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Universität München Institut für Wirtschaftsforschung

Works: 399 works in 554 publications in 1 language and 6,374 library holdings
Genres: Periodicals  Conference papers and proceedings 
Roles: Other
Classifications: HC240, 336.3
Publication Timeline
Publications about Universität München
Publications by Universität München
Most widely held works by Universität München
CESifo forum by CESifo( file )
in English and held by 695 libraries worldwide
Public finance and public choice : two contrasting visions of the state by James M Buchanan( Book )
2 editions published in 1999 in English and held by 573 libraries worldwide
"In this volume, based on a week-long symposium at the University of Munich's Center for Economic Studies, two leading scholars of governmental economics debate their divergent perspectives on the role of government and its fiscal functions."--Jacket
Cesifo world economic survey by CESifo GmbH (München)( serial )
in English and held by 59 libraries worldwide
Beyond national institutions : labor taxes and regional unemployment in Italy by Giorgio Brunello( Book )
1 edition published in 2001 in English and held by 19 libraries worldwide
Assessing monetary policy in Norway by Harald Magnus Andreassen( Book )
1 edition published in 2001 in English and held by 15 libraries worldwide
Knowledge capital meets new economic geography by Peter Egger( Book )
2 editions published in 2005 in English and held by 15 libraries worldwide
A nation-wide laboratory examining trust and trustworthiness by integrating behavioral experiments into representative surveys by Ernst Fehr( Book )
2 editions published in 2003 in English and held by 14 libraries worldwide
Typically, laboratory experiments suffer from homogeneous subject pools and selfselection biases. The usefulness of survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a method integrating interactive experiments and representative surveys thereby overcoming crucial weaknesses of both approaches. One of the major advantages of our approach is that it allows for the integration of experiments, which require interaction among the participants, with a survey of non-interacting respondents in a smooth and inexpensive way. We illustrate the power of our approach with the analysis of trust and trustworthiness in Germany bycombining representative survey data with representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit people s trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled workers and people living in bigger households exhibit less trusting behavior. Foreign citizens, Catholics and people favoring the Social Democratic Party or the Christian Democratic Party exhibit more trust. People above the age of 65 and those in good health behave more trustworthy or more altruistically,respectively. People below the age of 35, the unemployed and people who say they are in favor of none of the political parties behave less trustworthy or less altruistically, respectively
Public health care with waiting time : the role of supplementary private health care by Michael Hoel( Book )
1 edition published in 2001 in English and held by 14 libraries worldwide
We consider an economy where most of the health care is publicly provided, and where there is waiting time for several types of treatments. Private health care without waiting time is an option for the patients in the public health queue. We show that although patients with low waiting costs will choose public treatment, they may be better off with waiting time than without. the reason is that waiting time induces patients with high waiting costs to choose private treatment, thus reducing the cost of public health care that everyone pays for. Even if higher quality (i.e. zero waiting time) can be achieved at no cost, the self-selection induced restribution may imply that it is socially optimal to provide health care publicly and at an inferior quality level. We give a detailed discussion of the circumstances in which it is optimal to have waiting time for public health treatment. Moreover, we study the interaction between this quality decision and the optimal tax/susidy on private health care
An equilibrium analysis of marriage, divorce and risk-sharing by Dan Anderberg( Book )
1 edition published in 2001 in English and held by 13 libraries worldwide
This paper considers family formation and reciprocity-based cooperation in the form of sharing of earnings-risk. While risk sharing is one benefit to marriage it is also limited by divorce risk. With search in the marriage market there may be multiple equilibria diering not only in divorce rates but also in the role of marriage in providing informal insurance. Publicly prvided insurance despite potential equilibrium multiplicity, is shown to aect family formation and financial cooperation monotonically. Some aspects of the model are then tested using international survey data and a bivariate probit model with sample selection
The Kyoto protocol : an economic and game theoretic interpretation by Parkash Chander( Book )
1 edition published in 1999 in English and held by 13 libraries worldwide
Calling upon both positive and normative economics, we attempt to characterize the issues at stake in the current international negotiations on climatic change. We begin (section 2) by reviewing the main features of the Protocol. Then (Section 3), we identify by means of an elementary economic model the main concepts involved: optimality, non cooperation, coalitional stability. We observe (Section 4) that business-as-us u al, no regrets and other domestic policies are alternative ways to conceive of the non cooperative equilibrium prevailing before the negotiations. Which one should be retained? Data suggest that the prevailing situation is a mixed one, exhibiting characteristics of several of these policies. We then turn (Section 5) to interpreting the Protocol. While there is no firm basis to assert that the emission quotas chosen at Kyoto correspond to optimal emissions (although they are a step in the right direction), economic and game theoretical arguments are put forward to support the view that for achieving these emission quotas, trading ensures efficiency, as well as coalitional stability for the agreement provided it is adopted at the largest scale i.e. worldwide. Finally, it is argued in Section 6 that beyond the Kyoto Protocol, the achievement of coalitionally stable optimality at the world level is a real possibility with trading, provided agreement can be reached in the future as to appropriate reference emission levels, in particular as far as developing countries are concerned
