answered. -- Intangible capital ; rate of return ; firm-level profitability …It is argued that the observed return rates on capital at firm-level have an upward bias if firms are producing with … unobserved intangible capital. Using EUKLEED, a comprehensive firm level data base for Germany, this theoretical preposition is …

other aspects of firm behaviour. In this paper we consider the impact of minimum wages on firm profitability by exploiting … firm profitability was significantly reduced (and wages significantly raised) by the minimum wage introduction. This … employment), there is hardly any evidence on their impact on firm performance. This is surprising: minimum wages appear to have a …