This cumulative dissertation consists of three essays. The first essays with the title ‘‘The Labor Market Effect of Opening the Border: Evidence from Switzerland’’ analyses the effect of opening the labor market for workers from the European Union in Switzerland after 1999. We exploit...

It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by estimating a finite mixture regression model for three...