Wage inequality has risen in many countries over recent decades. At the same time, production has become increasingly concentrated in "superstar" firms. In this paper, we show that these two phenomena are linked. Theoretically, we show that shocks that increase concentration, such as an increase...

In context with the Eastern enlargement of the European Union, this research deals with the effects of pre- and post-enlargement integration policies on industry concentration and regional development in Hungary. Economic processes are analysed empirically and by means of regression analyses...

In the European Union, unemployment rates differ markedly across regions, both within and across nations. This study presents a coherent theoretical approach to explain the emergence and persistence of such regional unemployment disparities. The analysis builds on the wage curve literature, and...

Der Trend zu Do-It-Yourself (DIY) und offenem Wissensaustausch in Online-Communities fordert etablierte Institutionen heraus. Auch in avancierten Bereichen der Forschung und Entwicklung gelingt es alternativen Projektgemeinschaften inzwischen, Technologien und Wissen kostengünstiger und...