We analyze the decision to announce an open market share repurchase and the share price reaction to the announcement. We use a conditional estimation approach which takes into account that the repurchase decision is made rationally and that, consequently, there is a potential selection bias....

We investigate the relationship between gender and foreign language anxiety (FLA) in the second language (L2: English) of 320 adult bilinguals (L1: Dutch) outside the foreign language learning context. Results show that females experience higher levels of FLA. The association between gender and...

Concepts of new school governance did considerably change the role and responsibilities of school principals. Due to the shift in their role from administrator to manager, recent research tends to focus on management activity, but little is still known about the interrelation between changing...

For our international comparative research on the impact of institutions on economic trends, we put together the Schumpeter School International Comparative Institutions Database. The database comprises the panel data set on various indicators of employment, inequality and labor market...

This paper investigates an intergenerational conflict arising from renewable energy support (RES). Using a simple polito-economic overlapping generations (OLG) model, it can be shown that old individuals unambiguously lose from renewable energy support and therefore vote for its minimum level....

Based on the example of the automotive sector the paper investigates some quantity and quality aspects of FDI-driven upgrading and analyzes in a comparative perspective – with the help of industry level data – selected aspects of competitiveness in Central and Eastern Europe. The first group...

This paper gives an introduction to regional clustering tendencies of Hungarian automotive and ICT sectors. Regional concentration patterns of these two sectors are shown using various measures (number of firms, number of employees, value added, and export). Regional location quotient is also...

The rational expectations hypothesis (REH) is based on two assumptions. The first is that, economic agents learn through experience how to avoid systematic errors. The second is that these errors are identified with reference to a model. Imperfect information may lead economic agents to...

This paper adds to the literature on extracurricular early childhood education and child development by exploiting unique data on an educational project in Germany, the Junior University (JU). Utilizing a quasi-experimental study design, we estimate the causal short-term effect of JU enrollment...

This paper investigates whether the ‘big tradeoff’ between efficiency and inequality exists, and analyzes empirically the relationship between inequality, redistribution, and employment/unemployment. The analysis is based on a cross-country longitudinal data set (panel data) of 21 OECD...