This project investigates the short-term to medium-term predictability of stock market excess returns from an empirical point of view. Empirical evidence on predictability of market excess returns implies that…
This project analyzes the network externalities present in the Internet and the effect these externalities have on the interconnection incentives of competing Internet Service Providers (ISPs). The Internet is a…
The European Commission had assessed the national allocation plans of Member States for a European Emissions Trading System (EU ETS). In this situation the impact of emissions trading on competitiveness and jobs…
The project analysed the performance of an investment strategy which is based on differences between forward rates and money market interest rates. In particular, the project aimed to investigate the stability of…
The focus of this research project is to scan a wide range of policy scenarios as to their relevance for the European Sustainable Development Strategy in view of Extended Impact Assessment. Embedded in the…
The process of Impact Assessment (IA) aims to improve the effectiveness and efficiency of regulation by providing policy makers with information on likely costs and benefits, stimulating early interdepartmental…
This project intends to measure the effects of health care policies and the need for health care of one of the spouses on the intra-household allocation of resources. Our analysis is based on a micro-economic…
In its study from 2001 the European Commission highlighted the main tax obstacles to cross border business activities in the European Union which hamper companies from exploiting the full benefits of the…
The EU enlargement with ten new Member States considerably widens the Internal Market and opens it to participants with very different levels of economic development. In this context, this study analyses the…
In this project the technology of skill formation in early childhood has been investigated. It was the aim to integrate recent findings from childhood research (neuroscience, developmental psychology) into…
The Integrated Employment Biographies (IEB), provided by the IAB, can be supposed to become one of the most important data sources for labour market research in Germany: The IEB link process data information of…
In order to stimulate the competitiveness the EU council invoked the Lisbon-Process. In addition, the crucial importance of R&D for future competitiveness is highlighted by the Barcelona objectives which hold that…