This paper is the first to analyze the impact of family background on permanent earnings based on sibling correlations in Germany and to provide a cross-country comparison of Germany, Denmark, and USA. The main findings are that family and community background has a stronger influence on...

We analyze the impacts of future scenarios of electric vehicles (EVs) on the German power system, drawing on different assumptions on the charging mode. We find that the impact on the load duration curve strongly differs between charging modes. In a fully user-driven mode, charging largely...

We present the first necessary and sufficient conditions for the existence of a unique perfect-foresight solution, returning to a given steady-state, in an otherwise linear model with occasionally binding constraints. We derive further conditions on the existence of a solution in such models,...

The digitalization of the every-day life also affects buying habits of customers. Changes that take place regarding these habits result in an increasing number of e-commerce retailers. Online-shops in the business-to-consumer field are especially successful with apparel and electronic products....

Population ageing combined with a shrinking potential workforce are main factors influencing future socio-economic development and the labour market. This paper has the objective to show the impact of population change on one important sector of the economy, the health care market. As the need...

The globalized Western culture of innovation, as propagated by major aid institutions, does not necessarily lead to empowerment or improvement of the well-being of the stakeholders. On the contrary, it often blocks viable indigenous innovation cultures. In African societies and African Diasporas...

This paper explores the role of mass media in people's perceptions of charismatic leaders, focusing on the case of Junichiro Koizumi, Prime Minister of Japan from 2001 to 2006. Using survey data collected immediately after Koizumi's 2005 landslide electoral victory, this study empirically...

Despite a long-standing controversy about aid-effectiveness in general and the impact of aid-dependency on governance in particular, little is known on the effect of donors policies on civic agency for democratization in aid dependent autocratic regimes. In this study it is argued that the...

This paper aims to show the impact of societal change on the demand and supply of long-term care workforce. As age is the major driver of the need for care the growth in the number of elderly and oldest old will increase the demand for long-term care workforce. Caregiving to the elderly is...

Why are contracts incomplete? Transaction costs and bounded rationality cannot be a total explanation since states of the world are often describable, foreseeable, and yet are not mentioned in a contract. Asymmetric information theories also have limitations. We offer an explanation based on...