This paper presents new evidence on the formation of producer prices. The database combines a one-time survey that was conducted in June 2004 on a sample of 1,200 firms in manufacturing and time-series information on price adjustment of the same firms from a business-tendency survey. The share...

Diese Arbeit analysiert die Verbindung zwischen Produktivität und Arbeitsmarktmobilität. Die darin getestete Hypothese besagt, dass technologisches Wissen durch die Bewegungen von Fachkräften in der Form von Humankapital über Industrien verbreitet wird. Das Wissen diffundiert daraufhin im...

This paper examines the pattern of foreign direct investment (FDI) in producer services. We develop a model of FDI in these services and test its predictions using panel data on U.S. FDI in 25 host countries from 1976 to 1995. We find evidence that, in addition to governmental and cultural...