In international comparison, German university graduates are elder on average when they enter the labor market. Apart from the longer duration time of study at university, one fundamental reason is the long…
The Alps have long posed challenges to European transport infrastructure planners. Overcoming this immense bottleneck is only possible via arduous travels across high-altitude Alpine passes or through road and…
In a market in which firms have market power, the impact of a change in wages on labour demand is not easily determined. Indeed, if after a decrease in wages one firm chooses to increase labour demand for…
