This study investigates how U.S. presidential political leadership affects financial market performance at the sector level, offering a novel contribution to the literature that has largely focused on aggregate market indices. While prior research documents partisan effects on overall stock...

Seit 2020 berechnet das Institut der deutschen Wirtschaft (IW) die Zahl der in Deutschland fehlenden Fachkräfte auf Basis einer eigens dafür entwickelten Methodik (Burstedde et al., 2020). Sie ermöglicht eine Bestimmung des Fachkräftebedarfs in den 1.300 Berufsgattungen. Eine Bestimmung der...

This working paper provides a comprehensive overview of Europe's cleantech innovation landscape, highlighting both the sector's substantial maturity and the key challenges holding back the scale-up of clean technologies. It distils insights from four interlinked research studies - mapping the...

It is well established that job displacement leads to large and persistent earnings losses, but the reasons for these long-term losses remain unclear. A leading theory ties earnings losses to the demand laid-off workers face for their industry-specific human capital, yet evidence in support of...

The empirical migration literature often identifies the labor market effects of immigration using exogenous variation of migration concentration across sectors. However, this approach differences out macroeconomic effects which occur in all sectors. We apply macroeconomic time series methods to...

The empirical migration literature often identifies the labor market effects of immi- gration using exogenous variation of migration concentration across sectors or regions. However, this approach differences out macroeconomic effects which occur in all sec- tors. In this paper we apply...

This study examines the impact of AI exposure on industries in South Korea and the United States from 2019 to 2022, using the AI Industry Exposure (AIIE) index developed by Felten et al. (2021). In South Korea, AI exposure is positively associated with employment but negatively associated with...

US President Donald Trump has recently announced that tariffs on US imports from Canada and Mexico will take effect on March 4, 2025. This policy brief shows that the US tariffs would have a large impact on the North American neighbors. In the event of retaliation, all sectors of the economy...

Tarifliche Branchenmindestlöhne definieren Lohnuntergrenzen, die von allen Betrieben einer Branche eingehalten werden müssen, unabhängig davon, ob sie tarifgebunden sind oder nicht. In Ergänzung zum gesetzlichen Mindestlohn haben die Branchenmindestlöhne eine wichtige Funktion zur...

Wenngleich den Weihnachtstagen oftmals Wünsche für eine besinnliche Zeit vorausgehen, ähnelt der Advent heutzutage oftmals einem Endspurt, in dem sichergestellt werden soll, dass noch in diesem Jahr Verträge unter Dach und Fach gebracht, Projekte fertiggestellt und Weihnachtswaren abverkauft...

Der Finanzsektor erbringt ein breites Spektrum an Finanzdienstleistungen, das über die inländische Grundversorgung hinaus geht. In der Schweiz haben sich international bedeutende Hubs für die grenzüberschreitende Vermögensverwaltung und die Rückversicherung etabliert. Im Jahr 2024 machten...

Background The ageing of the population impacts all areas and is also a challenge for human resources management. To solve this issue, age management practices are used in organisations. To get the best potential out of everyone, this concept should not only involve older employees but should be...

New economic geography in a wide range of industrial theories explains why certain activities agglomerate in a certain region through the benefits of innovation activities. However, positive external economies of innovation have been less investigated in empirical studies. This study...

The 2024 edition of 'The EU Industrial R&D Investment Scoreboard' in its 21st year, continues to monitor and analyse industrial research and development (R&D) investment trends in the context of the EU's 3% of GDP R&D investment policy target, which is a key indicator of the EU's long-term...

The 2024 edition of 'The EU Industrial R&D Investment Scoreboard' in its 21st year, continues to monitor and analyse industrial research and development (R&D) investment trends in the context of the EU's 3% of GDP R&D investment policy target, which is a key indicator of the EU's long-term...

We study the effects of overlapping identities on wage gaps, focusing on the intersectional effects of gender and race in the US. The extant theoretical and empirical literature argues that this overlap should cause intersectional discrimination, i.e., multiply marginalised groups suffer from a...

The development accounting literature assumes that sector labor income shares and output per person across countries are not correlated. In this paper, I show that the data reject this assumption for a large set of countries. The labor shares in the manufacturing and the market-services sectors...

Foreign direct investment (FDI) plays an essential role in growing the economy, where this role runs through two things, namely capital accumulation and technology transfer. However, in the literature, previous research findings are still inconclusive to show positive contributions of FDI on...

This paper sought to establish the linkages between bank performance and real sector productivity. We use data for five East African countries (Ethiopia, Kenya, Rwanda, Tanzania, and Uganda) for the period 2014-2022. We initially deploy the traditional panel fixed effects regression and...