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The Kiel Canal in Germany connects ports on the Baltic Sea with the rest of the world and is the most-used artificial waterway in the world. Despite this fact, it generates a balance sheet loss. Revenues, which are mainly generated by the transit...

This paper uses firm-level survey for more than 100 countries to examine whether firms’ female managers or female owners were better at bringing innov

This paper deals with the interrelation between EMU and labour market flexibility in Euroland. It is shown that exchange rates between EU member states have - in various instances - played an important role as shock absorbers in the past, that...

The current paper deals with the labour market effects of European Monetary Union (EMU). We compare the EU-memberstates' susceptibility to asymmetric shocks and their labour market flexibility under status quo conditions. The fin- dings are related...

While reports state that consumers are increasingly willing to consume more sustainably, no study has considered how the activation of very basic human

Over the last decades, research in behavioural economics has demonstrated that individual welfare (utility), as relevant for economic decision making, d

The debate about European Economic and Monetary Union (EMU) has so far been dominated by questions of fiscal convergence and macroeconomic stability. Far less attention has been given to EMU's effects on labor markets, although labor market...