We report estimates of long-run and short-run money demand functions in Italy over the period 1861-1980 which are robust in terms of passing a range of diagnostic tests and exhibit a fairly high degree of parameter stability. The results are comparable to those of previous analysis of long-run...

The present article provides new evidence on the impact of the change in the high-tech export share on economic growth in OECD countries. We estimate a dynamic growth model on panel data for 22 OECD countries for 1980-2004, in which the data is measured as 5-year averages. Using the system GMM...

In this article, we investigate the characteristics of nonagricultural self-employment (SE) among university graduates in Austria. Probit regressions based on 380 000 observations from the country's 2001 population census indicate that the probability of choosing SE rises significantly with age....

Between 1993 and 1995, the majority of German firms in services introduced new organizational practices (OC), in particular total quality management systems, certified ISO 9000, lean administration, flatter hierarchies, delegation of authority and ICT-enabled organizational changes. This paper...