This paper examines critically the system of industry-level wage bargaining in Germany. More specifically, it shows … that the importance of industry-level wage bargaining declines in Germany and that one major reason for this development is …

In order to reduce unemployment, it is often recommended that industry-level wage bargaining in Germany should be …

quits are important reasons for wage rigidities for high skilled labour. Compared to findings from the USA, in Germany …

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 …

A challenge for many cartels is avoiding a destabilizing increase in non-cartel supply in response to having raised … price. In the case of the German cement cartel that operated over 1991-2002, the primary source of non-cartel supply was … imports from Eastern European cement manufacturers. Industry sources have claimed that the cartel sought to control imports by …

We hypothesize a particular source of cartel instability and explore its relevance to understanding cartel dynamics …. The cartel instability is rooted in the observation that, upon cartel formation, the relative positions of firms are often … fixed which may lead some growthconscious members to be discontent. This incongruity between a cartel member’s allocated …

cement producers to study the value of such transaction data for an estimation of cartel damages. In particular, we … investigate, first, how structural break analysis can be used to identify the exact end of the cartel agreement and, second, how … conclude that transaction data allows such a detailed assessment of the cartel and its impact on direct customers that its …