Konventionelle Kosten-Nutzen-Analysen beziehen sich auf eher kurzfristige staatliche Vorhaben. Betroffen von den Kosten und Nutzen sind hauptsächlich die lebenden Generationen. Die Diskontierung geht von deren Zeitpräferenzen aus. Die Verhältnisse sind bei sehr langfris...

Early-type galaxies (ETGs) are known to possess a number of quite useful scaling relations among their photometric and/or kinematical quantities. We propose a unified picture reducing both the fundamental plane and the photometric plane to suitable projections of a sing...

The trade-off between child quantity and education is a crucial ingredient of unified growth models that explain the transition from Malthusian stagnation to modern growth. We present first evidence that such a trade-off indeed existed before the demographic transition,...

Transitory and permanent shocks to income have been shown to be important determinants of household consumption. This paper shows that there are significant differences in the development of transitory and permanent inequality of household income between demographic gro...

9 hojas : ilustraciones.

While most of the literature on employment protection has focused on government-mandated severance pay, it has recently been documented that a substantial share of severance payments derives from private contracts or collective agreements. This paper studies the determi...