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Referierte Aufsätze Web of Science
The behavioral sciences, including most of psychology, seek to explain and predict behavior with the help of theories and models that involve concepts (e.g., attitudes) that are subsequently translated into measures. Currently, some subdisciplines such as social psychology focus almost exclusively on measures that demand reflection or even introspection when administered to persons. We argue that such ...
In:
PloS one
13 (2018), 2, e0192907
| Siegmar Otto, Ulf Kröhne, David Richter
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Referierte Aufsätze Web of Science
China's government has been promoting the shift toward a consumption-based economy in the past few years to arrive at a path of sustainable and socially inclusive growth. In this context, the explicit goal to significantly raise the percentage ofwages in the national household income was an integral part of the 12th Five-Year Plan (2011–15). These changes in economic strategy are likely to affect the ...
In:
Asian Economic Papers
17 (2018) 2, S. 94-107
| Julian Donaubauer, Christian Dreger
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Referierte Aufsätze Web of Science
There is evidence that estimates of long-run impulse responses of structural vector autoregressive (VAR) models based on long-run identifying restrictions may not be very accurate. This finding suggests that using short-run identifying restrictions may be preferable. We compare structural VAR impulse response estimates based on long-run and short-run identifying restrictions and find that long-run ...
In:
AStA Advances in Statistical Analysis
102 (2018), 2, S. 229-244
| Helmut Lütkepohl, Anna Staszewska-Bystrova, Peter Winker
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Referierte Aufsätze Web of Science
Psychology offers conceptual and analytic tools that can advance the discussion on the nature of risk preference and its measurement in the behavioral sciences. We discuss the revealed and stated preference measurement traditions, which have coexisted in both psychology and economics in the study of risk preferences, and explore issues of temporal stability, convergent validity, and predictive validity ...
In:
Journal of Economic Perspectives
32 (2018), 2, S. 155-172
| Rui Mata, Renato Frey, David Richter, Jürgen Schupp, Ralph Hertwig
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Referierte Aufsätze Web of Science
Revenue cap regulation is often combined with systematic benchmarking to reveal the managerial inefficiencies when regulating natural monopolies. One example is the European energy sector, where benchmarking is based on actual cost data, which are influenced by managerial inefficiency as well as operational heterogeneity. This paper demonstrates how a conditional nonparametric method, which allows ...
In:
European Journal of Operational Research
265 (2018), 2, S. 710-722
| Endre Bjoerndal, Mette Björndal, Astrid Cullmann, Maria Nieswand
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Referierte Aufsätze Web of Science
Identification schemes are of essential importance in structural analysis. This paper focuseson testing a commonly used long-run structural parameter identification scheme claiming to identifyfundamental and non-fundamental shocks to stock prices. Five related widely used structural modelson assessing stock price determinants are considered. All models are either specified in vector errorcorrection ...
In:
Quantitative Finance and Economics
2 (2018), 1, S. 106-126
| Anton Velinov
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Referierte Aufsätze Web of Science
This article investigates the impact of indemnity payments from index insurance on the asset recovery of households following a catastrophic weather disaster. Our focus is on the Index-Based Livestock Insurance (IBLI) in Mongolia. We analyze the effect of IBLI indemnity payments after a once-in-50-year winter disaster struck Mongolia over the 2009/10 winter. The analysis is based on three waves of ...
In:
American Journal of Agricultural Economics
100 (2018), 1, S. 145-171
| Veronika Bertram-Hümmer, Kati Krähnert
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Referierte Aufsätze Web of Science
ObjectivesThis article analyzes how couples allocate housework against the backdrop of three questions: (1) Does an individual's income—both in absolute and relative terms—influence his or her contribution to housework? (2) If so, does themagnitude of this influence differ by gender? and (3) How important are traditional gender roles on housework allocation?MethodsWe apply panel regression techniques ...
In:
Social Science Quarterly
99 (2018), 1, S. 43-61
| Vivien Procher, Nolan Ritter, Colin Vance
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Referierte Aufsätze Web of Science
International carbon offset certificates were cheaper than European Union Allowances, although they were substitutes within the EU Emissions Trading System (EU ETS). Thus, firms had a strong incentive to use offset certificates. However, a considerable number of firms did not exhaust their offset quota and, by doing so, seemingly forwent profits. While most literature on emissions trading evaluates ...
In:
Environmental & Resource Economics
70 (2018), 1, S. 77-106
| Helene Naegele
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Referierte Aufsätze Web of Science
In this paper, I study how occupational segregation affects the allocation of talent in a competitive labour market. I propose a model of occupational choice in which heterogeneous workers must rely on their social contacts to acquire job‐vacancy information. While occupational segregation implies benefits in terms of job‐finding probability, it also leads to allocative inefficiencies. Efficient and ...
In:
The Scandinavian Journal of Economics
120 (2018), 1, S. 242-267
| David Pothier