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	Provedor de dados AgEcon (4) Autor Funke, Michael (4) Chen, Yu-Fu (2) Niebuhr, Annekatrin (2) Palavra-chave D81 (2) Germany (2) Labor and Human Capital (2) R11 (2) C21 (1) C31 (1) C52 (1) D92 (1) E22 (1) E24 (1) Economic Growth (1) Employment (1) Exchange Rates (1) F21 (1) F31 (1) F43 (1) Financial Economics (1) Foreign Direct Investment (1) Human Capital (1) International Development (1) Mais... Tipo do documento Working or Discussion Paper (4) Ano 2003 (1) 2002 (1) 2001 (1) 2000 (1) País United States (4) Idioma Inglês (4)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 4 Primeira ... 1 ... Última Exchange Rate Uncertainty and Labour Market Adjustment under Fixed and Flexible Exchange Rates AgEcon Chen, Yu-Fu; Funke, Michael. The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we follow the real options approach, which allows us to investigate the value to a firm of waiting to adjust labour when the firm´s revenues in domestic currency are stochastic and adjustment costs are sunk. The simulations reject the null hypothesis that all exchange rate regimes obey common employment adjustment thresholds. Tipo: Working or Discussion Paper Palavras-chave: Real Option Theory; Uncertainty; Working Time; Employment; Labour Demand; Exchange Rates; Financial Economics; Labor and Human Capital; D81; E24; J23; F31. Ano: 2002 URL: http://purl.umn.edu/26287 Spatial R&D Spillovers and Economic Growth - Evidence from West Germany AgEcon Funke, Michael; Niebuhr, Annekatrin. The paper bases itself on recent theoretical writings in growth economics that emphasize the effects of both own R&D efforts and of interregional technology spillovers on regions´ productivity. We propose robust estimation techniques to evaluate the R&D spillovers across West German functional regions during the period 1976 - 1996. The findings suggest the existence of knowledge spillovers across functional regional boundaries. Moreover, significant spillovers are mainly found among geographically close regions. This finding confirms the hypothesis that proximity matters. Das Papier basiert auf jüngeren Beiträgen zur Wachstumstheorie, die den Stellenwert eigener F&E-Anstrengungen und interregionaler Spillover-Effekte für die regionale... Tipo: Working or Discussion Paper Palavras-chave: R&D Spillovers; Economic Growth; Germany; International Development; Research and Development/Tech Change/Emerging Technologies; C21; C52; F43; O57; R11. Ano: 2000 URL: http://purl.umn.edu/26396 Threshold Effects and Regional Economic Growth - Evidence from West Germany AgEcon Funke, Michael; Niebuhr, Annekatrin. We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on the growth of West German regions. The paper finds that the relative income distribution appears to be stratifying into a trimodal distribution. Thus, application of the threshold model to a real world case, here West Germany, shows that the model might help to explain regional growth patterns. Ausgangspunkt der Analyse ist ein Modell überlappender Generationen der Humankapitalakkumulation mit Schwellenwert-Effekten. Die empirische Überprüfung des Modells basiert auf einem regionalen Datensatz für Westdeutschland. Das zentrale Ziel der Untersuchung ist es, Erkenntnisse zum Wachstum... Tipo: Working or Discussion Paper Palavras-chave: Regional Economic Growth; Human Capital; Germany; Labor and Human Capital; J24; O40; R11; C31. Ano: 2001 URL: http://purl.umn.edu/26141 Option Value, Policy Uncertainty, and the Foreign Direct Investment Decision AgEcon Chen, Yu-Fu; Funke, Michael. In this paper we analyse the impact of policy uncertainty on foreign direct investment strategies. The paper follows the real options approach, which allows to investigate the value to a firm of waiting to invest and/or disinvest, when payoffs are stochastic due to political uncertainty and investments are partially reversible. Across the board we find that political uncertainty can be very detrimental to FDI decisions. Tipo: Working or Discussion Paper Palavras-chave: Real options; Investment; Foreign Direct Investment; Political Uncertainty; International Relations/Trade; D81; D92; E22; F21. Ano: 2003 URL: http://purl.umn.edu/26373 Registros recuperados: 4 Primeira ... 1 ... Última

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