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Referierte Aufsätze Web of Science
Artificial Intelligence has the potential to improve human decisions in complex environments, but its effectiveness can remain limited if humans hold context-specific private information. Using the empirical example of antibiotic prescribing for urinary tract infections, we show that full automation of prescribing fails to improve on physician decisions. Instead, optimally delegating a share of decisions ...
In:
Quantitative Marketing and Economics
22 (2024), S. 445–483
| Michael Allan Ribers, Hannes Ullrich
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Referierte Aufsätze Web of Science
People have a need to form and maintain fulfilling social contact, yet they differ with respect to with whom they satisfy the need and how quickly this need is deprived or overly satiated. These social dynamics across relationships and across time are theoretically delineated in the current article. Furthermore, we developed a questionnaire to measure individual differences in three aspects of such ...
In:
Current Psychology
43 (2024), S. 20899–20919
| Cornelia Wrzus, Yannick Roos, Michael D. Krämer, David Richter
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Referierte Aufsätze Web of Science
This paper investigates the effects of survivor benefits (SB) on the labour supply of widows. Using richadministrative data on the Dutch population and a reform that considerably restricted eligibility to SB, weidentify the causal effect of SB on labour supply. Using a regression discontinuity design strategy based onthe cohort-based implementation of the reform, we show that labour income after spousal ...
In:
Labour Economics
88 (2024), 102527, 14 S.
| Simon Rabaté, Julie Tréguier
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Referierte Aufsätze Web of Science
We estimate a dynamic structural model of labor supply, retirement, and informal caregiving to study short and long-term costs of informal caregiving in Germany. Incorporating labor market frictions and the German tax and benefit system, we find that in the absence of Germany’s public long-term insurance scheme, informal elderly care has adverse and persistent effects on labor market outcomes and, ...
In:
Journal of Health Economics
96 (2024), 102884, 21 S.
| Thorben Korfhage, Björn Fischer-Weckemann
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Referierte Aufsätze Web of Science
We examine how the gender of business owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is—starting from a gender pay gap of 11 to 12%—two to three percentage points lower for hourly wages in female-owned firms than in male-owned firms. Results are robust to how ...
In:
Journal of Population Economics
37 (2024), Art. 52, 31 S.
| Alexander S. Kritikos, Mika Maliranta, Veera Nippala, Satu Nurmi
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Referierte Aufsätze Web of Science
In this paper, we model a fossil fuel embargo as a temporary quantity constraint on fossil fuel imports and wecompare the impact with the effect of a fossil fuel price shock. We show that while both shocks have similar responses of output and inflation, they differ with respect to the reaction of other macroeconomic components,such as consumption, exports and the trade balance. In particular, an embargo ...
In:
Energy Economics
132 (2024), 107419, 20 S.
| Marius Clemens, Werner Röger
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Referierte Aufsätze Web of Science
We study the relationship between crowding and performance in the active mutual fund industry. Using the equity holdings overlap of 17,364 global funds, we find that funds that crowd into the same stocks underperform passive benchmark funds by 1.4% per year. The negative returns to crowding can at least in part be explained by excess demand for liquidity and the associated discount for holding liquid ...
In:
Journal of Banking & Finance
164 (2024), 107202, 17 S.
| Tanja Artiga Gonzalez, Teodor Dyakov, Justus Inhoffen, Evert Wipplinger
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Referierte Aufsätze Web of Science
Although maritime cabotage emits comparatively less CO2 per tonne kilometre than other means of transportation, the potential contribution of Brazil’s cabotage policy toward tackling climate change remained largely unexplored throughout its legislative process. Hence, to gather insights into how climate change can be integrated into sectoral policies, we apply Kingdon’s Multiple Streams Framework (MSF) ...
In:
Case Studies on Transport Policy
16 (2024), 101183, 8 S.
| Camila Yamahaki, Gustavo Velloso Breviglieri, Heiner von Lüpke
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Referierte Aufsätze Web of Science
Driven by the motivation to raise the ambition level of climate action and to foster the transformation of economies, current climate policy discourse revolves around ways to improve cooperation between industrialized countries and emerging economies. We identify three broad types of initiatives—multilateral-cross sectoral, multilateral, sector specific, and climate and development partnerships—and ...
In:
International Environmental Agreements
24 (2024), S. 289–308
| Heiner von Luepke, Karsten Neuhoff, Catherine Marchewitz
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Referierte Aufsätze Web of Science
We provide an auction-theoretical analysis of Green Public Procurement (GPP) as a preferential program aimed at stimulating investment in green technologies. We find that GPP incentivizes more competitive firms to invest. We also show that GPP can be an optimal mechanism for a procurer who cares about minimizing the purchasing price while triggering green investment.
In:
Economics Letters
238 (2024),111705, 4 S.
| Olga Chiappinelli, Gyula Seres