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Do Immigrants Affect Crime? Evidence from Panel Data for Germany

Maghularia, Rita; Uebelmesser, Silke - 2019

The paper analyses the empirical relationship between immigrants and crime using panel data for 391 German … interpretation of the estimates. There is no evidence that immigrants increase crime. … positive association between the immigrant rate and the crime rate. We assess the robustness of this result by considering the …

Persistent link: https://www.econbiz.de/10012052802

Optimal Social Insurance and Health Inequality

Grossmann, Volker; Strulik, Holger - 2015

This paper integrates into public economics a biologically founded, stochastic process of individual ageing. The novel approach enables us to investigate the interaction between health and retirement policy in order to quantitatively characterize the optimal joint design of the social insurance...

Persistent link: https://www.econbiz.de/10011388275

Equilibrium Search and the Impact of Equal Opportunities for Women

Coles, Melvyn G.; Francesconi, Marco - 2013

This paper develops a new equilibrium model of two-sided search where agents have multiple attributes and general payoff functions. The model can be applied to several substantive issues. Here we use it to provide a novel understanding of the separate effects of equal opportunities for women in...

Persistent link: https://www.econbiz.de/10010328800

Endogenous growth, the distribution of wealth, and optimal policy under incomplete markets and idiosyncratic risk

Clemens, Christiane; Heinemann, Maik - 2012

This paper combines the standard incomplete markets model of uninsurable idiosyncratic risks and borrowing constraints with the Arrow/Romer approach to endogenous growth to analyze the interaction of risk, growth, and inequality, the latter also endogenously determined in equilibrium. We derive...

Persistent link: https://www.econbiz.de/10010282062

Should Faustmann forecast climate change?

Gars, Johan; Spiro, Daniel - 2019

Climate change is predicted to substantially alter forest growth. Optimally, forest owners should take these future changes into account when making rotation decisions today. However, the fundamental uncertainty surrounding climate change makes predicting these shifts hard. Hence, this paper...

Persistent link: https://www.econbiz.de/10012018327

R&D-Driven Medical Progress, Health Care Costs, and the Future of Human Longevity

Böhm, Sebastian; Grossmann, Volker; Strulik, Holger - 2018

In this paper we set up an overlapping generations model of gerontological founded human aging that takes the interaction between R&D-driven medical progress and access to health care into account. We use the model to explore potential futures of human health and longevity. For the baseline...

Persistent link: https://www.econbiz.de/10011815790

Foundations for Intertemporal Choice

al-Nowaihi, Ali; Dhami, Sanjit - 2018

We consider discounted-utility models with a reference stream of outcomes. We provide a common framework for the main empirically supported discount functions in terms of three underlying functions: The delay, speedup and generating functions. Each of the delay and speedup functions can be...

Persistent link: https://www.econbiz.de/10011815806

Fragmented Landscape of European Policies in the Energy Sector: First-Mover Advantages

Govorukha, Kristina; Mayer, Philip; Rübbelke, Dirk - 2021

In order to achieve the commonly agreed emission reduction target, the European Commission developed binding national targets for each member state until 2030 and called upon the member states to submit National Energy and Climate Plans to ensure increased transparency for the respective...

Persistent link: https://www.econbiz.de/10012582156

Exploiting Symmetry in High-Dimensional Dynamic Programming

Kahou, Mahdi Ebrahimi; Fernández-Villaverde, Jesús; … - 2021

We propose a new method for solving high-dimensional dynamic programming problems and recursive competitive equilibria with a large (but finite) number of heterogeneous agents using deep learning. The „curse of dimensionality“ is avoided due to four complementary techniques: (1) exploiting...

Persistent link: https://www.econbiz.de/10012599248

Super-Additive Cooperation

Efferson, Charles; Bernhard, Helen; Fischbacher, Urs; … - 2022

Repeated interactions provide a prominent but paradoxical hypothesis for human cooperation in one-shot interactions. Intergroup competitions provide a different hypothesis that is intuitively appealing but heterodox. We show that neither mechanism reliably supports the evolution of cooperation...

Persistent link: https://www.econbiz.de/10014290043

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