In our analysis of the impact of new firm formation on regional employment change we identified considerable time lags. We investigated the structure and extent of these time lags by applying the Almon lag model and found that new firms can have both a positive and a negative effect on regional...

We investigate the impact of new business formation on regional employment. The main effects occur after a considerable time lag. Obviously, a large part of the effect is not due to job creation by the newcomers but rather is of indirect nature. This implies that a large part of the debate about...

We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regressionbased forecasting models for GDP growth, inflation, S&P500 stock price index, and fuel prices. Our results indicate that...

"The prospects for Germany's economic development are good at present. Nonetheless there are also uncertainties and downsides. For this reason our labour market forecast for 2000 is based on a range of assumptions for the actual economic growth. The overview includes the basic data of these...

"The article takes up a taboo subject in the field of economic sciences. It poses the question as to whether market saturation in individual product markets brought about the flagging economic dynamism and thus may be the cause of the income and labour market problems. The question arises as to...