Recently collected data show that, within any manufacturing industry, vertically integrated firms tend to have larger, higher productivity plants, account for the bulk of sales, and also sell externally most of the inputs they produce. In a weak contracting environment characteristic of...

Contemporary career research assumes more flexible career patterns implying increased job mobility. However, there is growing doubt that the proclaimed change is as drastic as has been suggested. We provide empirical evidence on career expectations in Germany between 1999 and 2009, arguing that...