Showing 1 - 10 of 572
Persistent link: https://www.econbiz.de/10002137150
The savings banks’ decision to distribute profits among their public owners is strongly regulated by law in order to guarantee their adequate funding via retained profits. However, the legal scope is reluctantly exhausted. In this study we examine the determinants of the savings banks’...
Persistent link: https://www.econbiz.de/10003114169
Although there seems to be consensus in the literature that venture capital investors increase the innovation output of their portfolio companies, there is little evidence about how investor type (governmental vs. private) and transaction structure (syndicated vs. non-syndicated) moderate this...
Persistent link: https://www.econbiz.de/10009510109
While most economists believe that public scientific research fuels industry innovation and economic growth, systematic evidence supporting this relationship is surprisingly limited. In a recent study, Acemoglu and Linn (2004) identified market size as a significant driver of drug innovation in...
Persistent link: https://www.econbiz.de/10009374417
We study the effects of a change in the way patient reimbursements are calculated on the prices of pharmaceuticals using quasi-experimental data for Denmark which switched from external (where reimbursements are based on prices of similar products in foreign countries) to internal reference...
Persistent link: https://www.econbiz.de/10010462523
The paper studies the effects of the Pfizer and Pharmacia (2003) merger on competition in the Swiss pharmaceutical market and compares the assessment of the Swiss Competition Commission (COMCO) with the post-merger market developments. We find that the merger has had a miniscule impact on the...
Persistent link: https://www.econbiz.de/10009011228
On April 1, 2005, Denmark changed the way references prices, a main determinant of reimbursements for pharmaceutical purchases, are calculated. The previous reference prices, which were based on average EU prices, were substituted to minimum domestic prices. Novel to the literature, we estimate...
Persistent link: https://www.econbiz.de/10008660633
double dividend, reducing both, the problem of global warming and high unemployment rates. In addition to domestic actions … countries such as India where Germany pays emission reduction abroad rather than meeting its reduction target solely by domestic … framework of a large-scale general equilibrium model for Germany and India where Germany may undertake joint implementation with …
Persistent link: https://www.econbiz.de/10011444919
Bengal, India. The main findings indicate a lower labour market participation rate among affected household members. However …
Persistent link: https://www.econbiz.de/10010194459
This paper follows up recent work on the relationship between (un-)employment and wage effects of social security financing undertaken by the OECD Jobs Study. Based on a simple macroeconometric model of the labour market, I investigate whether the peculiar OECD results for Germany on the...
Persistent link: https://www.econbiz.de/10011439693