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Separate Spaces, Separate Outcomes? Neighbourhood Impacts on Minorities in Germany

In both the German and US literature on ethnic neighbourhoods, there is considerable debate as to whether living amongst co-ethnics hinders or furthers the integration process for immigrants. Using the detailed data on immigrant integration in the German Socio-economic Panel in combination with zip-code-level data on minority concentration and neighbourhood income levels, the research tests the extent ...

Der Einfluss des Einkommens der Eltern auf die Schulwahl

Die Einflüsse der Bildung und der sozialen Position der Eltern auf die Schulverläufe ihrer Kinder sind für Deutschland gut erforscht, die des Einkommens jedoch nicht. Nach den Theorien der Bildungswahl sind allerdings die Kosten des weiterführenden Schulbesuchs und die finanziellen Möglichkeiten der Eltern hierbei zentrale Aspekte. Deshalb konzentriert sich die vorliegende Untersuchung auf den Einfluss ...

Misleading Indicators? The Argentinean Currency Crisis

Despite the fact that Argentina has been suffering from recession for years, the timing and severity of the recent currency crisis surprised most observers. There is an extensive literature on early warning systems, which claim to be apt for a systematical prediction of currency crises. One of the most prominent "early warning system" approaches was first developed by Kaminsky, Lizondo, and Reinhart ...

Long-Run Forecasting in Multicointegrated Systems

A Simple, Analytically Solvable, Chamberlinian Agglomeration Model

This paper presents a simple Chamberlinian agglomeration model which, like the canonical core-periphery (CP) model, contains two agglomerative forces. However, in contrast to that model, the present model is analytically solvable. Moreover, the present model exhibits a "supercritical pitchfork bifurcation" rather than the "subcritical pitchfork bifurcation" of the CP model. This may be a better description ...

Assessing Leading Indicators for the EMU Area from a Practitioner's Perspective

In this paper, the empirical relevance of the credit channel for the explanation of monetary policy transmission in Germany during the period from 1985 to 1998 is analyzed. While existing studies of the credit channel rely mostly on the analysis of monetary policy effects on balance sheet items, both quantities and financing costs are considered here. Using vector autoregressive models, impulse response ...

Advising Policymakers through the Media

In the information age, an exchange with the media is part of the duties the economics profession has to deliver to educate the public. A key issue is the education of policymakers through the media. It is the silver bullet of policy advice in comparison to commissioned research and face-to-face advice provided to the politician. It also pleases the vanity of the scientist: Few economists are willing ...

Climate Coalitions and International Trade: Assessment of Cooperation Incentives by Issue Linkage

This paper investigates climate control coalition games. It studies whether incentives exist for non-cooperating nations like the USA to join a coalition based upon issue linkage. Issue linkage is considered through increased R&D expenditures triggering improved technological innovations that advance energy efficiencies. Model calculations demonstrate that incentives exist for non-cooperating countries ...

Cost Structure Surveys for Germany

Norm-Based Trade Union Membership: Evidence for Germany

In the absence of closed shops and discriminatory wage policies, union membership can be explained by the existence of social norms. We describe a model, incorporating institutional features of the German labour market, which explicitly allows for social custom effects in the determination of union membership. Using panel data for Germany, we find evidence for according effects which restrict free-riding. ...