impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S. and (3 … covering the period from 1984-2010 for Germany respectively 1992-2011 for the U.S. and apply system GMM in order to solve … Germany. A differentiation between imported intermediates (efficient sourcing strategy) and final inputs (competition) reveals …

"We develop a method for decomposing countries' observed export prices into quality versus quality …-adjusted-price components using information contained in their trade balances. Holding observed export prices constant, countries with surpluses …