This paper analyzes the effects of bank lending on German commercial property prices. The theory on the role of financial intermediaries in business cycle activity states that lending activity is characterized by asymmetric information between borrowers and lenders. As a consequence, interest...

"This paper contributes to the literature on the impact of immigrants on native female labour supply. By segmenting the market by educational levels, we are able to investigate which nativeborn women are more affected by an increase of low-skilled immigrants working in the household service...

Presents the Block-Roberts methodology for measuring labour standards, highlighting its relativism (does not rely on a universal benchmark like ILO Conventions) and its politically feasible benchmark (at least one jurisdiction enacted). Comparing the US with Canada and the EU, resp., determines...