The objective of this paper is to investigate the trade potential of the fifteen old EU countries with the ten new members having joined on May 1st, 2004. Our focus lies not so much on the integration process already having taken place, but on the importance of institutional factors for trade....

This paper investigates the potential for a further increase in trade between the fifteen old EU members and the twelve new countries having joined in 2004 and 2007 that results from a convergence of the new members' institutions towards the level of the EU-15 in accordance with the Acquis...

Angesichts des demographischen Wandels gewinnen die Verlängerung der Erwerbstätigkeit und damit auch die Bedingungen für Neueinstellungen im letzten Drittel des Erwerbslebens an Bedeutung. Dieser Beitrag untersucht auf mikroökonomischer Grundlage (IABBetriebspanel) betriebliche Merkmale, die...

We use a linked employer-employee data set from Germany to estimate the wage effect of foreign-affiliates in East and West Germany. In addition, the wage effects of the large number of West German affiliates which are located in East Germany are also considered. The implemented techniques allow...

The economic analysis of corporate governance is en vogue. In addition to a host of theoretical papers, an increasing number of empirical studies analyze how ownership structure, capital structure, the structure of the board and the market for corporate control influence firm performance. This...