Showing 1 - 10 of 17,978
Throughout the period 1871-1938, the average British worker was better off than the average German worker, but there were significant differences between major sectors. For the aggregate economy, the real wage gap was about the same as the labour productivity gap, but again there were important...
Persistent link: https://www.econbiz.de/10010266982
We estimate effective spreads and round-trip transaction costs at the Berlin Stock Exchange for the period 1892-1913 using daily stock market returns for a sample of 27 stocks. Our results show that transaction costs at the main stock exchange in a bank-based financial system at the turn of the...
Persistent link: https://www.econbiz.de/10010270431
Following Max Weber, many theories have hypothesized that Protestantism should have favored economic development. With its religious heterogeneity, the Holy Roman Empire presents an ideal testing ground for this hypothesis. Using population figures of 272 cities in the years 1300–1900, I find...
Persistent link: https://www.econbiz.de/10010427659
We investigate a sample of 180 technology licensing contracts closed by German chemical, pharmaceutical, and electrical engineering companies between 1880 and 1913. Our empirical results suggest that strategic behaviour seems to be relevant for the design of licensing contracts, whereas inventor...
Persistent link: https://www.econbiz.de/10010286716
The German hyperinflation in 1923 was caused by monetary financing of the highly deficient German state budget by a de-pendent central bank. The social and economic consequences of the hyperinflation were disastrous. Combined with an instable politi-cal atmosphere, paving the way for the rise of...
Persistent link: https://www.econbiz.de/10014289958
Volkswirtschaftslehre zum wichtigsten Aufnahmeland für verfolgte und emigrierte Wissenschaftler aus Deutschland und Österreich wurden … research university was a main attractor for younger American scientists who went to Germany for (post-) graduate studies, WW I … economics. Émigré economists from Germany and Austria made major contributions to the »Americanization« of economics after WW II …
Persistent link: https://www.econbiz.de/10014492900
We study location choices and firm performance in the German machine tool industry, focusing on the forced migration of East German firms after World War II. Our analysis of location choices supports earlier findings that industry agglomerations attract further entrants. Relocating firms...
Persistent link: https://www.econbiz.de/10010263811
Was the 18th century a time period of gradual market integration? Or did the wars, famines, and criminality drive central European markets away from each other? We perform cointegration tests between four German and three Polish cities for rye markets in the 18th century, plus selected tests...
Persistent link: https://www.econbiz.de/10010305049
schon bis zur Großen Depression der 1930er Jahre zurückblicken, um in Deutschland einen ähnlich starken Einbruch der … wirtschaftliche Stagnation wie im Japan der 1990er Jahre nach dem Platzen der dortigen Immobilienblase, oder gleitet Deutschland gar … in eine Deflations-Depressions-Spirale ab? Hat das "Geschäftsmodell Deutschland", gekennzeichnet durch einen hohen …
Persistent link: https://www.econbiz.de/10011893339
Schon bei der Durchsetzung der ersten reichsweiten Tarifverträge im Buchdruckgewerbe ab 1873 deutete sich an, dass örtlich geschlossene Tarifverträge gegeneinander ausgespielt werden konnten und einer regionalen Ausweitung bedurften. Es zeigte sich aber auch, dass die Stabilität eines...
Persistent link: https://www.econbiz.de/10011633416