Empfehlungen zur Beschränkung von Abfindungen an vorzeitig ausscheidende Vorstandsmitglieder werden häufig nicht eingehalten. Solange Vorstandsmitglieder nicht gegen ihren Willen entlassen werden dürfen, ist eine Beschränkung der Abfindungen weder im Interesse der Unternehmen noch effizient....

Prices for energy and food are currently rising extraordinarily sharply. Households with low net incomes in particular are being burdened by the price increases, in some cases dramatically. According to current inflation forecasts, price increases for the lowest-income ten percent would mean a...

Using data on the valuation of Christmas gifts received by students in different fields at a German university, we investigate whether the endowment effect differs between students of economics and other respondents and whether it varies with the market price of the object under consideration....

Using representative micro data from the German Socio-Economic Panel Study (SOEP) for the year 2002, we analyse non-take-up behaviour of Social Assistance (SA) in Germany. According to our simulation as much as 67 percent of the eligible population did not claim SA in that year which is slightly...

Last year the German Parliament exempted biofuels from the gasoline tax. The promotion of biofuels is being justified by allegedly positive effects on climate, energy, and agricultural policy goals. The paper takes a closer look at bio-ethanol as a substitute for gasoline. We analyze the basic...

In June 2002 the German Parliament decided to exempt biofuels from the gasoline tax. The policy to promote biofuels is being justified by allegedly positive effects on the climate, energy, and agricultural policy. The working paper takes a closer look at bio-ethanol as a substitute for gasoline...

This paper analyzes the effectiveness of occupational training programs for the unemployed before and after the substantial amendments in German labor market legislation known as Hartz reforms. Based on the official evaluation of the reforms, we show that program impacts vary much across...

Many health economists demand more competition in the health care system. They focus on the competition between sickness funds for insured and the competition between health care providers for contracts with sickness funds. But they neglect the competition between health care providers for...