This paper explores the role of immigrant employees for a firm's capability to absorb international knowledge. Using matched employer-employee data from Denmark for the years 1999 to 2009, we are able to show that non-Danish employees from technological advanced countries contribute...

In recent years, foreign labour has become an essential issue in Western Europe. Recent research suggests that foreign labour has implications for regional growth patterns and employment opportunities of native workers. Yet, few studies go into the dimension of the regional determinants of...

In East Germany a profound demographic change has been taking place that manifests itself in the shrinkage and the aging of the population. One major cause is the drop in the East German fertility rates by about half directly after the reunification of Germany in 1990. In no other countries of...

We analyze whether a principal s decision to layoff an agent affects the performance of the surviving agents. To study the impact of the decision in isolation, we conducted an experimental principal-agent game. We find that agents reduce their performance by 37% as a response to the decision....