Using both household and linked-employer-employee data we study the effects of works councils on individual sickness absence rates and a subjective measure of personnel problems due to absenteeism in Germany. We find that the existence of a works council is positively correlated with the...

Service organizations provide an environment for solving tasks given by customers. The performance of the organization is dependent on many factors including organizational structure, incentive structure and communication of knowledge within the organization. The manager assigns tasks to be...

The paper presents experimental evidence on the impact of managers and their incentives on the behavior of group members in intergroup contests. I find that members follow the nonbinding investment recommendations of their group manager in particular if the managers payoff does not depend on the...

Introduction There is a large consensus that the amount of human capital in areas plays a crucial role for regional economic development. Previous evidence on regional economics highlight that a higher concentration of human capital is associated with more population, employment growth, income...

In this paper we measure knowledge spillovers arising from venture-capital financed companies on the patenting activities of other companies and compare them to spillovers from established firms. We develop a novel measure to to identify the appropriate spillover pool based on backward citations...

This paper investigates empirically firm investment behavior in research and development (R&D). Firms make investments in R&D in order to produce innovations. These innovations in turn improve the firm's future productivity level, pro tability and incentives to invest in R&D. Using German...