The German law on co-determination at the plant level (Betriebsverfassungsgesetz) stipulates that works councilors are neither to be financially rewarded nor penalized for their activities. This regulation contrasts with publicized instances of excessive payments. The divergence has sparked a...

In Germany, there is no trade union membership wage premium, while the membership fee amounts to 1% of the gross wage. Therefore, prima facie, there are strong incentives to freeride on the benefits of trade unionism. We establish empirical evidence for a private gain from trade union membership...

We study the short- to medium-run effects of starting a career on a fixed-term contract on subsequent fertility outcomes. We focus on the career start since we expect that temporary contracts and their inherent economic uncertainty imply a path dependency which might have spill-over effects on...

We focus on a quantitative assessment of rigid labor markets in an environment of stable monetary policy. We ask how wages and labor market shocks feed into the inflation process and derive monetary policy implications. Towards that aim, we structurally model matching frictions and rigid wages...

In countries with strong employment protection laws it is often considered to be unwise to hire a woman in childbearing age because she might get pregnant. However, such labour demand e ects of job protection measures related to maternity leave are often rather anecdotal. To provide analytical...

This paper uses panel data from the UK (BHPS) and Germany (GSOEP) to investigate the wage effect of entering the labour market with a temporary job. Further than the previous literature that studied the effect of the contract type on wage dynamics in the explained part of a wage regression, we...

We investigate the effect of broad personality traits - the Big Five - on an individual's decision to become self-employed. In particular, we test an overall indicator of the entrepreneurial personality. Since we find that the level of selfemployment varies considerably across professions, we...

1 Einleitung -- 1.1 Entwicklungen im Umfeld von Anbietern einer Anlageberatung -- 1.2 Problemstellung der Arbeit -- 1.3 Ziel der Arbeit -- 1.4 Aufbau der Arbeit -- 2 Anlageberatung und Rendite aus institutionenökonomischer Sicht -- 2.1 „Konstitutive“ Elemente von Dienstleistungen -- 2.2...

Alexander Wulf betrachtet in diesem Buch mit Hilfe ökonomischer Methoden die Bedeutung des Wirtschaftsrechts für die volkswirtschaftliche Entwicklung und das Wirtschaftsleben. Um die historische und gegenwärtige Entwicklung des öffentlichen Wirtschaftsrechts, des Wirtschaftsprivatrechts und...