Mostrando recursos 1 - 2 de 2

  1. Investigating Transatlantic Merger Policy Convergence

    Szücs, Florian
    We propose a framework to examine convergence in the jurisdictional patterns of the American FTC and the European Commission. Based on a sample of 595 merger cases scrutinized by either of these agencies in the 1995 - 2007 period, we estimate logit models of the probability of intervening in a merger for both jurisdictions and use them to predict the decisions of the respectively other agency. The results point to an increasing harmonization of merger regimes and corroborate the theoretical appraisal, that the 2004 reform of EU merger law constituted a step towards the US system. (author's abstract)
    (application/pdf) - 06-sep-2017

  2. Decomposing wage discrimination in Germany and Austria with counterfactual densities

    Grandner, Thomas; Gstach, Dieter
    Using income and other individual data from EU-SILC for Germany and Austria, we analyze wage discrimination for three break-ups: gender, sector of employment, and country of origin. Using the method of Machado and Mata [2005] the discrimination over the whole range of the wage distribution is estimated. Significance of results is checked via confidence interval estimates along the lines of Melly [2006]. To narrow down the extent of discrimination both basic decomposition possibilities are compared. The economies of Germany and Austria appear structurally very similar. Especially the institutional setting of the labor markets seem to be closely comparable. One would,...
    (application/pdf) - 18-oct-2016

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