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...

We analyze the determinants of match attendance in the German premier football league ("Fußballbundesliga") in the seasons 2001/02 to 2004/05, i.e. for 1,224 matches. For that purpose, we specify an econometric model which takes the capacity constraint of each stadium and heteroskedasticity...

The concept of the "employment threshold" plays an important role in the public discussion of unemployment. The employment threshol d is defined as that growth rate of output which is necessary to keep employment constant despite the continuous rise in labour productivity. It is related to the...

Since the nineties German enterprises have significantly expanded their direct investments in the industrialised countries. They preferred business locations with higer economic growth and lower labour costs compared to Germany. The geographic distance, the development of German exports into the...

This paper analyses the effects of education signals for Ethnic Germans and Germans without a migration background (“Native Germans”). We base our analysis on a sorting model with productivity enhancing effects of education. We compare whether the signalling value differs between the...

We examine the economic and social determinants of suicide mortality in a panel of 25 OECD countries over the period 1970 - 2011 and explicitly analyze the effects of unemployment and labor market institutions on suicide rates. In line with a large body of literature, our results suggest that...

We examine the economic and social determinants of suicide mortality in a panel of 25 OECD countries over the period 1970 - 2011 and explicitly analyze the effects of unemployment and labor market institutions on suicide rates. In line with a large body of literature our results suggest that...

Der vorliegende Beitrag stellt Ergebnisse von mikroökonometrischen Untersuchungen vor, die mit Daten des ifo Unternehmenspanels durchgeführt wurden und Beschäftigungswirkungen von Produkt- und Prozeßinnovationen empirisch belegen. Die Studie kommt zu dem Ergebnis, daß von...

Für Unternehmen kann die Analyse von Credit Spreads, d.h. der Differenz zwischen den Renditen von Unternehmensanleihen und laufzeitäquivalenten risikolosen Anlagen, nützliche Informationen erbringen, da sich Veränderungen im Credit Spread auf ihre Finanzierungskonditionen auswirkt. Prof. Dr....