agglomeration economies, and its consequences for the city-size wage gap. After 15 years of work experience in Munich the cumulative …

-city assortative matching observed between 1985 and 2014 increased aggregate labor earnings in Germany by 2.1%, or 31.32 billion euros … unchanged, and equalize within-city assortative matching geographical wage inequality in Germany would decrease significantly …

subsidies cause firms to locate in states where they have larger positive spillovers, subsidy competition can increase total …

We show theoretically that a proportional R&D subsidy accelerates innovation activity at all degrees of competition in … the modern Schumpeterian growth model, but less so at high degrees of competition. We then use company-level data on … patenting activity, product market competition and R&D subsidies of Finnish firms during 1990–2001 to test the theoretical …

The integration can be used in a strategic way to weaken the short-term competition, by raising the rivals’ costs, or …