This paper studies the effects of introducing a Central Bank Digital Currency (CBDC) on economic output, bank intermediation and financial stability in a closed economy using an Agentbased Stock Flow Consistent (AB-SFC) Model. Thereby a digital bank run is simulated across various economic...

This paper studies the effects of introducing a Central Bank Digital Currency (CBDC) on economic output, bank intermediation and financial stability in a closed economy using an Agent-based Stock Flow Consistent (AB-SFC) Model. Thereby a digital bank run is simulated across various economic...

Individual paternalistic preferences are central to the question to what extent the state may intervene in the freedom of choice of its citizens. Albeit its practical and theoretical importance, there is yet no incentivised tool to elicit those preferences. In this paper, we present a simple and...

Berufsorientierung als Selbstkompetenz sollte eine bessere Zuordnung von Arbeitskräften zu Arbeitsplätzen ermöglichen und so die Arbeitslosigkeit reduzieren. Diese Untersuchung geht der Frage nach, ob die Reduzierung der Arbeitslosigkeit durch Berufsorientierung wirklich eintritt. Dazu wird...

Individual paternalistic preferences are central to the question to what extent the state may intervene in the freedom of choice of its citizens. Albeit its practical and theoretical importance, there is yet no incentivised tool to elicit those preferences. In this paper, we present a simple and...

Berufsorientierung als Selbstkompetenz sollte eine bessere Zuordnung von Arbeitskräften zu Arbeitsplätzen ermöglichen und so die Arbeitslosigkeit reduzieren. Diese Untersuchung geht der Frage nach, ob die Reduzierung der Arbeitslosigkeit durch Berufsorientierung wirklich eintritt. Dazu wird...

Does the promotion of public transport crowd out other modes of climate friendly mobility? During the summer of 2022, Germany introduced two policy measures to countervail the rising cost of living and energy. This paper demonstrates that these measures did not only affect individuals relying on...

Does the promotion of public transport crowd out other modes of climate friendly mobility? During the summer of 2022, Germany introduced two policy measures to countervail the rising cost of living and energy. This paper demonstrates that these measures did not only affect individuals relying on...

Our study compares the efficiency of unemployment insurance programs in a state union. A centralized insurance pools the cost of unemployment which implies a collective bargaining in the countries that leads to excessively high wages and inefficient insurance. Those high wages attract workers...

Contemporarily, modern slavery represents one of the most serious human rights violations. Although most countries officially abolished slavery and ratified the 1926 Slavery Convention of the League of Nations, slavery and slave-like practices still exist in various forms throughout the world....