Showing 1 - 10 of 39
For policy reforms to increase a society's welfare, reliable information on people's prefer-ences and expectations is crucial. Representative opinion polls, often involving simplified questions about the complex topics under debate, are an important source of information for both policy-makers...
Persistent link: https://www.econbiz.de/10005013952
The purpose of this paper is to evaluate the efficiency of the East German economy at the firm level using an … efficiency in eastern and western Germany. The results indicate that firms in eastern Germany are significantly less efficient …-level efficiency. …
Persistent link: https://www.econbiz.de/10005181620
We apply German Mikrozensus data for the period 1996 to 2004 to investigate the employment status of mothers. Specifically, we ask whether there are behavioral differences between mothers in East and West Germany, whether these differences disappear over time, and whether there are differences...
Persistent link: https://www.econbiz.de/10008671706
A major theme in accounts of the transitional recession and delayed convergence in post-communist economies is the role of institutions. Yet via unification, East Germany had immediate access to credible, high quality institutions. This paper argues that success in a capitalist economy depends...
Persistent link: https://www.econbiz.de/10008671711
This paper questions the widely applied parallelism of demographic and economic development in characterizing urban shrinkage in Germany, and argues that the usage of population change as a single indicator leads to incorrect policy recommendations for combating urban shrinkage. As the cases of...
Persistent link: https://www.econbiz.de/10011165506
, allows us estimating the socio-demographic determinants of retail profitability. Using a simulation model, we are able to … predict the development of bank profitability due to demographic shifts up to 2025. One of the main findings is that the … the population reduces the customer base, ageing per se increases profitability as older customers typically generate …
Persistent link: https://www.econbiz.de/10008534055
workers forgo profits by submitting to their tastes. In a competitive market their firms lack efficiency and are therefore …
Persistent link: https://www.econbiz.de/10008572488
We scrutinize the scope of auctions in the presence of downstream interactions and information externalities by using the topical example of a firm acquisition. We show that no mechanism exists that allows an investor to acquire a low-cost firm under incomplete information: a separating auction...
Persistent link: https://www.econbiz.de/10011205382
We present an analysis of the share of public ownership in the product market in the OECD countries from 1974 to 2007. Despite much has been said on the broad topic of reforms and regulation, a sector-specific insight is missing. We replicate the analysis of Galasso (2014) by sector of activity...
Persistent link: https://www.econbiz.de/10010948843
The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in which firms are free to enter the market and to choose...
Persistent link: https://www.econbiz.de/10005765762