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substitutable with manufactured goods and often exhibit considerably lower growth rates. Theory has shown that we should either … is scarce. We provide first comprehensive country-specific evidence, taking Germany as a case study. We estimate growth … studies in Germany. We find that the relative price of ecosystem services has increased by more than four percent per year in …
Persistent link: https://www.econbiz.de/10013168021
This study is the first to estimate mother's marginal willingness to pay (MWP) for job amenities directly. Its identification strategy relies on German maternity leave length. The key aspect of the maternal leave framework is that mothers can decide whether and when to return to their guaranteed...
Persistent link: https://www.econbiz.de/10003872318
Overall, 72 subjects invest their endowment in four risky assets. Each com-bination of assets yields the same expected return and variance of returns. Illusion of expertise prevails when one prefers nevertheless the self-selected portfolio. After being randomly assigned to groups of four...
Persistent link: https://www.econbiz.de/10011408429
We examine whether parties punish politicians who vote against the party line in roll-call votes. Using data of German members of parliament over the legislative period 2009-2013, we take into account that the effect of punishment differs along the list of candidates because a candidate is...
Persistent link: https://www.econbiz.de/10011659465
the church levy, which the Catholic Church in Germany collects as a charitable donation, despite the fact that the levy is …
Persistent link: https://www.econbiz.de/10011509266
World Cup finals were the first mega-event hosted by reunified Germany. We use this landmark event in German contemporary … history to investigate how the integration of the two parts of Germany progressed after 18 years of reunification. We still …
Persistent link: https://www.econbiz.de/10003818015
considerably larger in the second version. -- willingness to pay ; QALY ; survey ; Germany ; EuroVaQ …
Persistent link: https://www.econbiz.de/10009743820
We study the endowment effect and expectation-based reference points in the field leveraging the setup of the Socio-Economic Panel. Households receive a small item for taking part in the panel, and we randomly assign respondents either a towel or a notebook, which they can exchange at the end of...
Persistent link: https://www.econbiz.de/10013472430
This paper studies the role of job search assistance programs in optimal welfare-to-work programs. The analysis is based on a framework, that allows for endogenous choice of benefit types and levels, wage taxes or subsidies, and activation measures such as monitoring and job search assistance...
Persistent link: https://www.econbiz.de/10003923505
Carlo experiments, where we also study the estimation of the aggregate effects of micro and macro shocks. The paper … concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to …
Persistent link: https://www.econbiz.de/10009010169