Leibniz ScienceCampusBerlin Centre for Consumer Policies (BCCP) Forum The Forum will bring together all BCCP fellows in law and economics who are engaged in the activities of the science campus. We will have the opportunity to learn about each other’s research during short presentations by the different partner institutions followed by open discussion. The objective of the meeting is to...
This paper aims at analyzing the interaction between financial frictions and wages. We use a large data set for Germany for 2006 to 2014 that combines administrative data on workers and wages with detailed information on firms' balance sheets. Controlling for firm characteristics and time fixed effects, we find that higher leverage (as a measure for financial frictions) implies on average lower...
