• Konjunkturerwartungen steigen weiter bei stabiler Lageeinschätzung
• Eurozone: Verbesserte Erwartungen bei verschlechterter Lageeinschätzung
• USA: Sinkende Inflation lässt auf sinkende Zinsen hoffen
• China:…

This paper shows that the American Inventor’s Protection Act, which introduced the disclosure of patent applications after 18 months, i.e. before a grant decision is taken and, hence, before it is known whether…

In markets where sellers’ marginal costs of production have a common component, they have informational advantage over buyers regarding those costs. This information asymmetry between sellers and buyers is…

How strong is the transmission of socio-economic status across generations in Latin America? To answer this question, we first review the empirical literature on intergenerational mobility and inequality of…

Various obstacles, such as a shortage of skilled workers, high labour costs, high corporate taxes, as well as increasing regulatory density and high-energy costs, hamper investment in Germany. In particular, the…

This paper investigates whether the impact of trade shocks on employment and wages persists across generations. Using survey data with retrospective information on parental employment, we study the causal effect…

Germany’s attractiveness as a business location has taken a hit in recent years. According to the Foundation for Family Businesses’ Country Index, Germany currently ranks 18th out of 21, and it is second to last…

We estimate short-term capital-market effects of unionization efforts at publicly-listed firms and their subsidiaries in the United States between 2011 and 2019. Our short-horizon event study reports significant…

We study multi-category housing allocation problems: A set of objects, which is sorted into categories of equal size, has to be allocated to a set of individuals, such that everyone obtains exactly one object…