We employ a unique dataset on members of an elite service club in Germany to investigate how elite networks affect the allocation of resources. Specifically, we investigate credit allocation decisions of banks to firms inside the network. Using a quasi-experimental research design, we document...

The research aims at assessing the impacts of the Benefit Sharing Mechanism (BSM) pilot policy on the socioeconomic factors and natural-resource management in the co-management area between the Bach Ma National Park and the Thuong Nhat community. This is a new approach in Special-Use Forests...

Diese Dissertation befasst sich mit aktuellen Fragestellungen rund um Investitionen in Private Equity. Der erste Artikel bietet Investoren einen strategischen Ansatz zur Erreichung der gewünschten Asset Allokation. Es wird empfohlen, neue Commitments einzugehen in Höhe der 1) Ausschüttungen,...

Academic research recognizes that the organizational structure of banks could have implications for the financing of small businesses and entrepreneurial firms. In this chapter, we start by reviewing the underlying theoretical motivation and then summarize existing evidence. Overall, it is...

The theme of this dissertation is to investigate how financial risks can be allocated in a multi-agent and multi-period setting under the economic principle of “Pareto efficiency and financial fairness” (PEFF). The dissertation is a combination of theory and practice and consists of three...

In this paper, we investigate the link between intra-household resource allocation and familial ties between household members. We show that, within the same geographic, economic and social environments, households where members have "stronger" familial ties (e.g. a nuclear family household)...

Zahlungsschwierigkeiten und Marktaustritte spielen für die Sicherstellung einer effizienten Allokation eine wesentliche Rolle. Sie können negative soziale und ökonomische Folgen nach sich ziehen und den Verlust von Arbeitsplätzen und Produktion in bestimmten Gebieten, einen Verlust von...

Using high-quality administrative data, I analyze workers' opportunity costs of reallocation across occupations by measuring the additional time spent in unemployment before being hired in a new occupation. Furthermore, I inspect the wage changes after reallocation and find that workers who...

Klimaschutz ist eine globale Herausforderung, für deren Bewältigung alle Länder eine gemeinsame, aber differenzierte Verantwortung tragen. Einzelne Länder setzen in ihrem Politikmix jedoch unterschiedlich stark auf die Bepreisung von CO2, so dass sich die CO2-Preise in verschiedenen Ländern...