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Referierte Aufsätze Web of Science
Parental leave and subsidized child care are prominent examples of family policies supporting the reconciliation of family life and labor market careers for mothers. In this paper, we combine different empirical strategies to evaluate the employment effects of these policies for mothers with young children. In particular we estimate a structural labor supply model and exploit quasi-experimental variation ...
In:
Labour Economics
36 (2015), S. 84-98
| Johannes Geyer, Peter Haan, Katharina Wrohlich
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Referierte Aufsätze Web of Science
This paper aims at studying the causal effects of graduating from a university with an honors degree on subsequent earnings. While a rich body of literature has focused on estimating returns to human capital, few studies have analyzed returns at the very top of the education distribution. We highlight the importance of honors degrees for future labor market success in the context of German law graduates. ...
In:
Labour Economics
34 (2015), S. 39-50
| Ronny Freier, Mathias Schumann, Thomas Siedler
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Referierte Aufsätze Web of Science
Through an intertemporal budget constraint, jurisdictions may gain advantages in tax and spending competition by ‘competing’ on debt. While the existing spatial econometric literature focuses on tax and spending competition, very little is known about spatial interaction via public debt. If jurisdictions compete for mobile capital to finance public spending, they may compete in debt levels as well ...
In:
Regional Science & Urban Economics
53 (2015) 20-37
| Rainald Borck, Frank M. Fossen, Ronny Freier, Thorsten Martin
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Referierte Aufsätze Web of Science
This article empirically investigates the effects of differential income taxation on households' portfolio choice and asset allocation, applying a two-stage budgeting model of asset demand to German survey data. The model is structured into the discrete and the continuous asset choice. Cross-sectional variation in marginal tax rates, appropriately instrumented, as well as over-time variation from a ...
In:
Applied Economics
46 (2014), 8, S. 880-894
| Richard Ochmann
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Referierte Aufsätze Web of Science
We empirically derive the welfare effects of a shift from joint to individual taxation of married households in Germany. For the welfare evaluation we estimate the preference heterogeneity and use normative welfare concepts proposed by Fleurbaey (2006) to address the difficulties of comparison between and aggregation of heterogeneous agents. Our results suggest that the normative choice of the welfare ...
In:
Finanzarchiv
70 (2014), 4, S. 599-624
| André Decoster, Peter Haan
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Referierte Aufsätze Web of Science
The first minimum wage in Germany was introduced in 1997 for blue-collar workers in sub-sectors of the construction industry. In the setting of a natural experiment, blue-collar workers in neighboring 4-digit industries and white-collar workers are used as control groups for differences-in-differences-in-differences estimation based on linked employer-employee data. Estimation results reveal a sizable ...
In:
Empirical Economics
46 (2014), 4, 1429-1446
| Pia Rattenhuber
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Referierte Aufsätze Web of Science
Based on a large, representative German household panel, we investigate to what extent the personality of individuals influences the entry decision into and the exit decision from self-employment. We reveal that some traits, such as openness to experience, extraversion, and risk tolerance affect entry, but different ones, such as agreeableness or different parameter values of risk tolerance, affect ...
In:
Small Business Economics
42 (2014), 4, S. 787-814
| Marco Caliendo, Frank M. Fossen, Alexander S. Kritikos
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Referierte Aufsätze Web of Science
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this question, we use micro data to estimate a structural life-cycle model of individuals' employment, retirement and consumption decisions. We calculate that, in the case of Germany, an increase of 3.76 years in the pension age thresholds or a cut of 26.8% in the per-year value ...
In:
Journal of Econometrics
178 (2014), 3, S. 582-601
| Peter Haan, Victoria Prowse
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Referierte Aufsätze Web of Science
We analyse the impacts of changing employment patterns and pension reforms on the future level of public pensions across birth cohorts in Germany. The analysis is based on a microsimulation model and a rich data set that combines household survey data from the German Socio-Economic Panel Study (SOEP) and process-produced microdata from the German pension insurance. We account for cohort effects in ...
In:
Journal of Pension Economics and Finance
13 (2014), 2, S. 172-209
| Johannes Geyer, Viktor Steiner
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Referierte Aufsätze Web of Science
A personal bankruptcy law that allows for a "fresh start" not only reduces the individual risk involved in entrepreneurship, but may also lead to higher interest rates charged by creditors. Both effects are less relevant for wealthy potential entrepreneurs. This paper illustrates these effects in a model and tests the hypotheses derived by exploiting the introduction of a "fresh start" policy in Germany ...
In:
American Law and Economics Review
16 (2014), 1, S. 269-312
| Frank M. Fossen