We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...

The study aims at describing productivity growth in the manufacturing sector for a selected panel of five European countries using firm-level data. The paper explores the empirical regularities of firm productivity distribution across countries. In particular, we assess the degree of persistence...

This paper analyses the impact that firms financial position has on investment decisions using panel data from a large sample of non-financial corporations(around 120,000 firms) in six euro area countries(Belgium, Germany, France, Italy, the Netherlands and Spain). The results indicate that...

Im Jahr 2000 erwirtschafteten deutsche Unternehmen Gewinne, die nach Steuern 2,4 Prozent ihres Umsatzes erreichten. Damit lagen sie in einem 18-Länder-Vergleich an viertschlechtester Stelle. Geringere Nettoumsatzrenditen gab es nur noch in Tschechien, Italien und Polen. Eine tiefer gehende...