How to run a target zone? : age old lessons from an Austro-Hungarian experiment by Marc Flandreau( Book )
1 edition published in 2001 in English and held by 13 libraries worldwide
This paper considers what we argue was the first experiment of a exchange rate band. This experiment took place in Austria-Hungary between 1896 and 1914. The rationale of introducing this policy rested on precisely those intuitions that modern target zone literature has recently emphasized: the band was designed to secure both exchange rate stability and monetary policy autonomy. However, unlike more recent experiences, such as the ERM, this policy was not undermined by credibility problems. In other words the episode provides us with an ideal testing ground for some important ideas in modern macroeconomics: specifically, can formal rules, when faithfully adhered to, provide policy makers with some advantages such as short term flexibility? First, we find that a credible band has a "microeconomic" influence on exchange rate stability. By reducing uncertainty, a credible fluctuation band improves the quality of expectations, a channel that has
Location choice and employment decisions : a comparison of German and Swedish multinationals by Marc-Andreas Muendler( Book )
1 edition published in 2005 in English and held by 12 libraries worldwide
Using data for German and Swedish multinational enterprises (MNEs), this paper assesses international employment patterns. It analyzes determinants of location choice and the degree of substitutability of labor across locations. Countries with highly skilled labor forces attract German MNEs, but we find no such evidence for Swedish MNEs. This is consistent with the hypothesis that German MNEs locate production stages intensive in high-skilled labor abroad. In MNEs from either country, affiliate employment tends to substitute for employment at the parent firm. On the margin, substitutability is the strongest with respect to affiliate employment in Western Europe. A one percent larger wage gap between Germany and locations in Central and Eastern Europe (CEE) is estimated to be associated with 900 fewer jobs in German parents and 5,000 more jobs in affiliates located in CEE. A one percent larger wage gap between Sweden and CEE is estimated to be associated with 140 fewer jobs in Swedish parents and 260 more jobs in affiliates located in CEE
How important are foreign banks in the financial development of European transition countries? by I. J Naaborg( Book )
1 edition published in 2003 in English and held by 11 libraries worldwide
This paper analyzes the development of the banking sector in European transition countries. We find that, although bank assets increased during the 1990s, credit to the private sector remained relatively low. Foreign-owned banks have become major players in the financial system of these countries. However, foreign bank presence and financial development in general vary considerably among the transition economies. Foreign-owned banks have, in general, higher profitability levels than domestic banks. Furthermore, it appears that foreign and domestic bank performance tend to converge
Macroeconomic dynamics and credit risk a global perspective by M. Hashem Pesaran( Book )
1 edition published in 2003 in English and held by 11 libraries worldwide
Valuation of international oil companies: the RoACE era by Petter Osmundsen( Book )
1 edition published in 2005 in English and held by 11 libraries worldwide
A trade model with an optimal exchange rate motivated by current discussion of a Chinese renminbi float by Helen Huang( Book )
1 edition published in 2005 in English and held by 11 libraries worldwide
Spilling over and crowding out : the effects of public sector/private sector convergence and competition in the provision of public goods by Diana Barrowclough( Book )
1 edition published in 2001 in English and held by 11 libraries worldwide
This paper develops an original model of product differentiation, to contribute to the debate about the regulation and finance of public television. It goes beond the conventional analysis in this topic, by showing the spillover effects that a public broadcaster can have upon commercial broadcasters. It shows how the existence of a public-financed, free-to-air channel (such as the BBC) can affect the behaviour of advertiser-financed, free-to-air channels (such as the ITV). In particlar, it shows what happens if the output of the public channel converges with that offered by private firms, so that it becomes less distinctive; and or it introduces advertising
Taxation, incomplete markets, and social security : the 2000 Munich lectures by Peter A Diamond( file )
1 edition published in 2003 in English and held by 0 libraries worldwide
In this book, Peter Diamond analyzes social security as a particular example of optimal taxation theory. Assuming a world of incomplete markets and asymmetric information, he uses a variety of simple models to illuminate the economic forces that bear on specific social security policy issues. The focus is on the degree of progressivity desirable in social security and the design of incentives to delay retirement beyond the earliest age of eligibility for benefits. Before analyzing these models, Diamond presents introductions to optimal income tax theory and the theory of incomplete markets. He incorporates recent theoretical developments such as time-inconsistent preferences into his analyses and shows that distorting taxes and a measure of progressivity in benefits are desirable. Diamond also discusses social security reform, with a focus on Germany
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Alternative Names
Center for Economic Studies
Center for Economic Studies at Ludwig Maximilians University (München)
Center for Economic Studies (CES)
Center for Economic Studies (München)
CES (Center for Economic Studies ; München)
CES München
CES (Universität München. Institut für Wirtschaftsforschung)
Institut für Wirtschaftsforschung an der Universität München
Ludwig-Maximilians-Universität Center for Economic Studies
Universität München Center for Economic Studies
Universität München Institute for Economic Research
English (33)
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