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Qualifikations- und Lohnstrukturen in Deutschland und Tschechien. Investitionen in Produktions- und Dienstleistungsaktivitäten im … Ausland spielen im Rahmen der ökonomischen Integration der europäischen Märkte eine herausragende Rolle. Die Theorie der … Deutschland und Tschechien interviewt wurden. Befragt wurden in beiden Ländern sowohl grenzüberschreitend verbundene Unternehmen …
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Is time-varying firm-level uncertainty a major cause or amplifier of the business cycle? This paper investigates this question in the context of a heterogeneous-firm RBC model with persistent firm-level productivity shocks and lumpy capital adjustment, where cyclical changes in uncertainty...
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Using a German firm-level data set, this paper is the first to jointly study the cyclical properties of the cross-sections of firm-level real value added and Solow residual innovations, as well as capital and employment adjustment. We find two new business cycle facts: 1) The cross-sectional...
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The sensitivity of innovation activities with respect to the business cycle is often assumed to be small. In this paper the hypothesis on cyclical dependence of innovation activities is tested for firms in the German manufacturing, and additionally for SMEs. To this end firms? innovation...
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