Marcel Mauss wrote in 1923 in his essay The Gift that he had "found one of the rocks on which our societies rest" in the motifs of the exchange of gifts. This thesis still raises questions today: How does…
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.
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…
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…
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…
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…
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…
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…
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…
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…