Public Economics Department Publications

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1858 results, from 81
  • Refereed essays Web of Science

    The Role of Time Preferences in Educational Decision Making

    We analyze the implication of time-inconsistent preferences in educational decision making and corresponding policies using a structural dynamic choice model. We make two important research contributions. First, we estimate our model using data from the German Socioeconomic Panel (soep) and provide quantitative evidence for time-inconsistent behavior in educational decision making. Second, we evaluate ...

    In: Economics of Education Review 67 (2018), S. 25-39 | Daniel Kemptner, Songül Tolan
  • Refereed essays Web of Science

    The Economic Cost of Subway Congestion: Estimates from Paris

    Related to the increased encouragement of public transport (PT) by policy-makers, over-crowding in PT has become a major issue worldwide. Whilst the impact of in-vehicle crowding on individuals' travel costs has been considered, we focus on aggregate welfare losses. We apply a Pigouvian framework to the case of subways and compute the economic cost of congestion (ECC). We combine data of the 14 metro ...

    In: Economics of Transportation 14 (2018), S. 1-8 | Luke Haywood, Martin Koning, Remy Prud'homme
  • Refereed essays Web of Science

    Effectiveness of Early Retirement Disincentives: Individual Welfare, Distributional and Fiscal Implications

    In aging societies, information on how to reform pension systems is essential to policy makers. This study scrutinizes effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ administrative pension data and a detailed model of the German tax and social security system to estimate a structural dynamic retirement model. We find that ...

    In: Labour Economics 51 (2018), S. 25-37 | Timm Bönke, Daniel Kemptner, Holger Lüthen
  • Refereed essays Web of Science

    Will You Still Trust Me Tomorrow? The Causal Effect of Terrorism on Social Trust

    How do people respond to terrorist events? Exploiting the timing of the 2010 wave of the annual ‘Society Opinion Media’ survey in Sweden, we study the causal effect of the Stockholm bombings of 11 December 2010 on Swedish public opinion. Our main contribution is that we draw explicit attention to the link between terrorist events and individuals’ social trust. While we identify a strong effect on individuals’ ...

    In: Public Choice 173 (2017), 3-4, S. 289-305 | Benny Geys, Salmai Qari
  • Refereed essays Web of Science

    Fiscal Equalization and Tax Enforcement

    In many countries organized as federations, fiscal equalization schemes have been implemented to mitigate vertical or horizontal imbalances. Such schemes usually imply that the member states of the federation can only partly internalize (marginal) tax revenue before redistribution. Aside from the internalized marginal revenue, referred to as the marginal tax-back rate, the remainder is redistributed. ...

    In: German Economic Review 18 (2017), 3, S. 377-409 | Timm Bönke, Beate Jochimsen, Carsten Schröder
  • Refereed essays Web of Science

    Indirect Fiscal Effects of Long-Term Care Insurance

    Informal care by close family members is the main pillar of most long-term care systems. However, due to demographic ageing, the need for long-term care is expected to increase while the informal care potential is expected to decline. From a budgetary perspective, informal care is often viewed as a cost-saving alternative to subsidised formal care. This view, however, neglects that many family carers ...

    In: Fiscal Studies 38 (2017), 3, S. 393-415 | Johannes Geyer, Peter Haan, Thorben Korfhage
  • Refereed essays Web of Science

    Who Bears the Burden of Social Security Contributions in Germany? Evidence from 35 Years of Administrative Data

    This paper provides evidence on the question of who bears the burden of social security contributions (SSC) in Germany over a long-term horizon. Following Alvaredo et al. (De Econ, 2017) we exploit kinks in the budget set generated by a drop in the marginal SSC rate at earnings caps for health and long-term care insurance. These concave kinks lead to discontinuities in the distributions of gross earnings, ...

    In: De Economist 165 (2017), 2, S. 165-179 | Kai-Uwe Müller, Michael Neumann
  • Refereed essays Web of Science

    How Does Education Improve Cognitive Skills? Instructional Time versus Timing of Instruction

    This paper investigates two mechanisms through which education may affect cognitive skills in adolescence, exploiting a school reform carried out at the state level in Germany as a quasi-natural experiment to identify causal effects: between 2001 and 2007, years at academic-track high school were reduced by one, leaving the overall curriculum unchanged. First, I exploit the variation over time and ...

    In: Labour Economics 47 (2017), S. 216-231 | Sarah Dahmann
  • Refereed essays Web of Science

    Pension Incentives and Early Retirement

    In this paper we exploit a cohort-specific pension reform to estimate the labour market effects of changes in the financial incentives to retire. In particular, we analyse the effects of the introduction of cohort-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high-quality administrative data from the German pension insurance. ...

    In: Labour Economics 47 (2017), S. 216-231 | Barbara Engels, Johannes Geyer, Peter Haan
  • Refereed essays Web of Science

    Crowding in Public Transport: Who Cares and Why?

    Crowding on public transport (PT) is a major issue for commuters around the world. Nevertheless, economists have rarely investigated the causes of crowding discomfort. Furthermore, most evidence on the costs of PT crowding is based on trade-offs between crowding, travel time and money. First, this paper assesses discomfort with PT crowding at various density levels across heterogeneous individuals ...

    In: Transportation Research Part A: Policy and Practice 100 (2017), S. 215-227 | Luke Haywood, Martin Koning, Guillaume Monchambert
1858 results, from 81
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