Please address media inquiries to: phone: +49 345 7753-720 oremail: presse@iwh-halle.de
Team Public Relations
The German far right and the scars of reunificationOliver HoltemöllerFinancial Times, September 6, 2024
This paper investigates the consequences of technological change in the presence of non-competitive labor markets. We propose a model of technological progress where firms invest in innovation in the hope of developing new technologies.
Using a broad set of national industry trade shocks, I employ a novel approach to estimate agglomeration effects by exploiting within industry variation in indirect exposure to the other local industries’ (national) trade shocks across local labor markets.