Arbeitsplatzrelevantes Wissen und Können haben aus einzel- und gesamtwirtschaftlicher Sicht eine große Bedeutung. Da es sich aufgrund inter- und intrasektoraler Prozesse stetig verändert, müssen die Beschäftigten regelmäßig an Weiterbildungsmaßnahmen teilnehmen. Verschiedene Erhebungen...

This paper proposes a new effect of firing costs on firms'' behavior that builds from firms'' demand for liquidity. When a time gap exists between production and its associated revenues, firing can become a liquidity adjustment tool that allows firms to increase their short-term liquidity. I...

This paper reviews how recent studies of banking crises differ with regard to the dating, length, and costs of the crises. Significant discrepancies in these features suggest the absence of analytical consensus. The data allow an examination of the relation between perceived crisis length, as an...

Effective public investment requires governments to address the "recurrent cost problem" to ensure operations and maintenance (O&M) expenditures are sufficient to sustain the flow of productive public capital services to private factors of production. Building on the model of Buffie et al...