[Ausgangssituation und Forschungsstand] Biosimilars stehen aktuell als spezifisches Segment des Arzneimittelmarkts exponiert im Lichte von Fachdiskussionen und pharmapolitischen Debatten. Dabei entzündet sich die Kontroverse um Biosimilars nicht zuletzt daran, dass dies...

[Einleitung:] Die deutsche Volkswirtschaft hat vor allem mit drei Problemen zu kämpfen: Das drängendste ist die persistent hohe Arbeitslosigkeit. Vor allem die zunehmende Arbeitslosigkeit unter den Jugendlichen und den wenig qualifizierten Arbeitnehmern gibt Anlaß zur S...

By disaggregating price indices, it becomes apparent that the real exchange rate consists of the real exchange rate for a single good and a weighted sum of relative prices between goods. When applying a battery of panel unit root tests to this sum and its components, it...

In this paper we study the impact of an expansion in public spending in a credit constrained economy with sticky wages. The flexible wage version of the model implies strong expansionary effects on output and consumption but also a counterfactual increase in real wages....

This paper contributes to the existing literature on central bank repo auctions. It is based on a structural econometric approach, whereby the primitives of bidding behavior (individual bid schedules and bid-shading components) are directly estimated. With the estimated...

Recently, a distinction between cross-cutting (or bridging) and closed (or bonding) networks has been proposed in the social capital literature. One approach to empirically operationalize this distinction builds on connections between voluntary associations through indi...

In response to a survey of Fortune 1000 companies enquiring about "the biggest barrier in doing business in the world market", cultural differences ranked at the top of the list (2007). For a long time culture and economy have been treated as broadly independent areas o...

It is standardly assumed that individuals adjust to perceived unfairness or norm violations in precisely the same area or relationship where the original offense has occurred. However, grievances over being exposed to injustice may have even broader consequences and als...

In most situations of voluntary contribution people are willing to give at the beginning, however contribution rates decay over time. In a new setup we introduce non-enforceable sharing rules, as requests, in a repeated redistribution game (called tip pooling). Three ex...