We compare the earnings of monolingual and competent bilingual immigrants in Germany. A joint discussion of language skills as human capital or social capital and theories of ethnic marginalisation leads us to expect heterogeneous returns to bilingualism. To track this potential divergence, we...

This paper analyzes an early modern German economy to test alternative theories about guilds. It finds little evidence to support recent hypotheses arguing that guilds corrected market failures relating to product quality, training, and innovation. But it finds that guilds were social networks...

Die Nutzung von sozialen Netzwerken wie Facebook ist auf dem Vormarsch. Aber kann Facebook für Unternehmen ein entscheidendes Marketing- und Networking-Tool sein, das den Unternehmenserfolg unterstützt? Unser Auswertungen von 1.971 Firmen zeigen, dass die Aktivität auf Facebook durch den...

Germany's population is currently undergoing a major shift as well as a general decline. These changes are expected to impact not only the workforce but also the social systems dependent on having a steady supply of individuals contributing to them. While no single solution alone is likely to be...

This paper is the result of a six months lasting project conducted at the faculty of economics, business administration and organizational science of the Universität der Bundeswehr Münchenʺ. Together with 17 (male and female) students, the academic team, composed of Friedrich L. Sell and...