Es scheint seit einiger Zeit kaum ein Tag zu vergehen, an dem nicht über einen Zusammenschluss von Banken - wie im übrigen auch anderer Unternehmen - berichtet wird.

With adverse selection, diseconomies of scale associated with hierarchies may induce the implementation of a second-best technology. This occurs whenever rents to lower tiers of the hierarchy increase faster than total surplus. This is more likely with longer hierarchies.

Mit der vorliegenden Studie wird untersucht, ob grosse WBG in einer langfristigen Sicht ökonomisch vorteilhafter sind als kleine. Das Ziel dieser Arbeit ist, ökonomische Vorteile von WBG-Fusionen zu messen und deren monetären oder qalitativen Wert aufzuzeigen. Anhand von Analysen und...

To date, empirical investigations of trade liberalization under the conditions of increasingreturns to scale (IRS) and imperfect competition (IC) have either assumed or imposed themarket and productive structures necessary for such a model. However, of the recent IRS/ICmodels used to simulate...

This paper deals with endogenous determination of effort as a source of productivity growth.

Showcasing data from all areas of the ILC program and other sources, Charting International Labor Comparisons is a gateway to explore how key labor market and other national economic measurements compare across countries. There are links to previous editions of the Chartbook of International...

The aim of this paper is to review and summarise the results of selected empirical studies on performance gaps between multinational enterprises and their domestic counterparts.

This paper deals with the the thesis that bigger wage differentials might also give rise to less co-operation and more politicking amongst workers resulting in worse outcomes.

Vorliegendes Arbeitspapier untersucht die Eignung eines hedonisti-schen Modells zur Bewertung des Nutzens bei Organisationsprojekten.

This paper reports on the development and application of an instrument to evaluate the overall IT fitness of medium sized enterprises. The instrument was designed in 1997 as part of an applied research project with the close co-operation of scientists and consultants, as well as variaous market...