Eintrag für die Universitätsbibliographie

Analyzing the rationale for climate policy, one utility category is often neglected: secondary benefits. This is surprising because the consideration of secondary benefits would increase the attractiveness of climate policies from a national point of view. It would however also affect the...

This paper uses extensive student-level micro databases of three international student achievement tests to estimate heterogeneity in the effect of external exit examinations on student performance along three dimensions. First, quantile regressions show that the effect tends to increase with...

Recent work has started to analyze the choice of international commodity tax base under conditions of imperfect competition. This paper focuses on the effects of changing levels of trade barriers in a model where firms engage in duopoly competition and governments set commodity taxes...

Der Föderalismuskommission ist es Ende letzten Jahres nicht gelungen, ein gemeinsames Reformkonzept vorzulegen. Welche Themen waren in der Diskussion? Woran scheiterte die Kommission? Welche Themenfelder sollten bei einer Wiederaufnahme der Gespräche bearbeitet werden?

In German-style private health insurance contracts, aging provisions are used to flatten premium profiles. An individual would like to change insurer if she perceives a low service quality. The first-best optimum is characterized by provision transfers upon insurer changes which are higher for...

This paper uses student-level Third International Mathematics andScience Study (TIMSS) data to analyze the determinants of schoolingquality for seven Eastern European transition countries by estimatingeducational production functions. The results show substantial effectsof student background on...

We review the continuous{time literature on the so{called direct approach to bond option pricing. Going back to Ball and Torous (1983), this approach models bond price processes directly (i.e. without reference to interest rates or state variable processes) and applies methods that Black and...