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Referierte Aufsätze Web of Science
This paper assesses the impact of public good provision on the spatial distribution of employment as predicted by a local labor market model that allows for commuting. Using local grammar school closures in East Germany after 2000 in a difference-in-differences estimation framework coupled with an entropy balancing strategy, we find that the school closures triggered a decline in the number of (employed) ...
In:
Regional Science & Urban Economics
88 (2021), 103672, 18 S.
| Ronny Freier, Martin Simmler, Christian Wittrock
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Referierte Aufsätze Web of Science
We develop and implement a new measure for inequality aversion: two peers are endowed with identical binary lotteries and the only choice they make is whether they want to play out the lotteries independently or with perfect positive correlation (coupling). Coupling has the core reason to prevent outcome inequality. We implement the method in a survey in rural Thailand as well as in a supplemental ...
In:
Journal of Economic Behavior & Organization
191 (2021), S. 236–256
| Melanie Koch, Lukas Menkhoff, Ulrich Schmidt
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Referierte Aufsätze Web of Science
We study the state-dependent trading behavior of financial institutions in the oil futures market, using structural vector autoregressions with Markov switching in heteroskedasticity. We consider two states of the world: tranquil and turbulent. We decompose the observable time-varying price volatility during the period 2006M6–2016M5 into changes in the slopes of traders’ demand curves and into changes ...
In:
Journal of Economic Behavior & Organization
191 (2021), S. 1011-1024
| Daniel Bierbaumer, Malte Rieth, Anton Velinov
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Referierte Aufsätze Web of Science
This study provides the first representative analysis of error estimations and willingness to accept errors in a Western country (Germany) with regards to algorithmic decision-making systems (ADM). We examine people’s expectations about the accuracy of algorithms that predict credit default, recidivism of an offender, suitability of a job applicant, and health behavior. Also, we ask whether expectations ...
In:
Scientific Reports
11 (2021), 20171, 11 S.
| Felix G. Rebitschek, Gerd Gigerenzer, Gert G. Wagner
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Referierte Aufsätze Web of Science
This research studies the stylized fact of a “gender gap” in that women tend to have lower financial literacy than men. Our data which samples middle-class people from Bangkok does not show a gender gap for those with at least minimum wage earnings. This result is not explained by men’s low financial literacy, nor by women’s high income and good education. Rather, country characteristics may influence ...
In:
Journal of Behavioral and Experimental Finance
31 (2021), 100537, 10 S.
| Antonia Grohmann, Olaf Hübler, Roy Kouwenberg, Lukas Menkhoff
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Referierte Aufsätze Web of Science
A major challenge for proxy vector autoregressive analysis is the construction of a suitable external instrument variable or proxy for identifying a shock of interest. Some authors construct sophisticated proxies that account for the dating and size of the shock while other authors consider simpler versions that use only the dating and signs of particular shocks. It is shown that such qualitative (sign-)proxies ...
In:
Journal of Economic Dynamics & Control
127 (2021), 104118, 17 S.
| Lukas Boer, Helmut Lütkepohl
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Referierte Aufsätze Web of Science
Despite Rawls’ famous call to distinguish between justice and fairness, these and other justice-related words often seem to be used interchangeably by both ordinary people and justice researchers. Based on a survey-embedded question wording experiment (N = 4534) fielded in Germany as part of the GESIS Panel, we explore the effects of three justice words— “just,” “fair,” and “appropriate”—on the sense ...
In:
Social Justice Research
34 (2021), S. 397–427
| Jule Adriaans, Stefan Liebig, Clara Sabbagh, Guillermina Jasso
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Referierte Aufsätze Web of Science
This paper aims to quantify the relation between real GDP, CO2 emissions, renewable and nonrenewable energy consumption, tourism development and labor force for France and Germany as these two countries are pioneer countries pushing Paris agreement within and outside the European Union. The time spans have been used for the period of 1995–2015 according to data availability. In the presence of cross-sectional ...
In:
Renewable Energy
172 (2021), S. 88-99
| Xuejiao Ma, Najid Ahmad, Pao-Yu Oei
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Referierte Aufsätze Web of Science
We study a merger between two Dutch supermarket chains to assess its effect on the depth as well as composition of assortment. We adopt a difference-in-differences strategy that exploits local variation in pre-merger competitive conditions and thus in the merger outcomes. To define our control group, we account for selection on observables through a matching procedure. We observe that, after the merger, ...
In:
International Journal of Industrial Organization
79 (2021), 102789, 19 S.
| Elena Argentesi, Paolo Buccirossi, Roberto Cervone, Tomaso Duso, Allessia Marrazzo
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Referierte Aufsätze Web of Science
This paper evaluates a widely used, low stakes, teacher peer-to-peer observation and feedback program under Randomized Control Trial (RCT) conditions. Half of 181 volunteer primary schools in England were randomly selected to participate in a two-year program in which three fourth and fifth grade teachers observed each other. We find that two cohorts of students taught by treated teachers perform no ...
In:
Economics of Education Review
82 (2021), 102091, 18 S.
| Richard Murphy, Felix Weinhardt, Gill Wyness