Für die Transformation zur nachhaltigen Entwicklung hat das Jahr 2015 eine besondere Bedeutung. Neue Ziele für nachhaltige Entwicklung (Sustainable Development Goals, SDGs) sollen die dann auslaufenden Millenniumentwicklungsziele (MDGs) ablösen und dem politischen Handeln für die kommenden...

The tendency to underestimate the future value of a variable growing at a constant rate, anexample of exponential growth bias, has been linked to household financial decision making.We show that exponential growth bias and standard measures of financial literacy arenegatively correlated in a...

In this paper we will look at job creation and destruction in firms. We will answer the questionif it is the large companies that create jobs, while the smaller companies are contributingmuch less. Or is it the young companies that create jobs? And who destroys the most jobs?In the crisis...

How valuable is education for entrepreneurs’ performance as compared to employees’?What might explain any differences? And does education affect peoples’ occupationalchoices accordingly? We answer these questions based on a large panel of US labor forceparticipants. We show that education...