The mutual funds' returns, inter alia, are dependent on fund managers' performance. This makes human capital efficiency very central for consistent risk-adjusted performance. The persistence in performance becomes more critical during periods of high turbulence, like the one we are experiencing...

This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021. It finds that the COVID-19 crisis temporarily slowed convergence but the estimated negative impact is significantly smaller than during the global financial crisis. Diverging...

Im Rahmen der Personalleiterbefragung werden vierteljährlich bis zu 1 000 Personalleiter zu aktuellen Themen befragt. Die Sonderfragen der Befragung im dritten Quartal 2020 bezogen sich auf die Ausbildungssituation der Unternehmen. Die Situation während der Corona-Pandemie hat dazu geführt,...

During the recovery, investing in gender equality is essential: it will lead directly to higher GDP and indirectly to increase human capital and promote a sustainable society. Or Women as economic agents may themselves have an impact on policies: the changing role of women in families and...

Political polarization, meaning sharp differences in the political ideologies and preferences of the partisans of different parties, implies that members of one party are more likely to dismiss the policies and recommendations of spokesmen and appointees of the other party on the grounds that...