Summary This paper contributes to the literature on the determinants of children’s human capital by analyzing the effects of birth order in Germany. These effects are typically attributed to sibling rivalry for parental resources. For our analysis we use data collected as part of the German...

Summary This paper contributes to the literature on the relationship between culture and socio-economic outcomes by examining the importance of family specific fertility culture for fertility outcomes. Family specific fertility culture is defined as systematic component in fertility preferences...

Abstract Counterfeit prevention is a major concern for central banks. In search of effective policy measures, it is often claimed that a clean banknote circulation helps the general public to more easily detect counterfeits. To examine this claim, we conducted an experimental study with 250...