infonet-economy

Billions of dollars are now spent annually in the United States and Europe for spatially delineated environmental services such as agricultural landscape management and river restoration programs, yet little is known about the spatial distribution of the benefits from these policies. This paper develops a framework for recovering information on this question from the spatial pattern...

Recent empirical studies provide evidence in favour of an equalization of male and female educational chances on the Master's level. This paper tackles the question whether gender inequalities develop after the completion of a Master's degree while starting an academic career. Using individual data from the Swiss Higher Education Information System we find that over the...

Kernstück des 2009 eingeführten Gesundheitsfonds ist die Einführung des morbiditätsorientierten Risikostrukturausgleichs. Die Einführung des so genannten Morbi-RSA hatte erhebliche Auswirkungen auf die Wettbewerbsposition der Krankenkassen und die finanziellen Anreize zur Weiterentwicklung von Versorgungsstrukturen. In diesem Band des Jahrbuch liegt der Schwerpunkt auf der...

This paper reports laboratory experiments that evaluate the performance of a flexible packagebidding format developed by the FCC, in comparison with other combinatorial formats. In general, the interest of policy makers in combinatorial auctions is justified by the laboratory data; when value complementarities are present, package bidding yields improved performance. We find clear...

The direct sale of emissions allowances by auction is an emerging characteristic of cap-and-trade programs. This study is motivated by the observation that all of the major implementations of cap-andtrade regulations for the control of air pollution have started with a generous allocation of allowances relative to recent emissions history, a situation we refer to as a “loose cap.”...

I study the effect of an increase in financial incentives for firms to hire disabled workers in the context of an employment quota. My results suggest that this increase had a positive impact on firms' demand for disabled workers.

Profitable and balanced domestic league sports are among the central prerequisites for attracting the right to host a mega-event like the soccer world cup as well as for the overall economic success of such events. This paper pro-vides a contest model of a professional team sports league and analyzes the impact of a restriction on foreign players. It shows that a league with binding...