Mit der JESSICA-Initiative führte die EU in der Förderperiode 2007 - 2013 ein neues Finanzierungsinstrument für die Stadtentwicklung ein. Statt der bisherigen Zuschussförderung sollten EFRE-Mittel unter bestimmten Bedingungen in revolvierende Stadtentwicklungsfonds transferiert werden...

Seit 2007 ist es möglich, mit Unterstützung der europäischen Strukturfonds auch in der Stadtentwicklungspolitik revolvierende Finanzinstrumente einzusetzen. In Deutschland hat im europäischen Vergleich die Entwicklung und Umsetzung von Stadtentwicklungsfonds (SEF) allerdings keine große...

The principles of sustainability are currently applied in Germany and many other countries as important guidelines for urban development. However, different forms of understanding regarding sustainable development and different approaches concerning its implementation can be found in various...

Nachhaltigkeit und Partizipation sind zu zwei Prioritäten der Stadtpolitik geworden. Häufig werden sie als perfekte Synergie betrachtet, aber das ist nicht der Fall. Dieses Kapitel zielt darauf ab, die Verflechtungen von Nachhaltigkeit und partizipativen Prozessen in Theorie und Praxis der...

We present a regression-based generalization of the calendar time portfolio approach which allowsfor the inclusion of continuous and multivariate investor or firm characteristics in the analysis. Ourmethod is simple to apply and it ensures that the statistical results are heteroscedasticity...

This paper explores performance measurement in incentive plans. Based on theory, we argue that differences in the nature of jobs between blue- and white-collar employees lead to differences in incentive systems. We find that performance measurement for white-collar workers is broader in terms of...

This paper develops and implements a new benchmarking approach for labor market regions. Based on panel data for regions, we use nonparametric matching techniques to account for observed labor market characteristics and for spatial proximity. As the benchmark, we estimate the counterfactual...

Environmental cost-benefit analysis (ECBA) refers to social evaluation of investment projects and policies that involve significant environmental impacts. Valuation of the environmental impacts in monetary terms forms one of the critical steps in ECBA. We propose a new approach for environmental...

Baker (2002) has demonstrated theoretically that the quality of performance measures used in compensation contracts hinges on two characteristics: noise and distortion. These criteria, though, will only be useful in practice as long as the noise and distortion of a performance measure can be...