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Recent innovation literature has documented the benefits of cross-pollination of ideas across a wide set of industries and technology fields in an economy. Industrial and trade policies, by contrast, tend to favor economic specialization through the promotion of selected sectors. In this paper...
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given by different sponsors (the federal government, the Länder and the European Union). Recent theory stresses the …
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This paper provides a labour supply explanation to the observation that in Germany employment changes are asymmetric …
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mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled … training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads …
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