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Stöckli zeigen in diesem Artikel, wie die Einkommen, der Konsum und die Vermögen in Deutschland verteilt sind. Dabei erläutern …
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There are a large number of cases where corruption has been discovered investigating levels of consumption that appear to be hard to justify. Yet, in the standard moral hazard model withholding of effort by the agent is not observable to the principal. We argue that this assumption has to be...
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