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The literature review showed that co-publications and co-patents are relevant proxies for international collaboration. Though publications are more frequently used than patents, not at least because private research collaborations and technological R&D may have additional outputs than only...
Persistent link: https://www.econbiz.de/10009639577
This third Progress Report of the FP7 SME Inter-service Task Force includes an analysis of SME participation rates across the themes of the Cooperation Programme in the first two full years of the Framework Programme (FP7). Statistical information is provided on the number of SMEs and the...
Persistent link: https://www.econbiz.de/10009641054
The aim of this paper is twofold. First, for West Germany, France, Italy and US, we econometrically select within a …
Persistent link: https://www.econbiz.de/10009635887
This paper examine differences between risk-neutral and objective probability densities of future interest rates. The identification and quantification of these differences are important when risk-neutral densities (RNDs), such as option-implied RNDs, are used as indicators of actual beliefs of...
Persistent link: https://www.econbiz.de/10009635905
Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...
Persistent link: https://www.econbiz.de/10009635969
Strukturen der allgemeinen und beruflichen Bildung und der Erwachsenenbildung in Europa Wer die allgemeine Organisation der Bildungssysteme in Europa kennen lernen möchte, findet die entsprechende Basisinformation in den ca. 40-Seiten umfassenden Länderberichten. Diese Monografien werden...
Persistent link: https://www.econbiz.de/10009636183
This paper uses data on German government bond futures options to examine the behaviour of market expectations around monetary policy actions of the European Central Bank (ECB). In particular, this paper focuses on the asymmetries in bond market expectations, as measured by the skewness of...
Persistent link: https://www.econbiz.de/10009636538
Member States are permanently excluded. However, there remains a risk that France and Germany will use the idea of a … whether the core is driven by France and Germany or led by a trilateral grouping including the UK. The future of core Europe … depends on Germany. The idea of a core Europe still has enormous appeal in Germany, given its long intellectual tradition and …
Persistent link: https://www.econbiz.de/10009636640
Persistent link: https://www.econbiz.de/10009636733
Persistent link: https://www.econbiz.de/10009637406