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Die Pflicht zur Arbeitszeiterfassung

Art. 46 ArG und Art. 73 ArGV 1 verpflichten den Arbeitgeber, die massgeblichen Verzeichnisse und Unterlagen im Zusammenhang mit der Umsetzung der arbeitsrechtlichen Schutzbestimmungen den Vollzugs- und Aufsichtsbehörden während mindestens fünf Jahren zur Verfügung zu halten. Daraus ergibt sich indirekt auch die Pflicht des Arbeitgebers zur Erfassung der Arbeitszeit. Der Arbeitgeber...

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Deutsch / 31/07/2007

Partial Identification of Wage Effects of Training Programs

In an evaluation of a job-training program, the influence of the program on the individual earnings capacity is important, because it reflects the program effect on human capital. Estimating these effects is complicated because earnings are observed for employed individuals only, and employment is itself an outcome of the program. Point identification of these effects can only be...

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English / 31/07/2007

Ambiguity Aversion and the Term Structure of Interest Rates

This paper studies the term structure implications of a simple structural economy in which the representative agent displays ambiguity aversion, modeled by Multiple Priors Recursive Utility. Bond excess returns reflect a premium for ambiguity, which is observationally distinct from the risk premium of affine yield curve models. The ambiguity premium can be large even in the simplest...

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English / 31/07/2007

Persistence of the School Entry Age Effect in a System of Flexible Tracking

In Germany, the streaming of students into an academic or nonacademic track at age 10 can be revised at later stages of secondary education. To investigate the importance of such revisions, we use administrative data on the student population in the German state of Hessen to measure the persistence of school entry age's impact on choice of secondary school track. Based on...

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English / 31/07/2007

The Structure and Dynamics of the Residential Building Environment: Which Mechanisms Determine the Development of the Building Stock?

The residential built environment and the belonging values creation network consisting of several interdependent actors has not obtained much attention from the field of science. Even though much literature exists about the diffusion of innovations (e.g., Rogers 1995), the diffusion process of innovations in the residential building system is not fully understood. Hence, the enormous...

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English / 29/07/2007

Neue Mütter und Väter?

Was auf Englisch kurz und bündig mit dem Begriff der "gendered parenthood", der "vergeschlechtlichten Elternschaft" ausgedrückt wird, bedarf in der deutschen Sprache einiger Erklärungen. Allzu selbstverständlich und "natürlich" erscheint es oftmals, dass Frauen Mütter werden und Männer Väter, sobald sie ein Kind bekommen. Doch was bedeutet diese Analogie...

Deutsch / 22/07/2007

Knowledge transfer between and within alliance partners: Private versus collective benefits of social capital

This article examines the process through which multilevel network structures translate into knowledge acquisition from alliance partners. The degree of knowledge transfer a multidivisional company achieves from its network of alliance partners is determined not only by the organization's external network structure, but also by the structure of relationships among its business...

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English / 15/07/2007

De-Constructing the 'Soft Skills' Fashion in Organizations

In recent years it has become increasingly popular in the German speaking part of Europe to train individuals in so called 'social competences' or 'soft skills', thus presumably enabling both individuals and organizations to better relate with each other and thus 'function' more efficiently and effectively - at least this seems to be the inherent promise...

English / 11/07/2007

Stochastic labour market shocks, labour market programmes, and human capital formation: a theoretical and empirical analysis

This paper develops a life-cycle model of labour supply that captures endogenous human capital
formation allowing for individual's heterogeneous responses to stochastic labour market shocks. The
shocks determines conditions in the labour market and sort individuals into three labour market regimes;
employment, unemployment with and unemployment without...

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Deutsch / 09/07/2007

Supplementary health insurance as a tool for risk-selection in mandatory basic health insurance markets

As the share of supplementary health insurance (SI) in health care finance is likely to grow, SI may become an increasingly attractive tool for risk-selection in basic health insurance (BI). In this paper, we develop a conceptual framework to assess the probability that insurers will use SI for favourable risk-selection in BI. We apply our framework to five countries in which risk-...

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English / 02/07/2007

Legal and economic aspects of best execution in the context of the Markets in Financial Instruments Directive (MiFID)

This paper explores the implications for investment firms and clients that arise out of an interpretation of the Market in Financial Instruments Directive (MiFID) best execution requirements from a law and economics perspective. While best execution is often framed as a matter of investor protection, research on market microstructure suggests that there is, in fact, an efficiency...

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English / 01/07/2007

Risk and Rationality: Uncovering Heterogeneity in Probability Distortion

It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by estimating a finite mixture regression model for three different experimental data sets, two Swiss and one Chinese, over a large number of real...

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English / 01/07/2007

Competition, Cooperation, and Corporate Culture

Teamwork and cooperation between workers can be of substantial value to a firm, yet the level of worker cooperation often varies between individual firms. We show that these differences can be the result of labor market competition if workers have heterogeneous preferences and preferences are private information. In our model there are two types of workers: selfish workers who only...

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English / 01/07/2007

Terrorism and Business

Deterrence has been a crucial element in fighting terrorism, both in politics and in rational choice analyses of terrorism. However, there are two strategies that are superior to deterrence. The first one is to make terrorist attacks less devastating and less attractive to terrorists through decentralization. The second one is to raise the opportunity cost – rather than the material...

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English / 01/07/2007

Why does context matter? Attraction effects and binary comparisons

A large experimental and empirical literature on asymmetric dominance and attraction effects shows that the probability that an alternative is chosen can increase if additional alternatives become available. Hence context matters and choices and, therefore, market shares can not be accurately described by standard choice models where individuals choose the alternative that yields the...

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English / 01/07/2007

Wege zur Intensivierung der Wirtschaftsbeziehungen Schweiz-USA / Intensification des relations économiques entre la Suisse et les États-Unis: potentiels et moyens

Mit dem Aussenwirtschaftsbericht 2004 hat der Bundesrat die strategische Orientierung der schweizerischen Aussenwirtschaftspolitik vorgestellt. Diese sieht unter anderem den Ausbau des Vertragsnetzes zu ausgewählten Handelspartnern vor.
In Umsetzung dieser Strategie haben die Schweiz und die USA im Herbst 2005 exploratorische Gespräche über ein mögliches Freihandelsabkommen (...

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Deutsch / 01/07/2007

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