This paper implements a fair wage constraint into an analytically tractable core-periphery agglomeration model. This enables us to study the role of imperfect labour markets for the pattern of agglomeration. In the short run, a marginal increase in fair wage preferences leads to an unambiguous...

This dissertation examines the impact of globalisation when labour markets are imperfect. Chapters 2 and 3 start with an overview about recent trends in globalisation and provide evidence for labour market rigidity in developed countries. Chapter 4 studies minimum wages in a simple factor...

I study employment and welfare effects of international competition in a model with imperfect labor markets. In contrast to the well-established result that trade liberalization has ambiguous welfare effects under perfect labor markets, I show that the employment effect may raise welfare...

Although there are indications of common regional corruption characteristics, empirical studies of corruption have assumed that influences on corruption are country-specific. In this paper we report evidence based on a cross-section of 123 economies confirming that, with few specific exceptions,...

Deutschland steckt in einer Umbruchphase. Der Trend zu Produktionsverlagerungen hat in den letzten Jahren in steigendem Maße auch mittelständische Unternehmen erfasst. Während die großen Konzerne auf Grund ihrer Ressourcen weltweit aktiv sein können, nutzen kleinere Firmen die...

We examine the impacts of both domestic and international financial market development on R&D intensities in 22 manufacturing industries in 18 OECD countries for the period 1990–2003. We take account of such industry characteristics as the need for external financing and the amount of tangible...

In contrast to what several papers have argued recently, we show that firm heterogeneity fosters agglomeration of economic activity. If firms are more similar with respect to their total factor productivity, each company faces a lower propensity to export. This renders the home market more...

We argue in this paper that differences in corporate taxes between economies stimulate vertical integration of final goods producers and suppliers of intermediate goods causing more intra-firm trade. This is due to the fact that vertically integrated firms can shift profits from a high-tax...

We examine the impacts of both domestic and international financial market development on R&D intensities in 22 manufacturing industries in 18 OECD countries for the period 1990-2003. We take account of such industry characteristics as the need for external financing and the amount of tangible...