The Takeover and Selection Effects of Foreign Ownership in Germany : An Analysis Using Linked Worker-Firm Data

We use a linked employer-employee data set from Germany to estimate the wage effect of foreign-affiliates in East and West Germany. In addition, the wage effects of the large number of West German affiliates which are located in East Germany are also considered. The implemented techniques allow us to control both for worker- and plant-level unobserved components of earnings. We find large selection effects both in terms of worker and firm unobserved components of wages. The selection effect is larger for East German plants. Once it is taken into account, the genuine takeover effect is small and in some cases insignificantly different from zero. In contrast to the selection effect, the takeover effect is slightly larger in West Germany, where it amounts to 2.7 %. -- Mit einem deutschen kombinierten Betriebs-Beschäftigten-Datensatz wird analysiert, ob Betriebe im ausländischen Eigentum höhere Löhne zahlen. Auch werden Lohndifferentiale von ostdeutschen Betrieben in westdeutschem Eigentum untersucht. Die verwendeten Schätzmethoden erlauben es, für jeweils unbeobachtbare Personen- und Betriebsheterogenitäten zu kontrollieren. Bezüglich beider Komponenten werden große Selektionseffekte gefunden, wobei diese für ostdeutsche Betriebe größer sind. Der verbleibende (wahre) Übernahmeeffekt ist gering und teilweise nicht signifikant von Null verschieden. Im Gegensatz zum Selektionseffekt ist der Übernahmeeffekt etwas größer für Westdeutschland, wo er 2,7% beträgt.foreign ownership,wages,linked employer-employee data

Declining Unions and the Coverage Wage Gap: Can German Unions Still Cut It?

That German trade unionism is in profound decline seems to be beyond dispute. More controversial is the implied change in union impact on worker wages. A linked employer-employee dataset is deployed over an interval of continuing decline in unionism to address this issue. Over the sample period 2000–2010 it is found that joining a sectoral agreement always produces higher wages, while exiting one no longer leads to wage losses if the transition is to a firm agreement. Leaving a firm agreement to non-coverage also leads to wage reductions, while joining one from non-coverage appears decreasingly favorable. The one constant is the persistence of a small positive union wage gap

Variable-delay feedback control of unstable steady states in retarded time-delayed systems

We study the stability of unstable steady states in scalar retarded time-delayed systems subjected to a variable-delay feedback control. The important aspect of such a control problem is that time-delayed systems are already infinite-dimensional before the delayed feedback control is turned on. When the frequency of the modulation is large compared to the system's dynamics, the analytic approach consists of relating the stability properties of the resulting variable-delay system with those of an analogous distributed delay system. Otherwise, the stability domains are obtained by a numerical integration of the linearized variable-delay system. The analysis shows that the control domains are significantly larger than those in the usual time-delayed feedback control, and that the complexity of the domain structure depends on the form and the frequency of the delay modulation.Comment: 13 pages, 8 figures, RevTeX, accepted for publication in Physical Review

Indicative and Updated Estimates of the Collective Bargaining Premium in Germany

This study provides updated evidence on the union contract differential in Germany using establishment-wide wage data and two estimation strategies. It provides pairwise estimates of the union differential based on separate samples of collective bargaining leavers and joiners vis-à-vis the corresponding counterfactual groups. It is reported that average wages increase by 3 to 3.5 percent after entering into a collective agreement and decrease by 3 to 4 percent after abandoning a collective agreement. Excluding establishments that experience mass layoffs little influences these net findings, although such establishments record wage losses – statistically insignificant for joiners but up to 10 percent in the case of leavers, as compared with the counterfactuals. The backdrop to these new indicative estimates, which are properly conditioned on establishment size and industry affiliation, inter al., is one of wage stagnation and continuing union decline

Control of unstable steady states by time-delayed feedback methods

We show that time-delayed feedback methods, which have successfully been used to control unstable periodic ortbits, provide a tool to stabilize unstable steady states. We present an analytical investigation of the feedback scheme using the Lambert function and discuss effects of both a low-pass filter included in the control loop and non-zero latency times associated with the generation and injection of the feedback signal.Comment: 8 pages, 11 figure

Reduction of D-dimer levels after therapeutic administration of antithrombin in acquired antithrombin deficiency of severe sepsis

INTRODUCTION: In acute disseminated intravascular coagulation, the effect of antithrombin (AT) administration on elevated levels of D-dimer is not well established. In the present study, we report on changes in circulating levels of D-dimer in response to administration of AT in a series of patients with acquired AT deficiency due to severe sepsis. METHODS: Eight consecutive critically ill medical patients presenting with acute disseminated intravascular coagulation associated with severe sepsis/septic shock received a single bolus infusion of AT over 30 minutes, aiming to achieve physiological AT levels. Haemostatic parameters including D-dimer were assessed prior to, 6 and 24 h after AT administration. An average of 42 ± 9 U/kg body weight was infused. RESULTS: Following AT substitution, elevated levels of D-dimer fell whereas AT levels rose. CONCLUSION: These observations support the notion that AT can favourably affect fibrin degradation accompanying disseminated intravascular coagulation of severe sepsis

