How does previous exposure to massive immigrant inflows affect concerns about current immigration and the integration of refugees? To answer this question, we investigate attitudes toward newcomers among natives and previous immigrants. In areas that in the 1990s received higher inflows of immigrants of German origin—so-called ethnic Germans—native Germans are more likely to believe that refugees are ...
High growth firms are high on the policy agenda as empirical evidence consistently shows that they disproportionately contribute to economic growth via net job creation. Several innovation scholars analyze how high growth entrepreneurship responds to the local enabling environment, such as institutional and framework conditions. However, the majority of these studies look at the role of formal...
We analyze mergers between strategic data intermediaries collecting consumer information that they sell to firms competing in a product market. We show that a merger: (a) reduces the intensity of competition in the product market through a change in the selling strategies of merging intermediaries; (b) increases data collection, reducing consumer surplus through a better rent extraction. We argue...
In the absence of globally coordinated action to combat climate change, governments are concerned that ambitious carbon pricing could harm the competitiveness of emission-intensive industries. A prominent measure to prevent that manufacturing producers relocate to countries with laxer environmental regulation are carbon border adjustments often referred to as carbon tariffs. Several studies have...
Advertising on e-commerce platforms, which enables third-party sellers to place their products as sponsored listings within organic results, is a widespread phenomenon, creating large revenues for online marketplaces. While economic theory suggests that advertising can serve as a signal for product quality, the empirical evidence is ambiguous. In this project, I collect data from a leading online...
This paper empirically analyses the impact of government ownership on competition. The COVID-19 pandemic and subsequent governmental equity interventions in the European airline industry provides for a particularly ideal setting to investigate this topic, and this for several reasons. First, airline markets and competition therein are well-defined and well-understood. Second, European countries...
