Given the growing dissatisfaction with exclusion and long-run restrictions in structural vector autoregressive analysis, sign restrictions are becoming increasingly popular. So far there are no techniques for validating the shocks identified via such restrictions. Although in an ideal setting the sign restrictions specify shocks of interest, sign restrictions may be invalidated by measurement...
Helmut Lütkepohl, Aleksei Netsunajev
Frankfurt am Main,
27.01.2012
| Seminar: Deutsche Bundesbank
Ferdinand Fichtner
Berlin,
27.01.2012
| Joint Workshop on the Euro Crisis: Organized by the German Institute for Economic Research (DIW Berlin), the Brandt School, the Free University Berlin and the University of Applied Sciences for Engineering and Economy Berlin
Although spiteful preferences play a crucial role in the development of human large-scale cooperation, there is little evidence on spiteful behavior and its determinants in children. We investigate the relationship between children¿s cognitive skills and spiteful behavior in a sample of 214 preschoolers aged 5-6 and their mothers. Other-regarding behavior of both mothers and children is elicited...
Elisabeth Bügelmayer, C. Katharina Spieß
Zürich, Schweiz,
27.01.2012
- 28.01.2012| Jahrestagung des Bildungsökonomischen Ausschusses des Vereins für Socialpolitik 2012
A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in entrepreneurial activity. On the other hand, as risk shifts to creditors who recover less of their credit after a debtor's bankruptcy, lenders may charge higher interest rates or ration credit supply, which can hamper entrepreneurship. Both aspects of a more forgiving personal...
Frank M. Fossen
Malakoff, Frankreich,
26.01.2012
| Séminaires CREST
Clemens Haftendorn
Berlin,
25.01.2012
| Brown Bag Seminar of the Sustainability Cluster: Evidence of Market Power in the Atlantic Steam Coal Market Using Oligopoly Models with a Competitive Fringe
Holger Lüthen
Berlin,
18.01.2012
| Cluster-Seminar Öffentliche Finanzen und Lebenslagen: The Dynamics of Earnings in Germany: Evidence from Social Security Records