Effects of Surface Coatings on the Joint Formation During Magnetic Pulse Welding in Tube-to-Cylinder Configuration

Magnetic Pulse Welding (MPW) is a joining technique favorable for the generation of strong atomic bonded areas between different metals, e.g. aluminum and steel. Brittle intermetallic phases can be avoided due to the high-speed collision and the absence of external heat. The demand for the use of this technique in industries like automotive and plant engineering rises. However, workpieces used in these fields are often coated, e.g. in order to improve the corrosion resistance. Since the weld quality depends on the material’s behavior at the collision zone, surface layers in that region have to be taken into account as well. This work investigates the influences of different coating types. Aluminum to steel welding is used as an example system. On the inner steel part (C45) coatings like zinc, nickel and chrome are applied, while the aluminum flyer tubes (EN AW-6060) are anodized, chromated and passivated. Welding tests are performed using two different welding systems with varying discharging frequencies and four geometrical part setups. For all combinations, the flyer velocity during the process is measured by Photon Doppler Velocimetry (PDV). By using the uncoated material combination as a reference, the removal of surface layers due to jetting is analyzed. Finally, the weld quality is characterized in peel tests, shear-push tests and by the help of metallographic analysis. It is found that certain coatings improve the joint formation, while others are obstructive for the performance of MPW. Some coatings have no influence on the joining process at all

Gadopentetate but not gadobutrol accumulates in the dentate nucleus of multiple sclerosis patients

BACKGROUND: Previous studies have postulated an association between dentate nucleus T1 hyperintensity and multiple sclerosis (MS)-related progressive neurodegeneration. Therefore, MS patients have been excluded from most studies investigating brain deposition of gadolinium-based contrast agents (GBCAs). OBJECTIVE: To study the hypothesis that dentate nucleus T1 hyperintensity in MS patients is associated with GBCA administration. METHODS: In a cohort of 97 MS patients, the dentate-to-pons signal intensity ratio (DPSIR) was calculated for 265 consecutive T1-weighted magnetic resonance (MR) scans (including sessions with and without the administration of GBCA). Patients exclusively received either gadopentetate dimeglumine (Gd-DTPA, linear) or gadobutrol (Gd-BT-DO3A, macrocyclic). RESULTS: In patients receiving Gd-DTPA, DPSIR increased significantly between the first and the last scan (+0.009, p < 0.001), and following magnetic resonance imaging (MRI) with Gd-DTPA administration as compared to following an MRI without Gd-DTPA administration (+0.005 vs -0.001; p = 0.022). Additionally, there was a positive linear relationship between the number of Gd-DTPA administrations and the increase in DPSIR (p = 0.017). No DPSIR increase was observed after Gd-BT-DO3A administration. CONCLUSION: Dentate nucleus T1 hyperintensity in MS patients is associated with Gd-DTPA (but not Gd-BT-DO3A) administration, suggesting an alternative explanation for the association of T1 hyperintensity with disease duration and severity

Influence of the Wall Thicknesses on the Joint Quality During Magnetic Pulse Welding in Tube-to-Tube Configuration

The implementation of multi-material concepts, for example, in automotive engineering or aerospace technologies, requires adequate joining techniques. The Magnetic Pulse Welding (MPW) process allows for joining both similar and dissimilar materials without additional mechanical elements, chemical binders, or adverse influences of heat on the joining partners. In this process, an electro-conductive at (‘flyer’) part is accelerated by Lorentz forces and impacts the inner (‘parent’) part under high velocity and high pressure, leading to the formation of a metallurgical joint. Besides joining of sheets and tubes to solid cylinders, the connection of two tubes is of particular interest due to the increased lightweight potential. The present paper focuses on the MPW of aluminum (EN AW-6060) to steel (C45) tubes. An experimental study was performed, in which the wall thickness of the parent part was reduced successively. The deformation behavior of both the flyer and parent parts was recorded during the experiments by a two-probe Photon Doppler Velocimeter (PDV). The final shape of the joined specimens was analyzed by a 3D digitizer. An instrumented peel test was used for the determination of the weld quality. It was found that defect-free MPW of aluminum tubes on steel tubes without supporting mandrel is possible

Influence of the Free Compression Stage on Magnetic Pulse Welding of Tubes

In magnetic pulse welding (MPW) of tubular parts, the acceleration of the ‘flyer’ part typically corresponds to a free electromagnetic compression (EMC) process over the distance of the initial standoff between the outer and inner tube. During this process stage, already significant plastic strains occur. In addition, wrinkling is a phenomenon frequently observed during EMC. In this manuscript, influencing factors on the wrinkling effect are identified, taking the initial geometry of the flyer tube and its manufacturing process into account. Moreover, a link between the strains and wrinkles caused by the tube compression and the MPW process is made. An experimental study is performed aiming for the quantification of the plastic deformation during EMC. The effect of this deformation on the stability and adhesion of brittle surface layers is analyzed. Accompanying numerical simulations help to understand the wrinkle formation and its influencing factors. Based on the results, hints for an improved process design of MPW are given