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Consumers often cannot judge the quality of goods and services at the time of the purchase decision. The goodwill model explains how the market participants deal with this problem. It makes a distinction between markets for search goods, experience goods and credence goods. In markets for...
Persistent link: https://www.econbiz.de/10013154499
externalities arising from the regional share of highly qualified workers. Employing the regional number of public schools and of … students as instrumental variables the paper shows that human capital externalities are underestimated in ordinary panel …. An analysis by sector reveals that human capital externalities are more pronounced in manufacturing than in the service …
Persistent link: https://www.econbiz.de/10009373720
externalities arising from the regional share of highly qualified workers. Employing the regional number of public schools and of … students as instrumental variables the paper shows that human capital externalities are underestimated in ordinary panel …. An analysis by sector reveals that human capital externalities are more pronounced in manufacturing than in the service …
Persistent link: https://www.econbiz.de/10009373723
panel data it shows that regional wage differentials are partly attributable to localized human capital externalities … as instrumental variables, the paper shows that human capital externalities are underestimated in ordinary panel … human capital externalities are more pronounced in manufacturing than in the service sector. We find indication that highly …
Persistent link: https://www.econbiz.de/10003849359
externalities arising from the regional share of highly qualified workers. Employing the regional number of public schools and of … students as instrumental variables the paper shows that human capital externalities are underestimated in ordinary panel …. An analysis by sector reveals that human capital externalities are more pronounced in manufacturing than in the service …
Persistent link: https://www.econbiz.de/10012712781
Previous studies have found that generalized trust positively affects innovation at the country and regional level. We extend this literature by arguing that there are four reasons to believe that the trust-innovation relationship is heterogeneous across geographic space. First, there is a...
Persistent link: https://www.econbiz.de/10014444755
Es wird ein liberaler Ansatz zum Umgang mit der aktuellen Corona-Pandemie vorgestellt, der mehr auf individuellen Entscheidungen und Eigenverantwortung setzt als auf staatliche Vorgaben und Zwang, die weder besonders effektiv noch effizient sind. Die Anwendung dieses Ansatzes wird für...
Persistent link: https://www.econbiz.de/10012427355
The German energy transition repeatedly faces harsh critiques questioning its economic and environmental merit. This article defends the Energiewende and argues that Germany has chosen a rational and particularly forceful approach to securing sustainable energy supply. Though current...
Persistent link: https://www.econbiz.de/10010310459
The German energy transition repeatedly faces harsh critiques questioning its economic and environmental merit. This article defends the Energiewende and argues that Germany has chosen a rational and particularly forceful approach to securing sustainable energy supply. Though current...
Persistent link: https://www.econbiz.de/10010954193
Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...
Persistent link: https://www.econbiz.de/10014203865