The goal of this paper is to provide the elements of a unitary analytical framework that incorporates the findings of two bodies of literature which, so far, havedeveloped independently: comparative models of the political economy that distinguish between coordinated and uncoordinated market...

Europäische Sozialpolitik entwickelt sich im doppelten Spannungsverhältnis von nationaler Autonomie und Vergemeinschaftung sowie von Marktfreiheiten und sozialen Schutzrechten. Der Autor untersucht am Beispiel nationaler und europäischer Regelungen der Arbeitnehmerentsendung im...

Stringent labor laws can provide firms a commitment device to not punish short-run failures and thereby spur their employees to pursue value-enhancing innovative activities. Using patents and citations as proxies for innovation, we identify this effect by exploiting the time-series variation...

We provide empirical evidence that strong dismissal laws appear to have a positive effect on the innovative pursuits of firms and their employees. Stringent labor laws provide firms a commitment device to not punish short-run failures and thereby spur their employees to pursue value-enhancing...

This essay, to appear in Festschrift für Werner F. Ebke zum 70. Geburstag (Boris Paal, Dörte Poelzig and Oliver Fehrenbacher eds.), takes up where Jack Dawson left off in Economic Duress in French and German Law, 11 Tulane L. Rev. 345 (1937). A contract made under duress is voidable. Such was...

Stringent labor laws can provide firms a commitment device to not punish short-run failures and thereby spur their employees to pursue value-enhancing innovative activities. Using patents and citations as proxies for innovation, we identify this effect by exploiting the time-series variation...