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Referierte Aufsätze Web of Science
This paper analyzes the early research performance of PhD graduates in labor economics, addressing the following questions: Are there major productivity differences between graduates from American and European institutions? If so, how relevant is the quality of the training received (i.e. ranking of institution and supervisor) and the research environment inthe subsequent job placement institution? ...
In:
Scientometrics
84 (2010), 3, S. 621-637
| Ana Rute Cardoso, Paulo Guimarães, Klaus F. Zimmermann
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Referierte Aufsätze Web of Science
Die aktuellen Finanzmarktturbulenzen wurden durch Entwicklungen im Immobiliensektor ausgelöst. Vor diesem Hintergrund analysiert dieser Beitrag den Zusammenhang zwischen den Immobilienpreisen und der Geldmengen- und Kreditvolumensentwicklung für den Zeitraum 1992 -2006 (westdeutsche Preisdaten) bzw. 1997 bis 2006 (ostdeutsche Preisdaten). Die Untersuchung konzentriert sich erstmals auf die Bundesrepublik ...
In:
Jahrbücher für Nationalökonomie und Statistik
230 (2010), 2, S. 138-162
| Ansgar Belke
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Referierte Aufsätze Web of Science
This paper studies the effects of a minimum price fixed by a bureaucratic non-monopolistic professional association on service quality and consumer surplus. It shows that the price set by a Niskanen-type professional association will maximize consumer surplus only if consumers demand the highest possible average quality. If consumers demand services of lesser quality, the association's price will be ...
In:
European Journal of Law and Economics
30 (2010), 2, S. 171-199
| Georg Meran, Reimund Schwarze
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Referierte Aufsätze Web of Science
This paper examines the effects of firm-level innovation in carbon-abatement technologies on optimal cap-and-trade schemes with and without price controls. We characterize optimal cap-and-trade regulation with a price cap and a price floor, and compare it to the special cases of pure taxation and a simple emissions cap. Innovation shifts the tradeoff between price- and quantity-based instruments towards ...
In:
Journal of Environmental Economics and Management
60 (2010), 2, S. 115-132
| Thomas A. Weber, Karsten Neuhoff
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Referierte Aufsätze Web of Science
This article questions the perceived wisdom that migrants are more risk-loving than the native population. We employ a new large German survey of direct individual risk measures to find that first-generation migrants have lower risk attitudes than natives, which only equalize in the second generation.
In:
Applied Economics Letters
16 (2009), 15, S. 1581-1586
| Holger Bonin, Amelie Constant, Konstantinos Tatsiramos, Klaus F. Zimmermann
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Referierte Aufsätze Web of Science
Immigrants are much less likely to own their homes than natives, even after controlling for a broad range of life-cycle and socioeconomic characteristics and housing market conditions. This paper extends the analysis of immigrant housing tenure choice by explicitly accounting for ethnic identity as a potential influence on the homeowner-ship decision, using a two-dimensional composite index of ethnic ...
In:
Urban Studies
46 (2009), 9, S. 1879-1898
| Amelie Constant, Rowan Roberts, Klaus F. Zimmermann
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Referierte Aufsätze Web of Science
Introduction: The United Nations Framework Convention on Climate Change defines the principle of common but differentiated responsibility (Art. 4.1 of UNFCCC). It is the common responsibility of all countries to pursue mitigation actions so as to achieve climate stabilization. The differentiated nature of historic responsibility, capabilities and economic situation creates a responsibility for developed ...
In:
Climate Policy
9 (2009), 5, S. 435-449
| Karsten Neuhoff
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Referierte Aufsätze Web of Science
Policy targets are used to improve the implementation of domestic and international actions, in a national context and in international frameworks. But how can domestic and international experience be useful for climate policy? Case studies point to the value of defining policy targets more broadly than final outcomes, which in the case of climate policy are CO2 emission reductions. There is a need ...
In:
Climate Policy
9 (2009), 5, S. 465-480
| Sarah Lester, Karsten Neuhoff
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Referierte Aufsätze Web of Science
This article surveys the experience of conditionality provisions applied by the World Bank, the IMF, bilateral donors, and the European Union's accession process. Ownership is essential for effective cooperation and requires domestic climate policies to be country-driven and decision-making to be equitable. Bilateral cooperation allows for a direct exchange of expertise and long-term relationships. ...
In:
Climate Policy
9 (2009), 5, S. 481-494
| Maike Sippel, Karsten Neuhoff
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Referierte Aufsätze Web of Science
We show that any decision maker who "narrowly brackets" (evaluates decisions separately) and does not have constant-absolute-risk-averse preferences will make a first-order stochastically dominated combined choice in some simple pair of independent binary decisions. We also characterize the preference-contingent monetary cost from this mistake. Empirically, in a real-stakes laboratory experiment that ...
In:
The American Economic Review
99 (2009), 4, S. 1508-1543
| Matthew Rabin, Georg Weizsäcker