Tarifliche Branchenmindestlöhne definieren Lohnuntergrenzen, die von allen Betrieben einer Branche eingehalten werden müssen, unabhängig davon, ob sie tarifgebunden sind oder nicht. In Ergänzung zum gesetzlichen Mindestlohn haben die Branchenmindestlöhne eine wichtige Funktion zur...

US President Donald Trump has recently announced that tariffs on US imports from Canada and Mexico will take effect on March 4, 2025. This policy brief shows that the US tariffs would have a large impact on the North American neighbors. In the event of retaliation, all sectors of the economy...

The 2024 edition of 'The EU Industrial R&D Investment Scoreboard' in its 21st year, continues to monitor and analyse industrial research and development (R&D) investment trends in the context of the EU's 3% of GDP R&D investment policy target, which is a key indicator of the EU's long-term...

The 2024 edition of 'The EU Industrial R&D Investment Scoreboard' in its 21st year, continues to monitor and analyse industrial research and development (R&D) investment trends in the context of the EU's 3% of GDP R&D investment policy target, which is a key indicator of the EU's long-term...

New economic geography in a wide range of industrial theories explains why certain activities agglomerate in a certain region through the benefits of innovation activities. However, positive external economies of innovation have been less investigated in empirical studies. This study...

Foreign direct investment (FDI) plays an essential role in growing the economy, where this role runs through two things, namely capital accumulation and technology transfer. However, in the literature, previous research findings are still inconclusive to show positive contributions of FDI on...

The development accounting literature assumes that sector labor income shares and output per person across countries are not correlated. In this paper, I show that the data reject this assumption for a large set of countries. The labor shares in the manufacturing and the market-services sectors...

This paper sought to establish the linkages between bank performance and real sector productivity. We use data for five East African countries (Ethiopia, Kenya, Rwanda, Tanzania, and Uganda) for the period 2014-2022. We initially deploy the traditional panel fixed effects regression and...

We study the effects of overlapping identities on wage gaps, focusing on the intersectional effects of gender and race in the US. The extant theoretical and empirical literature argues that this overlap should cause intersectional discrimination, i.e., multiply marginalised groups suffer from a...

Background The ageing of the population impacts all areas and is also a challenge for human resources management. To solve this issue, age management practices are used in organisations. To get the best potential out of everyone, this concept should not only involve older employees but should be...

Die import- und exportseitige Abhängigkeit deutscher Industriebranchen von China auf der Vorleistungsebene wird hier mit einer Auswertung der internationalen Input-Output-Tabellen von FIGARO (Full International and Global Accounts for Research in Input-Output Analysis) ermittelt, die von...

We investigate the spillover effect of volatility among China’s stock market sectors by utilizing a volatility spillover index based on the time-varying parameter vector autoregressive (TVP-VAR) model. Our results reveal a high and time-varying volatility spillover effect among sectors, with...

This paper employs computational linguistics to introduce a novel text-based measure of firm-level cyber risk exposure based on quarterly earnings conference calls of listed firms. Our quarterly measures are available for more than 13,000 firms from 85 countries over 2002-2021. We document that...

Die Umgestaltung der Stromnetze im Zuge der Energiewende erfordert den Ausbau lokaler und regionaler Netze sowie die Digitalisierung von Prozessen, basierend auf Daten, um erneuerbare Energien zu integrieren und den Anschluss von Verbrauchern wie Elektrofahrzeugen und Wärmepumpen zu...

Understanding sectoral dynamic dependence across equity indexes is crucial for investment decisions and designing economic policy. This study examines the sectoral dependence among 82 Pakistani companies using a vine copula approach and daily data from July 1, 2014, to December 17, 2019. Vine...

We propose a new empirical framework that jointly decomposes the conditional variance of economic time series into a common and a sector-specific uncertainty component. We apply our framework to a large dataset of disaggregated industrial production series for the US economy. Our results...

This study examined the impact of the COVID-19 pandemic on bank lending across various sectors in Kenya. Using a multivariate Vector Autoregressive (VAR) model within a time series data framework, the study established the existence of both direct and indirect COVID induced shocks on credit...