We study the effects of FDI and increasing multinational activity utilizing a macroeconomic two-sector model of the small open economy with flexible exchange rates and perfect capital mobility. The focus is on horizontal greenfield investment and its impact on production, exchange rates, trade,...

This paper provides new evidence on the effect of immigration on election outcomes. Our analysis makes use of data on city districts in Hamburg, Germany, during a period of substantial inflows of immigrants and asylum seekers. We find significant and robust effects for changes in foreigner...

This paper provides new evidence on the effect of immigration on election outcomes. Our analysis makes use of data on city districts in Hamburg, Germany, during a period of substantial inflows of immigrants and asylum seekers. We find significant and robust effects for changes in foreigner...

The focus of this study is on the consequences of rising energy costs and demographical change in the city of Hamburg. In section 2 we present a class of models that help to understand and explain patterns of urban land use. Section 3 then discusses urban land use and the population structure of...

Hamburg konnte - insbesondere in den Jahren zwischen 2000 und 2008 - stark vom Wachstum des internationalen Handels profitieren. Das rapide Wachstum des Welthandels der vergangenen Jahrzehnte wurde neben der Öffnung der Schwellenländer für Handelsvereinbarungen auch durch eine Vielzahl von...

In order to get a clear cut picture of the impact of rising transport costs on the future urban development of the city of Hamburg, the Hamburg Institute of International Economics (HWWI) together with alstria have set up a joint research project. In this context, the goal is to derive policy...