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This paper measures the productivity impact of management-led participative establishment practices. On the basis of a representative German establishment data set, the IAB establishment panel, the study finds that the presence of team-work, a reduction of hierarchies and autonomous work groups...
Persistent link: https://www.econbiz.de/10011448687
Codetermination can be regarded as an extreme regulatory intervention of the legislator in the labor market which might … German data and includes years before and after the extension of German codetermination law in 1976. The estimates determine … the productivity of labor and relative bargaining power of capital and labor. It turns out that codetermination does not …
Persistent link: https://www.econbiz.de/10011738981
Die Messung der effektiven Steuerbelastung rentabler Investitionen ist mit zahlreichen methodischen Problemen verbunden. Diese lassen sich zum Teil mit einem auf Devereux und Griffith zurückgehenden Modell überwinden. Basierend auf ihrem Ansatz wird eine Maßgröße für die effektive...
Persistent link: https://www.econbiz.de/10011446142
Cartels were legal to a large extent in Austria until the country’s EU Accession in 1995. We examine archival material on registered horizontal cartels to learn about their inner working. Applying content analysis to legally binding cartel contracts, we comprehensively document different...
Persistent link: https://www.econbiz.de/10011393136
In the period following WW II. until the country accessed the European Union, cartels were legalized in Austria, upon registration with the Austrian Cartel Court. We obtained access to the registration data, and scanned them all towards a microeconomic analysis of contracting behavior between...
Persistent link: https://www.econbiz.de/10010458226
Germany, we provide empirical evidence in support of this result. Controlling for other potentially confounding factors, such …
Persistent link: https://www.econbiz.de/10011724001
There is a growing concern that minority shareholding (MS) in rival firms may facilitate collusion. To examine this concern, we exploit the fact that leniency programs (LPs) are generally recognized as a shock that destabilizes collusive agreements and study the effect that the introduction of...
Persistent link: https://www.econbiz.de/10011730845
Germany, we provide empirical evidence in support of this result. Controlling for other potentially confounding factors, such …
Persistent link: https://www.econbiz.de/10011778632
We study the welfare effects of non-binding advance price announcements. Applying a differentiated Bertrand model with horizontal products and asymmetric information, we find that such announcements can help firms to gain information on each other thereby allowing them to achieve higher profits....
Persistent link: https://www.econbiz.de/10011316431
We analyze the effects of downstream firms’ acquisition of pure cash flow rights in an efficient upstream supplier when all firms compete in prices. With an acquisition, downstream firms internalize the effects of their actions on their rivals’ sales. Double marginalization is enhanced....
Persistent link: https://www.econbiz.de/10009512802