This study examines how early-life exposure to food scarcity influences individuals’ long-term time preferences and savings behavior. To this end, we analyze hand-collected historical data on livestock…
We study a hybrid marketplace where a vertically integrated platform competes with a seller in a horizontally differentiated downstream market. The platform has a data advantage and can price discriminate…
The interplay between business start-ups and closures is a key driver of economic transformation. In the face of geopolitical uncertainties and challenges like digitalisation and sustainability goals, examining…
Durch eine abnehmende Bedeutung im internationalen Technologie- und Wissenschaftswettbewerb ist das langfristige wirtschaftliche Wachstum von Deutschland bedroht. Die deutsche Exzellenzförderung von…
Cohesion policy in the European Union (EU) has been widely accepted as a tool to advance the catch-up process, i.e., helping member countries with lower GDP per capita to grow faster economically in order to…
This paper studies the welfare effects of school district consolidation. Using incomplete rank-ordered lists (ROLs) submitted for admission to the Hungarian secondary school system, we estimate complete ROLs…
Production functions provide a mapping from the firms’ input quantity and productivity to output quantity. This mapping only generates unbiased estimates if input and output quality variation within and between…
Recent papers show that the impact of Cohesion Policy is not uniform in space but larger, smaller or insignificant depending on the regions. These outcomes mostly depend on the characteristics of each territory…
I develop a general framework for markup and markdown estimation that allows for profit sharing along value chains without making assumptions on conduct between vertically related firms. I derive the conditions…
Additive Manufacturing (AM) enables mass customization and has thereby the potential to revolutionize traditional manufacturing. In this paper, we examine how the adoption of AM affects competition and welfare…
