Accessibility to knowledge and local service markets can be assumed to explain regional growth performance. The role of regional supply of services and educated labour with respect to regional development are stressed by many researchers. In this paper we make an empirical analysis using panel...

This empirical study investigates the effect of the German disability law on employment dynamics, using data on all employers affected from the Federal Labour Office and data from the IAB Establishment Panel. The data allow us to analyze the second threshold of this law which stated (in our...

The efficiency of market-determined risk classification in automobile insurance is a lasting matter of controversy. It can be traced back to the 1950s (Muir, 1957) and received broad economic attention in the 1980s when spiralling car insurance premiums in the US were blamed on tariff...

Mikroökonometrische Studien mit Firmendaten aus vielen Ländern zeigen, dass exportierende Firmen eine höhere Produktivität aufweisen als Firmen, die lediglich den jeweiligen Binnenmarkt ihres Sitzlandes beliefern, und dass es einen Selbstselektionsprozess der produktiveren Firmen auf...

We observe that information externalities arise in sequential equilibrium of the chain store game such that the amount of reputation building among partners differs from that among strangers. No matching effects are predicted for the trust game. Our experiment confirms the qualitative chain...