The first paper in this thesis deals with the issue of whether there are bubble components in stock prices. This is joint research with Wenjuan Chen (Free Universtiy Berlin). We investigate existing bivariate structural vector autoregressive (SVAR) models and test their identifying restriction by means of a Markov switching (MS) in heteroskedasticity model. We use data from six different countries ...
The topic of this dissertation is cultural integration in general, and, in particular, intermarriage as one indicator of social proximity. In the first chapter several aspects of cultural integration of immigrants in Germany are considered, with cultural proximity measured as the distance between immigrants and natives with respect to those indicators. The analysis not only describes the status quo ...
