Does interacting product and labor market regulation alter the impact of immigration on wages of competing native workers? Focusing on the large, sudden and unanticipated wave of migration from East to West Germany after German reunification and allowing for endogenous immigration, we compare...

Centralized wage-setting institutions compress relative wages. Motivated by this fact, we investigate the effects of centralized wage setting on the industry distribution of employment. We examine Sweden's industry distribution from 1960 to 1994 and compare it to the U.S. distribution over the...

The importance of free innovative entry (deregulation) for diversity of structure and competition is studied. I demonstrate quantitatively that even with a narrow definition of entry (firms), and given observed entry behavior, successful entrants completely dominate the long run performance...

Both the increasing mobility of capital and the globalization of enterprises has changed world markets in the last two decades. The economies of South-East Asia, especially Japan and South Korea, are no longer the work benches of the western industries, but they were very successful in catching...

Drei Jahre nach der Atomkatastrophe im japanischen Fukushima rücken Laufzeitverlängerungen bestehender Kernkraftwerke und der Bau neuer Reaktoren weltweit wieder stärker in den Fokus. Befürworter erhoffen sich eine kostengünstige Stromerzeugung, eine sichere Energieversorgung sowie einen...

Innovation research has developed a broad set of methodological approaches in recent decades. In this paper, we propose laboratory experiments as a fruitful methodological addition to the existing methods in innovation research. Therefore, we provide an overview of the existing methods, discuss...

Partly motivated by the recent antitrust investigations concerning Google, we develop a leverage theory of tying in two-sided markets. We analyze incentives for a monopolist to tie its monopolized product with another product in a two-sided market. Tying provides a mechanism to circumvent the...