We investigate patterns in common ownership networks between firms that are active in the U.S. pharmaceutical industry for the period 2004–2014. Our main findings are that “brand firms”—that is, firms that have research and development capabilities and launch new drugs—exhibit relatively dense common ownership networks with each other that further increase significantly in density over time, whereas ...
Employment agencies aim to match individuals to appropriate jobs. There are public and private employment agencies, which co-exist in many countries. Selection effects may be relevant in the sense that private agencies potentially engage in ‘cream-skimming’ by prioritizing highly qualified workers. The resulting job match quality is also important from an individual, a firm, and a society perspective. ...
Sowohl Löhne als auch bedarfsgewichtete Haushaltseinkommen sind im Zeitraum 2013 bis 2018 real um gut zehn Prozent gestiegen. Hiervon profitierten alle Einkommensgruppen. Die Ungleichheit der Löhne ist seit mehreren Jahren rückläufig und liegt wieder auf dem Niveau wie zu Beginn der 2000er Jahre. Parallel dazu ist der Niedriglohnsektor um zwei Prozentpunkte geschrumpft. Anders verhält es sich bei den ...
Both wages and needs-adjusted household income increased by ten percent between 2013 and 2018, benefiting all income groups. Wage inequality has been declining for many years and has now again reached the level of the early 2000s. At the same time, the low-wage sector shrank by two percentage points. Household income inequality, in contrast, has hardly changed for many years and the low-income rate ...
This paper contributes to the debate on the internationalization of the R&D activity of multinational enterprises (MNEs). Specifically, we examine the following research questions: (1) What are the determinants of the MNEs’ R&D internationalization level? (2) What types of internationalization strategies—home-base-augmenting (HBA), home-base-exploiting (HBE), technology-seeking (TS), and/or market-seeking ...
Die Covid-19-Pandemie hat das Leben vieler Menschen negativ beeinflusst. Auf Basis einer Sonderbefragung des Sozio-oekonomischen Panels (SOEP-CoV) zeigt sich, dass die Pandemie die rund 4,2 Millionen Selbstständigen in Deutschland im Vergleich zu den abhängig Beschäftigten stärker getroffen hat. Dabei besteht ein deutlicher Gender Gap: Während 47 Prozent der selbstständigen Männer Einkommensverluste ...