Gewöhnlich beschreibt Influencer Marketing den Testimonialeinsatz von Social Media-Akteuren in der Produkt- und Markenkommunikation mit dem Ziel, deren Popularität, ihre Multiplikatorfunktion sowie ihren Einfluss auf die Meinungsbildung zu nutzen, um Einstellungen und Kaufentscheidungsprozesse...

In a common market with costless mobility of all factors, regional governments can attract mobile firms by granting subsidies which must be financed out of wage taxes on mobile labour. Since firms locate where subsidies are highest and workers settle where taxes are lowest, government are forced...

Economic theory predicts that military conscription is associated with static inefficiencies as well as with dynamic distortions of the accumulation of human and physical capital. Relative to an economy with an all-volunteer force, output levels and growth rates should be lower in countries that...

Concert etiquette demands that audiences of classical concerts avoid inept noises such as coughs. Yet, coughing in concerts occurs more frequently than elsewhere, implying a widespread and intentional breach of concert etiquette. Using the toolbox of (behavioral) economics, we study the social...

Government-run entities are often more labor-intensive than private companies, even with identical production technologies. This need not imply slack in the public sector, but may reflect a wage tax advantage, stemming from the fact that government entities (partly) pay their taxes to...

We call an agent skewness affine if and only if his marginal willingness to accept a risk increases when the distribution of the risk becomes more skewed to the right. Skewness affinity is shown to be equivalent to the marginal rate of substitution between mean and variance of wealth being...

We investigate optimal taxation of lifetime income with and without an emigration option during old age. The government sets the rates of deferred taxation and of possibly reduced taxation of interest. If agents are immobile, the optimal policy consists in full deferral of income taxes on...

We augment a standard tax model by concerns about tax equity: people get upset when labour is taxed more heavily than capital. Even the slightest concern for tax equity invalidates the common recommendation for small open economies that capital should remain tax-exempt. This holds for exogenous...