This paper investigates price formation in the European Union Emissions Trading Scheme (EU ETS). The aim of the paper is to know what is happening to the European Union Allowance (EUA) price, when new…
Cross-section inequality increased in the last decade in Germany. Wage mobility can at least partly offset the increase in cross-section inequality and thus leads to a better understanding of inequality and…
This paper applies the concept of damage coefficients introduced in Houba and Kremers (2008) to provide an estimate of the cost of climate change - in particular the cost of changes in mean regional…
Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms…
Drawing on a large-scale German Linked Employer- Employee data set, this paper studies the extent to which employers insure workers against firm-level shocks. Particular emphasis is given to the question of…
This article summarizes the results of the evaluation of the Experimentation Clause in § 6c SGB II. In particular, it compares the success of consortia and municipal authorities to activate welfare recipients.