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Disentangling Demand and Supply Shocks in the Crude Oil Market: How to Check Sign Restrictions in Structural VARs

Sign restrictions have become increasingly popular for identifying shocks in structural vector autoregressive (SVAR) models. So far there are no techniques for validating the shocks identified via such restrictions. Although in an ideal setting the sign restrictions specify shocks of interest, sign restrictions may be invalidated by measurement errors, data adjustments or omitted variables. We model ...

Validating Abbreviated Measures of Effort-Reward Imbalance at Work in European Cohort Studies: The IPD-Work Consortium

Cohort Profile: The Berlin Aging Study II (BASE-II)

Die Berechnung des Siegers: Marktwert, Ungleichheit, Diversität und Routine als Einflussfaktoren auf die Leistung professioneller Fußballteams

Vermarktlichung und Globalisierung haben den Profifußball und die Zusammensetzung von Mannschaften fundamental verändert. Vor dem Hintergrund der veränderten Rahmenbedingungen untersucht der Beitrag, in welchem Maße (a) der Marktwert einer Mannschaft, (b) ihre interne Ungleichheit, (c) die kulturelle Diversität eines Teams sowie (d) der Grad der Fluktuation im Team über den sportlichen Erfolg in nationalen ...

Parents Transmit Happiness along with Associated Values and Behaviors to Their Children: A Lifelong Happiness Dividend?

There are strong two-way links between parent and child happiness (life satisfaction), even for ‘children’ who have grown up, moved to their own home and partnered themselves. German panel evidence shows that transmission of (un)happiness from parents to children is partly due to transmission of values and behaviors known to be associated with happiness (Headey et al. in Proc Natl Acad Sci 107(42):17922–17926, ...

Noise Expectations and House Prices: The Reaction of Property Prices to an Airport Expansion

We examine the effects of an airport expansion on the prices of houses and apartments located under the planned flight paths. We focus on the role of expectations of aircraft noise during the expansion of Berlin-Brandenburg International Airport. The publication of the flight paths can be seen as an exogenous event. It provides local residents and potential home buyers with reliable information in ...

Perceived Personal Control Buffers Terminal Decline in Well-Being

Recent research has repeatedly demonstrated that well-being typically evinces precipitous deterioration close to the end of life. However, the determinants of individual differences in these terminal declines are not well understood. In this study, we examine the role of perceived personal control as a potential buffer against steep terminal declines in well-being. We applied single- and multiphase ...

Interethnische Freundschaften in Deutschland

Der Beitrag widmet sich der Beschreibung interethnischer Freundschaften zwischen Zuwanderern, ihren Nachkommen und der Mehrheitsbevölkerung in der Bundesrepublik Deutschland. Das Augenmerk richtet sich auf die zwischen verschiedenen Migrantengruppen und Generationen bestehenden Unterschiede in den Beziehungsmustern sowie auf die Bedingungen ihrer Entstehung. Die Aufnahme interethnischer Kontakte wird ...

Inequality and the Time Structure of Earnings: Evidence from Germany

This paper studies the relationships between annual and subannual inequality and mobility during the course of the year. We apply an exact decomposition framework as outlined in Wodon and Yitzhaki (Econ Bull 4:1–8, 2003), and in Yitzhaki and Wodon (Research on Economic Inequality 12:179–199, 2004). Earnings records of pension insurants in Germany serve as the database. The long time horizon of our ...

Remittances and the Human Capital of Children: New Evidence from Kyrgyzstan during Revolution and Financial Crisis, 2005–2009

We analyze the effect of the receipt of remittances on the education and health of children in Kyrgyzstan during a volatile period of their recent history, 2005–2009. The country experienced revolution in 2005 and the global financial crisis beginning in 2008. Both events impact human capital investment, and the changes vary by region of the country. We use fixed effects estimation and fixed effects, ...