The authors provide evidence on the impact of foreign ownership on labor market outcomes analyzing pay differences between foreign-acquired and domestically owned firms. For this purpose, they use firm-level data from 16 European countries over the time period 19992006. Combing propensity score...

Die kürzlich von ERECO veröffentlichten European Regional Prospects“ zeigen die ökonomischen Perspektiven der europäischen Stadtregionen für den Zeithorizont bis 2006 auf. Treibende Kraft hinter der Wirtschaftsentwicklung sind die marktbestimmten Dienstleistungen. Eine besonders...

Tackling the crisis, readjusting the economic model: Rising energy prices, historically high inflation rates and ongoing supply chain bottlenecks are challenging Germany's long-standing industrial base. On top of that, entrepreneurs and the state alike are faced with new geopolitical tensions...

Human resource management in Germany is deeply rooted in its institutional environment. Thus, US style HRM cannot be simply transferred to the German context. Nevertheless, the German business system is not hostile to HRM principles. Rather, these practices have to be adapted to the demands and...

Neoclassical economics assumes that provision for the future is simply a matter of the will to save enough of one's current income. However, saving requires the availability of a secure instrument. Historically, the availability of such instruments has always been a problem. The social security...

The article presents an empirical study of the legitimation of the market economy in the public sphere and examines whether criticism of the market economy has increased as a result of the euro crisis. The research results support the hypothesis of a transformation of the legitimacy basis for...

Walter Eucken gilt als einer der bedeutendsten deutschen Wirtschaftswissenschaftler, der unter anderem die Freiburger Schule gründete und damit einen wesentlichen Einfluß auf die Entstehung der Sozialen Marktwirtschaft hatte. Haben sich Euckens Handlungsanweisungen an den Staat aber als...