We estimate the effects of the reform of the German Unemployment Insurance that replaced the wage related Unemployment Assistance with an income maintenance program and stronger means testing. We model the…
We analyze financial constraints for R&D, where we account for heterogeneity among investments which has been neglected in previous literature. According to economic theory, investments should be distinguished…
Hinter der Forderung nach höherer Energieeffizienz stehen üblicherweise konkrete umwelt- und energiepolitische Ziele wie Klimaschutz, Versorgungssicherheit und Ressourcenschonung. Das vorliegende Papier…
Hybridkapital ist eine innovative Form der Unternehmensfinanzierung. Hybride Finanzinstrumente weisen Eigenschaften von sowohl Fremd- als auch Eigenkapital auf und stellen deswegen ein sehr flexibles…
The report analyses wealth and savings of private households in West German federal states (Bundesländer) with a focus on the Bundesland Baden-Württemberg.
Contributions to Edited Volumes and Conference Proceedings
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2008
The process of firms' growth - in terms of productivity or employment - is a major concern of policy makers. In this context, innovations are considered to play a crucial role in stimulating firms' performance.…
