Friedrich-Schiller-University of Jena

Displaying 1-8 of 8 results

  • White Papers // Jun 2011

    Credit Reporting, Access To Finance And Identification Systems: International Evidence

    Credit reporting systems are an important ingredient for financial markets. These systems are based upon the unique identification of borrowers, which is enabled if a compulsory identification system exists in a country. The authors present evidence derived from difference-in-difference analyses on the impact of the interplay of credit reporting and...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Sep 2010

    The Bail-Out! Positive Political Economics Of Greek-Type Crises In The EMU

    With the outbreak of the Greek sovereign crisis in early 2010, the EMU confronted the biggest challenge in its decade-long history. After months of political haggling, the euro area came up with an unprecedented bail-out for Greece worth EUR 110 billion. The support package has proved highly controversial among economists...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Aug 2010

    Spinoffs And Entrepreneurial Talent

    Spinoffs firms are an important source of industry dynamics and innovation. While an emerging body of literature identifies strategic disagreements and ideas as determinants of spinoffs, neither of them can completely explain the spinoff process. Mere disagreements or brilliant flashes of ideas do not always lead to spinoffs. This paper...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Jun 2010

    What Renders Financial Advisors Less Treacherous? - On Commissions And Reciprocity

    An advisor is supposed to recommend a financial product in the best interest of her client. However, the best product for the client may not always be the product yielding the highest commission (paid by product providers) to the advisor. Do advisors nevertheless provide truthful advice? If not, will a...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Jul 2009

    Social Identity, Competition, And Finance: A Laboratory Experiment

    There is extensive literature, both theoretical and empirical, on the effects of social identity on a wide range of economic and non-economic outcomes. However, there is only scarce knowledge about how social identity is affected by policies or market structure. The authors address the question how competition among suppliers of...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // May 2009

    Is Corporate R&D Investment In High-Tech Sectors More Effective? Some Guidelines For European Research Policy

    This paper discusses the link between R&D and productivity across the European industrial and service sectors. The empirical analysis is based on both the European sectoral OECD data and on a unique micro longitudinal database consisting of 532 top European R&D investors. The main conclusions are as follows. First, the...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Jan 2009

    Financial Signaling By Innovative Nascent Entrepreneurs

    External finance is central for nascent entrepreneurs, people in the process of starting new ventures. The authors argue that nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their innovation as well as the project's feasibility. Their analysis of 900 nascent entrepreneurs...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Jun 2008

    The Productivity Impact Of R&D Investment: Evidence From European Microdata

    The aim of this paper is to investigate the relationship between a firm's R&D activities and its productivity using a unique micro data panel dataset and looking at sectoral peculiarities which may emerge; more specifically, the authors used an unbalanced longitudinal database consisting of 532 top European R&D investors over...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Aug 2010

    Spinoffs And Entrepreneurial Talent

    Spinoffs firms are an important source of industry dynamics and innovation. While an emerging body of literature identifies strategic disagreements and ideas as determinants of spinoffs, neither of them can completely explain the spinoff process. Mere disagreements or brilliant flashes of ideas do not always lead to spinoffs. This paper...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Sep 2010

    The Bail-Out! Positive Political Economics Of Greek-Type Crises In The EMU

    With the outbreak of the Greek sovereign crisis in early 2010, the EMU confronted the biggest challenge in its decade-long history. After months of political haggling, the euro area came up with an unprecedented bail-out for Greece worth EUR 110 billion. The support package has proved highly controversial among economists...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Jun 2011

    Credit Reporting, Access To Finance And Identification Systems: International Evidence

    Credit reporting systems are an important ingredient for financial markets. These systems are based upon the unique identification of borrowers, which is enabled if a compulsory identification system exists in a country. The authors present evidence derived from difference-in-difference analyses on the impact of the interplay of credit reporting and...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Jun 2010

    What Renders Financial Advisors Less Treacherous? - On Commissions And Reciprocity

    An advisor is supposed to recommend a financial product in the best interest of her client. However, the best product for the client may not always be the product yielding the highest commission (paid by product providers) to the advisor. Do advisors nevertheless provide truthful advice? If not, will a...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Jul 2009

    Social Identity, Competition, And Finance: A Laboratory Experiment

    There is extensive literature, both theoretical and empirical, on the effects of social identity on a wide range of economic and non-economic outcomes. However, there is only scarce knowledge about how social identity is affected by policies or market structure. The authors address the question how competition among suppliers of...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // May 2009

    Is Corporate R&D Investment In High-Tech Sectors More Effective? Some Guidelines For European Research Policy

    This paper discusses the link between R&D and productivity across the European industrial and service sectors. The empirical analysis is based on both the European sectoral OECD data and on a unique micro longitudinal database consisting of 532 top European R&D investors. The main conclusions are as follows. First, the...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Jan 2009

    Financial Signaling By Innovative Nascent Entrepreneurs

    External finance is central for nascent entrepreneurs, people in the process of starting new ventures. The authors argue that nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their innovation as well as the project's feasibility. Their analysis of 900 nascent entrepreneurs...

    Provided By Friedrich-Schiller-University of Jena

  • White Papers // Jun 2008

    The Productivity Impact Of R&D Investment: Evidence From European Microdata

    The aim of this paper is to investigate the relationship between a firm's R&D activities and its productivity using a unique micro data panel dataset and looking at sectoral peculiarities which may emerge; more specifically, the authors used an unbalanced longitudinal database consisting of 532 top European R&D investors over...

    Provided By Friedrich-Schiller-University of Jena