infonet-economy

Not available in German. Subsidised employment is an important tool of active labour market policies to improve the chances of the unemployed to find permanent employment. Using informative individual administrative data we investigate the effects of two different schemes of subsidised temporary employment implemented in Switzerland. One scheme operates as a non-profit employment...

Recruiters infer personal traits from job applicants' resumés and use these inferences in evaluating job applicants' employability. No research to date, however, has determined if resumé reviewers' inferences of applicants' personality drawn solely from resumé biographical data are valid. In the present study, resumé reviewers (N=52) examined one of two applicant...

We show how employee stock options can be valued under the new reporting standards IFRS 2 and FASB 123 (revised) for share-based payments. Both standards require companies to expense employee stock options at fair value. We propose a new valuation model, referred to as Enhanced American model, that complies with the new standards and produces fair values often lower than those...

Much progress has been made in recent years in developing and applying a direct measure of utility using survey questions on satisfaction with income and with life in general. In this paper we apply this new type of measurement to the study of money illusion. Using data from the German Socio-Economic Panel for the years 1993 to 2003, we cannot reject the hypothesis of no money...

"To overcome problems produced by globalization, some people see the solution in a WorldnGovernment while others see it in an autarchic global market without any governmentnintervention. Both solutions are rejected due to their major shortcomings. Two superiornsolutions are proposed: (1) A net of Functional, Overlapping Democratic Jurisdictions (FOCJ)nconfirming to a geography...

In this paper, the concept of a private-collective innovation model that has been applied to Open Source Software
projects will be used to analyze the case of the online encyclopaedia Wikipedia. The work suggests that the
implications drawn in a software development context hold as well in different community based collaboration
contexts. Endorsing the...

Befördert ein Pilot mit seinem Luftfahrzeug einen Passagier, so muss er die massgebenden Vorschriften bezüglich Haftung und Versicherung sowie Flugschein kennen. Dies hat bereits bisher zu zahlreichen Fragen Anlass gegeben trotz konkreten Vorschriften im Lufttransportreglement (LTrR). Mit Wirkung per 5. September 2005 wurde dieses Reglement nun komplett aufgehoben und durch eine neue...