The past half‐century has seen economic research become increasingly empirical, while the nature of empirical economic research has also changed. In the 1960s and 1970s, an empirical economist's typical mission was to "explain" economic variables like wages or GDP growth. Applied econometrics...

The overall aim of this book, an outcome of the European FP7 FET Open NESS project, is to contribute to the ongoing effort to put the quantitative social sciences on a proper footing for the 21st century. A key focus is economics, and its implications on policy making, where the still dominant...

Big Data ist eines der spannendsten Mysterien der Gegenwart. Jeder redet davon, keiner weiß, wie es genau geht, alle geben vor, es zu tun – so hat es der Ökonom Dan Ariely mal formuliert. Dieser Kurzbericht gibt einen Überblick darüber, inwiefern Big-Data-Analysen in...

This paper provides a brief review of the connecting literature in management science, economics and finance, and discusses some research that is related to the three disciplines. Academics could develop theoretical models and subsequent econometric models to estimate the parameters in the...

Nicht erst seit der jüngsten Weltfinanzkrise wird über den Zustand der Wirtschaftswissenschaft diskutiert. Vielfach wird die Einseitigkeit der Disziplin beklagt und eine Pluralisierung gefordert. Allerdings besteht weder Einigkeit über die Form des anzustrebenden Pluralismus - ist also z.B....

This report documents what are the most cited articles published in the top-5 economics journals during the period 1991-2015. EconLit is used to collect bibliographic information about these articles, and we gathered yearly citations for each paper through the Web of Science database. We present...

In this paper, we acknowledge that the mitigation of and adaptation to climate change have differential fiscal impacts. Whereas mitigation typically raises fiscal revenues, adaptation is costly to the taxpayer and to a greater extent the more distortionary the tax system is. In an OLG model with...

Despite the ubiquity of illegality in today's financial markets, systematic scrutiny of the phenomenon of financial crime is lacking in the fields of economic sociology and political economy. One field of research in which the illegal behaviors of business elites have long taken center stage is...

The combination of the digitalization of cultural goods and facilitated cross-border availability through the internet fuels a globalization process that is often said to cause a homogenization of demand across countries, in particular, for entertainment goods as music and movies. In the markets...

The present dissertation aims at contributing to the understanding of central labor market mechanisms by analyzing open questions on the determinants of firms' labor demand, unemployed individuals' job search behavior and the state's role in shaping peoples' trust and, thereby, affecting labor...

Diese Arbeit untersucht die Beziehung zwischen 'sInvestitionsschutzrecht' und 'snachhaltiger Entwicklung'. Genauer gesagt stellt diese Arbeit drei Fragen und braucht das konzeptionelle Gebilde der modernen Ökonomie, um sie zu beantworten. Erstens fragt diese Arbeit, ob das heutige...