-
Referierte Aufsätze Web of Science
This study estimates the reform effects of a reduction in statutory sick pay levels on sickness absence behavior and labor costs. German federal law reduced the legal obligation of German employers to provide 100% continued wage pay for up to six weeks per sickness episode. In 1996 statutory sick pay was decreased to 80% of foregone gross wages. Within the reform's target group - private sector employees ...
In:
Journal of Public Economics
94 (2010), 11/12, S. 1108-1122
| Nicolas R. Ziebarth, Martin Karlsson
-
Referierte Aufsätze Web of Science
In a wage bargaining model, a stronger earnings relationship of unemployment benefits may reduce wages. Therefore, the benefit structure significantly influences profits and trade union utility, raising the question as to how the benefit structure is determined in the political process. We consider a government that chooses the earnings relationship in order to maximize its political support. Our model ...
In:
Public Choice
145 (2010), 1-2, S. 137-163
| Laszlo Goerke, Markus Pannenberg, Heinrich W. Ursprung
-
Referierte Aufsätze Web of Science
Recent empirical studies have found evidence of unstable long run money demand functions if recent data are used. If the link between money balances and the macroeconomy is fragile, the rationale of monetary aggregates in the ECB strategy has to be doubted. In contrast we present a "stable" long run money demand relationship for M3 for the period 1983-2006. To obtain the result, the short run homogeneity ...
In:
Public Choice
144 (2010), 3-4, S. 459-472
| Christian Dreger, Jürgen Wolters
-
Referierte Aufsätze Web of Science
Optimal tax rules are used to evaluate the optimality of taxation for lone mothers in Germany and Britain. The theoretical model is combined with elasticities derived from the structural estimation of lone mothers' labour supply. For both countries we do not find that in-work credits with marginal tax rates are optimal. However we show that when the government has a low taste for redistribution, out-of-work ...
In:
The Economic Journal
119 (2009), 535, S. 101-121
| Richard Blundell, Mike Brewer, Peter Haan, Andrew Shephard
-
Referierte Aufsätze Web of Science
This paper formulates a model to explain how parental care responsibilities and family structure interact in affecting children's mobility characteristics. Our main result is that the mobility of young adults crucially depends on the presence of a sibling. Siblings compete in location and employment decisions to direct parental care decisions towards their preferred outcome. Only children are not exposed ...
In:
Economica
76 (2009), 303, S. 528-556
| Helmut Rainer, Thomas Siedler
-
Referierte Aufsätze Web of Science
There are only a few studies which examine regional convergence in the enlarged European Union. None of these approaches uses a conditional convergence model, which considers different initial conditions of regions. We refer to the Mankiw et al. (1992) model to examine convergence including the New Member States. Note that most researchers use equal values of depreciation rate and rate of technological ...
In:
Applied Economics Letters
16 (2009), 18, S. 1805-1808
| Hans-Friedrich Eckey, Christian Dreger, Matthias Türck
-
Referierte Aufsätze Web of Science
This article questions the perceived wisdom that migrants are more risk-loving than the native population. We employ a new large German survey of direct individual risk measures to find that first-generation migrants have lower risk attitudes than natives, which only equalize in the second generation.
In:
Applied Economics Letters
16 (2009), 15, S. 1581-1586
| Holger Bonin, Amelie Constant, Konstantinos Tatsiramos, Klaus F. Zimmermann
-
Referierte Aufsätze Web of Science
This article suggests a novel approach to pre-selection of the component series of the diffusion index based on their individual forecasting performance. It is shown that this targeted selection allows substantially improving the forecasting ability compared to the diffusion index models that are based on the largest available data set.
In:
Applied Economics Letters
16 (2009), 12, S. 1249-1254
| Boriss Siliverstovs, Konstantin A. Kholodilin
-
Referierte Aufsätze Web of Science
This paper presents the first comparative analysis of the relationship between natural gas storage utilization and price patterns at three major European trading points. Using two indirect tests developed by (Fama and French, 1987) and (Fama and French, 1988) that are applied in other commodity markets, we impose the no arbitrage condition to model the efficiency of the natural gas market. The results ...
In:
Energy Policy
37 (2009), 12, S. 5432-5439
| Marcus Stronzik, Margarethe Rammerstorfer, Anne Neumann
-
Referierte Aufsätze Web of Science
Using a mobile-phone-based experience-sampling technology in a sample of 378 individuals ranging from 14 to 86 years of age, we investigated age differences in how people want to influence their feelings in their daily lives. Contra-hedonic motivations of wanting either to maintain or enhance negative affect or to dampen positive affect were most prevalent in adolescence, whereas prohedonic motivations ...
In:
Psychological Science
20 (2009), 12, S. 1529-1535
| Michaela Riediger, Florian Schmiedek, Gert G. Wagner, Ulman Lindenberger