New Releases by Peter Huber

We study whether the positive effects of homeownership on political participation and social capital, found in developed market economies, extend to post-communist countries. We find that homeownership is strongly related to higher participation in local-level and national elections. In post-communist countries, homeownership is also related to higher social trust. However, the positive association between homeownership and volunteering found in developed market economies does not extend to post-communist countries. Together, our results corroborate that homeownership is associated with positive social benefits. However, these effects are highly heterogeneous and context-dependent.

New medicines in the pipeline can extend lives, save money, and even help prevent disease before symptoms appear – if we don’t discourage their innovators and investors by trying to lower drug prices artificially. Unlocking Precision Medicine explores the environment necessary for creation of these health care game-changers, and explains how the marketplace can effectively make them more affordable to all without killing the golden goose.

We empirically analyze the impact of relative deprivation on the intended duration of stay of potential cross-border commuters and migrants. A theoretical model lends support to the hypothesis that deprivation affects the intended duration of stay of migrants in a U-shaped fashion, but does not affect potential commuters. Empirical evidence from one of the most densely populated border regions of the EU confirms both these hypotheses. These results are robust over different estimation methods and apply both when measuring deprivation relative to friends and acquaintances as well as relative to the population residing in a region.

Dieser shortcut richtet den Blick auf Hypermedia as the Engine of Application State, kurz HATEOAS. Anhand konkreter Beispiele wird gezeigt, warum RESTful Hypermedia-APIs sinnvoll und nützlich sind. Anschließend wird die quelloffene Software Structr genauer unter die Lupe genommen. Sie erleichtert aufgrund ihres JSON-/REST-Servers das Erstellen mobiler Webanwendungen enorm. Zu guter Letzt widmen sich die Autoren zwei Aspekten aus den Praxisbereichen Design und Technik: Sie zeigen, wie mithilfe von HATEOAS bessere REST-APIs entworfen werden können und werfen einen Blick auf Spring HATEOAS. Zum Verständnis dieses shortcuts wird ein grundsätzliches Verständnis von REST und Spring vorausgesetzt.

In alternating chapters of fiction and nonfiction, Huber turns the computer against Orwell''s words, reimagining Orwell''s 1984 from the computer''s point of view, interpolating Huger''s own explanations and arguments.

This paper offers an empirical analysis of net job creation patterns at the firm level for the Austrian economy between 1993 and 2013 focusing on the impact of firm size and age. We propose a new estimation strategy based on a two-part model. This allows to identify the structural parameters of interest and to decompose behavioral differences between exiting and surviving firms. Our findings suggest that conditional on survival, young Austrian firms experience the largest net job creation rates. Differences in firm size are not able to explain variation in net job creation rates among the group of continuing enterprises. Job destruction induced by market exit, however, is largest among the young and small firms with this effect being even more pronounced during the times of the Great Recession. In order to formulate sensible policy recommendations, a separate treatment of continuing versus exiting firms as proposed by the new two-part model estimation approach seems crucial.

Analyzing the self-selection of workers into formal and informal sector employment in Tajikistan, a poor transition economy, with higher informal sector than formal sector wages and an informal sector employment share exceeding 50 percent, we find that the selection of formal and informal sector workers is based on comparative advantages rather that labor market segmentation. Furthermore, labor supply to the two sectors reacts rather elastically to relative wages. Policies increasing relative wages in the formal sector could thus be effective in reducing the high informal sector employment share in this country.

"... there is a lack of a clear and simple exposition of the CISG for students and practitioners. That is the role of the current book, which it fills admirably. All of the issues that have been raised in the cases and the literature are considered, but without excessive detail. This is a book that will do much to make the CISG an easily understandable text for all users, student and pracitioner alike." Preface by Professor Eric E. Bergsten

"The author analyzes regional labor market disparities in transition by presenting some data and summarizing existing literature. He finds that large and persistent regional labor market disparities developed in virtually all transition countries and that there is some evidence of polarization. Differences in starting conditions and market access seem to be the major reasons for regional divergence in transition. Furthermore, regional wages are only slightly more flexible than in many European Union labor markets, interregional migration is low, and capital seems to move toward high wage and low unemployment urban centers rather than to the most backward regions. Policy should thus take a long-run perspective on the existing regional disparities, focus on removing barriers to mobility, review existing institutions for implementing regional policy, and aim at a close coordination of regional and labor market policy instruments. "--World Bank web site.

A scathing indictment of the growing role of junk science in our courtrooms. Peter W. Huber shows how time and again lawyers have used—and the courts have accepted—spurious claims by so-called expert witnesses to win astronomical judgments that have bankrupted companies, driven doctors out of practice, and deprived us all of superior technologies and effective, life-saving therapies.