We present a simple model to illustrate how birthplace diversity may affect team performance. The model assumes that … team performance. To verify this prediction, we exploit self-collected data on the first division of German male soccer … different instrumental variable approaches to identify the effect of birthplace diversity on team performance. Our findings …

analyses to show that export orientation has a positive and significant impact on total factor productivity growth. We comment … the best way to examine the association between total factor productivity growth and trade orientation. …

German banks, this paper explores how regionally less diversified banks in Germany adjusted their loan loss provisioning … following the severe summer flood of 2013, which affected widespread regions mostly in Eastern Germany. The analysis uses a … difference-in-differences estimation with banks being allocated to the treatment and control group based on the region of their …

We argue that social capital as proxied by regional trust and the Rule of Law can improve aggregate productivity …