In this paper we estimate the employment effects of a reduction in weekly normal hours in West German manufacturing on the basis of an econometric models using industry panel data. We distinguish between unskilled, skilled and high-skilled workers and show that labor demand elasticities with...

This paper shows the strategic aspects of international outsourcing in an oligopolistic market, if outsourcing is attractive because of fixed cost savings. We show that outsourcing decisions are strategic substitutes. Furthermore, we demonstrate that due to decreasing individual output,...

Policy choices often entail trade-offs between workers and consumers. I assess how foreign competition changes the consumer welfare and domestic employment effects of a merger. I construct a model accounting for demand responses, endogenous product portfolios, and employment. I apply this model...

Die an der Erhebung beteiligten westdeutschen Industrieunternehmen rechnen zwar mittelfristig mit höheren Exporten in die Region und wollen auch ihre Direktinvestitionen steigern. Sie sehen aber - neben den hohen Transport- und Vertriebskosten - auch zahlreiche institutionelle und marktbedingte...