Abstract Nationale Rahmenbedingungen, zu denen das Ausbildungssystem zu rechnen ist, wirken sich auf die Leistungsfähigkeit der jeweiligen Wirtschaft aus. Die Unternehmen beider Länder sind im ITBereich mit sehr ähnlichen Herausforderungen konfrontiert. Diese Studie untersucht, wie deutsche...

Summary Firms need flexibility, defined as the capacity to react to unexpected situations. Corporate flexibility improves with liquidity. For non-financial firms, sources of liquidity are twofold: internal, by keeping cash, and external, through a borrowing power, usually from banks. On the...

Summary This paper expands the empirical analysis of hysteresis in trade in two directions. First, it uses disaggregate data for exports from Germany to the U.S. to minimise aggregation problems. Second, it introduces a new non-linear model to test for the non-linear parameter. The model is...

Summary Building on a Heckscher-Ohlin-Samuelson framework with factor price rigidities, this paper provides an empirical analysis of the relationship between trade, technical progress, and the labor market in West Germany for the period from 1970 until 1990. The analysis builds on relative...