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Trade uncertainty, economic policy uncertainty and shipping costs
We examine how trade and policy uncertainty affect shipping freight rates, using a Bayesian Vector Autoregression (BVAR) model. Trade uncertainty has a strong effect on shipping... -
Trade and the Size Distribution of Firms: Evidence from the German Empire
What effect did trade have on the size distribution of firms during the first wave of globalization? Three historical datasets from the German Empire between 1875 and 1907 were... -
Do Political Parties Matter? - Evidence from German Municipalities
We assess whether the partisanship of local councils affects the level and composition of local public spending by German municipalities. Our identification strategy exploits... -
Did the German minimum wage reform influence (un)employment growth in 2015? E...
Using the variation across space, age and sex and the variation across space and sectors, we analyze the relationship between the minimum wage and (un-)employment growth in...
