This article provides an overview of the most important insights from economic literature on private investment into research and development activity and how it may be constrained by market failure. The focus…
The paper simulates the impact of the proposed home care allowance for children of age 13- 36 months in Germany. We use the GSOEP to estimate a discrete choice model in which parents simultaneously decide on…
German family policy underwent a reform in 2007, when the new instrument of "Elterngeld" replaced the previous "Erziehungsgeld". The transfer programs differ in various dimensions. We study the effects on the…
