Showing 1 - 10 of 91
Analyses of credit spreads, i. e. the difference between the returns on corporate loans and on no-risk investments for periods equivalent in length, can provide useful information to both business managers and to external observers. In this article, fundamental determinants of such credit...
Persistent link: https://www.econbiz.de/10010764524
Wir analysieren die Determinanten der Zuschauernachfrage in der Fußballbundesliga in den Saisonen 2001/02 bis 2004/05, d.h. für insgesamt 1224 Spiele. Dafür spezifizieren wir ein ökonometrisches Modell, das die begrenzte Kapazität der Stadien und Heteroskedastizität berücksichtigt. Es...
Persistent link: https://www.econbiz.de/10010985193
Für Unternehmen kann die Analyse von Credit Spreads, d.h. der Differenz zwischen den Renditen von Unternehmensanleihen und laufzeitäquivalenten risikolosen Anlagen, nützliche Informationen erbringen, da sich Veränderungen im Credit Spread auf ihre Finanzierungskonditionen auswirkt. Prof. Dr....
Persistent link: https://www.econbiz.de/10005056000
We analyze the determinants of match attendance in the German premier football league ("Fußballbundesliga") in the seasons 2001/02 to 2004/05, i.e. for 1,224 matches. For that purpose, we specify an econometric model which takes the capacity constraint of each stadium and heteroskedasticity...
Persistent link: https://www.econbiz.de/10005566277
Persistent link: https://www.econbiz.de/10005390902
The concept of the "employment threshold" plays an important role in the public discussion of unemployment. The employment threshol d is defined as that growth rate of output which is necessary to keep employment constant despite the continuous rise in labour productivity. It is related to the...
Persistent link: https://www.econbiz.de/10005405724
"This paper analyses the effects of education signals for Ethnic Germans and Germans without a migration background ('Native Germans'). We base our analysis on a sorting model with productivity enhancing effects of education. We compare whether the signalling value differs between the migrants...
Persistent link: https://www.econbiz.de/10004973883
This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the period 1960-2000. In contrast to many other studies, we use long time series and analyse cyclically adjusted trend values of the unemployment rate. Our novel contribution is...
Persistent link: https://www.econbiz.de/10010897416
The concept of the ’employment threshold’ plays an important role in the public discussion of unemployment. The employment threshold is defined as that growth rate of output necessary to keep employment constant despite the continuous rise in productivity. It is related to the Okun...
Persistent link: https://www.econbiz.de/10010897594
This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the period 1960–2000. In contrast to many other studies, we use long time series and analyse cyclically adjusted trend values of the unemployment rate. Our novel contribution is...
Persistent link: https://www.econbiz.de/10010868568