Im Zuge des Übergangs zur Informationsgesellschaft vollzieht sich gegenwärtig ein tiefgreifender Wandel, der sämtliche wirtschaftlichen und gesellschaftlichen Bereiche erfaßt. Als eine treibende Kraft dieser Entwicklung wird die zunehmende Verbreitung neuer Informations- und...

We compare a discriminatory pricing regime with a non-discriminatory regime in a competitive bottleneck model where content providers endogenously sort into single or multi-homers. We find that consumer prices rise when the share of single-homers increases in the non-discriminatory case, while...

This paper studies the fact that 37 percent of the internal migrants in China do not sign a labor contract with their employers, as revealed in a nationwide survey. These contract-free jobs pay lower hourly wages, require longer weekly work hours, and provide less insurance or on-the-job...

A great deal of multinationals receive a bundle of hidden or cash subsidizes upon investing in a foreign country. Policymakers often argue that a subsidy today will help locate friends of the investor later on. Using extensive data on FDI investments, we analyze such patterns. In particular, we...