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Pills or puts?Shuo XiaFinancial Times, February 2, 2024
Schlaue Fischer gesucht! Ein Mitmachspiel für Kinder zum Thema Überfischung. Das Anglerspiel ist ein beliebter Geschicklichkeitstest für die Kleinsten. Die etwas Größeren merken bald, dass der Teich schnell leer ist, wenn man sich nicht mit den anderen darauf einigt, dem Fischbestand etwas Zeit zum Erholen zu geben.
This paper investigates how financial market imperfections and nominal rigidities interact.
The Halle Institute for Economic Research (IWH) - Member of the Leibniz Association and the Representation of the European Commission in Germany jointly organised a scientific conference 'How Can We Boost Competition in the Services Sector?'.
The labour market is undergoing permanent adjustment processes accompanied by worker mobility, firm dynamics, and structural change.
We exploit detailed data on approved and rejected small-business loans to assess the impact of a new credit registry in Bosnia and Herzegovina.
Futures markets are a potentially valuable source of information about price expectations. Exploiting this information has proved difficult in practice, because time-varying risk premia often render the futures price a poor measure of the market expectation of the price of the underlying asset.
The U.S. banking sector has become substantially more concentrated since the 1990s, raising questions about both the causes and implications of this consolidation.
This paper proposes a difference-in-differences approach for disentangling a total treatment effect on some outcome into a direct impact as well as an indirect effect operating through a binary intermediate variable – or mediator – within strata defined upon how the mediator reacts to the treatment.
The workshop provided a platform to discuss changes in the regulatory framework of the financial sector, their impact on financial stability, and consequences for the real sector.
Als Erklärung für die seit den 1990er Jahren steigende Lohnungleichheit in Deutschland nennt die ökonomische Forschung technologischen Wandel, zunehmenden internationalen Wettbewerbsdruck sowie institutionelle Veränderungen am Arbeitsmarkt.