Firm ownership is a major determinant for the economic performance of firms, and emissions of pollutants are often by-products of industrial production. We investigate the impact of ownership on pollutant…
In many countries, governments have put in place targeted programs intended to support energy efficiency investments by low-income households, but have encountered low take-up even when subsidies are high. Using…
Women are less financially literate than men and it has been difficult to determine whether this gap reflects a lack of knowledge or, rather, a lack of confidence. To address this important research question, we…
This paper shows that nineteenth-century industrialization is an essential determinant of the pronounced changes in economic prosperity across German regions over the last 100 years. Using novel data on economic…
Germany has become the second-most important destination for migrants worldwide. Using all waves from the microcensus, we study their labour market integration over the last 50 years and highlight differences to…
We explore the possibility of designing matching mechanisms that can accommodate non-standard choice behavior. We pin down the necessary and sufficient conditions on participants’ choice behavior for the…
Online platforms that implement reputation mechanisms typically prevent the transfer of ratings to other platforms, leading to lock-in effects and high switching costs for users. Platforms are able to capitalize…
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…
