This paper analyzes empirically the effects of innovation on employment at the firm level using a uniquely long panel dataset of German manufacturing firms. The overall effect of innovations on employment often remains unclear in theoretical contributions due to reverse effects. We distinguish...

This paper presents a micro data approach to the identification of credit crunches. Using a survey among German firms which regularly queries the firms' assessment of the current willingness of banks to extend credit we estimate the probability of a restrictive credit supply policy by time...

Das Papier analysiert die Auswirkungen von Signalen über das erreichte Bildungsniveau von (Spät-)Aussiedlern und 'übrigen Deutschen'. Die Analyse beruht auf der Sorting-Theorie mit produktivitätserhöhenden Effekten der Bildung. Aus dieser theoretischen Analyse folgen vier Hypothesen,...