We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...

Researchers in Germany have nowadays access to confidential micro data compiled from official statistics in a way that could not have been dreamt of just a few years ago. This paper describes the new institutions that grant data access - most importantly the research data centers located inside...

Reasearches in Germany have nowadays access to confidential micro data compiled from official statistics ina way that could have been dreamt of just few years ago. This paper describes the new institutions that grant data access - mots importantly the research data centers located inside the...