Whether trade can achieve societal change is a contested topic and difficult to investigate. This round-up aims at summarizing recent empirical research on this topic while focusing on democracy and democratization as an important part of societal change. No robust results for change arising from trade can be found, but there exists an inverse causality, i.e., democratization leading to more trade...
DIW-Studie untersucht, wie sich Eigentümerstrukturen deutscher börsennotierter Unternehmen entwickelt haben – Nach der Finanzkrise haben fast alle der 25 größten deutschen Firmen im S&P Europe 350 gemeinsame Anteilseigner, meist US-Vermögensverwalter – Zunehmende Dichte der Eigentumsstrukturen wirft wettbewerbsrechtliche Fragen auf Seit der globalen Finanzkrise haben sich die Eigentümerstrukturen ...
What is the “right” geographic definition of relevant markets? We study how unexpected and exogenous increases in excise duties in petroleum products were passed-through to retail prices in the Athens region and examine how the degree of the pass-through varies across different geographic relevant markets. Using various definitions of the relevant geographic market, we find that the most...