Die aktuelle Diskussion über zu hohe Managergehälter am oberen und zu niedrige Löhne am unteren Ende der Gehaltsskala führt zu den Grundregeln der Lohnbildung. In der ökonomischen Theorie stehen dabei vor allem individuelle Produktivitätsunterschiede als Ursache von Lohnunterschieden im...

Institutional Frameworks and Labor Market Performance produces an in-depth analysis of the functioning of various labor market institutions in both the USA and Germany. Particular emphasis is given to the substantial differences between the US and Germany in the ways important areas are...

This paper investigates price-setting for truly homogenous products sold in markets without any formal trade barriers. We use data from IKEA, a furniture company selling identical products in an identical shopping environment in different EU countries. We get four remarkable outcomes: 1) The law...

This paper investigates price-setting for truly homogenous products sold in markets without any formal trade barriers. We use data from IKEA, a furniture company selling identical products in an identical shopping environment in different EU countries. We get four remarkable outcomes: 1) The law...