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Referierte Aufsätze Web of Science
We investigate whether non-cognitive skills – in particular Locus of Control – are important determinants of mobility processes for male workers at the low-wage margin. Our results reveal a significant amount of state dependence in low pay even after controlling for non-cognitive skills. Furthermore, compared to individuals with an external Locus of Control, individuals with a more internal Locus of ...
In:
Journal of Economic Psychology
53 (2016), S. 164-177
| Daniel D. Schnitzlein, Jens Stephani
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Referierte Aufsätze Web of Science
In this paper, we analyze the technical efficiency and CO2 reduction potentials of German power and heat plants, using a non-parametric sequential Data Envelopment Analysis. We apply a metafrontier framework to evaluate plant-level efficiency in the transformation of inputs into desirable (energy) and undesirable (CO2 emissions) outputs, taking into account different fossil fuel generation technologies. ...
In:
Energy Economics
56 (2016), S. 9-19
| Stefan Seifert, Astrid Cullmann, Christian von Hirschhausen
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Referierte Aufsätze Web of Science
In response to the Great Financial Crisis (GFC), bank regulatory regimes were tightened world-wide to strengthen banking stability and the resilience of the banking sectors. Yet, it is often claimed that regulatory tightening may lead banks to cut back on lending and comes at the cost of a lower loan supply. The present paper uses a country panel for 50 advanced and emerging market economies to analyze ...
In:
Journal of International Money and Finance
66 (2016), S. 113-135
| Marcel Fratzscher, Philipp König, Claudia Lambert
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Referierte Aufsätze Web of Science
This article studies long run wage mobility as a characteristic of regional labor markets. Using German administrative data we describe wage mobility since 1975 in West and since 1992 in East Germany. Wage mobility declined substantially in East Germany in the 1990s and moderately in East and West Germany since the late 1990s. These findings are robust in many dimensions. We apply RIF regression based ...
In:
Labour Economics
39 (2016), S. 11-34
| Regina T. Riphahn, Daniel D. Schnitzlein
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Referierte Aufsätze Web of Science
We evaluate alternative models of the volatility of commodity futures prices based on high-frequency intraday data from the crude oil futures markets for the October 2001–December 2012 period. These models are implemented with a simple GMM estimator that matches sample moments of the realized volatility to the corresponding population moments of the integrated volatility. Models incorporating both ...
In:
Energy Economics
53 (2016) S. 175-181
| Christopher F. Baum, Paola Zerilli
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Referierte Aufsätze Web of Science
We investigate the effect of urban land use on residential well-being in major German cities, using panel data from the German Socio-Economic Panel and cross-section data from the European Urban Atlas. We reduce concerns about endogeneity by employing fixed-effects (within) estimators, with individual and city of residence fixed effects, while controlling for a rich set of observables. The results ...
In:
Ecological Economics
121 (2016), S. 117-127
| Christian Krekel, Jens Kolbe, Henry Wüstemann
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Referierte Aufsätze Web of Science
We compare dictator and impunity games. In impunity games, responders can reject offers but to no payoff consequence to proposers. Because proposers act under impunity, we should expect the same behavior across games, but experimentally observed behavior varies. Responders indeed exercise the rejection option. This threat psychologically influences proposers. Some proposers avoid rejection by offering ...
In:
Economics Letters
141 (2016), S. 119–121
| Alexander S. Kritikos, Jonathan H. W. Tan
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Referierte Aufsätze Web of Science
This paper analyses the impact of the introduction of electromobility in Austria, focusing specifically on the potential demand for electric vehicles in the automotive market. We estimate discrete choice behavioral mixture models considering latent variables; these allows us to deal with this potential demand as well as to analyze the effect of different attributes of the alternatives over the potential ...
In:
Transportation Research Part A: Policy and Practice
83 (2016), S. 30-41
| Francisco J. Bahamonde-Birke, Tibor Hanappi
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Referierte Aufsätze Web of Science
Preferences over jobs depend on wages and non-wage aspects. Variation in wealth may change the importance of income as a motivation for working. Higher wealth levels may make good non-wage characteristics relatively more important. This hypothesis is tested empirically using a reduced form search model in which differential job leaving rates identify willingness to pay for non-wage aspects of jobs. ...
In:
Labour Economics
38 (2016), S. 1-11
| Luke Haywood
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Referierte Aufsätze Web of Science
Unemployment is a major challenge to individuals' development. An important personal resource to ameliorate the negative impact of unemployment may be perceived control, a general-purpose belief system. Little is known, however, about how perceived control itself changes with the experience of unemployment and what the antecedents, correlates, and consequences of such change in perceived control are ...
In:
Journal of Vocational Behavior
93 (2016), S. 103-119
| Frank J. Infurna, Denis Gerstorf, Nilam Ram, Jürgen Schupp, Gert G. Wagner, Jutta Heckhausen