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Wettbewerbspolitik aus? Welche Aufgaben müssen noch bewältigt werden? …
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This paper analyses endogenous formation of technology sharing coalitions with asymmetric firms. Coalition partners produce complementary technology advancements, although firms do not co-operate on R&D investment level or in the product market. The equilibrium coalition outcome is either...
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policies can thus entail spill-overs, which suggest that there are benefits from international policy coordination. This paper … studies the effects of wage subsidies in an international duopoly model with unionized labour markets. The authors document … both positive and negative spill-over effects and discuss the benefits and costs from international policy coordination …
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