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Referierte Aufsätze Web of Science
This paper uses propensity score methods to analyse the effect of involuntary maternal job loss on children's non-cognitive skills. My analyses are based on a rich and nationwide random sample, the German Socio-Economic Panel Study (SOEP) that includes information about maternal job loss and child behaviour and non-cognitive skills, in addition to a rich conditioning set. The results show that maternal ...
In:
Labour Economics
42 (2016), S. 43-63
| Frauke H. Peter
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Referierte Aufsätze Web of Science
We analyze the electricity transmission planning process in Germany (Netzentwicklungsplan), which separates transmission expansion decisions from generation dispatch. We employ an economic modeling approach to analyze two different network planning settings. In the first setting, there is no trade-off between transmission network development and generation dispatch, as is currently the case in Germany. ...
In:
Energy Policy
94 (2016), S. 446-452
| Claudia Kemfert, Friedrich Kunz, Juan Rosellón
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Referierte Aufsätze Web of Science
Investigating the impact of family instability is important as more and more children experience different family changes in many industrialized countries. In this paper we examine the dynamics of family structure, looking at the potential effect of yearly maternal partnership transitions on adolescents’ locus of control. We aim at combining research on family instability with research on non-cognitive ...
In:
The B.E. Journal of Economic Analysis & Policy
16 (2016), 3, S. 1439-1471
| Frauke H. Peter, C. Katharina Spieß
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Referierte Aufsätze Web of Science
This paper studies the reaction of the Euro's value against major currencies to sovereign rating announcements from Moody's, S&P and Fitch CRAs during the Eurozone debt crisis in 2010–2012 based on event study methodology combined with GARCH models. We also analyze how the yields of French, Italian, German and Spanish government long-term bonds were affected by CRA announcements. Our results reveal ...
In:
Journal of Financial Stability
24 (2016), S. 117-131
| Christopher F. Baum, Dorothea Schäfer, Andreas Stephan
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Referierte Aufsätze Web of Science
We provide new evidence on the impact of one severe weather event on child height in Mongolia. While previous studies mostly focus on rainfall shocks in tropical or dry climate areas, our focus is on the extremely harsh winter that hit Mongolia in 2009–10. The severe winter—locally referred to as a dzud—caused catastrophic damage and resulted in the death of 10.3 million livestock. Our analysis identifies ...
In:
World Development
86 (2016), S. 59-78
| Valeria Groppo, Kati Krähnert
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Referierte Aufsätze Web of Science
We use single equation and system instrumental variable models to explore if individuals smoke during times of stress (the motivation effect) and if they are successful in self-medicating short-term stress (the self-medication effect). Short-term stress is a powerful motivator of smoking, and the decision to smoke could trigger biological feedback that immediately reduces short-term stress. We use ...
In:
Economics and Human Biology
22 (2016), S. 94-102
| Michael F. Pesko, Christopher F. Baum
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Referierte Aufsätze Web of Science
We use changes in Brazil's tax on capital inflows from 2006 to 2013 to test for direct portfolio effects and externalities from capital controls on investor portfolios. We find that an increase in Brazil's tax on foreign investment in bonds causes fund managers to significantly decrease their portfolio allocations to Brazil in both bonds and equities. Fund managers simultaneously increase allocations ...
In:
Journal of International Economics
99 (2016), S. 85-104
| Kristin Forbes, Marcel Fratzscher, Thomas Kostka, Roland Straub
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Referierte Aufsätze Web of Science
Recent supply security concerns in Europe have revived interest into the natural gas market. We investigate infrastructure investment and trade in an imperfect market structure for various possible risks for both supply and demand. We focus on three possible scenarios in a stochastic global gas market model: (i) transit of Russian gas via Ukraine that may be disrupted from 2020 on; (ii) natural gas ...
In:
Energy Policy
94 (2016), S. 468-479
| Ruud Egging, Franziska Holz
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Referierte Aufsätze Web of Science
In response to the Great Financial Crisis (GFC), bank regulatory regimes were tightened world-wide to strengthen banking stability and the resilience of the banking sectors. Yet, it is often claimed that regulatory tightening may lead banks to cut back on lending and comes at the cost of a lower loan supply. The present paper uses a country panel for 50 advanced and emerging market economies to analyze ...
In:
Journal of International Money and Finance
66 (2016), S. 113-135
| Marcel Fratzscher, Philipp König, Claudia Lambert
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Referierte Aufsätze Web of Science
This article studies long run wage mobility as a characteristic of regional labor markets. Using German administrative data we describe wage mobility since 1975 in West and since 1992 in East Germany. Wage mobility declined substantially in East Germany in the 1990s and moderately in East and West Germany since the late 1990s. These findings are robust in many dimensions. We apply RIF regression based ...
In:
Labour Economics
39 (2016), S. 11-34
| Regina T. Riphahn, Daniel D. Schnitzlein