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…
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…
Die Standortattraktivität Deutschlands hat in den letzten Jahren abgenommen. Im Länderindex der Stiftung Familienunternehmen liegt Deutschland nur noch auf Platz 18 von 21, in der Kategorie Steuern sogar auf dem…