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Dissertation
Determinants of Financial Development and their Role Towards Financial Integration
(2019-10-17)
This thesis is composed of six chapters with four main chapters that encompasses three broad topics – Islamic financial development and economic growth, determinants of financial development, and financial integration. The existing literature mainly focuses on their impact on economic growth or their role towards macroeconomic stability/instability. If financial sector is important, then why do countries have underdeveloped financial markets? In this thesis therefore, we explore a more fundamental question that, what ...
Aufsatz
Identification of individuals and groups in a public goods experiment
(2019-07-03)
Revealing the identities of contributors has been shown to increase cooperation in public goods games. In this paper we experimentally investigate whether this finding holds true when decisions are made by groups rather than individuals. We distinguish between groups in which members can discuss face-to-face to reach a decision and groups in which members communicate via computer chat. The results confirm the positive effect of identification on cooperation among individuals. For groups, however, we only find a small ...
Dissertation
Determinants and Effects of Local Public Education Expenditures - an Empirical Approach
(2019-09-18)
There are many (international) debates on education and education expenditures from a political economic as well as from a scientific perspective. However, the role of German counties and local agents in Germany in general has not been analyzed from an economic perspective yet. This is the reason why my doctoral thesis investigates the role of German counties as the “forgotten” agent for the determinants and effects of local public school expenditures. This cumulative dissertation consists of three econometric papers ...
Aufsatz
Voting on the threat of exclusion in a public goods experiment
(2019-04-01)
Ostracism is practiced by virtually all societies around the world as a means of enforcing cooperation. In this paper, we use a public goods experiment to study whether groups choose to implement an institution that allows for the exclusion of members. We distinguish between a costless exclusion institution and a costly exclusion institution that, if chosen, reduces the endowment of all players. We also provide a comparison with an exclusion institution that is exogenously imposed upon groups. A significant share of ...
Aufsatz
The choice of institutions to solve cooperation problems: a survey of experimental research
(2019-11-01)
A growing experimental literature studies the endogenous choice of institutions to solve cooperation problems arising in prisoners’ dilemmas, public goods games, and common pool resource games. Participants in these experiments have the opportunity to influence the rules of the game before they play the game. In this paper, we review the experimental literature of the last 20 years on the choice of institutions and describe what has been learned about the quality and the determinants of institutional choice. Cooperative ...
Dissertation
"Währungsunion ohne Wirtschaftsunion"
(2019)
Im Mittelpunkt der vorliegenden Arbeit steht die wirtschaftspolitische Analyse der Konstruktion der Wirtschafts- und Währungsunion. Während die Geld- und Währungspolitik in Europa seit 1999 vollständig supranationalisiert ist, verbleiben zentrale Politikbereiche wie die Wirtschafts- und Finanzpolitik weiterhin in nationalstaatlicher Verantwortung. Die derzeitigen Probleme der EWWU – so die grundlegende Erkenntnis dieser Arbeit – sind v.a. darin begründet, dass die Währungsunion nicht durch eine adäquate Wirtschaftsunion ...
Zeitschrift
Jahresbericht 2018
(Universität Kassel, Fachbereich Wirtschaftswissenschaften, 2019)