-
DIW Discussion Papers 1104 / 2011
Good decision-making often requires people to perceive and handle a myriad of statistical correlations. Notably, optimal portfolio theory depends upon a sophisticated understanding of the correlation among financial assets. In this paper, we examine people's understanding of correlation using a sequence of portfolio-allocation problems and find it to be strongly imperfect. Our experiment uses pairs ...
2011| Erik Eyster, Georg Weizsäcker
-
DIW Discussion Papers 1102 / 2011
We construct a new, direct measure of female autonomy in household decision-making by creating an index from the principal components of a variety of household variables on which mother of a child takes decision. We then examine its impacts on her child's secondary education in Mexico and find that the children of Mexican mothers with greater autonomy in domestic decision making have higher enrolment ...
2011| Tanika Chakraborty, Prabal K. De
-
DIW Discussion Papers 1096 / 2011
Whether Europe will be able to stand up to its internal and external challenges crucially depends on its ability to manage its internal mobility and inflows of international migrants. Using a unique expert opinion survey, we document that Europe needs skilled migrants, and skill mismatch is to be expected. A review of current immigration policies shows that despite a number of positive recent developments ...
2011| Martin Kahanec, Klaus F. Zimmermann
-
DIW Discussion Papers 1095 / 2011
The standard approach of analysing gaps in social and labor market outcomes of different ethnic groups relies on analysis of statistical data about the affected groups. In this paper we go beyond this approach by measuring the views of expert stakeholders involved in minority integration. This enables us to better understand the risk of minority exclusion; the inner nature of discrimination, negative ...
2011| Amelie Constant, Martin Kahanec, Klaus F. Zimmermann
-
DIW Discussion Papers 1092 / 2010
Das ökonomische Potenzial ethnischer und kultureller Vielfalt wird häufig verkannt. Die Ergebnisse neuerer Studien, die in diesem Beitrag zusammengefasst werden, zeigen jedoch, dass sich "weiche" Faktoren wie etwa Einstellungen, Wahrnehmungen und Identitäten, hier insbesondere ethnische Identitäten, wesentlich auf ökonomische Ergebnisse auswirken können. Dies geht sowohl aus Analysen des Prozesses ...
2010| Ulf Rinne, Simone Schüller, Klaus F. Zimmermann
-
DIW Discussion Papers 1091 / 2010
The social and labor market integration of ethnic minorities in the EU is still a major political, societal and economic challenge. Based on evidence presented in Kahanec and Zimmermann (2011), this policy paper proposes an agenda for diversity and minority integration in the European labor markets. Policies to foster the labor market and social integration of ethnic majorities can work. But they need ...
2010| Martin Kahanec, Klaus F. Zimmermann
-
DIW Discussion Papers 1090 / 2010
This paper sheds light on the labor market situation of ethnic minorities in the European Union. Facing a serious measurement challenge and lacking adequate data, we apply several measures of ethnicity and examine various data sources as well as secondary evidence. We find significant gaps between ethnic minority and majority populations in terms of labor market outcomes. In particular, ethnic minorities ...
2010| Martin Kahanec, Anzelika Zaiceva, Klaus F. Zimmermann
-
DIW Discussion Papers 1089 / 2010
This paper analyzes the reservation wages of first and second generation migrants. Based on recently collected and rich survey data of a representative inflow sample into unemployment in Germany, we empirically test the hypothesis that reservation wages increase from first to second generation migrants. Two extensions of the basic job search model, namely an unknown wage offer distribution and different ...
2010| Amelie Constant, Annabelle Krause, Ulf Rinne, Klaus F. Zimmermann
-
DIW Discussion Papers 1088 / 2010
In this paper we study the economic effects of risk attitudes, time preferences, trust and reciprocity while we compare natives and second generation migrants. We analyze an inflow sample into unemployment in Germany, and find differences between the two groups mainly in terms of risk attitudes and positive reciprocity. Second generation migrants have a significantly higher willingness to take risks ...
2010| Amelie F. Constant, Annabelle Krause, Ulf Rinne, Klaus F. Zimmermann
-
DIW Discussion Papers 1086 / 2010
Recent global peer-review reports have concluded on importance of buildings in tacking the energy security and climate change challenges. To integrate the buildings energy efficiency into the policy agenda, significant research efforts have been recently done. More specifically, the public domain provides a bulk of literature on the application of buildings-related efficiency technologies and behavioural ...
2010| Aleksandra Novikova