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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
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
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
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Referierte Aufsätze Web of Science
This paper analyzes the efficiency of an explicit ex ante auction for network access to facilitating trade between two separate, but linked, electricity wholesale markets. It is generally assumed that greater regional interconnection will mitigate the exercise of local market power by dominant generators, but we show analytically that when a dominant player has access to a more competitive neighboring ...
In:
Journal of Regulatory Economics
37 (2010), 3, S. 243-265
| Georg Zachmann
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Referierte Aufsätze Web of Science
We analyze the impact on schooling outcomes of growing up in a non-intact family in Germany. We find that this experience is associated with worse outcomes according to estimates from models that do not control for possible correlations between common unobserved determinants of family structure and educational performance. Evidence of adverse effects emerges also when endogeneity is accounted for. ...
In:
Journal of Population Economics
23 (2010), 3, S. 1073-1103
| Marco Francesconi, Stephen P. Jenkins, Thomas Siedler
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Referierte Aufsätze Web of Science
In this paper, we empirically derive the welfare function that guarantees that the current German tax and transfer system for single women is optimal. In particular, we compare the welfare function conditional on the presence and age of children and assess how recent reforms of in-kind childcare transfers affect the welfare function. Our analysis is based on a discrete model of optimal taxation. We ...
In:
German Economic Review
11 (2010), 3, S. 278-301
| Peter Haan, Katharina Wrohlich
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Referierte Aufsätze Web of Science
We provide the first joint evidence on the relationship between individuals' cognitive abilities, their personality and earnings for Germany. Using data from the German Socio-Economic Panel Study, we employ scores from an ultra-short IQ-test and a set of measures of personality traits, namely locus of control, reciprocity and all basic items from the Five Factor Personality Inventory. Our estimates ...
In:
Labour Economics
17 (2010), 3, S. 535-546
| Guido Heineck, Silke Anger
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Referierte Aufsätze Web of Science
In 2007 and 2008 Polish governments introduced a series of reforms which led to a substantial reduction in the tax "wedge" (in Polish: "klin") on labour. These consisted of reductions in the disability rate of social security contributions (SSCs) and an introduction of an income tax credit for families with children. We show that the SSCs reforms on their own brought much greater reductions in the ...
In:
Labour Economics
17 (2010), 3, S. 556-566
| Leszek Morawski, Michal Myck
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Referierte Aufsätze Web of Science
We investigate the analytical and empirical linkages between cash flow, uncertainty, and firms' capital investment behavior. Our empirical approach constructs measures of own- and market-specific uncertainty from firms' daily stock returns and S&P 500 index returns along with a CAPM-based risk measure. Our results indicate that even in the presence of important firm-specific variables, uncertainty ...
In:
Oxford Economic Papers
62 (2010), 2, S. 286-306
| Christopher F. Baum, Mustafa Caglayan, Oleksandr Talavera