Auctions with endogenous rationing are motivated by the regulatory requirement of so-called proportionality of public support and are used to allocate support for renewable energy. They reduce the auctioned…
The circumstances into which individuals are born can place fundamental constraints on their future economic opportunities, leading to a mismatch between talent, education and occupation. One major determinant…
During the post-pandemic inflation surge, many central banks used communication about the inflation outlook to limit spillovers from realized to expected inflation. We present novel survey evidence showing that…
Investments in energy technologies are substantially governed by climate policy. We demonstrate analytically that price-based instruments, such as carbon-taxes, and quantity-based regulations, like emission…
This article examines the economics of paid sick leave from both theoretical and empirical perspectives. Research on paid sick leave has evolved dynamically over the last decade, primarily driven by the spread…
Due to the relevance of digital technologies for economic prosperity, measuring their adoption is of particular importance. We show that the availability of firm website data and advances in text mining enable…