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Referierte Aufsätze Web of Science
We evaluate the informational content of ex post and ex ante predictors of periods of excess stock (market) valuation. For a cross-section comprising 10 OECD economies and a time span of at most 40 years, alternative binary chronologies of price bubble periods are determined. Using these chronologies as dependent processes and a set of macroeconomic and financial variables as explanatory variables, ...
In:
Journal of Forecasting
33 (2014), 1, S. 15-31
| Helmut Herwartz, Konstantin A. Kholodilin
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Referierte Aufsätze Web of Science
This study examines how a mother being the main or an equal earner impacts the relationship stability of heterosexual couple parents, using the UK's Millennium Cohort Survey. Various theories alternatively predict that such couples experience a higher or lower risk of divorce than male-breadwinner couples. Alternatively the characteristics of these couples may predispose them to relatively higher or ...
In:
Sociology
48 (2014), 1, S. 38-58
| Shireen Kanji, Pia S. Schober,
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Referierte Aufsätze Web of Science
We examine moonlighting by politicians in Germany. In July 2007, the German Supreme Court adjudicated that members of parliament (MPs) have to publish details of their outside earnings. Using panel data models, we investigate how outside earnings are correlated with absence and parliamentary activity. The results do not indicate that outside earnings are correlated with absence rates and speeches; ...
In:
European Journal of Political Economy
36 (2014), S. 147-157
| Felix Arnold, Björn Kauder, Niklas Potrafke
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Referierte Aufsätze Web of Science
In light of the recent interest in using longitudinal panel data to study personality development, it is important to know if personality traits are related to panel attrition. We analyse the effects of personality on panel drop-out separately for an ‘older’ subsample (started in 1984), a relatively ‘young’ subsample (started in 2000), and a ‘new’ subsample (started in 2009) of the German Socio-Economic ...
In:
Journal of Research in Personality
53 (2014), S. 31-35
| David Richter, John Körtner, Denise Saßenroth
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Referierte Aufsätze Web of Science
Distributed energy resources allow for new business models that have the potential to substantially change today's power system functioning paradigm. In particular, these changes pose challenges for distribution system operators (DSOs) and their regulation alike. This article sheds light on missing aspects in current regulation, recognizing DSOs as regulated monopolies, but also as key players along ...
In:
Utilities Policy
31 (2014), S. 229-237
| Sophia Rüster, Sebastian Schwenen, Carlos Batlle, Ignacio Pérez-Arriaga
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Referierte Aufsätze Web of Science
Taking a quarter-century to build Europe's internal market for electricity may seem an incredibly long journey. The aim of achieving a Europe-wide market might be reached, but it has involved – and continues to involve – a process subject to many adverse dynamics. The EU internal market may derail greatly in the coming years from the effects of a massive push for renewables, as well as a growing decentralization ...
In:
Utilities Policy
31 (2014), S. 221-228
| Jean-Michel Glachant, Sophia Rüster
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Referierte Aufsätze Web of Science
Applying a financial assets approach, we analyze the returns and earnings risk of investments into different types of human capital. Even though the returns from investing in human capital are extensively studied, little is known about the properties of the returns to different types of human capital within a given educational path. Using information from the German Micro Census, we estimate the risk ...
In:
Economics of Education Review
42 (2014), S. 109-129
| Daniela Glocker, Johanna Storck
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Referierte Aufsätze Web of Science
What are the economic effects of a central bank that takes the evolution of house prices into account? In an attempt to answer this question, we use a New Keynesian dynamic stochastic general equilibrium model with a housing sector to explore the economic impacts of a central bank reacting to house price inflation. We examine this in the context of two different shocks that are associated with two ...
In:
Journal of Housing Economics
26 (2014), S. 119-125
| Guido Baldi
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Referierte Aufsätze Web of Science
Economic disparity between ethnic groups is sometimes supposed to be the main driver of ethnic conflict. Understanding the extent and the sources of such disparity is then important to help formulate policies that aim at avoiding further conflict. This paper analyzes economic disparity between Kyrgyz and Uzbeks in southern Kyrgyzstan. These groups were involved in violent clashes in the recent past. ...
In:
Journal of Comparative Economics
42 (2014), Iss. 4, S. 970-982
| Damir Esenaliev, Susan Steiner
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Referierte Aufsätze Web of Science
Other-regarding preferences in adults have been examined in depth in the literature. Research has shown that spiteful preferences play a crucial role in the development of human large-scale cooperation. However, there is little evidence of the factors explaining spiteful behavior in children. We investigate the relationship between children’s cognitive skills and spiteful behavior in a sample of 214 ...
In:
Journal of Economic Psychology
45 (2014), S. 154-167
| Elisabeth Bügelmayer, C. Katharina Spieß