Political risk represents an important hidden transaction cost that reduces international trade. This paper investigates the claim that German public export credit guarantees (Hermes guarantees) mitigate this friction to trade flows and hence promote exports. We employ an empirical trade gravity...

This paper measures the productivity impact of management-led participative establishment practices. On the basis of a representative German establishment data set, the IAB establishment panel, the study finds that the presence of team-work, a reduction of hierarchies and autonomous work groups...

High performance workplace practices were extolled as an efficient means to increase firm productivity. The empirical evidence is disputed, however. To assess the productivity effects of a broad variety of measures, we simultaneously account for both unobserved heterogeneity and endogeneity...

Das Bundesverfassungsgericht entschied im Jahr 2005, dass es jedem Bundesland frei stehe, zu entscheiden, ob es Studiengebühren erheben möchte. Infolge dessen führten zunächst Nordrhein-Westfalen und Niedersachsen ab dem Wintersemester 2006/2007 Studiengebühren ein. Ein Jahr später folgten...

This paper measures the productivity impact of management-led participative establishment practices. On the basis of a representative German establishment data set, the IAB establishment panel, the study finds that the presence of team-work, a reduction of hierarchies and autonomous work groups...

Das Bundesverfassungsgericht entschied im Jahr 2005, dass es jedem Bundesland frei stehe, zu entscheiden, ob es Studiengebühren erheben möchte. Infolge dessen führten zunächst Nordrhein-Westfalen und Niedersachsen ab dem Wintersemester 2006/2007 Studiengebühren ein. Ein Jahr später folgten...

The tax burden of real estate transactions in Germany increased considerably since the constitutional reform in 2006. We examine the impact of the real estate transfer tax (RETT) on transactions and (net-of-tax) prices of commercial buildings and vacant commercial lots by means of a...

German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural. Micro-founded Phillips curves fit the German data rather...

Sociological research is increasingly using panel data to examine changes in diverse outcomes over life course events. Most of these studies have one striking similarity: they analyse changes between yearly time intervals. In this paper, we present a simple but effective method to model such...