In Teamsportarten ist häufig die Tendenz zu beobachten, dass Spieler gleicher oder ähnlicher Qualität sich in einem Team clustern. Basierend auf der O-Ring-Theorie von KREMER (1993) wird ein ZIDANE-Clustering-Theorem abgeleitet und damit eine theoretische Begründung für das empirische...

The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption and improve the fiscal system. A monetary union,...

Power production from renewable energies is supported through special support schemes in almost all industrialised countries. This is because they are generally not competitive today although their use offers a number of benefits that are not considered by energy markets. These support schemes...

Using a unique data set from the Czech Republic for 1994-2003, this study examines the relationship between a firm's liquidity constraints and its supply linkages with multinational corporations (MNCs). The empirical analysis indicates that Czech firms supplying MNCs are less credit constrained...

One of the major challenges of empirical tax research is the identification and calculation of appropriate tax data. While there is consensus that average marginal tax rates are most suitable for studying the effects of tax policy on economic growth, due to data limitations the calculation of...

The paper contributes to the ongoing debate about the adequate technique to identify the impact of immigration. Initially the regression analysis on the basis of education-experience cells reveals that the impact of immigration on native wages in Germany is negative, but small. The subsequent...

This paper models transfers outside the household for both the Canadian- born and foreign-born Canadian populations in a traditional expenditure framework with an unique composition of goods to illustrate the special motivations to remit by immigrants. We theorise that remittances to persons...

This article is a continuation of two essays by the same author on Soviet/Russian economic debates between 1987 and 2002 published in Europe-Asia Studies in 2006 and 2007, so now the series of articles covers 20 years of Soviet/Russian discussions on economic reforms. Should Russia strive to...

Energy efficiency is a CDM project type that suffers from high methodology rejection rates. 43 baseline and monitoring methodologies for CDM energy efficiency projects are analyzed with respect to reasons for approval / rejection by the CDM Executive Board. Most methodologies have been rejected...

Regional labor markets are characterized by huge disparities. The literature on the wage curve argues that there exists a negative relationship between unemployment and wages. However, this literature cannot explain how disparities of these variables between regions endogenously arise. In...