The recent rise in inequality in many societies is an important topic in current social science and is of increasing concern in public policy-making (OECD 2011, Stiglitz 2012, Ostry et al. 2014). High inequality may harm the economy because credit rationing prevents the poor from investing in education and weakens innovations . Most recent findings of the OECD (2014) also point to a negative...
Influential economists argue that the recent rise in inequality in many societies is the most important problem we are facing today (OECD 2011, Ostry et al. 2014, Stiglitz 2012, Acemoglu and Robinsion 2012). This is for economic, societal, as well as political reasons. High inequality may harm the economy because credit rationing prevents the poor from investing in education and weakens...
Andreas Harasser, who worked at the department of Competition and Consumers until June 2015, has successfully defended his dissertation at Humboldt-Universität zu Berlin.The dissertation with the title „Essays on Information Asymmetry and Vertical Relations“ was supervised by Georg Weizsäcker (DIW Berlin, Humboldt-Universität zu Berlin) and Pio Baake (DIW Berlin, Technische ...
The outcome of pursuing an upper or post-secondary education degree is uncertain. A student might not complete a chosen degree for a number of reasons, such as insufficient academic preparation or financial constraints. Thus, when considering whether to invest in post-secondary education, students must factor their probability of completing the degree into their decision. We study the role of this ...
