In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm's matching model of unemployment. To the best of...

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...

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...

Within a two-step GARCH framework we explore the linkages between equity returns of ten sectors in the euro area, the United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects originating from one of the three currency areas and...