Junior Professor Florian Ziel is a new member of the Young Faculty of the Ruhr Graduate School in Economics (RGS Econ). The RGS Econ is a center for research and higher education in Economics. It was founded by three universities in the Ruhr Area- Bochum, Dortmund and Duisburg-Essen as well as by RWI, one of Germany‘s leading economic research institutes.