exports and profitability : first evidence for German manufacturing firms
Fryges, Helmut (contributor); Wagner, Joachim (contributor) - 2008
Using unique recently released nationally representative high-quality longitudinal data at the enterprise level for Germany, this paper presents the first comprehensive evidence on the relationship between exports and profitability. It documents that the positive profitability differential of...
Persistent link: https://www.econbiz.de/10003770907
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Does EU cohesion policy promote growth? : evidence from regional data and alternative econometric approaches
Mohl, Philipp (contributor); Hagen, Tobias (contributor) - 2008
This paper analyses the growth effects of EU structural funds using a new panel dataset of 124 NUTS-1 / NUTS-2 regions over the time period 1995-2005. We extend the current literature with regard to at least three aspects: First of all, we extend the time period of investigation, using...
Persistent link: https://www.econbiz.de/10003770912