Considerable demand for research on evaluation of labor market policy measures: The example of pick up effects with respect to structural adjustment measures for East German enterprises
Hilmar Schneider, Birgit Schultz
Wirtschaft im Wandel,
No. 1,
2001
Abstract
Obwohl beträchtliche Mittel in die aktive Arbeitsmarktpolitik fließen, fehlt es bislang an einer systematischen Evaluierung der arbeitsmarktpolitischen Instrumente. Dies liegt primär an der Unzugänglichkeit geeigneter Daten. Am Beispiel der Mitnahmeeffekte bei Strukturanpassungsmaßnahmen für ostdeutsche Wirtschaftsunternehmen werden exemplarisch die Probleme aufgezeigt, die aus der prekären Datenlage entstehen.
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Employment in Germany´s environmental sector. An empirical analysis based on the IAB company panel
Jens Horbach, Uwe Blien, Michael von Hauff
IWH Discussion Papers,
No. 132,
2001
Abstract
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Multiple active labor market policy participation in East Germany. An assessment of outcomes
Annette Bergemann, Bernd Fitzenberger, Birgit Schultz, Stefan Speckesser
IWH Discussion Papers,
No. 123,
2000
Abstract
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Efficiency of qualification and job creating measures in East Germany
Annette Bergemann, Birgit Schultz
Wirtschaft im Wandel,
No. 9,
2000
Abstract
In diesem Beitrag werden Arbeitsbeschaffungsmaßnahmen und Maßnahmen der beruflichen Weiterbildung in Ostdeutschland mit Hilfe des Matchingverfahrens evaluiert.
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Relationship Lending within a Bank-Based System: Evidence from European Small Business Data
Hans Degryse, Patrick Van Cayseele
Journal of Financial Intermediation,
No. 1,
2000
Abstract
We investigate relationship lending using detailed contract information from nearly 18,000 bank loans to small Belgian firms operating within the continental European bank-based system. Specifically, we investigate the impact of different measures of relationship strength on price and nonprice terms of the loan contract. We test for the possibility of rent shifting by banks. The evidence shows two opposing effects. On the one hand, the loan rate increases with the duration of a bank–firm relationship. On the other hand, the scope of a relationship, defined as the purchase of other information-sensitive products from a bank, decreases the loan's interest rate substantially. Relationship duration and scope thus have opposite effects on loan rates, with the latter being more important. We also find that the collateral requirement is decreasing in the duration of the relationship and increasing in its scope.
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The Total Cost of Trading Belgian Shares: Brussels versus London
Hans Degryse
Journal of Banking and Finance,
No. 9,
1999
Abstract
Since 1990, London’s SEAQ International (SEAQ-I) has attracted considerable trading volume in Belgian equities. This paper investigates competition between the Brussels CATS market and London’s SEAQ-I. Toward this end, we gathered extensive limit order book data as well as transactions and quotation information. With regard to liquidity (indirect costs), measured by the quoted and effective bid–ask spread, the paper concludes that CATS outperforms SEAQ International for both measures. The effective spread is of course substantially smaller than the quoted spread, with the CATS effective spread showing a U-shaped form. This paper, unique in employing an extensive data set that includes all hidden orders and the whole limit order book, produces results in line with the different market microstructure models. Total trading costs on CATS are lower (higher) for small (large) trade sizes.
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Measuring EMU potential output using a multivariate Beveridge-Nelson-Decomposition
Christian Schumacher
IWH Discussion Papers,
No. 98,
1999
Abstract
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The Effect of Expected Effective Corporate Tax Rates on Incremental Financing Decisions
Reint E. Gropp
IMF Staff Papers,
No. 4,
1997
Abstract
This paper uses U.S. panel data to estimate the effect of expected effective corporate tax rates on the amount of debt issued by firms. The paper directly estimates expected corporate tax rates using rational expectations. The estimated measures of expected effective tax rates of firms are related to a continuous measure of incremental debt financing. The paper finds that expected effective tax rates are significantly and positively related to a higher level of debt financing. Simulations suggest that debt issues would double if firms were unable to shield profits and actually faced the statutory tax rate.
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Cost comparison of job creating measures – Unemployment from the perspective of public authorities
Birgit Schultz
Wirtschaft im Wandel,
No. 16,
1997
Abstract
In dem Beitrag wird untersucht, welche Mehrkosten bei der Durchführung von ABM im Vergleich zur Arbeitslosigkeit auftreten.
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Do promotion incentives contradict qualification objectives of employment creating measures?
Birgit Schultz
Wirtschaft im Wandel,
No. 8,
1997
Abstract
In dem Beitrag wird untersucht, welche Auswirkungen die Förderkonditionen auf die Arbeitsintensität in den AB-Maßnahmen haben.
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