infonet-economy

Immer mehr wird über die mehr oder weniger befriedigende Situation von PraktikantInnen aus eben dieser Perspektive der PraktikantInnen berichtet. Was aber sollten Organisationen beachten, wenn sie vorhaben Plätze für Praktika anzubieten? Unter der Prämisse, dass ein Praktikum sowohl für die Organisation, wie auch für den Praktikanten sinnvoll sein soll wird erläutert, welche...

This paper provides an analysis of outsourcing and trade in a spatial model à la Hotelling. In this setting, we discuss the trade-off between transport-cost-related disadvantages and outsourcing-related production cost advantages of a large economy and we investigate how the existence of national transport costs influences both the structure of industrial production and the pattern...

Temporary fluctuations of the U.S. consumption-wealth ratio, cay, predict excess returns onninternational stock markets at the business cycle frequency. This finding is the reflection of a common, temporary component in national stock markets. Exposure to this common component explains up to 60 percent of the covariation among long-horizon returns on the G7nstock markets for the time...

Lagged foreign stock returns in excess of the U.S. stock market return are informative aboutnquarterly exchange rate movements. A past high foreign stock return relative to the U.S. signals a foreign currency depreciation and hence low returns on the foreign currency.nConditional on stock return differentials, the consumption-based CAPM (CCAPM) explains the cross-sectional dispersion...

After several decades of academic research on the contingent valuation (CV) method a consistent behavioral explanation of 'hypothetical bias' is still lacking. Based on evidence from economics, economic psychology and the political sciences, I propose an explanation that is based on two simple working hypotheses about respondent behaviour in contingent valuation surveys....