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Referierte Aufsätze Web of Science
This study investigates whether an expansion of state-subsidized full-day childcare may improve the subjective well-being of mothers of children under school age by acting as a boundary-spanning resource to facilitate the combination of employment and childcare responsibilities. It extends previous studies that showed contradictory results by demonstrating that the relationship with parental subjective ...
In:
European Sociological Review
32 (2016), 5, S. 593-606
| Pia S. Schober, Juliane F. Stahl
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Referierte Aufsätze Web of Science
This paper studies the importance of politicians’ qualification, in terms of education and experience, for fiscal outcomes. The analysis is based on a large panel for 2031 German municipalities for which we have collected information on municipal budgets as well as the election results and qualification levels of mayoral candidates. We principally use a regression discontinuity design focusing on close ...
In:
International Tax and Public Finance
23 (2016), 5, S. 875-910
| Ronny Freier, Sebastian Thomasius
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Referierte Aufsätze Web of Science
While MNEs from emerging markets — and China in particular — tend to pay high acquisition premiums when they engage in cross-border acquisition activity, the determinants of this overbidding are not completely understood. We argue that state ownership is a key factor in explaining the high acquisition premiums paid by emerging-market multinationals. Employing data on 450 Chinese outward cross-border ...
In:
Long Range Planning
49 (2016), 5, S. 614-631
| Wenxin Guo, Joseph A. Clougherty, Tomaso Duso
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Referierte Aufsätze Web of Science
People presumably choose and create their daily environments according to their personality. Prior research shows that, for example, more extraverted people engage more often in social situations, and more conscientious people engage more often in work-related activities compared with less extraverted or less conscientious people, respectively. The current study examined such personality-situation ...
In:
Journal of Personality and Social Psychology
110 (2016), 5, S. 782-799
| Cornelia Wrzus, Gert G. Wagner, Michaela Riediger
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Referierte Aufsätze Web of Science
We develop and estimate a general equilibrium search and matching model that accounts for key business cycle properties of macroeconomic aggregates, including labor market variables. In sharp contrast to leading New Keynesian models, we do not impose wage inertia. Instead we derive wage inertia from our specification of how firms and workers negotiate wages. Our model outperforms a variant of the standard ...
In:
Econometrica
84 (2016), 4, S. 1523-1569
| Lawrence J. Christiano, Martin S. Eichenbaum, Mathias Trabandt
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Referierte Aufsätze Web of Science
Panel conditioning has posed one of the main challenges to panel studies since their inception in the social sciences. Aside from the risk of reactivity to previous interviews, there is reason to expect that cumulative survey experience increases the reliability of data emanating from panel studies relative to cross-sectional surveys. This positive aspect of recurrent interviewing for data quality ...
In:
The Public Opinion Quarterly
80 (2016), 4, S. 914-942
| Martin Kroh, Florin Winter, Jürgen Schupp
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Referierte Aufsätze Web of Science
We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990–2009 period. Our empirical results suggest phase-1 remedies uniquely generate robust deterrence as—unlike phase-1 withdrawals, phase-2 remedies, and preventions—phase-1 remedies lead to fewer merger notifications in subsequent years. Furthermore, the deterrence effects of phase-1 remedies work best ...
In:
Economic Inquiry
54 (2016), 4, S. 1884-1903
| Joseph A. Clougherty, Tomaso Duso, Miyu Lee, Jo Seldeslachts
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Referierte Aufsätze Web of Science
We show that technical indicators deliver stable economic value in predicting the US equity premium over the out-of-sample period from 1966 to 2014. The results tentatively improve over time, and beat alternatives over a large continuum of sub-periods. In contrast, economic indicators work well only until the 1970s, but lose predictive power thereafter, even when considering the last crisis. Translating ...
In:
International Journal of Forecasting
32 (2016), 4, S. 1193-1207
| Fabian Baetje, Lukas Menkhoff
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Referierte Aufsätze Web of Science
Motivated by contradictory evidence on intergenerational mobility in Germany, I present a cross-country comparison of Germany and the U.S., reassessing the question of whether intergenerational mobility is higher in Germany than in the U.S. I can reproduce the standard result from the literature, which states that the German intergenerational elasticity estimates are lower than those for the U.S. However, ...
In:
The Review of Income and Wealth
62 (2016), 4, S. 650-667
| Daniel D. Schnitzlein
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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