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Forecasting Life Satisfaction across Adulthood: Benefits of Seeing a Dark Future?

Anticipating one's future self is a unique human capacity that contributes importantly to adaptation and health throughout adulthood and old age. Using the adult life span sample of the national German Socio-Economic Panel (SOEP; N > 10,000, age range 18 to 96 years), we investigated age-differential stability, correlates, and outcomes of accuracy in anticipation of future life satisfaction across ...

Spillover Effects of Maternal Education on Child's Health and Health Behavior

This study investigates the effects of maternal education on child's health and health behavior. We draw on a rich German panel data set containing information about three generations. This allows instrumenting maternal education by the number of her siblings while conditioning on grandparental characteristics. The instrumental variables approach has not yet been used in the intergenerational context ...

SHARELIFE - One Century of Life Histories in Europe

Welfare state interventions shape our life courses in almost all of their multiply linked domains. In this introduction, we sketch how cross-nationally comparative retrospective data can be fruitfully employed to better understand these links and the long-run effects of the welfare state at the same time. We briefly introduce SHARE, the Survey of Health, Ageing and Retirement in Europe, and SHARELIFE, ...

Check Verbraucherpolitik und Verbraucherbeteiligung: Empfehlungen für eine evidenzbasierte Verbraucherpolitik

The paper discusses the opportunities for an empirically grounded decision support system as an instrument for independent and scientifically based consumer policy consulting. To date, consumer policy is dominated by the information paradigm and the leitbild of the rational, sovereign and information-seeking consumer. Yet, both everyday practice and research in behavioural economics show that this ...

Does Legalized Prostitution Increase Human Trafficking?

This paper investigates the impact of legalized prostitution on human trafficking inflows. According to economic theory, there are two opposing effects of unknown magnitude. The scale effect of legalized prostitution leads to an expansion of the prostitution market, increasing human trafficking, while the substitution effect reduces demand for trafficked women as legal prostitutes are favored over ...

L'entrée sur le marché du travail des descendants d'immigrés: une analyse comparée France-Allemagne

Assessing the Strength and Effectiveness of Renewable Electricity Feed-in Tariffs in European Union Countries

In the last two decades, feed-in tariffs (FIT) have emerged as one of the most popular policies for supporting renewable electricity (RES-E) generation. A few studies have assessed the effectiveness of RES-E policies, but most ignore policy design features and market characteristics (e.g. electricity price and production cost) that influence policy strength. We employ 1992-2008 panel data to conduct ...

Financial Inclusion and Financial Integrity: Aligned Incentives?

The Financial Action Task Force embraces financial inclusion as complementary to anti-money laundering and counter-terrorist financing, as it enhances transparency. This support is based on the premise that the increased use of formal financial services leads to a reduction of usage of informal services. We present evidence on eight African countries that both are not negatively associated. Moreover, ...

Credit Reporting, Financial Intermediation and Identification Systems: International Evidence

Credit reporting systems are an important ingredient for financial markets. These systems are based upon the unique identification of borrowers, which is enabled if a compulsory national identification system exists in a country. We present evidence derived from difference-in-difference analyses on the impact of credit reporting and identification systems on financial intermediation in 172 countries ...

Renewable Electric Energy Integration: Quantifying the Value of Design of Markets for International Transmission Capacity

Integrating large quantities of variable renewable electricity generation remains a political and operational challenge. One of the main obstacles in Europe to installing at least 200 GWs of power from variable renewable sources is how to deal with the insufficient network capacity and the congestion that will result from new flow patterns. We model the current methodology for controlling congestion ...