Externe referierte Aufsätze

Entrepreneurship, Management, and Cognitive Reflection: A Preregistered Replication Study With Extensions

Intuition is a central element of entrepreneurial decision-making. We conceptually replicate a published study by using new representative data from 1961 adults and the widely used Cognitive Reflection Test, which assesses the ability to avoid intuitive decisions and to switch to an analytical process. We extend the analysis by exploring occupational sorting versus environmental influence as mechanisms, ...

Have the Effects of Shocks to Oil Price Expectations Changed? Evidence from Heteroskedastic Proxy Vector Autoregressions

Studies of the crude oil market based on structural vector autoregressive (VAR) models typically assume a time-invariant model and transmission of shocks and possibly allow for heteroskedasticity by using robust inference procedures. We assume a heteroskedastic reduced-form VAR model with time-invariant slope coefficients and explicitly consider the possibility of time-varying shock transmission due ...

Brothers in Arms: The Value of Coalitions in Sanctions Regimes

This paper examines the impact of coalitions on the economic costs of the 2012 Iran and 2014 Russia sanctions. By estimating and simulating a quantitative general equilibrium trade model under different coalition setups, we (1) dissect welfare losses for sanctions senders and target; (2) compare prospective coalition partners; (3) investigate ‘optimal’ coalitions that maximize payoff from sanctions; ...

Adding Household Surveys to the Behavioral Economics Toolbox: Insights from the SOEP Innovation Sample

While laboratory and field experiments are the major items in the toolbox of behavioral economists, household panel studies can complement them and expand their research potential. We introduce the German Socio-Economic Panel’s Innovation Sample (SOEP-IS), which offers researchers detailed panel data and the possibility to collect personalized experimental and survey data for free. We discuss what ...

Disentangling COVID-19, Economic Mobility, and Containment Policy Shocks

We study the dynamic interaction between COVID-19, economic mobility, and containment policy. We use Bayesian panel structural vector autoregressions with daily data for 44 countries, identified through traditional and narrative sign restrictions. We find that incidence shocks and containment shocks have large and persistent effects on mobility, morbidity, and mortality that last for one to two months. ...

Perceiver Effects and Socioeconomic Background: Contrasting Parent-reports against Teacher-reports of Elementary School Students' Personality

familial socioeconomic background can impact not only academic success, but also the personality of offspring. Yet, there is little evidence on whether it might influence how parents describe their children’s personality. To fill this gap, we used latent multitrait-multimethod (CTCM-1) models to examine familial socioeconomic background as possible predictor of parental perceiver effects regarding ...

The Air Quality and Well-being Effects of Low Emission Zones

This study provides the first evidence of the subjective well-being impacts of low emission zones (LEZs) while also undertaking a comprehensive analysis of their air quality effects. We identify causal impacts by exploiting the zones’ introduction date with difference-in-differences designs robust to staggered implementations and time-varying treatment effects. Results show air quality improvements ...

Mass Vaccination and Educational Attainment: Evidence from the 1967–68 Measles Eradication Campaign

We show that the first nationwide mass vaccination campaign against measles increased educational attainment in the United States. Our empirical strategy exploits variation in exposure to the childhood disease across states right before the Measles Eradication Campaign of 1967–68, which reduced reported measles incidence by 90 percent within two years. Our results suggest that mass vaccination against ...

Recent Methodological Advances in Panel Data Collection, Analysis, and Application: [Editorial]

Panel studies have become an indispensable part of today's research world especially when addressing causal questions and tracking changes over time. Three conditions are essential for effective panel data analysis: 1) having a sufficiently long time series with a substantial number of observations, 2) ensuring measurement consistency over time, and 3) using a meaningful model for selecting elements ...

Measuring Total Carbon Pricing

While countries increasingly commit to pricing greenhouse gases directly through carbon taxes or emissions trading systems, indirect forms of carbon pricing-such as fuel excise taxes and fuel subsidy reforms-remain important factors affecting the mitigation incentives in an economy. Taken together, how can policy makers think about the overall price signal for carbon emissions and the incentive it ...

Fremde Welt: Nur eine Minderheit teilt Deutschlands „Werte“

Das neue Bürgergeldgesetz – kein Systemwechsel, aber Stärkung von individuellem Schutz sowie verbesserte Chancen nachhaltiger Erwerbsintegration

Accounting for Pension Wealth, the Missing Rich and Under-coverage: A Comprehensive Wealth Distribution for Germany

This study constructs a comprehensive wealth distribution for Germany to inform debate in Germany and internationally on the distribution of wealth including pension entitlements. We estimate the net present value of pension wealth in Germany in 2012 and 2017 using Socio-Economic Panel (SOEP) data. When including pension wealth, German households’ wealth-income ratio increases from 570% to 850% in ...

Why Investing in New Nuclear Plants Is Bad for the Climate: Commentary

Socioeconomic Differences in SARS-CoV-2 Infection and Vaccination in Germany: A Seroepidemiological Study After One Year of COVID-19 Vaccination Campaign

Objective: To evaluate the socioeconomic patterns of SARS-CoV-2 antigen contacts through infection, vaccination or both (“hybrid immunity”) after 1 year of vaccination campaign.Methods: Data were derived from the German seroepidemiological Corona Monitoring Nationwide study (RKI-SOEP-2; n = 10,448; November 2021–February 2022). Combining serological and self-report data, we estimated adjusted prevalence ...

Reformen bei Elterngeld und Ehegattensplitting könnten gleichstellungspolitische Impulse setzen

A Collective Blueprint, Not a Crystal Ball: Overcoming Political Stalemates: The German Stakeholder Commission on Phasing out Coal

The future of coal remains contested in many countries, hindering necessary energy transitions. Collaborative governance approaches, such as stakeholder commissions, have been proposed as potential solution to resolve such societal conflicts. In Germany, a stakeholder commission process managed to overcome the existing stalemate situation, leading to the adoption of a coal phase-out by 2038. Celebrated ...

Does Your Smartphone “Know” Your Social Life? A Methodological Comparison of Day Reconstruction, Experience Sampling, and Mobile Sensing

Mobile sensing is a promising method that allows researchers to directly observe human social behavior in daily life using people's mobile phones. To date, limited knowledge exists on how well mobile sensing can assess the quantity and quality of social interactions. We therefore examined the agreement among experience sampling, day reconstruction, and mobile sensing in the assessment of multiple aspects ...

Causal Misperceptions of the Part-time Pay Gap

In this paper, we analyze if an increase in the working life leads to more human capital investment via on-the-job training. We obtain RDD-estimates from a sharp date-of-birth cut-off, generated by a pension reform that increased the Early Retirement Age (ERA) by three years for many women in Germany. In our preferred specification, we find that this reform causally increased on-the-job training by ...

Atomwende? Ja, bitte! Warum die Abkehr von der Atomenergie und eine gute Entsorgungspolitik die Energiewende in Deutschland befördern werden

Die Atomenergie bleibt gesellschaftlich umkämpft. Zum einen wird sie wieder als Zukunftstechnologie gehandelt, mit der vermeintlich klimafreundlich und ressourcenschonend Strom erzeugt werden kann. Zum anderen ist die Endlagerung von Atomabfällen noch nicht geregelt. Das Konzept der ,,atompolitischen Wende“ bringt ‐ analog zur Energiewende ‐ dieses Ringen auf den Punkt. Die Beendigung der kommerziellen ...