Rapid technological developments in online markets fundamentally change the relationship between consumers and sellers. Online platforms can easily gather data about consumers’ search behavior, allowing for…
Climate change increasingly affects businesses in many ways. This paper analyses the link between the way and extent a firm faces economic consequences of climate change on the one hand, and the firm's…
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…
Healthcare systems worldwide face increasing nurse shortages, but the consequences remain poorly understood. This paper studies how nurse scarcity in hospitals affects care provision and patient health. I…