The Research Data Centre of the Halle Institute for Economic Research – Member of the Leibniz Association FDZ-IWH
Jahrbücher für Nationalökonomie und Statistik,
The Halle Institute for Economic Research (IWH) was founded in 1992 and operates three research departments: Macroeconomics, Financial Markets, and Structural Change and Productivity. The IWH’s research structure is designed to foster close interplay between micro and macroeconomic research, however it has its roots in the empirical research conducted on the transition from a planned to a market economy, with a particular focus on East Germany.
Study programme The course programme is a structured curriculum that provides...
East Germany Rearguard Only investments in education will lead to a further catch-up ...
Overview, Contact and Opening Hours
Library The IWH scientific library is specialized in economics, corresponding to...
Decision-making Power in Foreign Subsidiaries and Its Effect on Financial Constraints: An Analysis for Selected European Transition Economies on the Basis of the IWH FDI Micro Database 2013
Eastern European Economics,
This article analyzes whether the distribution of decision-making power between the headquarters and foreign subsidiaries of multinational enterprises (MNEs) affects the foreign affiliates’ financial constraints. The findings show that not much decision-making power has as yet been moved from headquarters to foreign subsidiaries in European post-transition economies. The high concentration of decision-making power within the MNE’s subsidiary points toward higher financial constraints. However, a nonlinear effect is found, which suggests that financial constraints within the subsidiary only increase with more decision-making power when the power granted to the subsidiary is at a low level. For subsidiaries that already have autonomy in decision-making, granting more power in this regard has no effect on financial constraints.
About the CIA and a glass of red wine ... Professor Dr Udo Ludwig on the...
IWH Construction Survey
IWH Construction Survey From 1993 until the first quarter of 2017, the IWH...
Management Buyouts in Eastern Germany ...
FDI Micro Database
IWH FDI Micro Database The IWH FDI Micro Database (FDI = Foreign Direct...