BEA’s national economic statistics provide a comprehensive view of U.S. production, consumption, investment, exports and imports, and income and saving. These statistics are best known by summary measures such as gross domestic product (GDP), corporate profits, personal income and spending,...

BEA’s national economic statistics provide a comprehensive view of U.S. production, consumption, investment, exports and imports, and income and saving. These statistics are best known by summary measures such as gross domestic product (GDP), corporate profits, personal income and spending,...

We investigate the pricing of convertible bonds on the French convertible bond market using dailymarket prices for a period of 18 months. Instead of a firm-value model as used in previous studies, weuse a stock-based binomial-tree model with exogenous credit risk that accounts for all...

France has experienced massive changes in its regulation of working time during the last decade. These changes generate natural experiments that may help to study a variety of issues in labor economics, including work sharing effect on job creation or productivity, labor relations or adaptation...

Germany is one of the top business locations in Europe. First, thecountry is one of the most important markets in Europe in itself.Its more than 80m inhabitants make a huge number of consumers.And with a GDP constantly on the rise, there is quite somemoney to spend. At the same time, the gap...

Mit dem Umstieg von Rundfunk und Fernsehen von der Analog- auf die Digitaltechnik werden große Teile des bislang für die terrestrische Verbreitung von Rundfunk und Fernsehen benötigten und benutzten Frequenzspektrums frei. Der Rundfunk nutzt bislang 56 MHz im VHF-Band1 und 392 MHz im...

Trotz des säkularen Trends zur wettbewerblichenÖffnung monopolisierterMärkte und der Abschaffung administrativer/gesetzlicher Marktzutrittsschrankenhat sich der Kernbereichdes Postmarktes, der Briefmarkt, alsmonopolistische Nische erhalten. Beider Trennung von Post und Telekommunikationund...