Using a fixed-effects panel data approach, FDI flows of 22 OECD countries are explained by gravity equations over the period 1991-2001. It is distinguished between all available observations, Intra-EU25 observations only, and observations not belonging to the EU25 area in order to control for...

Using a fixed-effects panel data approach, FDI flows of 22 OECD countriesare explained by gravity equations over the period 1991-2001. It isdistinguished between all available observations, Intra-EU25 observationsonly, and observations not belonging to the EU25 area in order to controlfor...

Using a fixed-effects panel data approach, FDI flows of 22 OECD countries are explained by gravity equations over the period 1991-2001. It is distinguished between all available observations, Intra-EU25 observations only, and observations not belonging to the EU25 area in order to control for...

Efficiency wage effects of profit sharing are combined with option values related to stochastic future pofit variations. These option effects occur if the workers' profit share is fixed by long-term contracts. The Pareto-improving optimal level of the sharing ratio is calculated for two...

Over the years Russia has become one of the most important partners of the European Union. Due to this fact a more democratic and modern Russia would have great benefits for the EU and might contribute to the stabilization of the European continent. But existing problems like terrorism,...