Using harmonized household survey data, we analyse long run social mobility in the US, the UK, and Germany and test … recent theories of multigenerational persistence of socio-economic status. In this country comparison setting we find …

comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 … Germany's bank-based system of internal control, ownership concentration is harmful for productivity growth. …

training and education costs in the USA for unskilled employees and unemployed. In Germany, the lower skill wage mark-up leads … general equilibrium model, this paper shows that skilled insiders in the USA enjoy higher rents and increase the skilled wage … mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled …