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Referierte Aufsätze Web of Science
Using representative micro data from the German Socio-Economic Panel Study (SOEP), this paper delivers new insights into the development of income inequality and regional stratification in Germany after unification. This paper applies a new method for detecting social stratification by a decomposition of the Gini index that yields the obligatory between- and within-group components as well as an 'overlapping' ...
In:
Regional Studies
42 (2008), 4, S. 555-577
| Joachim R. Frick, Jan Goebel
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Referierte Aufsätze Web of Science
The Chinese government is building the largest public credit information database on earth. The Credit Registry Center of the People's Bank of China registers more than 600 million consumers of which 110 million have a credit relationship with a financial institution. The Center is a public utility monopoly which collects information from banks and non-bank institutions - a unique approach developed ...
In:
China Economic Review
19 (2008), 4, S. 537-550
| Nicola Jentzsch
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Referierte Aufsätze Web of Science
Global Warming Potential (GWP) is an index used to measure the cumulative radiative forcing of a tonne of greenhouse house gas (GHG) relative to that of a "reference" gas (CO2). Under the Kyoto Protocol, GWP can be used as a fixed index to govern the trade-off between different GHGs in a multi-gas approach to GHGs abatement. The use of fixed GWPs has been criticized for not being very cost effective ...
In:
Environmental Modeling and Assessment
13 (2008), 4, S. 503-515
| Truong P. Truong, Claudia Kemfert
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Referierte Aufsätze Web of Science
In this paper, the framework of the aggregated Beveridge curve is used to investigate the effectiveness of the job-matching process using German regional labour market data. For a fixed matching technology, the Beveridge curve postulates a negative relationship between the unemployment rate and the rate of vacancies, which is efficiently estimated using spatial econometric techniques. The eigenfunction ...
In:
The Annals of Regional Science
42 (2008), 4, S. 967-986
| Reinhold Kosfeld, Christian Dreger, Hans-Friedrich Eckey
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Referierte Aufsätze Web of Science
Foreign exchange rate expectations play a central role in virtually all monetary models for the open economy. Therefore, it is extremely important to gain empirical insights into the expectations formation process. In this paper, we use a unique disaggregated data set to model the expectations of file Yen/USD exchange rate of about 50 leading foreign exchange rate professionals. The survey includes ...
In:
International Journal of Finance and Economics
13 (2008), 4, S. 360-367
| Christian Dreger, Georg Stadtmann
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Referierte Aufsätze Web of Science
During the two decades between 1980 and 2000, there was no clear overall trend of economic convergence or divergence among West German regions. However, a number of regions that were already rich - generally large agglomerations - had succeeded in further distancing themselves from the rest. At the same time, knowledge-intensive services are identified as industries whose geographical concentration ...
In:
Regional Studies
42 (2008), 3, S. 413-421
| Kurt Geppert, Martin Gornig, Axel Werwatz
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Referierte Aufsätze Web of Science
We investigate the impact of measures of uncertainty on firms' capital investment behavior using a panel of U.S. firms. Increases in firm-specific and CAPM-based measures have a significant negative effect on investment spending, while market-based uncertainty has a positive impact
In:
Economics Letters
98 (2008), 3, S. 282-287
| Christopher F. Baum, Mustafa Caglayan, Oleksandr Talavera
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Referierte Aufsätze Web of Science
Turning unemployment into self-employment has become a major focus of German active labour market policy (ALMP) in recent years. If effective, this would not only reduce Germany's persistently high unemployment rate, but also increase its notoriously low self-employment rate. Empirical evidence on the effectiveness of such programmes is scarce. We evaluate the effectiveness of two start-up programmes ...
In:
Oxford Bulletin of Economics and Statistics
70 (2008), 3, S. 347-373
| Hans J. Baumgartner, Marco Caliendo
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Referierte Aufsätze Web of Science
Using probabilistic expectations data from the German Socio-Economic Panel, we establish a link between self-reported expectations of occupational mobility and preferences for redistribution. Our results provide new evidence on the validity of the "prospect of upward mobility" hypothesis. (
In:
Economics Letters
99 (2008), 3, S. 449-453
| Helmut Rainer, Thomas Siedler
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Referierte Aufsätze Web of Science
This paper models voters' preferences over central versus local education policies when there are private alternatives. Education is financed by income taxes and individuals are mobile between communities. Public education levels are chosen by majority vote. Contrary to conventional wisdom, centralisation may benefit the rich and poor, while the middle class prefer decentralised education. The model ...
In:
International Tax and Public Finance
15 (2008), 3, 338-352
| Rainald Borck