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Referierte Aufsätze Web of Science
Regulatory bank levies set incentives for banks to reduce leverage. At the same time, corporate income taxation makes funding through debt more attractive. In this paper, we explore how regulatory levies affect bank capital structure, depending on corporate income taxation. Based on bank balance sheet data from 2006 to 2014 for a panel of EU-banks, our analysis yields three main results: The introduction ...
In:
Journal of Banking & Finance
118 (2020), 105874
| Franziska Bremus, Kirsten Schmidt, Lena Tonzer
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Referierte Aufsätze Web of Science
Motivated by the action plan for a European capital markets union (CMU), this paper analyzes the potential for legal harmonization and convergence in institutional quality to affect capital market integration. Based on hand-collected data on the implementation of EU-directives, our analysis yields three key insights. First, legal harmonization promotes portfolio equity holdings. Second, discrepancies ...
In:
Journal of International Money and Finance
107 (2020), 102217, 19 S.
| Franziska Bremus, Tatsiana Kliatskova
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Referierte Aufsätze Web of Science
Fair Trade certification aims at transferring wealth from the consumer to the farmer; however, coffee passes through many hands before reaching final consumers. Bringing together retail, wholesale, and stock market data, this study estimates how much more consumers are paying for Fair Trade-certified coffee in US supermarkets and finds estimates around $1.50 per lb. The study then assesses how this ...
In:
World Development
133 (2020), 105006, 12 S.
| Helene Naegele
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Referierte Aufsätze Web of Science
The spread of the novel coronavirus, SARS-CoV-2, poses major challenges for individuals and societies at large. The question now is how individuals and society are dealing with these challenges, and what health, psychological, social, and economic effects they will have to bear. Meaningful answers can only be provided using a generalizable database that contains contextual information such as family ...
In:
Survey Research Methods
14 (2020), 2, S. 195-203
| Simon Kühne, Martin Kroh, Stefan Liebig, Sabine Zinn
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Referierte Aufsätze Web of Science
The political discussion to reduce the carbon footprint of Germany’s electricity sector,focusing on coal, is intensifying. In this paper, we develop scenarios for phasing out lignite and hardcoal power plants in Germany prior to the end of their technical lifespan (“coal-exit”). Our analysisbases upon two coal-exit instruments, the retirement of coal generation capacities and the limitingof how much ...
In:
Energies
13 (2020), 8, Art. 2041, 19 S.
| Martin Kittel, Leonard Goeke, Claudia Kemfert, Pao-Yu Oei, Christian von Hirschhausen
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Referierte Aufsätze Web of Science
This study addresses the heated academic and public debate on the compatibility and comparability of refugees’ and host societies’ democratic values. Comparative values research has long capitalized on global similarities and differences in support for Western democratic values. We argue that such cross-cultural comparisons of culturally diverse groups are challenged by (1) different conceptions of ...
In:
Social Indicators Research
151 (2020), S. 669–690
| Jannes Jacobsen, Lukas M. Fuchs
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Weitere referierte Aufsätze
Die Deutsche Gesellschaft für Epidemiologie warnte, dass die Zahl der COVID-19-Fälle schon bald die Kapazität des Gesundheitssystems übersteigen könnte. In Deutschland und weltweit droht eine schwere Rezession aufgrund eines externen Schocks. Mögliche Szenarien zur Bekämpfung der Krise zeigen, dass drastische Maßnahmen zur Eindämmung des Virus die beste Lösung für die Krise bleiben. Die Entwicklungen ...
In:
Wirtschaftsdienst
100 (2020), 4, S. 266–271
| Jan Philipp Fritsche, Patrick Christian Harms
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Referierte Aufsätze Web of Science
In contrast to international trade, it is still difficult to find regionaltrade statistics within a nation. Given that the gravity model con-tinues to be very popular, we test two gravity-RAS approaches usedfor interregional trade estimation: a standard one and an extendedversion, which additionally estimates intra-regional flows. We assessthe accuracy with the help of two measures and for different ...
In:
Economic Systems Research
32 (2020), 4, S. 521–539
| Julio G. Fournier Gabela
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Referierte Aufsätze Web of Science
We present an ex-post analysis of the effects of GDF's acquisition of Suez in 2006, which created one of the world's largest energy companies. We perform a series of econometric analyses on the market for trading at the Zeebrugge gas hub in Belgium. Removing barriers to entry and facilitating access to the hub through ownership unbundling were an important part of the objectives of the remedies imposed ...
In:
The Energy Journal
42 (2021), 6, S. 199-228
| Elena Argentesi, Albert Banal-Estañol, Jo Seldeslachts
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Referierte Aufsätze Web of Science
This paper presents a broad retrospective evaluation of mergers and merger decisions in markets dominated by multisided digital platforms. First, we document almost 300 acquisitions carried out by three major tech companies—Amazon, Facebook, and Google—between 2008 and 2018. We cluster target companies on their area of economic activity providing suggestive evidence on the strategies behind these mergers. ...
In:
Journal of Competition Law & Economics
17 (2020), 1, S. 95-140
| Elena Argentesi, Paolo Buccirossi, Emilio Calvano, Tomaso Duso, Alessia Marrazzo, Salvatore Nava
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Referierte Aufsätze Web of Science
Subjective well-being is often characterized by average stability across old age, but individual differencesare substantial and not yet fully understood. This study targets physical and cognitive health andpersonality as individual difference characteristics and examines their unique and interactive roles forlevel and change in a number of different facets of subjective well-being. We make use of medicaldiagnoses, ...
