Summary The rise of the East-German economy in the 1950s and 1960s and its decline in the 1970s and 1980s is difficult to explain by neoclassical economics. However; the observed life cycle may be explained by the inclusion of concepts from old and new institutional economics and from functional...

Zusammenfassung Der Beitrag analysiert die Entstehung und Ausgestaltung der leistungsorientierten Hochschulfinanzierung in Baden-Württemberg aus ökonomischer, politischer und statistischer Perspektive. Dazu wird die verbale Vereinbarung des Finanzierungsmodells, die 1999 zwischen Ministerium...

Since the mid-1990s college tuition costs have risen quickly while the rate of increase in the value of education has slowed considerably. Cecilia Rouse and Lisa Barrow explore the reasons and ask if college remains a good investment.

Summary This paper surveys the empirical evidence on causal effects of education on earnings for Germany and compares alternative studies in the light of their underlying identifying assumptions. We work out the different assumptions taken by various studies, which lead to rather different...

Purpose – The purpose of this paper is to estimate the return to multiple language usage in the workplace. Design/methodology/approach – This article aims to estimate the effect that using an additional language at work has on earnings for a sample of workers in the European Community...

Purpose The purpose of this paper is to get deeper insight into the measurement of gender wage gap. A proper method to identify which part of gender wage differences is due to discrimination against women is provided, and the relationship between wage differences and education is studied....

Zusammenfassung Dieser Beitrag stellt den geltenden Kündigungsschutzregelungen einen institutionenökonomisch fundierten Entwurf gegenüber, nach dem sich Schutzbedürftigkeit nicht an der Arbeitnehmereigenschaft per se, sondern am Ausmaß der versunkenen Kosten orientiert. Hieraus resultiert...

Purpose – The purpose of this paper is to set forth seven broad recommendations and 15 specific initiatives within a four-dimensional framework for the development of social capital in Islamic finance, particularly the stock market, given its role as the first best means of risk sharing....

Purpose – The purpose of this paper is to examine the financial aspects of high vs low-ranked firms in the Corporate Responsibility Index in Egypt, and to construct a Z -score model to discriminate between high- and low-ranked firms in the Corporate Responsibility Index....

Purpose The purpose of this paper is to focus on the role of students’ cultural background in explaining their academic performance. Design/methodology/approach The paper aims at achieving the research objective with the use of questionnaires and structural equation modelling (SEM). Findings...