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  • English
    Authors: 
    Bitros, George C.;
    Country: Germany

    The objective in this paper is to highlight the complex linkages of capital input to potential output in the U.S. nonfarm private business sector. For this purpose the analytical framework used by the Congressional Budget Office (CBO) is adapted and re-estimated using d...

  • English
    Authors: 
    Popescu, Ramona; Ungureanu, Emilia;
    Country: Germany

    Industrial parks had an explosive development all over the world especially in the last five decades but in Romania their history is much recent. At the beginning, this paper presents the evolution and the present state of the Romanian industrial park projects and conti...

  • English
    Authors: 
    Chu, Yu-Wei Luke; Cuffe, Harold E.; Doan, Nguyen;
    Country: Germany

    In this paper, we use twin birth as an instrument to estimate the effects of fertility on female labor force participation using 70 censuses from 36 countries in 1990–2010. We document a strong relationship between the gender wage gap and the size of the motherhood pena...

  • English
    Authors: 
    Bartram, Sohnke M.; Bodnar, Gordon M.;
    Country: Germany

    This paper examines the importance of exchange rate risk in the return generating process for a large sample of non-financial firms from 37 countries. We argue that the effect of exchange rate exposure on stock returns should be conditional and show evidence of a signif...

  • English
    Authors: 
    Moyouwou, Issofa; Pongou, Roland; Tchantcho, Bertrand;
    Country: Germany

    We propose a model of political competition and stability in nominally democratic societies characterized by fraudulent elections. In each election, an opposition leader is pitted against the leader in power. If the latter wins, he remains in power, which automatically ...

  • English
    Authors: 
    Hasan, Syed Akif; Subhani, Muhammad Imtiaz; Osman, Ms. Amber;
    Country: Germany

    Karachi Electric Supply Co. (KESC) is power utility company serving more than 2.1 million consumers. It covers around 6000 km of vast area to supply electricity. It has been more than 10 to 20 years that this company is suffering from poor financial position due to whic...

  • English
    Authors: 
    Schmal, Tom;
    Country: Germany

    Evaluating the risk behind capital projects can be one of management’s toughest calls. One reason is project risks are presented subjectively or as a metric without a practical relationship to return. The author addresses the problem by using a Monte Carlo simulation to...

  • English
    Authors: 
    Janda, Karel; Tyuleubekov, Sabyrzhan;
    Country: Germany
    Project: EC | GEMCLIME (681228)

    In this paper we estimated relation between greenhouse gas abatement and share of renewable energy resources in Germany and Czech Republic. We also analysed the dependence between annual installed capacities of RES and respective feed-in tariffs. We took the empirical d...

  • Other research product . 2015
    English
    Authors: 
    Estrada, Fernando;
    Country: Germany

    Thomas Piketty's "Capital in the 21st century" has been the most important book economy in recent times. Its aim integrates the debate theories of growth, income distribution, inequality and differences between the extremes income and income of the majority. The work pr...

  • English
    Authors: 
    Vargas Barrenechea, Martin;
    Country: Germany

    In a market with two homogeneous firms that compete in quantities (Cournot), one firm gets a patented cost reduction innovation. Under this scenario the patent holder has the option to license or not this innovation to the other firm. On the other side, the incumbent fi...