This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information…
How strong is the transmission of socio-economic status across generations in Latin America? To answer this question, we first review the empirical literature on intergenerational mobility and inequality of…
Die Industriepolitik rückt zunehmend in den Fokus der deutschen und der europäischen Wirtschaftspolitik. In diesem Beitrag entwickeln Hanna Hottenrott, Roman Inderst, Eckhard Janeba, Klaus Schmidt, Achim Wambach…
This paper investigates relative earnings of individuals leaving tertiary education without a degree across 18 European countries employing survey data on adult workers. We find that, on average, university…
While the importance of local characteristics for innovation activities has been studied extensively, it remains largely unknown to which extent better transport-based accessibilities facilitate innovation. This…
