Frontmatter -- Vorwort -- Übersicht -- Inhalt -- Verzeichnis der Tabellen und Abbildungen -- Beschäftigungswirkungen moderner Technologien -- TEIL I. BETRIEBSEBENE -- Der Kontext entscheidet: Wirkungen des Einsatzes computergestützter Techniken in Industriebetrieben -- Diffusion neuer...

The Lemons model assumes that owners of used cars have an informational advantage over potential buyers with respect to the quality of their vehicles. Owners of bad cars will try to sell them to unsuspecting buyers while owners of good cars will hold on to theirs. Consequently, the quality of...

The lemons model assumes that owners of used cars have an information advantage over potential buyers with respect to the quality of their vehicles. Owners of bad cars try to sell them to ill-informed buyers while owners of good cars hold on to theirs. Consequently, the quality of traded...

This paper investigates the impact of the monetary policy change of the Swiss National Bank (SNB) in 1999 on the Swiss labor market on the basis of a Phillips relationship. Theoretical considerations as well as previous empirical work suggest that the SNB's shift to a more inflation-targeted...

The lemons model assumes that owners of used cars have an informational advantage over potential buyers with respect to the quality of their vehicles. Owners of bad cars will try to sell them to unsuspecting buyers while owners of good cars will hold on to theirs. Consequently, the quality of...

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This paper investigates the role that discrimination plays in the educational marginalizationof foreign youth commonly observed in European countries with a long guestworkertradition. Economic theory offers two basic explanations for discrimination ofthis form: taste-based discrimination arising...

This study extends the work of SHELDON (1995) to banks outside of Switzerland. The results confirm the previous finding that capital-to-assets ratios are a poor guide to the soundness of a bank. This finding implies that capital adequacy rules that do not correctly reflect the risks that banks...

The paper presents an alternative to the capital adequacy requirements proposed by the Basle Committee on Banking Supervision. Akin to the value-at-risk method, the alternative approach envisages national supervisory authorities setting a maximum risk of insolvency that no bank would be allowed...

The lemons model assumes that owners of used cars have an informational advantage over potential buyers with respect to the quality of their vehicles. Owners of bad cars will try to sell them to unsuspecting buyers while owners of good cars will hold on to theirs. Consequently, the quality of...