We study the pass-through of indirect taxes on beer prices in the European Union (EU). Exploiting the variation of value added tax rates, beer excise tax rates, and beer prices in a panel of monthly data from 1996 to 2016 of all current 28 EU member states, we estimate the tax pass-through of...

Die Entstehung von Kryptowährungen wie dem Bitcoin hat die Finanzwelt nach der Krise 2007ff. gehörig in Aufruhr versetzt. Einzelne Stimmen sprechen gar von der Möglichkeit der Abschaffung des Bargeldes. Dieser Beitrag zeigt erstens, ob und inwieweit Kryptowährungen das Bargeld tatsächlich...

Fines imposed on firms for corporate infringements such as cartels reduce these infringement's profitability. When a manager knows when a violation is unprofitable he can prevent violations committed by an uninformed employee by investing in compliance programs (CPs). Investments can be...

Aldi, the biggest discounter in Germany, started to systematically extend shopping hours of its stores in 2016. We interpret the decision to extend opening hours of a specific Aldi store as entry into a new market. By using a novel data set containing the opening hours of nearly all German...

This paper presents a moral hazard model analyzing the agent's incentive to commit corporate crime. The principal can only observe profits which the agent can increase by committing crime or exerting effort. It is shown how different incentive contracts, i.e., thresholdlinear, capped bonus and...

This paper analyzes the oversea emigration of German passengers via the port of Bremen in the period of theWeimar Republic (1920-1932). We use a novel micro-dataset of digitalized passengers lists including about 181,000 emigrants as an estimation of the outflow of Germans from the German Reich....

This paper examines the acceptance of burden sharing rules that refer to the costs of the Ger-man energy transition, which is one of the most challenging and disputed national climate and energy policy measures. Based on data from a comprehensive survey of more than 2,200 citi-zens, the...

Revealing the identities of contributors has been shown to increase cooperation in public goods games. In this paper we experimentally investigate whether this finding holds true when decisions are made by groups rather than individuals. We distinguish between groups in which members can discuss...

This study probes the middle class in Iran in relation to oil rents and political development. We begin by discussing how the Iranian middle class has evolved through the 1979 Revolution and in the post-revolutionary period. We then empirically examine the relationships among per capita oil-rent...

This paper examines the influence of political incentives which are set by the government and aim at promoting the adoption of electric vehicles (EVs). More specifically, battery electric vehicles (BEVs) and plug-in hybrid elec- tric vehicles (PHEVs) are considered. A classification and...