German long-term health insurance (GLTHI) represents the largest market for private long-term health insurance contracts in the world. We show that GLTHI’s contract design coincides with the optimal dynamic…
Using data from the Internet Engineering Task Force, a vol- untary organization that develops protocols for managing Inter- net infrastructure, we estimate a dynamic discrete choice model of the decision to…
This paper analyzes whether technological change improves equality of labormarket opportunities by increasing the returns to skills relative to the returns toparental background. We find that in…
We show that in school systems with grade retention or redshirting birth cohort size is negatively related to the grade-level share of students who are too old for their grade. This compositional effect gives…
This paper analyzes how ethnic diversity affects the provision of public goods in democratic and non-democratic societies when political parties compete for voter support by offering a mix of private and public…
We study a policy introducing diagnosis related payment for inpatient mental health care in Germany with rates decreasing over length of stay. Using data on all hospital cases, we first examine which hospitals…