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Referierte Aufsätze Web of Science
Across the world, tax exemptions for jobs with low earnings intend to incite non-participating workers to rejoin the labor market. However, such tax exemptions may also have negative equilibrium effects. The German minijob tax exemption offers a convenient case to identify equilibrium effects as it applies to some but not to other low-wage jobs. We build and estimate a structural job search model with ...
In:
Labour Economics
69 (2021), 101976, 15 S.
| Luke Haywood, Michael Neumann
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Referierte Aufsätze Web of Science
This paper tests the conjecture that involuntary job loss erodes trust. Using the German Socio-Economic Panel and considering how trust evolves over a quinquennial time interval, we find that job loss decreases trust by about 9 percent of a standard deviation.
In:
Journal of Economic Psychology
84 (2021), 102369, 9 S.
| Tim Friehe, Jan Marcus
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Referierte Aufsätze Web of Science
We analyze how tariff design incentivizes households to invest in residential photovoltaic and battery storage systems, and explore selected electricity sector effects. To this end, we develop an open-source electricity sector model that explicitly features prosumage agents and apply it to German 2030 scenarios. Results show that lower feed-in tariffs substantially reduce investments in residential ...
In:
Energy Policy
152 (2021), 112168, 17 S.
| Claudia Günther, Wolf-Peter Schill, Alexander Zerrahn
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Referierte Aufsätze Web of Science
This paper analyzes the effects of bank capital regulation on the link between bank size and volatility. Using bank-level data for 27 advanced economies over the 2000–2014 period, we estimate a power law that relates the volume of a bank’s loan portfolio to the volatility of loan growth. Our analysis reveals, first, that more stringent capital regulation weakens the size-volatility nexus. Hence, in ...
In:
Journal of Banking & Finance
127 (2021), 106122, 15 S.
| Franziska Bremus, Melina Ludolph
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Referierte Aufsätze Web of Science
We study the determinants of common European merger policy over its first 25 years, from 1990 to 2014. Using a novel dataset at the level of the relevant antitrust markets and containing all relevant merger cases notified to the European Commission, we evaluate how consistently arguments related to structural market parameters – dominance, rising concentration, barriers to entry, and foreclosure – ...
In:
International Journal of Industrial Organization
76 (2021), 102720, 22 S.
| Pauline Affeldt, Tomaso Duso, Florian Szücs
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Referierte Aufsätze Web of Science
This contribution analyses early retirement in Germany and Switzerland with a focus on financial resources. Using data from CH-SILC linked to administrative records and the German SOEP, we distinguish three different financial resources: namely, pre-retirement labour income, net worth and pension entitlements. High labour income reduces the probability for early retirement. In contrast, high pension ...
In:
Advances in Life Course Research
47 (2021), 100392, 10 S.
| Ursina Kuhn, Markus M. Grabka, Christian Suter
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Referierte Aufsätze Web of Science
We study a game in which two firms compete in quality to serve a market consisting of consumers with different initial consideration sets. If both firms invest below a certain threshold, they only compete for those consumers already aware of their existence. Above this threshold, a firm is visible to all and the highest investment attracts all consumers. On the one hand, the existence of initially ...
In:
International Journal of Industrial Organization
75 (2021), 102709, 19 S.
| Renaud Foucart, Jana Friedrichsen
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Referierte Aufsätze Web of Science
We study the impact of different regulatory designs on the cost efficiency of operators providing a public service, exploiting data from the French transport industry. The distinctive feature of the study is that it considers regulatory regimes as endogenously determined choices, explained by economic, political, and institutional variables. Our approach leans on a positive analysis to study the determinants ...
In:
Journal of Regulatory Economics
59 (2021), S. 25-46
| Joanna Piechucka
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Referierte Aufsätze Web of Science
We test for the empirical relevance of partial and asymmetric dominant-currency pricing (DCP), the hypothesis that large but not necessarily identical shares of economies’ export and import prices are sticky in US dollar. We first set up a structural three-country New Keynesian dynamic stochastic general equilibrium model which nests DCP, producer-currency pricing and local-currency pricing. Under ...
In:
Journal of International Economics
133 (2021), 103537
| Georgios Georgiadis, Ben Schumann
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Referierte Aufsätze Web of Science
This study sheds light on whether the provision of information on costs, financing options, and returns of college education results in higher application and college enrollment rates. Based on a behavioral intervention with more than 1,000 high school students in Germany, we provide evidence that the provision of such information increases college application and enrollment rates, in particular for ...
In:
Journal of Economic Behavior & Organization
190 (2021), S. 524-549
| Frauke Peter, C.Katharina Spiess, Vaishali Zambre