Publications des institutions partenaires

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Efficiency thanks to Managed Care? - evidence from Switzerland

Switzerland introduced managed care options in its social health insurance market in order to contain health care expenditures (HCE). These capitated Managed Care plans reduce costs through gatekeeping, internal guidelines, promoting generic substitution etc. Given the cost benefits of about 62%, the crucial question for both health insurers and the legislator is whether MC plans...

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English / 10/12/2009

Lernen von den Besten : Wie Versicherer vom Wettbewerb DKD profitieren

Längst haben sich viele Märkte von Anbieter- zu Kundenmärkten gewandelt. Dieser Transformationsprozess verändert zunehmend die Rolle des Kunden vom passiven Marktteilnehmer zum aktiven und
zentralen Spieler in der Wertschöpfungskette eines Dienstleistungsunternehmens. Die Orientierung von Produkten und Dienstleistungen an den Wertvorstellungen der Kunden ist auch in der...

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Deutsch / 10/12/2009

Was sich die Kleinen von den Grossen in Sachen HRM abschauen können

Die Personalarbeit von KMU lässt sich kaum mit jener von Konzernen vergleichen: Ihnen, so wird argumentiert, mangle es an personellen und finanziellen Ressourcen, um die erfolgreichen Personalprogramme grosser Unternehmen zu imitieren. Und dennoch, so die Autoren, gibt es einige Aspekte, bei denen die KMU Benchmarking mit den Besten betreiben sollten.

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Deutsch / 02/12/2009

The public health costs of job loss

We study the short-run effect of involuntary job loss on comprehensive measures of public health costs. We focus on job loss induced by plant closure, thereby addressing the reverse causality problem as job displacements due to plant closure are unlikely caused by workers' health status, but potentially have important effects on individual workers' health and associated...

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English / 01/12/2009

Disrupting the prefrontal cortex diminishes the human ability to build a good reputation

Reputation formation pervades human social life. In fact, many people go to great lengths to acquire a good reputation, even though building a good reputation is costly in many cases. Little is known about the neural underpinnings of this important social mechanism, however. In the present study, we show that disruption of the right, but not the left, lateral prefrontal cortex (PFC)...

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English / 01/12/2009

The neural circuitry of a broken promise

Promises are one of the oldest human-specific psychological mechanisms fostering cooperation and trust. Here, we study the neural underpinnings of promise keeping and promise breaking. Subjects first make a promise decision (promise stage), then they anticipate whether the promise affects the interaction partner's decision (anticipation stage), and are subsequently free to keep...

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English / 01/12/2009

Of Bubbles and Bankers: The Impact of Financial Booms on Labor Markets

This paper studies the effect of financial booms and extreme asset valuations on the relative demand for skills and the wage structure. The substantial rise in wage inequality in the U.S. since the late 1970s has been accompanied by a major expansion of financial services, a series of asset bubbles, and rising relative wages and relative education in the financial industry. I...

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English / 01/12/2009

Grain Prices and Mortality in Vienna, 1648-1754

Class specific mortality in 17th and 18th Century Vienna shows a cyclical pattern which is related to grain price cycles in the 5-10 years range. This relationship is not stable over time. Applying spectral analysis based on time-varying VARs, it can be shown that at the beginning of the observation period, comovement of grain prices and mortality is considerably high in areas...

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English / 01/12/2009

How much do journal titles tell us about the academic interest and relevance of economic research? An empirical analysis

Unlike in other disciplines, research output in economics is commonly measured based on the journal titles in which an author has published. Here, I examine how much output measures based on journal titles tell us about the academic interest and relevance of economic papers as measured by citation frequency. Using data from the 2008 Handelsblatt ranking of economists in German...

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English / 01/12/2009

Partial Identification of Discrete Counterfactual Distributions with Sequential Update of Information

The credibility of standard instrumental variables assumptions is often under dispute. This paper imposes weak monotonicity in order to gain information on counterfactual outcomes, but avoids independence or exclusion restrictions. The outcome process is assumed to be sequentially ordered, building up and depending on the information level of agents. The potential outcome...

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English / 01/12/2009

Bounds on Counterfactual Distributions Under Semi-Monotonicity Constraints

This paper explores semi-monotonicity constraints in the distribution of potential outcomes, first, conditional on an instrument, and second, in terms of the response function. The imposed assumptions are strictly weaker than traditional instrumental variables assumptions and can be gainfully employed to bound the counterfactual distributions, even though point identification is only...

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English / 01/12/2009

The C-CAPM without ex post data

Survey and option data are used to take a fresh look at the equity premium puzzle. Survey data on equity returns (Livingston survey) shows much lower expected excess returns than ex post data. At the same time, option data suggests that investors tend to overestimate the volatility of equity returns. Both facts contribute towards solving the puzzle. However, data on beliefs about...

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English / 01/12/2009

Customer Value versus Employee Value : Gemeinsam­keiten und Unterschiede zweier Aspekte einer integ­rierten Organisationsentwicklung

Während das Konzept des Customer Value schon länger in der Wissenschaft diskutiert wird, ist die Theoretisierung des Employee Value neu. Beide Konzepte verlangen die Ausrichtung aller Managementaktivitäten am spezifischen Wohl einer Anspruchs­gruppe. Dies erinnert stark an die seit 1986 geführte Shareholder­Value­ Diskussion. Aber im Gegensatz zu den Kapitalgebern sind Kunden und...

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Deutsch / 01/12/2009

After the Crisis: Is There a Comeback of Economic Interventionism?

This presentation reviews the economic interventions by governments and central banks in response to the 2007-2009 financial and economic crisis.

In the area of trade policy, we find that protectionism has increased substantially, with governments targeting in particular the products of declining industries and financial services. Nevertheless, spiralling protectionism as in...

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English / 16/11/2009

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