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…
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…
Der für die Gastronomie aktuell reduzierte Mehrwertsteuersatz soll Ende 2023 auslaufen. Allerdings wünschen sich einige Politiker/innen, Verbände und Gastwirte/-innen eine Entfristung der 7-Prozent-Regelung und…
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 from…
