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Estimating the benefits of R&D subsidies for Germany
Köhler, Mila - 2018
In Germany, R&D subsidies are an important tool to support innovation in the private sector. This paper studies the … government, the estimated average social rate of return is 34% for Germany in the period 1994 to 2011. Thereby effects on firm … decision in Germany remained remarkably stable over time, and that application costs as well as the marginal profitability of …
Persistent link: https://www.econbiz.de/10011780867
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Intertemporal evaluation criteria for climate change policy : the basic ethical issues
Buchholz, Wolfgang; Schymura, Michael - 2011
-- Intertemporal ethics ; Distribution ; Discounting ; Climate Change …
Persistent link: https://www.econbiz.de/10009006792
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How can pure social discounting be ethically justified?
Buchholz, Wolfgang; Schymura, Michael - 2013
helpful to justify pure social discounting per se. -- Intertemporal ethics ; Distribution ; Discounting ; Climate Change …
Persistent link: https://www.econbiz.de/10009704247
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Earnings losses after non-employment increase with age
Zwick, Thomas (contributor) - 2008
This paper shows that earnings losses after unemployment increase with age. First, older employees start out with relatively high earnings in comparison to employees without employment interruptions several years before the non-employment spell. This earnings advantage turns into a strong...
Persistent link: https://www.econbiz.de/10003728393
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Heterogeneous labour markets in a microsimulation-AGE model : application to welfare reform in Germany
Boeters, Stefan (contributor); Feil, Michael (contributor) - 2008
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
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Noncognitive skills, Internet use and educational dropout
Coneus, Katja (contributor); Gernandt, Johannes (contributor) - 2008
Using data from the German Socio-Economic Panel for the years 2000 to 2006 we analyze the determinants and labor market effects of educational dropout. In addition to classical variables like family background and occupation, we examine noncognitive skills and Internet use. Noncognitive skills...
Persistent link: https://www.econbiz.de/10003728547
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The adoption of new technologies and the age structure of the workforce
Meyer, Jenny (contributor) - 2008
This paper provides firm-level evidence for the relationship between the age structure of the workforce and the adoption of new or significantly improved technologies in service sector firms. Furthermore, it closes a research gap by analyzing the joint impact of the age of the workforce and the...
Persistent link: https://www.econbiz.de/10003728572
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R&D investment and financing constraints of small and medium-sized firms
Czarnitzki, Dirk (contributor); Binz, Hanna L. (contributor) - 2008
This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models show that internal constraints, measured by mark-ups, are more decisive for R&D than...
Persistent link: https://www.econbiz.de/10003728587
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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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The impact of intergovernmental grants on cost efficiency : theory and evidence from German municipalities
Kalb, Alexander (contributor) - 2008
In this paper we use a simple bureaucracy model of fiscal illusion to analyze the impact of intergovernmental grants on the cost effciency of local jurisdictions. We find that a higher degree of redistribution within a system of fiscal equalization or an increase in the amount of grants received...
Persistent link: https://www.econbiz.de/10003728661