In this paper, we identify female long-term wage returns to college education using the educational expansion between 1960–1990 in West Germany as exogenous variation for college enrollment. We estimate marginal treatment effects to learn about the underlying behavioral structure of women...

We analyse benefit-entitlement effects and the likely impact of the recent reform of the unemployment compensation system on the duration of unemployment in Germany on the basis of a flexible discrete-time hazard rate model estimated on pre-reform data from the German Socioeconomic Panel (SOEP)....

This paper provides field evidence on (a) how price framing affects consumers' decision to switch health insurance plans and (b) how the price elasticity of demand for health insurance can be influenced by policymakers through simple regulatory efforts. In 2009, in order to foster competition...

The municipal utilities of Basel (IWB) are in the process of building a 30 MW wood-fired CHP plant in the city of Basel, a project idea that was initially propelled by visionaries from the forest sector. The plant is attractive both politically and from a business perspective, as several goals...

This paper reports on an empirical investigation about the economic and CO2 mitigation impacts of bioenergy promotion in the Austrian federal province of Vorarlberg. We study domestic value added, employment and fiscal effects by means of a static input-output analysis. The bioenergy systems...

In this paper we develop an economic model that explains the decision-making problem under uncertainty of an industrial firm that wants to invest in a process technology. More specifically, the decision is between making an irreversible investment in a combined heat-and-power production...