-
Referierte Aufsätze Web of Science
We provide an in-depth theoretical discussion about the differences between individual-specific latent constructs (representing attitudes, for example, but also other characteristics such as values or personality traits) and alternative-specific latent constructs (that may represent perceptions) affecting the choice-making process of individuals; we also carry out an empirical exercise to analyze their ...
In:
Transportation : Planning, Policy, Research, Practice
44 (2017), 3, S. 475-493
| Francisco J. Bahamonde-Birke, Uwe Kunert, Heike Link, Juan de Dios Ortúzar
-
Referierte Aufsätze Web of Science
This article employs a simple model to describe bidding behavior in multi-unit uniform price procurement auctions when firms are capacity constrained. Using data from the New York City procurement auctions for power generating capacity, I find that firms use simple bidding strategies to coordinate on an equilibrium that extracts high rents for all bidders. I show theoretically and empirically that ...
In:
Rand Journal of Economics
46 (2015), 4, S. 730-750
| Sebastian Schwenen
-
Referierte Aufsätze Web of Science
Spatial heterogeneity and spatial dependence are two well established aspects of house price developments. However, the analysis of differences in spatial dependence across time and space has not gained much attention yet. This paper jointly analyses these three aspects of spatial data. A panel smooth transition regression model is applied that allows for heterogeneity across time and space in spatial ...
In:
Urban Studies
54 (2017), 2, S. 466-481
| Katharina Pijnenburg
-
Referierte Aufsätze Web of Science
Using inpatient discharge records from the Italian region of Piedmont, we estimate the impact of an increase in malpractice pressure brought about by experience-rated liability insurance on obstetric practices. Our identification strategy exploits the exogenous location of public hospitals in court districts with and without schedules for noneconomic damages. We perform difference-in-differences analysis ...
In:
Health Economics
24 (2015), 9, S. 1050-1064
| Sofia Amaral-Garcia, Paola Bertoli, Veronica Grembi
-
Referierte Aufsätze Web of Science
Renewable portfolio standards (RPS) are the most common state-level policies for promoting renewable electricity in the United States. State RPS policies are heterogeneously designed, particularly with respect to their use of flexibility mechanisms that allow obligations to be met with renewable energy generated in other states. However, the renewable energy that is produced within an RPS-enacting ...
In:
Economics of Energy and Environmental Policy
4 (2105), No. 2, S. 127-142
| Gireesh Shrimali, Gabriel Chan, Steffen Jenner, Felix Groba, Joe Indvik
-
Referierte Aufsätze Web of Science
Background. Excessive loss of muscle mass in advanced age is a major risk factor for decreased physical ability and falls. Physical activity and exercise training are typically recommended to maintain muscle mass and prevent weakness. How exercise in different stages of life relates to muscle mass, grip strength, and risk for weakness in later life is not well understood.Methods. Baseline data on 891 ...
In:
The Journals of Gerontology : Series A, Medical Sciences
71 (2016), 4, S. 515-520
| Peter Eibich, Nikolaus Buchmann, Martin Kroh, Gert G. Wagner, Elisabeth Steinhagen-Thiessen, Ilja Demuth, Kristina Norman
-
Referierte Aufsätze Web of Science
Parental leave and subsidized child care are prominent examples of family policies supporting the reconciliation of family life and labor market careers for mothers. In this paper, we combine different empirical strategies to evaluate the employment effects of these policies for mothers with young children. In particular we estimate a structural labor supply model and exploit quasi-experimental variation ...
In:
Labour Economics
36 (2015), S. 84-98
| Johannes Geyer, Peter Haan, Katharina Wrohlich
-
Referierte Aufsätze Web of Science
Economic policies rely on demographic projections. Yet in making these projections, researchers often ignore the aspect of household formation—despite sustained trends in many industrialized countries towards smaller household units with fewer members. Over the long term, this trend is likely to reduce the benefits of sharing goods/services within households (household economies of scale) at the micro-level, ...
In:
Oxford Economic Papers
67 (2015), 3, S. 760-780
| Carsten Schröder, Katrin Rehdanz, Daiju Narita, Toshihiro Okubo
-
Referierte Aufsätze Web of Science
This study investigates the relationship between regional housing market fundamentals and energy consumption. We argue that dwellings, in particularly rental properties, are not only consumer goods, but also constitute financial market assets. Properties are spatially fixed and traded in regional contexts, where real estate market characteristics like vacancy, income levels, and expectations determine ...
In:
The Energy Journal
37 (2016), 4, S. 25-43
| Marius Claudy, Claus Michelsen
-
Referierte Aufsätze Web of Science
Bond excess returns can be predicted by macro factors, however, large parts remain still unexplained. We apply a novel term structure model to decompose bond excess returns into expected excess returns (risk premia) and the innovation part. In order to explore these risk premia and innovations, we complement macro variables by financial condition variables as possible determinants of bond excess returns. ...
