Um die energie- und klimapolitischen Ziele der Bundesregierung zu erreichen, müssen fossile Heiz- und Kraftstoffe stärker bepreist werden. Welche unterschiedlichen Optionen für eine CO2-Bepreisung existieren? Bei ihrer Bewertung spielen neben ökonomischen Argumenten auch die juristische und politische Durchsetzbarkeit eine Rolle.
We study the local evolution of cultural norms in West Germany in reaction to the sudden presence of East Germans who migrated to the West after reunification. These migrants grew up with very high rates of maternal employment, whereas West German families followed the traditional breadwinner-housewife model. We find that West German women increase their labor supply and that this holds within household. ...
Unternehmen investieren heute nicht mehr nur in Maschinen und Bauten, sondern zunehmend in Forschung und Entwicklung, Software und in ihre digitalen Kompetenzen. Doch bei den Investitionen in ihr sogenanntes Wissenskapital liegen die deutschen Unternehmen im internationalen Vergleich deutlich zurück. Das gefährdet die Wettbewerbsfähigkeit der deutschen Volkswirtschaft insgesamt.
This paper links banking systems development to the colonial and legal history of African countries. Specifically, we investigate the impact of differing legal traditions on the development of existing investor and creditor protection, and on African banking systems. Based on a sample of 40 African countries from 2000 to 2016, our empirical findings show a significant dependence of current financial ...
Research comparing heterosexuals with bisexuals and homosexuals in economics and the social sciences typically relies on two strategies to identify sexual orientation in existing survey data of general populations. Probing respondents to self-report their sexual orientation is generally considered the preferred option. Since self-reports are unavailable in most large multidisciplinary surveys, often ...
We use US household survey data from 2001-2017 to investigate whether monetary policy has heterogeneous effects on women's and men's financial portfolio decisions by analyzing their equity investment. On the one hand, monetary policy significantly affects the entry decisions of women, but not of men: after a contractionary shock, the probability of women entering the stock market decreases. On the ...
Many industries are seeing an increase in concentration, leading to a discussion on the effectiveness of horizontal merger enforcement. The policy debate shows that one of the key arguments put forward when supporting potential mergers is the possibility of realization of merger efficiency gains, specifically in the transport industry. Yet, there exists little empirical evidence on the actual effects ...
