Since oil prices are typically governed by nonlinear and chaotic behavior, it's become rather difficult to capture the dominant properties of their fluctuations. In recent years, unprecedented interest emerged on the decomposition methods in order to capture drifts or spikes relatively to this...

There are a lot of studies that test Ballasa-Samuelson hypothesis also known as Harrod Balassa-Samuelson effect directly via the effect of productivity, one possible explanation is that PER Capita GDP is not good explanation for productivity (.i.e. Labor productivity) differences; an increase...

The main aim of the present paper is to historically reappraise the development of the German Socio-Economic Panel Study (SOEP) in the 1990s after the first six waves had been collected. This development was closely connected to the opening of the Iron Curtain in Eastern Europe and the fall of...

The main aim of the present paper is to historically reappraise the development of the German Socio-Economic Panel Study (SOEP) in the 1990s after the first six waves had been collected. This development was closely connected to the opening of the Iron Curtain in Eastern Europe and the fall of...

While quantifying the foreign ownership premium has received a lot of attention in the empirical literature, there is only little known about productivity variations between foreign affiliates of multinational firms. In order to enhance the understanding of the economic causes of this...

This paper investigates the impact of broadband availability on economic activity as measured by local employment rates. Using panel data on broadband coverage in 8,460 West German municipalities for the period from 2005 to 2009, we find, in fixed effects regressions, an overall positive, but...

The global community has seen the existential threat of climate change caused by rising carbon dioxide emissions. But arising out of the 2015 United Nations Sustainable Development Goals is the call for a shift to clean energy technologies. The EU has set its targets to reach climate-neutrality...

The paper tries to shed some light on the problems of centralization and decentralization within an economic union and the federal member states. Integration and decentralization are not opposite policy strategies but both meaningful if the single public goods and services supplies are analyzed...

A great deal of late bidding has been observed on internet auctions such as eBay, which employ a second price auction with a fixed deadline. Much less late bidding has been observed on internet auctions such as those run by Amazon, which employ similar auction rules, but use an ending rule that...