Nach wie vor entscheidet sich die Mehrheit der BachelorabsolventInnen für ein Masterstudium, auch wenn die Anteile zurückgehen. Wenig ist jedoch darüber bekannt, was diese Entscheidung beeinflusst und inwiefern dabei Informationen über zusätzliche Erträge eines Masterstudiums und dessen Finanzierung im Vergleich zu einem Bachelorstudium relevant sind. Die vorliegende Analyse auf Basis des Berliner-Studienberechtigten-Panels ...
In conventional structural vector autoregressive (VAR) models it is assumed that there are at most as many structural shocks as there are variables in the model. It is pointed out that heteroskedasticity can be used to identify more shocks than variables. However, even if there is heteroskedasticity, the number of shocks that can be identified is limited. A number of results are provided that allow ...
We introduce a selection model‐based multilevel imputation approach to be used within the fully conditional specification framework for multiple imputation. Concretely, we apply a censored bivariate probit model to describe binary variables assumed to be missing not at random. The first equation of the model defines the regression model for the missing data mechanism. The second equation specifies ...
Most policy instruments to reduce greenhouse gas (GHG) emissions have focused on producers, and on the energy efficiency of buildings, vehicles and other products. Behavioural changes related to climate change also impact ‘in-use’ emissions, and potentially, emissions both ‘upstream’ (including from imported goods) and ‘downstream’ (eg disposal). Consumption-oriented policies may provide avenues to ...
Understanding the causes of the slowdown in aggregate productivity growth is key to maintaining the competitiveness of advanced economies and ensuring long-term economic prosperity. This paper is the first to provide evidence that investment in Knowledge-Based Capital (KBC), despite having a positive effect on productivity at the micro level, is a driver of the weak productivity performance at the ...
Marica Valente, Ph.D. Student in the Energy, Transportation, Environment Department, has been invited to the 7th Lindau Meeting on Economic Sciences. The Nobel Laureate Meeting has chosen 373 young economists from 60 countries to join the conference. Due to the SARS-CoV-pandemie the meeting will be online. The actual meeting will take place in 2021. We congratulate Marica on this honor.