Showing 1 - 10 of 188
This paper analyses the role of banks in financing SMEs in Britain and Germany.
Persistent link: https://www.econbiz.de/10005843614
This paper presents experimental evidence that contributions to a public good can bepath-dependent for a limited time span. We study a repeated linear public-good gamewith punishment opportunities. Our data shows that subjects who had experienced ahigher marginal return on public-good...
Persistent link: https://www.econbiz.de/10009302674
US. We ask whether entrepreneurship exhibits hysteresis,defined as a macro dynamic structure in which cyclical … fluctuations have persistent effects onthe natural rate of entrepreneurship. We find evidence of hysteresis in Spain, but not the …
Persistent link: https://www.econbiz.de/10009360647
This paper analyzes the long-term effects of graduating in a recession on earnings, job mobility, and employer characteristics for a large sample of Canadian college graduates using matched university-employer-employee data from 1982 to 1999. The results are used to assess the role of job...
Persistent link: https://www.econbiz.de/10005859543
This paper provides new evidence on the nature of occupational differences in unemployment dynamics, which is relevant … for the debate between the structural or hysteresis hypotheses. We develop a procedure that permits us to test for the …
Persistent link: https://www.econbiz.de/10005859547
The development of path-dependent processes basically refers to positive feedback in terms of increasing returns as the main driving forces of such processes. Furthermore, path dependence can be affected by context factors, such as different degrees of complexity. Up to now, it has been unclear...
Persistent link: https://www.econbiz.de/10005865329
Traditional game theory usually relies on commonly known decision rationality meaning that choices are made in view of their consequences (the shadow of the future). Evolutionary game theory, however, denies any cognitive deliberation by assuming that choice behavior evolves due to its past...
Persistent link: https://www.econbiz.de/10005866852
Recent theoretical work shows that changes in the volatility of inflation and/or unem-ployment affect equilibrium in … propositionthat the volatility of unemployment helps explain inflation outcomes suffers from a spu-rious regression problem. Once this … problem is controlled for, the evidence suggeststhat the volatility of unemployment does not help explain inflation outcomes …
Persistent link: https://www.econbiz.de/10009360871
In mid-2008, high employment and low unemployment rates characterised the Estonian labour marketin comparison with the …, ethnic groups, and workers with different skilllevels. As Estonia entered recession in 2008, the unemployment rate almost …
Persistent link: https://www.econbiz.de/10009418712
In Deutschland ist die Gruppe der Geringqualifizierten am meisten vom Risiko der Arbeitslosigkeitbetroffen. Die Arbeitslosenquote dieser Gruppe liegt seit Jahren bei etwa 20% gegenüber Werten vondeutlich unter 10% der übrigen arbeitsfähigen Bevölkerung. Personen ohne abgeschlossene...
Persistent link: https://www.econbiz.de/10009418885