This article examines the German Pfandbrief ('covered bond') as an example of the banking practice of 'originate to hold' by which mortgage debts are retained on the balance sheet of the originator and not sold on to a third party such as an investor or hedge fund. The global financial crisis...

Die gegenwärtige Verteilung von Flüchtlingen in Deutschland auf der Grundlage von Steueraufkommen und Bevölkerungszahl wird weithin als integrationspolitisch suboptimal angesehen. Das vorliegende Thünen-Workingpaper leistet zu dieser Diskussion einen Beitrag, indem es die...

The East-West gap in the German population is believed to originate from migrants escaping the socialist regime in the German Democratic Republic (GDR). We use newly collected regional data and the combination of a regression discontinuity design in space with a difference-in-differences...

The East-West gap in the German population is believed to originate from migrants escaping the socialist regime in the German Democratic Republic (GDR). We use newly collected regional data and the combination of a regression discontinuity design in space with a difference-in-differences...