Was the 18th century a time period of gradual market integration? Or did the wars, famines, and criminality drive central European markets away from each other? We perform cointegration tests between four German and three Polish cities for rye markets in the 18th century, plus selected tests...

Der Beitrag ist wie folgt aufgebaut. In Abschnitt 2 wird zunächst der Begriff des Going Private definiert und anhand kurzer Ausführungen zu den handelnden Akteuren Einblicke in die Funktionsweise des deutschen Going Private-Marktes vermittelt. In Abschnitt 3 wird die zu überprüfende...

Im vorliegenden Beitrag wird von einem ökonomischen Standpunkt aus theoretischer Sicht untersucht, ob durch eine Lockerung des Kündigungsschutzes in Zeiten hoher Arbeitslosigkeit die Beschäftigung gesteigert werden kann, wenn die Antizipation eines hohen Kündigungsschutzes durch die...

Die isolierte Einführung einer Abgeltungssteuer hat erhebliche Änderungen der Rahmendaten für alle Investitions- und Finanzierungsentscheidungen im Inland ansässiger Investoren in Personenunternehmen und Kapitalgesellschaften zur Folge. Durch eine abgeltend besteuerte Anlagealternative wird...

We derive and estimate an econometric model of export versus foreign production using firm-level data on foreign activities of German multinationals. Proximity-concentration theory which we derive our model from shows that firms face a trade-off between concentrating their production at home to...

Recent theoretical works suggest that migrants carry their social networks when moving across borders and that they bridge the information gap between partner countries. We derive a theoretical model where migrants reduce informational trade barriers and thus enhance exports. The model is...

The Scale-Efficiency version of the Efficient-Structure Hypothesis and the Structure-Conduct-Performance Hypothesis find empirical support in German banking data from 1998 to 2002. Due to the acceptance of the two hypotheses and the existence of overall economies of scale, we conclude that...

The business literature has long recognized the importance of multinationals' distribution networks. The empirical analysis of distribution-oriented FDI has, however, received little attention which is at least partly due to the lack of appropriate data. We outline a slightly modified version of...

We analyze whether firms that establish their first affiliate in a foreign country have a different pattern of growth in output, employment, capital and productivity than firms that remain national. We use firm-level data on German multinational activities and appropriate matching techniques to...