We study theoretically and empirically how consumers in an individual private long-term health insurance market with front-loaded contracts respond to newly mandated portability requirements of their old-age provisions. To foster competition, effective 2009, German legislature made the...

Hirschman's Exit, Voice, and Loyalty highlights the role of "voice" in disciplining firms for low quality. We develop a formal model of voice as a relational contact between firms and consumers and show that voice is more likely to emerge in concentrated markets. We test this model using data on...

To what extent and in what ways does mobile capital affect the policy decisions of national governments, and under what conditions are governments willing to privilege (or to ignore) the preferences of asset holders who can credibly threaten exit? There is a long tradition of analyses based on...

The short-term impact of Brexit on goods exports is assessed using the Overall Trade Restrictiveness Index of the United Kingdom's major trading partners. The analysis shows that in the short run, leaving the European Union may cause the United Kingdom's exports to the European Union to decrease...

While precise impact of Brexit on the EU/UK trade and investment agreements with third countries will depend primarily on the terms of the withdrawal agreement to be concluded between them, most scenarios suggest an extensive process of amendment of the text and/or commitments in multilateral...

We analyse the voting pattern in the June 23rd referendum on the continued participation of the United Kingdom in the European Union and evaluate the reasons for the results. We find that regions where GDP per capita is low, a high proportion of people have low education, a high proportion is...

We analyse the voting pattern in the June 23rd referendum on the continued participation of the United Kingdom in the European Union and evaluate the reasons for the results. We find that regions where GDP per capita is low, a high proportion of people have low education, a high proportion is...

It is on the pocketbook issues that Britain's Remain campaign has chosen to take its stand. For weeks, it has bombarded the public with warnings and research purporting to show that Brexit would take a toll on economic growth, living standards, public services and even property prices....

In dieser IW-Analyse geht es um die positiven Wohlfahrtseffekte der EU-Integration, die am Beispiel der langfristigen Auswirkungen eines Brexits illustriert werden. Dazu werden wesentliche Studien zu den Auswirkungen eines Brexits kategorisiert und kurz vorgestellt. Die bis Anfang April 2016...