-
In this paper, I test the most basic prediction of Grossman and Hart (1986, The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration. Journal of Political Economy, 691-719): allocations of asset ownership that expose a party to ex-post expropriation reduce this party’s exante relationship-specific investments. In the empirical context of the German housing market, I find that ...
In:
Journal of the European Economic Association
11 (2013), 1, 201-227
| Georg Gebhardt
-
To identify the competitive effect of online competition, I exploit that consumers in some German municipalities lack broadband access due to legacy glass fibre cables. In these areas with reduced online competition, I find that offline employment in electronics retailing grows faster than in the control areas. I find no such differential for food retailing, where there is no online competition. Full ...
In:
International Journal of Industrial Organization
57 (2018), March 2018, 84-113
| Georg Gebhardt
-
2018,
| Nadine Evi Geiger
-
In:
Journal of Applied Economics
12 (1997), 3, 295-311
| Peter Geil, Andreas Million, Ralph Rotte, Klaus F. Zimmermann
-
We quantify the importance of precautionary labour supply defined as the difference between hours supplied in the presence of risk and hours under perfect foresight. Using the German Socio-Economic Panel from 2001 to 2012, we estimate the effect of wage risk on labour supply and test for constrained adjustment of labour supply. We find that married men choose on average about 2.8% of their hours of ...
In:
Oxford Economic Papers
70 (2018), 3, 868–891
| Robin Jessen, Davud Rostam-Afschar, Sebastian Schmitz
-
We study three budget-neutral reforms of the German tax and transfer system designed to improve work incentives for people with low incomes: a feasible flat tax reform that provides a basic income which is equal to the current level of the means tested unemployment benefit, and two alternative reforms that involve employment subsidies to stimulate participation and full-time work, respectively. We ...
In:
FinanzArchiv
73 (2017), 1, 1-41
| Robin Jessen, Davud Rostam-Afschar, Viktor Steiner
-
In:
European Union Politics
4 (2003), 2, 139-164
| David K. Jesuit
-
Luxembourg:
Luxembourg Income Study (LIS),
2008,
(Luxembourg Income Study Working Paper No. 494)
| David K. Jesuit
-
The traditional way of measuring government redistribution across countries is to compare the income households report that they receive from private sources with the income they receive after government transfers have been added and taxes and social insurance contributions deducted. Unfortunately, this conventional measure does not capture “second order” effects whereby income guarantees arising from ...
Luxembourg:
Luxembourg Income Study (LIS),
2010,
(Luxembourg Income Study Working Paper No. 546)
| David K. Jesuit, Vincent A. Mahler
-
Luxembourg:
Luxembourg Income Study (LIS),
2008,
(Luxembourg Income Study Working Paper No. 486)
| David K. Jesuit, Vincent A. Mahler, Piotr R. Paradowski