Seit der amerikanische Einzelhandelsgigant Wal-Mart durch die Übernahme der Wertkauf-Filialen, Interspar- und Asdamärkte auf dem europäischen Markt Fuß gefasst hat, herrscht Unruhe innerhalb der Branche. Fast alle großen Handelsketten Europas wurden bereits als Akquisitionsobjekte mit...

Seit der amerikanische Einzelhandelsgigant Wal-Mart durch die Übernahme der Wertkauf-Filialen, Interspar- und Asdamärkte auf dem europäischen Markt Fuß gefasst hat, herrscht Unruhe innerhalb der Branche. Fast alle großen Handelsketten Europas wurden bereits als Akquisitionsobjekte mit...

Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood as an increase in inequality of wages due to changes in bargaining power of employees. However, the role of changing household structure is widely neglected. Societal trends...

Previous estimates of inequality of opportunity (IOp) are lower bounds because of the unobservability of the full set of endowed characteristics beyond the sphere of individual responsibility. Knowing the true size of unfair IOp, however, is important for the acceptance of (some) inequality and...

It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system to study this question. As of 2005 (with a phase-in period between 2002-04), the German pension administration started to send out annual letters providing detailed and...