Labour market developments in the Euro area diverged significantly since 2008. Economic literature frequently refers to labour mobility as pillar for the functioning of currency areas. Applying the CGE model PuMA, we quantitatively analyse to what extent labour mobility can contribute to...

This Research Paper contains a documentation of extensions of the dynamic computable general equilibrium model PuMA to implement energy and greenhouse gas emissions (GHG). The documentation of the PuMA model is published in EcoAustria Research Paper No. 11. Up to now, the model was applied to...

We empirically investigate if tournaments between heterogeneous contestants are less intense. To test our hypotheses we use professional sports data from the TOYOTA Handball-Bundesliga, the major handball league in Germany. Using either differences in betting odds or rankings to measure ability...