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Referierte Aufsätze Web of Science
The price of institutional long-term care is a key determinant of the demand for both formal and informal long-term care. In this paper, we examine how the regional unemployment rate as a proxy for macroeconomic conditions influences these prices. Our analysis draws on administrative data that provide detailed information on all nursing homes and ambulatory care services, as well as all recipients ...
In:
The Journal of the Economics of Ageing
32 (2025), 100600, 15 S.
| Johannes Geyer, Peter Haan, Mia Teschner
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Referierte Aufsätze Web of Science
Germany’s energy transition relies on variable renewables and electricity use across sectors, and it needs to accelerate. We argue that consistent policy commitments to proven technologies, such as wind and solar power, heat pumps and electric cars are needed.
In:
Communications Earth & Environment
6 (2025), 859, 5 S.
| Wolf-Peter Schill, Adeline Guéret, Alexander Roth, Felix Schmidt
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Referierte Aufsätze Web of Science
Stock market participation among working household heads jumped upwards in 2020 - in Germany by about 25 %. A major cause is the required use of work from home (WfH). We show this by adding WfH to a large set of explanatory variables. Moreover, we implement an instrumental variables estimation based on industry-specific levels of WfH-capacity. The transmission channels seem to work via increased available ...
In:
International Review of Financial Analysis
107 (2025), 104604, 12 S.
| Lorenz Meister, Lukas Menkhoff, Carsten Schröder
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Referierte Aufsätze Web of Science
This study investigates researcher variability in computational reproduction, an activity for which it is least expected. Eighty-five independent teams attempted numerical replication of results from an original study of policy preferences and immigration. Reproduction teams were randomly grouped into a ‘transparent group’ receiving original study and code or ‘opaque group’ receiving only a method ...
In:
Royal Society Open Science
12 (2025), 241038., 23 S.
| Nate Breznau, Eike Mark Rinke, Alexander Wuttke, Philipp M. Lersch, Lea-Maria Löbel, Cristóbal Moya (et al.)
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Referierte Aufsätze Web of Science
From standard portfolio-choice theory, it is well-understood that background risk, primarily due to wage risk, is one of the central determinants of individuals’ portfolio composition: higher background risk reduces risky investments. However, if background risk is negatively correlated with financial market risk, higher background risk implies a more risky investment. We quantify the influence of ...
In:
International Review of Financial Analysis
100 (2025), 103985, 13 S.
| Johannes König, Maximilian Longmuir
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Referierte Aufsätze Web of Science
This paper analyzes three key labor market trends – structural change, servitization, and skill-biased change – using German data from 1975 to 2017. Through a decomposition analysis, we discern their individual impacts on employment shifts, revealing their distinct roles in the German labor market’s evolution. Servitization and skill-biased change significantly influence employment growth alongside ...
In:
Labour Economics
97 (2025), 102778, 16 S.
| Dominik Boddin, Thilo Kroeger
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Referierte Aufsätze Web of Science
Theory suggests that corporate and sovereign bonds are fundamentally different, also because sovereign debt has no bankruptcy mechanism and is hard to enforce. We show empirically that the two assets are more similar than you think, at least when it comes to high-yield bonds over the past 20 years. We use rich new data to compare high-yield US corporate (“junk”) bonds to high-yield emerging market ...
In:
Journal of International Economics
155 (2025), 104082, 27 S.
| Gita Gopinath, Josefin Meyer, Carmen M. Reinhart, Christoph Trebesch
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Referierte Aufsätze Web of Science
This study investigates how actual and anticipated intergenerational wealth transfers – i.e., inter vivos gifts and inheritances – contribute to inequalities in the transition to homeownership by parental social class. Utilizing discrete-time survival analysis on data from the German Socioeconomic Panel Study (N = 13,018), we find that individuals whose parents were manual workers or service workers ...
In:
Social Science Research
129 (2025), 103190, 19 S.
| Jascha Dräger, Nora Müller, Klaus Pforr
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Referierte Aufsätze Web of Science
We propose a novel method to detect and disentangle moderate and severe health shocks in a general population survey based on a data-driven classification of sickness absences and hospitalizations. Both types of shocks are widespread with an annual incidence of about 1.7%, which rises steeply with age. We estimate the effects of both shocks on labor market outcomes and find that severe shocks have ...
In:
Labour Economics
96 (2025), 102747, 13 S.
| Mattis Beckmannshagen, Johannes Koenig
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Referierte Aufsätze Web of Science
Many governments consider new nuclear power plants to promote decarbonization. On the one hand, dispatchable nuclear plants can complement fluctuating generation from wind and PV. On the other hand, escalating construction costs and times raise economic concerns. This paper investigates the economic threshold at which nuclear plants are an efficient decarbonization option. Building on an extensive ...
In:
Energy Strategy Reviews
60 (2025), 101782, 22 S.
| Leonard Göke, Alexander Wimmers, Christian von Hirschhausen