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SUERF – The European Money and Finance Forum, the Deutsche Bundesbank and the Institute for Monetary and Financial Stability (IMFS) took the opportunity of the first anniversary of this new institution to organise a joint conference in Berlin on 8-9 November 2011. The purpose of this event was...
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innovation activities. Portuguese and German data from the harmonised Community Innovation Survey (CIS III) allow us to compare … innovation cooperation behaviour of private firms in the two countries. Using a bivariate probit model, we show that the … decision to cooperate with foreign partners. Some differences remain, however: In Germany, exporters are more likely to …
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This paper proposes a new framework for studying the effects of monetary policy on business investment. Important ambiguities with the modeling of investment dynamics and interactions between real and financial decisions suggest modeling investment spending as a VAR. Based on a panel of...
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