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The aim of this study is the analysis of so called socially responsible investments (SRI). First, the performance of SRI equity investment funds and equity indices is investigated using Jensen's alpha as performance measure. The analysis considers market timing strategies of the fund management...
Persistent link: https://www.econbiz.de/10011448250
This study analyzes results from an original survey of members of the French and German parliaments (Assemblée Nationale, Sénat and Bundestag) on economic policies and institutions of the Eurozone. We find that French politicians are significantly more supportive of Eurobonds, a European...
Persistent link: https://www.econbiz.de/10011754032
We analyze data from an author‐conducted survey of members of the French and German parliaments on European Monetary Union reform preferences. We consider three potential drivers of preferences: nationality, ideology, and personal characteristics. For European Monetary Union policies like...
Persistent link: https://www.econbiz.de/10011977499
Investments in socially responsible investments (SRI) are still a small, but growing segment of international capital markets. This study analyses whether a SRI screening process applied to equities results in a different performance outcome compared to relevant conventional benchmark indexes....
Persistent link: https://www.econbiz.de/10003025789
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003728424
Arbeitsmarktentwicklung und die Arbeitsmarktprobleme in Deutschland. Vor diesem Hintergrund erfolgt eine Analyse und Bewertung der Reform von …
Persistent link: https://www.econbiz.de/10003650257
The question of the allocation of public R&D funding is becoming particularly important when it comes to identifying the effects of state subsidies, in terms of input or output additionality. This analysis goes one important step further than the existing literature by including the time...
Persistent link: https://www.econbiz.de/10003671251
We use a new and exceptionally rich administrative data set for Germany to evaluate the employment effects of a variety … dynamic selection into programs. Our results suggest that in West Germany both short-term and medium-term programs show … exceptions, we find little evidence for significant positive treatment effects in East Germany. There is some evidence that the …
Persistent link: https://www.econbiz.de/10003502633
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003873325
Die demografische Entwicklung in Deutschland wird auf mittlere Sicht zu einer nennenswerten Absenkung der bisher für … Strukturen in die Zukunft, dass die demografische Bevölkerungsentwicklung in Deutschland langfristig zu einer Absenkung des …
Persistent link: https://www.econbiz.de/10003721788