This paper studies the impact of financial investments on agricultural futures prices, using structural vector autoregressions. We identify exogenous variation in net long positions of speculators through heteroskedasticity. We first show that demand shocks of both index investors and noncommercial traders lead to a statistically significant contemporaneous increase in futures prices. We then quantify ...
A body of literature reports higher rates of depression and neuroticism in female samples compared to male samples. Numerous studies have investigated the role of prenatal sex hormone exposure in this sex difference, using the ratio between the second and fourth digit of the hand (“2D:4D”) as a putative marker. However, the sample sizes of those studies were mostly small and results remained inconclusive. ...
Tobias Heidland hat einen Ruf auf eine W3-Professur für Volkswirtschaftslehre, insbesondere International Macroeconomics, an der Wirtschafts- und Sozialwissenschaftlichen Fakultät, verbunden mit einer Abteilungsleitung am Institut für Weltwirtschaft an der Christian-Albrechts-Universität zu Kiel, angenommen. Er wird zum 1. Oktober 2020 diese Professur antreten und deshalb auch als ...
This study seeks to examine the implications of student employment for the studies, the entry into the labour market, and social inequalities in higher education. The main argument is that both the quantity and quality of work alongside studies can affect relevant academic and labour market outcomes. On the one hand, high amounts of work may prolong the studies and decrease academic achievement. Side-jobs ...
Ulrike Ehrlich of the German Centre of Gerontology (DZA), Lara Minkus and Moritz Hess of SOCIUM, Bremen, received the Best Paper Award 2020 for young researchers from the German Society for Demography in April 2020. The paper, entitled “Einkommensrisiko Pflege? Der Zusammenhang von familiärer Pflege und Lohn” (“The care-wage penalty: the association between family care and ...
As the German constitution aims for equal living conditions, a huge number of political measures to enhance the conditions in the new states were undertaken after unification (known as the “Aufbau Ost”). In the new states, expenditure per capita rose significantly over the average expenditure of the old states and their municipalities and huge budget deficits occurred. Beginning in the mid-1990s, expenditure ...
