the respective mono-tonicity properties. If the profit differential between post-merger and pre-merger profits satisfies … equilibria of merger games with simultaneous and sequential moves. The application of our framework to specific oligopoly models … illustrates that the introduction of two-sided asymmetric information may lead to considerable changes in the predicted merger …

compare the welfare effects of upstream versus downstream deregulation policies and show that the impact of deregulation may …

layer is very positively (negatively) correlated with value added. We then explore the changes in the wages and number of … expand substantially add layers and pay lower average wages in all pre-existing layers. In contrast, firms that expand little … and do not reorganize pay higher average wages in all pre-existing layers. …

find that those who earn near-minimum wages are disproportionately female, unmarried and young, without post …-income households. Using various plausible parameters for the effect of minimum wages on hourly wages and employment, I estimate the …

Since monetary union with West Germany on 1 July 1990, eastern female monthly wages have risen by 10 percentage points … relative to male wages, but female employment has fallen 5 percentage points more than male employment. Using the German Socio … of the hazard rate from employment. Differences in mean 1990 wages explain more than one-half of the gender gap in this …