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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
We investigate whether non-cognitive skills – in particular Locus of Control – are important determinants of mobility processes for male workers at the low-wage margin. Our results reveal a significant amount of state dependence in low pay even after controlling for non-cognitive skills. Furthermore, compared to individuals with an external Locus of Control, individuals with a more internal Locus of ...
In:
Journal of Economic Psychology
53 (2016), S. 164-177
| Daniel D. Schnitzlein, Jens Stephani
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Referierte Aufsätze Web of Science
In this paper, we analyze the technical efficiency and CO2 reduction potentials of German power and heat plants, using a non-parametric sequential Data Envelopment Analysis. We apply a metafrontier framework to evaluate plant-level efficiency in the transformation of inputs into desirable (energy) and undesirable (CO2 emissions) outputs, taking into account different fossil fuel generation technologies. ...
In:
Energy Economics
56 (2016), S. 9-19
| Stefan Seifert, Astrid Cullmann, Christian von Hirschhausen
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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
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Referierte Aufsätze Web of Science
By using estimates from a Demographically-Scaled Quadratic Almost Ideal Demand System (DQUAIDS), we investigate how the German car fuels tax changes the private households’ CO2 emissions, living standards, and post-tax income distribution. Our results show that the tax implies a trade-off between the aim to reduce emissions and vertical equity, which refers to the idea that people with a greater ability ...
In:
Resource and Energy Economics
44 (2016), S. 206-233
| Dragana Nikodinoska, Carsten Schröder
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Referierte Aufsätze Web of Science
Objective To quantify the association between long working hours and alcohol use.Design Systematic review and meta-analysis of published studies and unpublished individual participant data.Data sources A systematic search of PubMed and Embase databases in April 2014 for published studies, supplemented with manual searches. Unpublished individual participant data were obtained from 27 additional studies.Review ...
In:
The BMJ
350 (2015), g7772, S. 1-14
| Marianna Virtanen, Markus Jokela, Solja T. Nyberg, Ida E. H. Madsen, Tea Lallukka, Kirsi Ahola, Lars Alfredsson, G. David Batty, Jakob B. Bjorner, Marianne Borritz, Hermann Burr, Annalisa Casini, Els Clays, Dirk De Bacquer, Nico Dragano, Raimund Erbel, Jane E. Ferrie, Eleonor I. Fransson, Mark Hamer, Katriina Heikkilä, Karl-Heinz Jöckel, France Kittel, Anders Knutsson, Markku Koskenvuo, Karl-Heinz Ladwig, Thorsten Lunau, Martin L. Nielsen, Maria Nordin, Tuula Oksanen, Jan H. Pejtersen, Jaana Pentti, Reiner Rugulies, Paula Salo, Jürgen Schupp, Johannes Siegrist, Archana Singh-Manoux, Andrew Steptoe, Sakari B. Suominen, Töres Theorell, Jussi Vahtera, Gert G. Wagner, Peter J. M. Westerholm, Hugo Westerlund, Mika Kivimäki
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Referierte Aufsätze Web of Science
The career concerns literature predicts that incentives for effort decline as beliefs about ability become more precise (Holmström, 1982, 1999). In contrast, we show that effort can increase with belief precision when agents compete for promotions to better paid jobs that are assigned on the basis of perceived abilities. In this case, an intermediate level of precision provides the strongest incentive ...
In:
The Economic Journal
125 (2015), 589, S. 1952-1963
| Jeanin Miklós-Thal, Hannes Ullrich