Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from…
Contributions to Edited Volumes and Conference Proceedings
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2008
The purpose of this paper is to explore the behavioural background for an asymmetric pass-through of input prices at a power spot market. G. Zachmann and C. von Hirschhausen report empirical evidence for such an…
Opponents of the voluntary labeling scheme for genetically modified (GM) food products often argue that consumers have the "right to know" and therefore advocate mandatory labeling. In this paper we argue…