Fabian Krüger

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In line with earlier literature, I document a U-shaped relationship between age and wage dispersion in the U.S.. To explain this outcome, I consider a life-cycle model of labor market search with strategic wage bargaining, heterogeneous firm-worker matches, and endogenous search effort. Three factors shape the age-inequality profile of wages in the model(More)
The pricing kernel puzzle concerns the locally increasing empirical pricing kernel, which is inconsistent with a risk-averse representative investor in a single period, single state variable setting. Some recent papers worry that the puzzle is caused simply by the mismatch of backward looking subjective and forward looking risk-neutral distributions of(More)
Acknowledgement This doctoral dissertation has been written at the Department of Economics at the University of Konstanz. I am indebted to my supervisor Prof. Dr. Winfried Pohlmeier for his continuous support of my work and his professional advice and guidance. I wish to express my thanks to Prof. Dr. Axel Kind who agreed to serve as the second supervisor(More)
Nutzungsdaten von Industrieunternehmen, die auf systembasierten Analysen fundieren, liegen als empirisches Datenmaterial der Wirtschaftsinformatik kaum vor. Der Beitrag stellt 53 detailliert analysierte Industrieunternehmen vor, deren Daten Aufschluss über Häufigkeit der Nutzung von Produktionsprozessen liefern und die Tätigkeitsschwerpunkte von Anwendern(More)
Acknowledgements During the time of writing this thesis I received support and encouragement from many people. Without their help the completion of this work would not have been possible. Therefore, I would like to express my sincere gratitude to everyone who helped and guided me in this journey. First I would like to thank my supervisor Prof. Ralf(More)
Acknowledgement I am deeply indebted to my advisor Friedrich Breyer. He has been a true mentor for me since the second year of my undergraduate studies and supported and advised me throughout all the years. He has crucially influenced my way of thinking about economic questions. I also owe special thanks to my second advisor Leo Kaas. He has generously(More)
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