Hierarchical and comprehensive school systems are compared with respect to efficiency. At given ability, a student?s probability of not completing school rises with increasing mean ability in class. Both school systems can yield identical average failure rates. Given that output losses in case...

The impacts of introducing work requirements for welfare recipients are studied in an efficiency wage model. If the workfare package is not mandatory, it will reduce employment, profits, and utility levels of employed and unemployed workers. In contrast, mandatory effort requirements will...

Im laufenden Jahr ist es zu einer sprunghaften Erhöhung der Zahl der Zuwanderer aus Staaten außenhalb der EU in die EU und insbesondere nach Deutschland gekommen. Der Beitrag schlägt ein durch Preise und Kapazitäten gesteuertes Verfahren zur Verteilung der Flüchtlingsströme vor.

Two alternative relative compensation schemes are compared with respect to total output that can be generated at a given sum of salaries. While the promotion regime guarantees that any salary increase is permanent, the premium system allows a reduction in the income of an agent to the base...