In:
Psychology and Aging
35 (2020), 6, S. 894-909
| Sophie Potter, Johanna Drewelies, Jenny Wagner, Sandra Duezel, Annette Brose, Ilja Demuth, Elisabeth Steinhagen-Thiessen, Ulman Lindenberger, Gert G. Wagner, Denis Gerstorf
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Weitere referierte Aufsätze
From a political economy perspective, politicians often fail to imple-ment structural reforms. In this contribution we investigate if the resistance toreform is based on the differences in the risk preferences of voters, politicians,and bureaucrats. Based on three surveys among the German electorate, 175members of the Federal German Parliament and 106 officials from Germanministries, this is not the ...
In:
Review of Economics
68 (2017), 3,
| Tobias Thomas, Moritz Heß, Gert G. Wagner
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Referierte Aufsätze Web of Science
In this study, Bayesian inference is developed for structural vector autoregressive models in which the structural parameters are identified via Markov-switching heteroskedasticity. In such a model, restrictions that are just-identifying in the homoskedastic case, become over-identifying and can be tested. A set of parametric restrictions is derived under which the structural matrix is globally or ...
In:
Journal of Economic Dynamics & Control
113 (2020), 103862
| Helmut Lütkepohl, Tomasz Wozniak
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Referierte Aufsätze Web of Science
Methods for constructing joint confidence bands for impulse response functions which are commonly used in vector autoregressive analysis are reviewed. While considering separate intervals for each horizon individually still seems to be the most common approach, a substantial number of methods have been proposed for making joint inferences about the complete impulse response paths up to a given horizon. ...
In:
Econometrics and Statistics
13 (2020), S. 69-83
| Helmut Lütkepohl, Anna Staszewska-Bystrova, Peter Winker
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Referierte Aufsätze Web of Science
Prenatal androgens have organizational effects on brain and endocrine system development, which may have a partial impact on economic decisions. Numerous studies have investigated the relationship between prenatal testosterone and financial risk taking, yet results remain inconclusive. We suspect that this is due to difficulty in capturing risk preferences with expected utility based tasks. Prospect ...
In:
Journal of Risk and Uncertainty
60 (2020), 1, S. 29–51
| Levent Neyse, Ferdinand M. Vieider, Patrick Ring, Catharina Probst, Christian Kaernbach, Thilo van Eimeren, Ulrich Schmidt
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Referierte Aufsätze Web of Science
AbstractMost studies have treated grandiose narcissism as a unidimensional construct and investigated its associations in cross-sectional convenience samples. The present research systematically addresses these limitations by investigating the associations of agentic and antagonistic aspects of narcissism in the interpersonal, intrapersonal, and institutional domains, cross-sectionally and longitudinally ...
In:
Collabra: Psychology
5 (2019), 1, Art. 26, 15 S.
| Marius Leckelt, David Richter, Eunike Wetzel, Mitja D. Back
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Referierte Aufsätze Web of Science
We introduce a selection model‐based multilevel imputation approach to be used within the fully conditional specification framework for multiple imputation. Concretely, we apply a censored bivariate probit model to describe binary variables assumed to be missing not at random. The first equation of the model defines the regression model for the missing data mechanism. The second equation specifies ...
In:
Journal of the Royal Statistical Society / Series C
69 (2020), 3, S. 547–564
| Angelina Hammon, Sabine Zinn
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Referierte Aufsätze Web of Science
Most policy instruments to reduce greenhouse gas (GHG) emissions have focused on producers, and on the energy efficiency of buildings, vehicles and other products. Behavioural changes related to climate change also impact ‘in-use’ emissions, and potentially, emissions both ‘upstream’ (including from imported goods) and ‘downstream’ (eg disposal). Consumption-oriented policies may provide avenues to ...
In:
Climate Policy
20 (2020), Suppl. 1, S. S58–S73
| Michael Grubb, Doug Crawford-Brown, Karsten Neuhoff, Karin Schanes, Sonja Hawkins, Alexandra Poncia
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Weitere referierte Aufsätze
This article documents the number of target persons participating in the panel surveys of the National Educational Panel Study (NEPS) as well as the number of respondents who temporarily dropout and of those leaving the panel (attrition). NEPS comprises panel surveys with six mutually exclusive starting cohorts covering the complete life span. Sample sizes, numbers of participants and temporary as ...
In:
AStA Wirtschafts- und Sozialstatistisches Archiv
(2020), 14, S. 163–206
| Sabine Zinn, Ariane Würbach, Hans Walter Steinhauer, Angelina Hammon
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Referierte Aufsätze Web of Science
Increasing nonresponse rates is a pressing issue for many longitudinal panel studies. Respondents frequently either refuse participation in single survey waves (temporary dropout) or discontinue participation altogether (permanent dropout). Contemporary statistical methods that are used to elucidate predictors of survey nonresponse are typically limited to small variable sets and ignore complex interaction ...
In:
Social Science Computer Review
40 (2022), 3, S. 678–699
| Sabine Zinn, Timo Gnambs