The paper investigates the evolution of wages and wage inequality in Germany based on the SOEP. Between 1994 and 2005 wage inequality, measured by the ratio of the ninetieth to tenth percentile of the wage…
Using German firm-level data, an endogenous switching regression model within a production function framework is estimated in order to explore differences in labor productivity between IT outsourcing and non-IT…
We develop a model of R&D competition between an incumbent and a potential entrant with network externalities and durable goods. We show that the threat of entry eliminates the commitment problem that an…