Schlagworte wie "lebenslanges Lernen" oder "Wissensgesellschaft" sind nicht zuletzt Ausdruck einer gesellschaftlichen Entwicklung, die die Nachfrage nach Bildungsgütern weiter ansteigen lassen wird. Gleichzeitig unterliegt die Medienlandschaft immer schnelleren Wandlungsprozessen, die...

This paper examines immigration trends and economic impacts of immigration on the Midwestover the 1990s, especially for rural and agricultural labor markets and places them in contextrelative to changes in California, Florida, and Texas and the whole United States. The 1990swas a period of rapid...

[...]Our analysis is composed of three parts. First, we provide adiscussion of what the effects of welfare reform on thecomposition of the caseload—primarily measured by labormarket skill level—should be, in principle. Perhaps surprisingly,we argue that different welfare reform policies...

[...]To explore these questions, we present the firstsystematic analysis of the determinants and impact of thesovereign credit ratings assigned by the two leading U.S.agencies, Moody’s Investors Service and Standard andPoor’s.1 Such an analysis has only recently become possibleas a result of...

This paper revisits Bairoch’s hypothesis that in the late 19th century tariffs were positively associated with growth, as recently confirmed by a new generation of quantitative studies (see O`Rourke (2000), Jacks (2006) and Clemens-Williamson (2002, 2004)). This paper highlights the importance...

The scaling function from multiresolution analysis can be used to constuct asmoothing tool in the context of time series analysis. We give a -based timeseries smoothing function for which we show the properties of a quasilinearmoving average. Furthermore, we discuss its features and especially...

The question of how Italian Renaissance architecture was takenup in other European countries has been the subject of numerousstudies. One interesting example is the building activity in southGermany at the beginning of the 17th century. Major cities like Stuttgartand Augsburg implemented plans...

This paper shows how a simple modi…fication of estimators based on the RandomEffects principle can preserve the consistency and asymptotic efficiency of the methodin panel data despite non-ignorable persistent heterogeneity driven by correlationsbetween the heterogeneity and the regressors. The...

We analyze the long-term impacts of large-scale expansion of biofuels on land-usechange, food supply and prices, and the overall economy in various countries or regions using amulti-country, multi-sector global computable general equilibrium model augmented with an explicitland-use module and...

Bank intermediated finance has been cited frequently as the preferred means for channeling funds from savers to firms. Germany is the prototypical economy where universal banks allegedly exert substantial influence over firms. Despite frequent assertions about the considerable power of German...