The article explores the effectiveness of divestitures as a remedy for upstream horizontal mergers in vertically related markets. We argue that competition authorities ignoring the asymmetric bargaining power between upstream and downstream firms when assessing the choice of the buyer of the divested brands is likely to implement an inadequate policy. First, a small buyer with high bargaining power ...
A large group of people is unable to keep up with the increasing retirement age and remain in the workforce until retirement for health reasons. The disability pension that exists today is only suitable to a limited extent to protect this group. The decisive factor for the reduced earning capacity is not the last activity performed, but all activities "under the usual conditions of the general...
Promoting fathers to take parental leave is seen as a promising way to advancegender equality. However, there is still a very limited understanding of its impact on fathers’ labor market outcomes. We conducted a correspondence study to analyze whether fathers who take parental leave face discrimination during the hiring process in three different occupations. Fathers who took parental leave in a female-dominated ...
This paper evaluates the impact of immigration on the incidence of severe health shocks at the workplace level. Using rich linked employer-employee data from Germany and an instrumental variable leveraging policy variation, I show that firms with a higher concentration of foreign workers experience lower rates of long-term sickness among their employees. Decomposing the rates by gender and worker...
