The evolution of higher moments of the firm size distribution so far seems to be neglected in the empirical firm growth literature. Based on GMM estimates, this paper introduces simple Wald tests to investigate whether the firm size distribution converges in both the second and third central...

This study analyses the effect of trade and migration on wages and labour market mobility. We estimate wage growth equations and a multinomial logit mobility equation on an individual data set for 1991 to 1994. We find substantial differences in the reactions of white and blue-collar workers...

This paper uses the multiple variance ratio test procedure developed by Chow and Denning (1993) to test for a random walk of stock returns on the Austrian Stock Exchange. I find that with daily data the test rejects the random walk hypothesis at all conventional significance levels for each and...

This paper analyses the co-operation activities of small Austrian firms with the CEEC and compares them to those of larger firms. Small firms are less likely to engage in cross-border co-operation than larger firms, more likely to co-operate in ownership based forms of co-operation but less...

This paper examines return and onward migration of immigrants to Austria, taking into account immigration type, country of origin, and employment outcomes. The analysis is based on longitudinal administrative records of the Austrian Social Security Database of immigrants who entered Austria...