1. Refereed Journal // 2021

    Fiscal and Individual Rates of Return to University Education with and without Graduation

    Based on a detailed model of the German tax-benefit system, this paper simulates private and fiscal returns to education for college graduates and college dropouts.

  2. Refereed Journal // 2021

    Demographic Change and Regional Labour Markets

    Like many other countries, Germany has experienced rapid population and workforce ageing, yet with substantial variation across regions. In this paper we first use this spatial variation between 1975 and 2014 to…

  3. Refereed Journal // 2021

    Products liability, consumer misperceptions, and the allocation of consumers to firms

    This article shows that insulating market outcomes from consumers' misperceptions about product risk by compensating them fully for harm is not necessarily socially optimal. When firms offer products with…

  4. Refereed Journal // 2021

    The Evolution of Inequality of Opportunity in Germany: A Machine Learning Approach

    We show that measures of inequality of opportunity (IOP) fully consistent with Roemer (1998)'s IOP theory can be straightforwardly estimated by adopting a machine learning approach, and apply our novel method to…

  5. Refereed Journal // 2021

    Experimental evidence of limited attention at the gym

    In a randomized field experiment, we show that a low-cost intervention, weekly email reminders, increases the weekly exercising frequency of gym members by 13%, with the effect being larger for class…

  6. Refereed Journal // 2021

    Attitudes towards Euro Area Reforms: Evidence from a Randomized Survey Experiment

    We present the first evidence on public attitudes towards two prominent euro area reform proposals (European Unemployment Benefit Scheme and Sovereign Insolvency Procedure) and assess potential impediments to…

  7. Refereed Journal // 2021

    Negotiating Weights for Burden Sharing Rules in International Climate Negotiations: An Empirical Analysis

    We have collected data from a world-wide survey among COP delegates to empirically investigate preferences for certain burden sharing rules among key groups in a setting that reflects the possibility of…

  8. Refereed Journal // 2021

    The Effectiveness of a Large-scale Flood Risk Awareness Campaign – Evidence from Two Panel Data Sets

    In the context of integrated flood risk management, governments and public agencies aim to strengthen flood risk reduction and insurance at the household level. They often employ awareness campaigns in order to…

  9. Refereed Journal // 2021

    Optionality and Selectiveness in Innovation

    We use data from the European Community Innovation Survey to quantitatively explore how firms that discontinue innovation projects differ from firms that do not. Complementing prior literature centered on the…

  10. Refereed Journal // 2021

    Competition, Collusion and Spatial Sales Patterns – Theory and Evidence

    This article studies competition in markets with transport costs and capacity constraints. Using a rich micro-level data set of the cement industry in Germany, we study a cartel breakdown to identify the effect…