As businesses span the globe, multinational and translational companies conduct their business operations in foreign settings, especially in developing countries and in countries in transition from Communist regimes. This poses new challenges to expatriate managers and to home-based staff in...

How do trade patterns change after an external shock such as an economic crisis, and is this shift structural? This paper uses a Difference-in-Difference (DID) approach to investigate whether services trade became more digital after the Global Financial Crisis (GFC) in 2008. It finds that the...

During the ongoing financial crisis the analysis of similar historical crises has gained more and more attention among economic researchers and forecasters. Existing studies, however, do not tackle the immense heterogeneity that is present in cross-country samples in a formal and consistent way....

ifo-Präsident Clemens Fuest setzt sich in seiner Rede anlässlich der Preisverleihung »Impulsrede zur Sozialen Marktwirtschaft« durch den Wirtschaftspolitischen Club Deutschland mit der Idee der Sozialen Marktwirtschaft und ihrer Bedeutung in der Gegenwart auseinander.