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Referierte Aufsätze Web of Science
Throughout adulthood and old age, levels of well-being appear to remain relatively stable. However, evidence is emerging that late in life well-being declines considerably. Using long-term longitudinal data of deceased participants in national samples from Germany, the United Kingdom, and the United States, we examined how long this period lasts. In all 3 nations and across the adult age range, well-being ...
In:
Psychology and Aging
25 (2010), 2, S. 477-485
| Denis Gerstorf, Nilam Ram, Guy Mayraz, Mira Hidajat, Ulman Lindenberger, Gert G. Wagner, Jürgen Schupp
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Referierte Aufsätze Web of Science
We investigate the analytical and empirical linkages between cash flow, uncertainty, and firms' capital investment behavior. Our empirical approach constructs measures of own- and market-specific uncertainty from firms' daily stock returns and S&P 500 index returns along with a CAPM-based risk measure. Our results indicate that even in the presence of important firm-specific variables, uncertainty ...
In:
Oxford Economic Papers
62 (2010), 2, S. 286-306
| Christopher F. Baum, Mustafa Caglayan, Oleksandr Talavera
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Referierte Aufsätze Web of Science
This paper analyses whether aid channelled through non-governmental organisations (NGOs) is less affected by selfish donor motivations and better targeted to needy recipient countries than aid distributed by state agencies. We employ Tobit (and Probit) models and make use of an exceptionally detailed database that allows an assessment of the allocation of Swedish aid channelled through NGOs in comparison ...
In:
The World Economy
33 (2010), 2, S. 147-176
| Axel Dreher, Florian Mölders, Peter Nunnenkamp
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Referierte Aufsätze Web of Science
This paper studies the effects of a minimum price fixed by a bureaucratic non-monopolistic professional association on service quality and consumer surplus. It shows that the price set by a Niskanen-type professional association will maximize consumer surplus only if consumers demand the highest possible average quality. If consumers demand services of lesser quality, the association's price will be ...
In:
European Journal of Law and Economics
30 (2010), 2, S. 171-199
| Georg Meran, Reimund Schwarze
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Referierte Aufsätze Web of Science
This paper defines the global economic costs of conflict and suggests two key criteria, namely comprehensiveness and consistency, which are necessary for a valid calculation of such costs. A critical review of the literature reveals that most studies focus on national income losses, using counterfactual regression models, finding a negative impact on growth both for conflict countries themselves and ...
In:
Defence & Peace Economics
21 (2010), 2, S. 165-176
| Carlos Bozzoli, Tilman Brück, Simon Sottsas
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Referierte Aufsätze Web of Science
Die aktuellen Finanzmarktturbulenzen wurden durch Entwicklungen im Immobiliensektor ausgelöst. Vor diesem Hintergrund analysiert dieser Beitrag den Zusammenhang zwischen den Immobilienpreisen und der Geldmengen- und Kreditvolumensentwicklung für den Zeitraum 1992 -2006 (westdeutsche Preisdaten) bzw. 1997 bis 2006 (ostdeutsche Preisdaten). Die Untersuchung konzentriert sich erstmals auf die Bundesrepublik ...
In:
Jahrbücher für Nationalökonomie und Statistik
230 (2010), 2, S. 138-162
| Ansgar Belke
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Referierte Aufsätze Web of Science
This study models maximum temperatures in Switzerland monitored in twelve locations using the generalised extreme value (GEV) distribution. The parameters of the GEV distribution are determined within a Bayesian framework. We find that the parameters of the underlying distribution underwent a substantial change in the beginning of the 1980s. This change is characterised by an increase both in the level ...
In:
Stochastic Environmental Research and Risk Assessment
24 (2010), 2, S. 311-326
| Boriss Siliverstovs, Rainald Ötsch, Claudia Kemfert, Carlo C. Jaeger, Armin Haas, Hans Kremers
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Referierte Aufsätze Web of Science
The paper analyzes the incidence, the severity and the correlates of household poverty in Ukraine during transition using two comparable surveys from 1996 and 2004. We measure poverty using income and consumption and various poverty lines. Poverty estimates are higher than previously reported if controlling for transition-related labor market shocks. Poverty in both periods follows some of the correlates ...
In:
Journal of Comparative Economics
38 (2010), 2, S. 123-145
| Tilman Brück, Alexander M. Danzer, Alexander Muravyev, Natalia Weißhaar
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Referierte Aufsätze Web of Science
Although sample selection bias is a frequent problem of applied research, there has been no generalization of sample selection models with binary dependent variables of interest to data with temporal error correlations. We suggest a generalized estimating equation approach to panel data selection models, considering binary responses in both equations. We demonstrate the utility of this model by a simulation ...
In:
Political Analysis
18 (2010), 2, S. 172-188
| Martin Spieß, Martin Kroh
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Referierte Aufsätze Web of Science
In this paper I develop an intertemporal discrete choice model of female labor supply to analyze the effects of true state dependence and its effect on labor supply behavior over time. The estimation results show that state dependence is significantly positive at the extensive margin and lower but in general still significant at the intensive margin. I apply this model to study the short and long run ...
In:
Labour Economics
17 (2010), 2, S. 323-335
| Peter Haan