Die Förderung von Entrepreneurship und eines günstigen Umfelds für die Wirtschaft, insbesondere für Klein- und Mittelunternehmen, ist von entscheidender Bedeutung für das Wirtschaftswachstum, den Strukturwandel und die Wettbewerbsfähigkeit in der Europäischen Union.Die Europäische...

Climate change is one of the greatest challenges facing our planet in the foreseeable future anddespite the urgency of the situation global GHG emissions are still increasing. In this context,and since future climate changes appear now unavoidable to some extent, adaptation measureshave recently...

We examine active retail mutual funds and institutional products with a mandate to invest ininternational equity markets between 1991 and 2009. Using global and regional factor models,we find no reliable evidence of alphas in the aggregate or on average. The right tail of thedistribution...

This paper documents the relationship between foreign ownership and firm survival forenterprises in Germany using unique tailor-made new representative data that mergeinformation from surveys performed by the Statistical Offices, from administrative datacollected by the Tax Authorities and from...