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Deutschland und Österreich im Besonderen hat. Farm level adaptation to a changing economic environment is often slower than … demonstrate how the slow conversion to economic farming in general and how the different speed of conversion in Germany and … Austria in particular can be explained by the new investment theory …
Persistent link: https://www.econbiz.de/10014177452
I investigate how political uncertainty influences corporate investment decisions employing a unique panel dataset of German manufacturing firms. I use data on firms' self-reported investment realizations, plans and revisions. The firm-specific user cost of capital captures the current...
Persistent link: https://www.econbiz.de/10011539894
We investigate how tax loss offset restrictions affect an investor's evaluation of risky investments under bounded rationality. We analytically identify behavioral tax effects for different levels of loss offset restrictions, tax rate and prospect theoretical biases (loss aversion, probability...
Persistent link: https://www.econbiz.de/10011747441
uncertainty shock with respect to economies with stricter regulations. Using additional labor ow data from Germany, France and UK …
Persistent link: https://www.econbiz.de/10010399958
Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...
Persistent link: https://www.econbiz.de/10003845575
, representative German Socio-Economic Panel (SOEP). To understand the importance of nationality, we focus on emigrants to Germany. The …
Persistent link: https://www.econbiz.de/10011632881
Following the first oil crisis, France launched the world’s largest ever nuclear energy program, commissioning 58 new reactors. These reactors are now reaching 40 years of age, the end of their technological lifetime. This places France at an energy policy crossroads: should the reactors be...
Persistent link: https://www.econbiz.de/10011643870
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