This paper analyses the determinants of peoples’ decision to purchase public transport season tickets. Based on the Deutschlandticket, it focuses on identifying primary customer groups, the role of public transport irregularities such as delays and cancellations, and behavioural inertia of repetitive purchase decisions. It builds on a panel dataset covering survey answers and GPS tracking data from ...
Competition authorities increasingly rely on economic screening tools to identify markets where firms deviate from competitive norms. Traditional screening methods assume that collusion occurs through secret agreements. However, recent research highlights that firms can use public announcements to coordinate decisions, reducing competition while avoiding detection. We propose a novel approach to screening ...
Central bank collateral policy specifies which assets banks can pledge as collateral to obtain central bank funding and is an important determinant of liquidity in the banking system. We propose a high-frequency identification approach to study the systematic effects of central bank collateral policy on banks, financial markets, and asset prices. We identify collateral policy surprises using intraday ...
October 8, 1936 – † April 4, 2026 Professor Dr. Richard Hauser passed away in early April at the age of 89. With his death, the SOEP longitudinal study loses one of its founding fathers, long-time promoters, and consistently reliable supporters. Richard Hauser, together with his colleagues from the fields of economics and sociology, launched the SOEP in the early 1980s and significantly shaped its ...
Introduction Most people want two or more children, but many do not realize their fertility desires. At the same time, recent studies suggest that up to 15% of parents regret having children. To investigate how fertility mismatch relates to well-being (i.e., affect balance, life satisfaction, family life satisfaction, and work satisfaction), this preregistered study used nationally representative cross-sectional ...