This paper identifies the unique strategic issues of cross-border mergers in a mixed oligopoly showing that the presence of a welfare maximizing public firm increases the incentive for such mergers. The well-known merger paradox that two-firm mergers are rarely profitable is substantially...

We use a representative sample of German establishments to show that those with foreign ownership are more likely to use performance appraisal, profit-sharing and employee share ownership than those with domestic ownership. Moreover, we show that works councils are associated with an increased...

DISCUSSION PAPER SERIES Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Job Satisfaction and the Labor Market Institutions in Urban China IZA DP No. 4254 June 2009 John S. Heywood W. Stanley Siebert Xiangdong Wei Job Satisfaction and the Labor Market...

Using German survey data, we show that performance pay is associated with a substantially lower gender hours gap. While performance pay increases the work hours of both men and women, the increase is much larger for women than for men. This finding persists in worker fixed effects estimates. We...