The economic literature to date is underestimating the importance of regional price level differences. Only in the form of "rent indices" are these differences considered in relation to overall quality of life. As experimental estimates by the Federal Institute for Research on Building, Urban...

In westlichen Industrienationen besteht heute im allgemeinen ein Konsens darüber, dass die Betreuung in Kindertageseinrichtungen öffentlich subventioniert werden sollte. Weniger Klarheit besteht jedoch über die verteilungspolitischen Effekte der öffentlichen Förderung von Kinderbetreuung....

In recent years, almost all children below school age in Western industrialized countries have some experience of attending day care institutions. However, the age at which children enter day care and therefore the overall time spent in day carevaries substantially. We investigate the potential...

We provide new evidence on the impact of one severe weather shock on child height in Mongolia. Our focus is on the extremely harsh winter - locally referred to as dzud - of 2009/10, which caused more than 23 percent of the national livestock to perish. This resulted in a food insecurity...

Despite the ongoing appetite of financial investors for merchant investments into the European electricity network, the EC is reluctant to approve such undertakings, thus implicitly favoring regulated investments. Based on a two-level model, we analyze the impact of profit-maximizing merchant...