In this paper, we analyze the offshoring decision of firms whose production process is characterized by a particular sequence of steps. International cost differences vary non-monotonically along the production chain, and moving unfinished goods across borders incurs transport costs. We show...

This paper analyzes the influence of financial integration on institutional quality. We construct a dynamic political-economic model of an autocracy in which a ruling elite uses its political power to expropriate the general population. Although financial integration reduces capital costs for...

Aus verschiedenen Perspektiven wird in dieser Festschrift zu Ehren von Prof. Dr. Dieter Urban das thematische Feld der Einstellung-Verhaltens-Forschung beleuchtet. Dies umfasst sowohl neuere theoretisch-analytische Zugänge als auch aktuelle methodisch-statistische Entwicklungen sowie...