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Referierte Aufsätze Web of Science
We investigate price level convergence on the base of regional data for 439 German districts.. - First and second generation tests are applied to the overall consumer price index as well as to the index without housing prices. They indicate a lack of regional price convergence. The. - second generation tests reveal that the source of the unit root is likely common for all regions. One rationale of ...
In:
Jahrbücher für Nationalökonomie und Statistik
230 (2010), 3, S. 274-286
| Christian Dreger, Reinhold Kosfeld
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Referierte Aufsätze Web of Science
We consider two different approaches to describe the formation of social networks under mutual consent and costly communication. First, we consider a network-based approach; in particular Jackson-Wolinsky's concept of pairwise stability. Next, we discuss a non-cooperative game-theoretic approach, through a refinement of the Nash equilibria of Myerson's consent game. This refinement, denoted as monadic ...
In:
Mathematical Social Sciences
60 (2010), 3, S. 181-185
| Robert P. Gilles, Sudipta Sarangi
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Referierte Aufsätze Web of Science
This paper studies risk attitudes of unemployed job seekers and their relationship to self-reported reservation wages. We find that risk aversion is prevalent, and that reservation wages decrease slightly over time. Furthermore, risk aversion and reservation wages are negatively correlated.
In:
Economics Letters
106 (2010), 3, S. 223-226
| Markus Pannenberg
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Referierte Aufsätze Web of Science
Complementing prior research on income and educational mobility, we examine the intergenerational transmission of cognitive abilities. We find that individuals' cognitive skills are positively related to their parents' abilities, despite controlling for educational attainment and family background. Differentiating between mothers' and fathers' IQ transmission, we find different effects on the cognition ...
In:
Journal of Population Economics
23 (2010), 3, S. 1105-1132
| Silke Anger, Guido Heineck
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Referierte Aufsätze Web of Science
How individual wages change with time is one of the crucial determinants of labour market decisions including the timing of retirement. The focus of this paper is the relationship between age and wages with special attention given to individuals nearing retirement. The analysis is presented in a comparative context for Britain and Germany looking at two longitudinal data sets (BHPS and SOEP, respectively) ...
In:
Oxford Bulletin of Economics and Statistics
72 (2010), 3, S. 282-306
| Michal Myck
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Referierte Aufsätze Web of Science
In this paper, we present a nonparametric comparative efficiency analysis of 179 communal public transport bus companies in Germany (1990-2004). We apply both deterministic data envelopment analysis (DEA) and bootstrapping to test the robustness of our estimates and to test the hypothesis of global and individual constant returns to scale. We find that the average technical efficiency of German bus ...
In:
Transportation Research Part E
46 (2010), 3, S. 436-445
| Christian von Hirschhausen, Astrid Cullmann
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Referierte Aufsätze Web of Science
We analyze the role of distance to the nearest university in the demand for higher education in Germany. Distance could matter due to transaction costs or due to neighbourhood effects. We use data from the German Socio-Economic Panel (SOEP) combined with a database on university postal codes to estimate a discrete choice model of the demand for higher education. We show that - controlling for other ...
In:
Economics of Education Review
29 (2010), 3, S. 470-479
| C. Katharina Spieß, Katharina Wrohlich
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Referierte Aufsätze Web of Science
We estimate a dynamic structural life-cycle model of employment, non-employment and retirement that includes endogenous accumulation of human capital and intertemporal non-separabilities in preferences. In addition, the model accounts for the effects of income tax, social security contributions and the transfer system on work incentives. The structural parameter estimates are used to evaluate the employment ...
In:
The Econometrics Journal
13 (2010), 3, S. S99-S125
| Peter Haan, Victoria Prowse
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Referierte Aufsätze Web of Science
Introduction to the Special Issue
In:
Zeitschrift für Familienforschung
22 (2010), 3, S. 261-265
| Christian Schmitt, Heike Trappe
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Referierte Aufsätze Web of Science
We perform a comparative analysis of regional growth and convergence in China, Russia and India over the period 1993-2003 by means of non-parametric methods and kernel density estimates. Our results indicate that wealthy regions were largely responsible for the rapid growth in all three countries. For China and India, capital dissipation was identified as the major determinant of regional growth. In ...
In:
Economics of Transition
18 (2010), 3, S. 539-570
| Oleg Badunenko, Kiril Tochkov