While quantifying the foreign ownership premium has received a lot of attention in the empirical literature, there is only little known about productivity variations between foreign affiliates of multinational firms. In order to enhance the understanding of the economic causes of this...

Vor drei Jahren widmete sich die Konrad-Adenauer-Stiftung in einer zusammenfassenden Metastudie der Frage nach der Stabilität der Mittelschicht in Deutschland. Die Studie kam zum Ergebnis, dass von einer Schrumpfung oder gar Erosion der Mittelschicht, anders als bei anderen Studien oder...

This study assesses the determinants of location choices of foreign multinational firms at the level of German federal states. Adjacency and existing firm networks are assumed to influence the investors' profits in a given location by overcoming informational disadvantages when entering the new...