The objective of the seminar was to discuss current issues involving financial markets and the economy in the fields of corporate governance, banks and stock markets as well as the causes and the consequences of international financial crises. (Published in German.)

Das ifo Institut hat 1995 rund 1200 westdeutsche Industrie- und Bauunternehmen befragt, um alternative Modelle zum unternehmerischen Preisanpassungsverhalten empirisch zu überprüfen. Die Auswertung zeigte nicht nur, daß in beiden Bereichen ein beträchtlicher Teil der Preise rigide ist, sie...

Ökonomen und Entwicklungstheoretiker haben sich mit dem Dienstleistungssektor lange schwer getan. Die Wertschöpfung der Dienstleistungen liegt in den Industrie- und Entwicklungsländern im Durchschnitt weit höher als der Beitrag anderer Sektoren. Ende der achtziger Jahre betrug der Anteil der...

This volume contains the papers and supplementary papers given at the 33rd Ottobeuren Seminar on Economics. The authors deal with current issues pertaining to education and economics, such as for example the determination and the assessment of the return on education, the influence of education...

"This paper contributes to the literature on the impact of immigrants on native female labour supply. By segmenting the market by educational levels, we are able to investigate which nativeborn women are more affected by an increase of low-skilled immigrants working in the household service...

Presents the Block-Roberts methodology for measuring labour standards, highlighting its relativism (does not rely on a universal benchmark like ILO Conventions) and its politically feasible benchmark (at least one jurisdiction enacted). Comparing the US with Canada and the EU, resp., determines...