According to Becker's famous theory on discrimination (Gary Becker, [Becker, Gary S., 1957], The Economics of Discrimination, University of Chicago Press), entrepreneurs with a strong prejudice against female workers forgo profits by submitting to their tastes. In a competitive market their...

According to Becker's (1957) famous theory on discrimination, entrepreneurs with a strong prejudice against female workers forgo profits by submitting to their tastes. In a competitive market their firms lack efficiency and are therefore forced to leave. We present new empirical evidence for...

This paper studies the institutional characteristics of sequential cattle auctions and their effects on prices. It examines the effects of the order of sale according to quality, secret reserve prices, bidders' multi-unit demands and certain characteristics of the bidders. Theory predicts...

Drawing on the data of the EU-SILC 2004-2006, this article analyses wage differences between women and men in Austria. The importance of factors that influence wage differences is quantified by estimating wage regressions. Among employees working full time, women earn on average 22 percent less...

We investigate the causal effect of market structure on market performance in the consumer electronics. We combine data from Austria's largest online site for price comparisons with retail data on wholesale prices provided by a major hardware producer for consumer electronics. We observe input...

Income from work is subject to a high tax burden, which at the lower end is mostly the result of high social insurance contributions. Alleviating this burden by reducing contributions to social insurance for low-income employees would increase the monthly net income by 5.2 percent for 90 percent...