This study analyzes portfolio recommendations of financial experts, finding significant differences in portfoliostructure depending on the experts'institutional background. The recommendations stem from a survey…
This paper analyses the link between human capital and information technology (IT) in the service production process. The analysis is based on 1994 cross-sectional data for 1929 German firms drawn from the first…
In the context of climate protection policy it has been suggested that global CO2 emissions should be reduced significantly (contraction) and that per capita emissions should gradually be equalized across…
We analyze the economic effects of the differentiated targets for carbon abatement in six European Union member states. Our recursively-dynamic model includes a detailed representation of trade and energy…
Most governments in today's market economies spend significant sums of money on labour market programmes. The declared aims of these programmes are to increase the re-employment chances of the unemployed. This…
This book investigates whether a lack of wage flexibility is at the root of the unemployment problem in West Germany. In the presence of a skill bias in labor demand, only the choice between higher wage…