This article focuses on the role of unionized members of the parliament. Referring to the famous study by Freeman and Medoff (1984) and considering the more recent literature we first review unions' political power at the example of the US. We conclude that trade unions have not been very...

This article focuses on the role of unionized members in parliament. Unions have not been successful in increasing their monopoly power during the last decades in the US. Similarly, a recent study for Germany comes to the result that union members in the Bundestag cannot be seen as the...

While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...

While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...

While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...

This article focuses on the role of unionized members of the parliament. Referring to the famous study by Freeman and Medoff (1984) and considering the more recent literature we first review unions’ political power at the example of the US. We conclude that trade unions have not been very...

This article focuses on the role of unionized members in parliament. Unions have not been successful in increasing their monopoly power during the last decades in the US. Similarly, a recent study for Germany comes to the result that union members in the Bundestag cannot be seen as the...

While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...

While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...

In the course of the ongoing process of climate change, natural disasters like storms, floods and droughts become more likely and/or more severe. While there is a growing macroeconomic literature on the growth-effects of natural disasters, little is yet known about the microeconomic channels...