The U.S. airline industry has recently experienced a substantial consolidation trend. Three larger and several smaller mergers within the last ten years raise the immediate question after the welfare…

In the current discussion on policy measures to alleviate competitive disadvantages of unilateral climate policies, border measures are discussed as one possible instrument. The assessment of the economic…

• M&A Index Germany – Still Waiting for Recovery
• Souvereign Debt Crisis Hinders Recovery of the M&A Market
• Competition Authorities Intervene in Logistics Industry
• M&A Activities in the Commodities Sector Drop
• Banks…

• Economic Outlook for Switzerland: Broadly Unchanged
• Current Economic Situation: Balanced Assessment
• Inflation Expectations: Stabilization
• Interest Rates: More of the Same
• Stock Market: Slightly Optimistic View…

The aim of the present study is to evaluate the federal R&D program "INNO-KOM-Ost" which is supposed to support non-profit research facilities (IFE) in eastern Germany. "INNO-KOM-Ost" came into effect January 1,…

In analyzing the disparities in regional employment growth in Germany, in the recent empirical literature the so called shift-share-regression models are frequently applied. However, these models usually neglect…