This article explores the relationship between foreign language skills and individuals' labor
income in Germany, focusing on the English language. Using the 2012 and 2016 sample of …

We estimate the effects of the introduction of a large cash transfer programme on support for
the ruling populist party in Poland. We exploit the variation at the municipal level in the …

We use large linked employer-employee data to analyze wage inequality patterns in Central
and Eastern European (CEE) countries between 2002 and 2014. We show that, unlike in …

I investigate the labor supply effects of the introduction of an exceptionally large
unconditional cash benefit. I exploit the unique design of the child benefit program in Poland …

We propose a simple model of how investors evaluate a trading rule, and show that the
market timing of technical trading rules induces lottery-like trading profits. Therefore …

Given the scale of the university reform induced by the Bologna Process, little is known
about how the reform impacted those most immediately affected: the students. This paper …

Modern life insurance policies embed a surrender option that entitles policyholders to
terminate their policy early for its cash value. Mass surrenders–spiking surrenders of life …

Abstract The Bologna Process aimed at harmonizing European higher education systems
and at increasing their efficiency. This paper analyzes impacts of the Bologna Reform for …

We price equity‐linked life insurance with surrender guarantees and account for risk
preferences in the form of risk‐averse and loss‐averse policyholders in continuous time …

Mass surrenders—spiking surrenders of life insurance policies within a short period—are
widely documented prior to many life insurers failures, but their impacts on insurers are …