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Referierte Aufsätze Web of Science
In Germany, individuals in need of long-term care receive support through benefits of the long-term care insurance. A central goal of the insurance is to support informal care provided by family members. Care recipients can choose between benefits in kind (formal home care services) and benefits in cash. From a budgetary perspective, family care is often considered a cost-saving alternative to formal ...
In:
Health Economics
24 (2015), 9, S. 1178-1191
| Johannes Geyer, Thorben Korfhage
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Referierte Aufsätze Web of Science
The scope of immigrants' transnational ties and the relationship to their social position is subject to a controversial debate that suggests a dualistic picture. On the one hand, globalization theorists argue that an elite of highly educated and economically most successful professionals intensively engages in and benefits from transnationality. On the other hand, most scholars in migration and assimilation ...
In:
Ethnic and Racial Studies
38 (2015), 9, S. 1497-1519
| Margit Fauser, Elisabeth Liebau, Sven Voigtländer, Hidayet Tuncer, Thomas Faist, Oliver Razum
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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
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Referierte Aufsätze Web of Science
Since the onset of the economic reforms more than three decades ago, the Chinese growth miracle has been based on exports and investment. While strong output growth was maintained even during the financial crisis, imbalances within the country increased. To return to a more sustainable development path, recent government policies have aimed to improve the role of private consumption. This article argues ...
In:
Development and Change
46 (2015), 6, S. 1331-1344
| Christian Dreger, Tongsan Wang, Yanqun Zhang
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Referierte Aufsätze Web of Science
This paper assesses fiscal-policy sustainability. A sufficient condition for this is that public debt is on a stationary trajectory. This is tested by means of a very general Markov-switching augmented Dickey-Fuller (MS-ADF) model, which expands and improves simpler existing models of this type, and produces more reliable results than conventional state-invariant unit-root tests. Long data series (in ...
In:
Finanzarchiv
71 (2015), 4, S. 415-439
| Anton Velinov
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Referierte Aufsätze Web of Science
We analyze various regulatory regimes for electricity transmission investment in the context of a power system transformation toward renewable energy. Distinctive developments of the generation mix are studied, assuming that a shift toward renewables may have temporary or permanent impacts on network congestion. We specifically analyze the relative performance of a combined merchant-regulatory price-cap ...
In:
The Energy Journal
36 (2015), 4, S. 105-128
| Jonas Egerer, Juan Rosellón, Wolf-Peter Schill
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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
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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
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Referierte Aufsätze Web of Science
Wie in anderen OECD-Staaten hat auch in Deutschland die Frauen- und Müttererwerbsbeteiligung stark zugenommen, allerdings bestehen noch immer Lohnunterschiede zwischen Männern und Frauen, welche für Frauen mit Kindern am größten ausfallen. Diese werden oft mit Humankapitalentwertung, der Signalwirkung von (langen) Erwerbsunterbrechungen und der möglichen Diskriminierung von Frauen auf dem Arbeitsmarkt ...
In:
Kölner Zeitschrift für Soziologie und Sozialpsychologie
67 (2015), 4. S. 737-762
| Paul Schmelzer, Karin Kurz, Kerstin Schulze
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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