Showing 1 - 10 of 779
Persistent link: https://www.econbiz.de/10001701757
A growing literature investigates how firms' innovation input reacts to changes in the business cycle. However, so far there is no evidence whether there is cyclicality in the effects of innovation on firm performance as well. In this paper, we investigate the employment effects of innovations...
Persistent link: https://www.econbiz.de/10011563081
This paper attempts to assess the Europe-wide systemic risk in banking. We employ a bivariate GARCH model to estimate … interdependencies amongst the banking business in Europe and hence for the systemic risk potential. We employ several tests to assess …
Persistent link: https://www.econbiz.de/10011448270
This paper assesses the consequences of EU enlargement for East West migration. In the theoretical part, we identify several factors in addition to the reduction of moving costs by which EU membership influences migration. Specifically, EU accession affects income gaps. Moreover, if EU...
Persistent link: https://www.econbiz.de/10011443914
. This paper provides a critical review of recent econometric work on the determinants and impacts of training in Europe …
Persistent link: https://www.econbiz.de/10011444703
Based on a structural model of fertility and female labour force supply with unobserved heterogeneity and state … generous earnings-related transfer. The model predicts a short-term fertility effect of about 4%, which is consistent with … recent quasi-experimental evidence. The fertility effect is strongest for first births and increases with income. We use the …
Persistent link: https://www.econbiz.de/10010416349
Concerns have been raised that demographic ageing may weaken the competitiveness of knowledge-based economies and increase regional disparities. The age-creativity link is however far from clear at the aggregate level. Contributing to this debate, we estimate the causal effect of the workforce...
Persistent link: https://www.econbiz.de/10010384982
interpret the estimation results for start-ups in knowledge intensive sectors in a reliable way. The remaining firms serve as a …
Persistent link: https://www.econbiz.de/10011442644
In the context of EMU fiscal equalization schemes have been proposed as a means to stabilize regions against asymmetric shocks. A theoretical analysis shows that besides reducing the cross-sectional income variance the redistributive element of fiscal equalization causes incentive effects for...
Persistent link: https://www.econbiz.de/10011442662
investors ; governmental venture capital investors ; syndication ; biotech and pharmaceutical companies ; Europe …
Persistent link: https://www.econbiz.de/10009510109