In:
Journal of Banking & Finance
58 (2015), S. 80-94
| Christoph Fricke, Lukas Menkhoff
-
Referierte Aufsätze Web of Science
Whilst congestion in automobile traffic increases trip durations, this is often not the case in rail-based public transport where congestion rather leads to in-vehicle crowding, often neglected in empirical studies. Using original survey data from Paris, this article assesses the distribution of comfort costs of congestion in public transport. Estimating willingness to pay for less crowded trips at ...
In:
Transportation Research Part A: Policy and Practice
77 (2015), 182-201
| Luke Haywood, Martin Koning
-
Referierte Aufsätze Web of Science
In this paper, the authors construct a unique data set of Internet offer prices for flats in 48 large European cities across 24 countries. The data collected between January and May 2012 from 33 websites, are drawn from Internet advertisements of dwellings. Using the resulting sample of more than 1,000,000 announcements, the authors compute the quality-adjusted city-specific house prices. Based on ...
In:
Economics
9 (2015), 2015-28, S. 1-43
| Konstantin A. Kholodilin, Dirk Ulbricht
-
Referierte Aufsätze Web of Science
Discrete choice models usually require a general specification of unobserved heterogeneity. In this paper, we apply Bayesian procedures as a numerical tool for the estimation of a female labor supply model based on a sample size that is typical for common household panels. We provide two important results for the practitioner: First, for a specification with a multivariate normal distribution for the ...
In:
Empirical Economics
49 (2015), 3, S. 1123-1141
| Peter Haan, Daniel Kemptner, Arne Uhlendorff
-
Referierte Aufsätze Web of Science
The international transmission of knowledge through import spillovers, as a source of Total Factor Productivity (TFP) growth, has received much attention in the literature. We investigate two additional direct channels through which R&D disseminates: the import of high-technology goods and the internationalization of business R&D. Building on an extensive data-set, covering both developing and industrial ...
In:
The Journal of International Trade & Economic Development
25 (2016), 4, S. 590-613
| Heike Belitz, Florian Mölders
-
Referierte Aufsätze Web of Science
We analyze the role public support plays in small and medium-sized enterprises (SMEs) R&D financing as well as these firms’ assessments of financing conditions in the context of other framework conditions for innovation. Using the sample of 2,708 German SMEs that participated in public R&D promotion programs during 2005–10, we identify four unique types of R&D financing. Firms are generally positive ...
In:
Science & Public Policy
43 (2016), 2, S. 245-261
| Heike Belitz, Anna Lejpras
-
Referierte Aufsätze Web of Science
The energy efficiency of the residential housing stock plays a key role in strategies to mitigate climate change and global warming. In this context, it is frequently argued that private investment and the quality of thermal upgrades are too low in the light of the challenges faced and the potential energy cost savings. While many authors address the potential barriers for investors to increase energy ...
In:
Energy Economics
50 (2015), S. 240-250
| Claus Michelsen, Sebastian Rosenschon, Christian Schulz
-
Referierte Aufsätze Web of Science
In impulse response analysis estimation uncertainty is typically displayed by constructing bands around estimated impulse response functions. If they are based on the joint asymptotic distribution possibly constructed with bootstrap methods in a frequentist framework, often individual confidence intervals are simply connected to obtain the bands. Such bands are known to be too narrow and have a joint ...
In:
Oxford Bulletin of Economics and Statistics
77 (2015), 6, S. 800-821
| Helmut Lütkepohl, Anna Staszewska-Bystrova, Peter Winker
-
Referierte Aufsätze Web of Science
We study the impact of the Fukushima disaster on environmental concerns, well-being, risk aversion, and political preferences in Germany, Switzerland, and the UK. In these countries, overall life satisfaction did not significantly decrease, but the disaster significantly increased environmental concerns among Germans. One underlying mechanism likely operated through the perceived risk of a similar ...
In:
Journal of Population Economics
28 (2015), 4, S. 1137-1180
| Jan Goebel, Christian Krekel, Tim Tiefenbach, Nicolas R. Ziebarth
-
Referierte Aufsätze Web of Science
In this article, the influence of immigrant occupational composition on the earnings of immigrants and natives in Germany is examined. Using data from the German Socio-Economic Panel Study and the German Microcensus, several relevant concepts are tested. The notion of quality sorting states that the differences in wages that are associated with the immigrant share within occupations are due only to ...
In:
International Migration Review
51 (2017), 2, S. 475-505
| Boris Heizmann, Anne Busch-Heizmann, Elke Holst
-
Referierte Aufsätze Web of Science
We assess the effect of two antithetic non-monetary incentive schemes based on grading rules on students’ effort, using experimental data. We randomly assigned students to a tournament scheme that fosters competition between paired up students, a cooperative scheme that promotes information sharing and collaboration between students and a baseline treatment in which students can neither compete nor ...
In:
The B.E. Journal of Economic Analysis & Policy
15 (2015), 4, S. 1753-1792
| Maria Bigoni, Mattia Nardotto, Margherita Fort, Tommaso Reggiani