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A fast-growing literature shows that technological change is replacing labor in routine tasks, raising concerns that labor is racing against the machine. This paper is the first to estimate the labor demand effects of routine-replacing technological change (RRTC) for Europe as a whole and at the...
Persistent link: https://www.econbiz.de/10011514667
constraints implied by political liberalism. We find that freedom of choice restricts sufficiency to rather wealthy societies and …
Persistent link: https://www.econbiz.de/10011441159
Persistent link: https://www.econbiz.de/10001701669
Recent theories suggest that consumers' search efforts are a function of prices and prices changes, respectively. This may help to explain the 'rockets and feathers' phenomenon often assigned to collusion – prices rise like rockets when costs increase and fall like feathers when costs...
Persistent link: https://www.econbiz.de/10011552530
In many markets prices react stronger to rising than to falling costs. This asymmetric cost pass-through is still not fully understood, but recent theories suggest that asymmetric adjustments of consumers' search efforts to rising and to falling prices may help to explain this. I use novel panel...
Persistent link: https://www.econbiz.de/10011983081
Social and/or political involvement within the population is often argued to enhance public sector performance. The underlying idea is that engagement fosters political awareness and interest and increases the public’s monitoring ability. Still, although extensive voter involvement may put...
Persistent link: https://www.econbiz.de/10003721737
traditional degree program has affected first-year students’ satisfaction. Three dimensions of student satisfaction are focused … upon: Student satisfaction with teaching, student satisfaction with the organization of the study programs, as well as an … compared to the traditional programs in recent years. -- Bologna ; reforms ; evaluation ; fixed effects ; student satisfaction …
Persistent link: https://www.econbiz.de/10003979072
divorce. We use three panel databases to explore this question. Controlling for the level of life satisfaction of spouses, we … find that a higher satisfaction gap, even in the first year of marriage, increases the likelihood of a future separation … in the effect of happiness gaps: couples are more likely to break-up when the difference in life satisfaction is …
Persistent link: https://www.econbiz.de/10003923100
residents, point not only to improvements in living satisfaction, but indicate also a huge potential for socio-economic cost …
Persistent link: https://www.econbiz.de/10003961564
This paper deals with the effect of (i) damage experience from extreme weather events and (ii) expectations concerning future climate change on subjective wellbeing (SWB). We use data of a large representative survey amongst German households. The effect of experienced weather events on SWB of...
Persistent link: https://www.econbiz.de/10010384641