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Referierte Aufsätze Web of Science
Foreign exchange rate expectations play a central role in virtually all monetary models for the open economy. Therefore, it is extremely important to gain empirical insights into the expectations formation process. In this paper, we use a unique disaggregated data set to model the expectations of file Yen/USD exchange rate of about 50 leading foreign exchange rate professionals. The survey includes ...
In:
International Journal of Finance and Economics
13 (2008), 4, S. 360-367
| Christian Dreger, Georg Stadtmann
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Referierte Aufsätze Web of Science
In this paper we use the Kumar and Russell [American Economic Review (2002) Vol. 92, pp. 527-548] growth-accounting procedure to examine cross-country growth during the 1990s. Using a data set comprising developed, newly industrialized, developing and transitional economies, we decompose the growth of output per worker into components attributable to technological catch-up, technological change and ...
In:
Oxford Bulletin of Economics and Statistics
70 (2008), 4, S. 461-491
| Oleg Badunenko, Daniel J. Henderson, Valentin Zelenyuk
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Referierte Aufsätze Web of Science
Longitudinal data spanning 22 years, obtained from deceased participants of the German Socio-Economic Panel Study (SOEP; N = 1,637; 70- to 100-year-olds), were used to examine if and how life satisfaction exhibits terminal decline at the end of life. Changes in life satisfaction were more strongly associated with distance to death than with distance from birth (chronological age). Multiphase growth ...
In:
Developmental Psychology
44 (2008), 4, S. 1148-1159
| Denis Gerstorf, Nilam Ram, Ryne Estabrook, Jürgen Schupp, Gert G. Wagner, Ulman Lindenberger
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Referierte Aufsätze Web of Science
This paper tests the hypothesis that the ongoing restructuring process in the European electricity sector has led to a common European market for electricity. Based on a Principal Component Analysis (PCA) of wholesale electricity prices in 2002-2006, we reject the assumption of full market integration. For several pairs of countries, the weaker hypothesis of (bilateral) convergence is accepted based ...
In:
Energy Economics
30 (2008), 4, S. 1659-1671
| Georg Zachmann
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Referierte Aufsätze Web of Science
Using representative micro data from the German Socio-Economic Panel Study (SOEP), this paper delivers new insights into the development of income inequality and regional stratification in Germany after unification. This paper applies a new method for detecting social stratification by a decomposition of the Gini index that yields the obligatory between- and within-group components as well as an 'overlapping' ...
In:
Regional Studies
42 (2008), 4, S. 555-577
| Joachim R. Frick, Jan Goebel
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Referierte Aufsätze Web of Science
We test the hypothesis that rising prices of emission allowances have a stronger impact on wholesale electricity prices than falling prices (asymmetric cost pass-through). Using an autoregressive distributed lag model, we confirm this hypothesis for the German market
In:
Economics Letters
99 (2008), 3, S. 465-469
| Georg Zachmann, Christian von Hirschhausen
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Referierte Aufsätze Web of Science
This paper addresses the existence of Nash equilibria in one-way flow models in a number of different settings. In these models players form costly links with other players and obtain resources from them through the directed path connecting them. We find that heterogeneity in the costs of establishing links plays a crucial role for the existence of Nash networks. The paper also provides conditions ...
In:
Economic Theory
37 (2008), 3, S. 491-507
| Pascal Billand, Christophe Bravard, Sudipta Sarangi
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Referierte Aufsätze Web of Science
Analysis of consumer-related and consumer-generated data is a very important way to measure the success of on-line retailing. The software packages for data analysis have two major shortcomings: (1) solutions are not offered as a service reachable by standard procedures over the Internet, but as isolated standalone applications or ERP system modules; (2) privacy restrictions need to be integrated into ...
In:
International Journal of Electronic Commerce
12 (2008), 3, S. 115-150
| Bettina Berendt, Sören Preibusch, Maximilian Teltzrow
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Referierte Aufsätze Web of Science
This paper investigates the association between obesity and skill attainment in early childhood (aged 2-3 years). Data from the German Socio-Economic Panel Study are used to estimate models of developmental functioning in four critical areas (verbal skills, activities of daily living, motor skills, and social skills) as a function of various measures of weight (including body mass index and obesity) ...
In:
Economics and Human Biology
6 (2008), 3, S. 388-397
| John Cawley, C. Katharina Spieß
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Referierte Aufsätze Web of Science
While global migration is increasing, internal EU migration flows have only increased slowly. This paper contributes to a better understanding of the determinants and scale of European migration. It surveys previous historical experiences and empirical findings including the recent Eastern enlargements. The determinants of migration before and after the 2004 enlargement and in the EU15 and EU10 countries ...
In:
Oxford Review of Economic Policy
24 (2008), 3, S. 428-452
| Anzelika Zaiceva, Klaus F. Zimmermann