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The Role of Socioeconomic, Cultural, and Structural Factors in Daycare Attendance among Refugee Children

Bisherige Studien haben gezeigt, dass ethnische Bildungsungleichheiten bereits vor der Einschulung entstehen. Es wurde gezeigt, dass insbesondere für Lernende mit Migrationshintergrund eine frühe Bildungsbeteiligung einen positiven Einfluss auf die späteren Bildungsergebnisse hat, wobei der Erwerb der Sprache des Aufnahmelandes einer der Hauptmechanismen für diesen Effekt ist. Mit der Zuwanderung von ...

A Tale of Two Countries: The Long Shadow of the Crisis on Income and Wealth in Germany and Italy

Distributional Impacts of Carbon Pricing: A Meta-Analysis

Understanding the distributional impacts of market-based climate policies is crucial to design economically efficient climate change mitigation policies that are socially acceptable and avoid adverse impacts on the poor. Empirical studies that examine the distributional impacts of carbon pricing and fossil fuel subsidy reforms in different countries arrive at ambiguous results. To systematically determine ...

Parental Wealth and Children's Cognitive Ability, Mental, and Physical Health: Evidence from the UK Millenium Cohort Study

This article investigates the influence of wealth, a frequently neglected aspect of the economic circumstances of families, on children’s development. Using the UK Millennium Cohort Study, it explores whether parental wealth (net total wealth, net housing wealth, net financial wealth, and house value) is associated with children’s cognitive ability, mental, and physical health at age 11 (N = 8,645), ...

The Appropriateness of the Macroeconomic Imbalance Procedure for Central and Eastern European Countries

The European Commission’s Scoreboard of Macroeconomic Imbalances is a rare case of a publicly released early warning system. It was published first time in 2012 by the European Commission as a reaction to public debt crises in Europe. So far, the Macroeconomic Imbalance Procedure takes a one-size-fits-all approach with regard to the identification of thresholds. The experience of Central and Eastern ...

Changing Fortunes and Attitudes: What Determines the Political Trust In Modern Russia?

Research background: We are guided by concepts linking political trust with the perceived rank of people in the wealth hierarchy, their confidence in other people, and the means they use to learn about events at home and abroad.Purpose of the article: The aim of the article is to assess and analyse at the micro level the impact of subjective welfare, interpersonal trust and the intensity of usage of ...

Testing Identification via Heteroskedasticity in Structural Vector Autoregressive Models

Tests for identification through heteroskedasticity in structural vector autoregressive analysis are developed for models with two volatility states where the time point of volatility change is known. The tests are Wald-type tests for which only the unrestricted model, including the covariance matrices of the two volatility states, has to be estimated. The residuals of the model are assumed to be from ...

Merger Policy in Digital Markets: An Ex-Post Assessment

This paper presents a broad retrospective evaluation of mergers and merger decisions in markets dominated by multisided digital platforms. First, we document almost 300 acquisitions carried out by three major tech companies—Amazon, Facebook, and Google—between 2008 and 2018. We cluster target companies on their area of economic activity providing suggestive evidence on the strategies behind these mergers. ...

Nonparametric Regression with Selectively Missing Covariates

We consider the problem of regression with selectively observed covariates in a nonparametric framework. Our approach relies on instrumental variables that explain variation in the latent covariates but have no direct effect on selection. The regression function of interest is shown to be a weighted version of observed conditional expectation where the weighting function is a fraction of selection ...

Leisure Activities as a Driver of Personality Development? A Random-Intercept Cross-lagged Panel Model across 13 Years in Adulthood

Repeated experiences and activities drive personality development. Leisure activities are among the daily routines that may elicit personality change. Yet despite the important role they play in daily life, little is known about their prospective effects on personality traits and vice versa. The objective of this study was to examine the extent to which within-person changes in leisure activities lead ...