large when market structure effects are taken into account, and that restrictions on retailing may have significant effects …

account. I present a new model of retailing in general equilibrium and explore its implications for a number of different …

We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in … shift in employment from manufacturing to retailing, the rise in retailer product assortment and the emergence of slotting … concentration is best explained by technological change in retailing. We also identify a novel benefit from market integration …

market shares. We show that advertisement levels depend neither on the media price nor on the location of the media firm. An … increase in advertising revenues does not change location but only the media price. If the distribution of consumers is …

location for an affiliate of a multinational firm. In particular, we distinguish between the tax sensitivity of Greenfield and … M&A investments. Based on a novel firm-level dataset on German outbound FDI, we find evidence that location decisions of … M&A investments are less sensitive to differences in tax rates than location decisions of Greenfield investments …