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This paper analyses the link between sustainability-related innovation and sustainability performance and the role that family firms play in this. This theme is particular relevant from a European point of view given the large number of firms that are family-owned. Governments often support...
Persistent link: https://www.econbiz.de/10010263737
In this paper, we review the most common specifications of discrete-time stochastic volatility (SV) models and illustrate the major principles of corresponding Markov Chain Monte Carlo (MCMC) based statistical inference. We provide a hands-on ap proach which is easily implemented in empirical...
Persistent link: https://www.econbiz.de/10010263750
dependencies between multivariate random variables. The estimation procedure is applied to weather data in Germany. Our results …
Persistent link: https://www.econbiz.de/10010263758
Using two data sets derived from German administrative data, including a linked employer-employee data set, we investigate the cyclicality of worker and job flows. The analysis stresses the importance of two-sided labour market heterogeneity in this context, taking into account both observed and...
Persistent link: https://www.econbiz.de/10010263763
Reduziert eine IFRS-Umstellung die Informationsdefizite der Fremdkapitalgeber und somit auch die Risikoprämie von Unternehmensanleihen? Entgegen bisherigen empirischen Untersuchungen betrachten wir den Zusammenhang zwischen Offenlegung und Kapitalkosten für Fremdfinanzierung. Folglich...
Persistent link: https://www.econbiz.de/10010265666
-economic and ecological factors as explanatory variables. Germany is chosen as an indicative example for other industrialized …
Persistent link: https://www.econbiz.de/10010265667
differences between regulated occupations and unregulated occupations in East Germany to the corresponding differences in West … Germany after reunification. Consistent with our expectations, we find that entry regulation reduces entry into selfemployment … and occupational mobility after reunification more in regulated occupations in East Germany than in West Germany. Our …
Persistent link: https://www.econbiz.de/10010270705
Exporte gelten als Wachstumsmotor der deutschen Wirtschaft und werden von der Wirtschaftspolitik auf vielfältige Weise gefördert. Doch führt die Förderung der Aufnahme von Handelsbeziehungen mit dem Ausland durch Betriebe, die bislang nicht exportierten, wirklich zu einem Wachstum der...
Persistent link: https://www.econbiz.de/10010270706
The need to understand and leverage consumer-brand bonds has become critical in a marketplace characterized by increasing unpredictability, diminishing product differentiation, and heightened competitive pressure. This is especially true for fast moving consumer goods (FMCG) manufacturers and...
Persistent link: https://www.econbiz.de/10010270714
This paper examines the role of currency and banking in the German financial crisis of 1931 for both Germany and the U … crisis, while financial distress was important. We also find evidence of crisis propagation from Germany to the U.S. via the …
Persistent link: https://www.econbiz.de/10010270717