Das Neun-Euro-Ticket war eines der größten Verkehrsexperimente der letzten Jahrzehnte. Was hat dieses Experiment bewirkt? Um dies zu beantworten, wurde die vierte Panel-Welle von repräsentativen Befragungsdaten ausgewertet, die im Rahmen des Projekts MOBICOR ("Mobilität in Zeiten der...

We characterize policy interventions directed to minimize the cost to the deposit guarantee scheme and the taxpayers of banks with legacy problems. Non-performing loans (NPLs) with low and risky returns create a debt overhang that induces bank owners to forego profitable lending opportunities....

We analyze a large merger in the Dutch banking market during the financial crisis using disaggregated data. Based on a merger simulation model, we evaluate merger-induced changes in the interest rates for savings accounts. We find that the merging banks decreased interest rates by 3 to 5 percent...