Andreas Polk and Michael Hellwig: Do political links influence water prices?

In their new paper, NOUS member Andreas Polk and Michael Hellwig explain water prices in Germany by analyzing demand and cost drivers, governance structures and political links to local politicians. First, they find evidence for economies of scope between supply and wastewater treatment. Soil rigidity significantly influences water prices, and prices tend Read more…

Beyond behaviorism, positivism, and neo-institutionalism in economics: a conversation with Deirdre Nansen McCloskey

Paolo Silvestri interviews McCloskey about her forthcoming book, ‘Beyond Behaviorism, Positivism, and Neo-Institutionalism in Economics’, critical of recent economics, especially of neo-institutionalism. Neo-institutionalism uses the ugly character ‘Herr Max U’ as its central idea: the elevation of Prudence to the only virtue. Institutions are mainly intermediate, not ultimate, causes in Read more…

Niclas Berggren and Martin Ljunge: Good Faith and Bad Health: Self-Assessed Religiosity and Self-Assessed Health of Women and Men in Europe

Religion exerts a powerful influence on many people’s lives. In their new paper, NOUS member Niclas Berggren and Martin Ljunge investigate how self-assessed religiosity affects self-assessed health in Europe. Their sample consists of individuals with a native father and an immigrant mother from another European country. This sample allows for Read more…

Désirée I. Christofzik, Steffen Elstner, Lars P. Feld & Christoph M. Schmidt: Unraveling the Productivity Paradox: Evidence for Germany

Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. In their new paper, NOUS member Lars Feld along with Désirée I. Christofzik, Steffen Elstner, and Christoph M. Schmidt empirically analyze three prominent explanations for this development. First, using a novel quarterly utilization-adjusted total Read more…