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This paper shows that the liberalisation of foreign direct investment (FDI) tends to make the effect of labour costs on domestic investment and labour demand more negative. Using data from Germany, it then provides evidence that is consistent with this view. First, high unit labour costs...
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Establishment Panel from the Institute for Employment Research. The major results are: productivity and investments are positively …
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's implementation of incentive regulation in 2009 has a negative impact on total investment, and that firms increase their investments … with the German data. The results show that investments increase after incentive regulation, and that the institutional … investments increase in the base year when the rate base is determined for the following regulatory period. We conclude that a …
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investments of banks at the security level for 2005-2012 in conjunction with the credit register from Germany. Analyzing data at … increase their overall investments in securities, especially in those that had a larger price drop. The quantitative effects …
Persistent link: https://www.econbiz.de/10010527104
We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for new firm cohorts but locked it in for incumbents. Rejecting the canonical hold-up prediction - that increasing...
Persistent link: https://www.econbiz.de/10012175277
a proprietary dataset that has the investments of banks at the security level for 2005-2012 in conjunction with the … their investments in securities, especially in those that had a larger price drop, with the strongest impact in low …
Persistent link: https://www.econbiz.de/10011974673