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Empirical analyses of economic inequality, poverty, and mobility in Germany are, to an increas-ing extent, using … microdata from the German Federal Statistical Office's contribution to the European Union Statistics on Income and Living … from the German Survey of Income and Expenditure (EVS), the present paper compares EU-SILC-based results about income …
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This paper investigates the link between the optimal level of non-financial firms' leverage and macroeconomic uncertainty. We develop a structural model of a firm's value maximization problem that predicts that as macroeconomic uncertainty increases the firm will decrease its optimal level of...
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Viele Fragen rund um den Brexit sind weiterhin offen. Es kann nicht ausgeschlossen werden, dass sich Großbritannien und die Europäische Union nicht auf einen Austrittsvertrag einigen können. Dann könnte es zu einem sogenannten harten Brexit (No-Deal Brexit) kommen. Wir haben die...
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