Summary We study the response of the German stock market index DAX to the announcement of macroeconomic business cycle forecasts. Returns are computed using high-frequency data observed for 15-second intervals. Publications of macroeconomic US indicators at 2:30 p.m. (CET) have temporary and...

We study the response of the German stock market index DAX to the announcement of macroeconomic business cycle forecasts. Retunrs are computed using high-frequency data observed for 15-second intervals. Publications of macroeconomic US indicators at 2:30 p.m. (CET) have temporary and opening of...

Over the past few decades, control and governance in global commodity chains and global production networks (GPNs) have been intensively debated in geography. This paper contributes to this discussion by empirically focusing on globalized wine production. It does so by analyzing processes of...

This book is a guide to how financial steering is designed, measured and implemented with a special focus on the energy industry. The authors offer an overview of and practical insights into the links between financial steering and accounting, and the temporary cycles of investment, divestment,...

After the September 11 event in the United States, some Muslim destinations faced a severe decline in tourist arrivals because of the so-called neighborhood effect. Concurrently, other destinations performed extremely well. This chapter addresses the question of how the emergence of inconsistent...

Zusammenfassung Die Analyse von Paneldaten für Deutschland und Portugal und die Schätzung von Matching- Funktionen für Berufsgruppen zeigt in Deutschland eine fallende und in Portugal eine steigende Effizienz des Matching-Prozesses. Löhne in Deutschland und Mindestlöhne in Portugal sind...

Summary In this paper data from a survey of 1,771 inmates conducted in 31 German prisons provide microeconometric evidence on the relationship between individual anticipated labour market opportunities and the perceived probability of future recidivism. Results show that inmates with poor labour...