-
Referierte Aufsätze Web of Science
We empirically investigate the distributional consequences of the Riester scheme, the main private pension subsidization program in Germany. We find that 38% of the aggregate subsidy accrues to the top two deciles of the income distribution, but only 7.3% to the bottom two. Nonetheless the Riester scheme is almost distributionally neutral in terms of standard inequality measures. Two effects offset ...
In:
Finanzarchiv
74 (2018) 4, S. 415-445
| Giacomo Corneo, Johannes König, Carsten Schröder
-
Referierte Aufsätze Web of Science
China recently announced its national emissions trading scheme, advancing market-based approaches to cutting greenhouse gas emissions. Its evolution over coming years will determine whether it becomes an effective part of China’s portfolio of climate policies.
In:
Nature Climate Change
8 (2018), 4, S. 260-271
| Frank Jotzo, Valerie Karplus, Michael Grubb, Andreas Löschel, Karsten Neuhoff, Libo Wu, Fei Teng
-
Referierte Aufsätze Web of Science
This study investigates whether the expansion of public child care for children aged younger than 3 years in Germany has been associated with individual‐level change in gender ideologies. The authors develop and test a theoretical framework of the short‐term impact of family policy institutions on ideology change. The analysis links the German Family Panel pairfam (2008 to 2015) with administrative ...
In:
Journal of Marriage and Family
80 (2018), 4, S. 1020-1039
| Gundula Zoch, Pia S. Schober
-
Referierte Aufsätze Web of Science
In the light of the unconventional monetary policies implemented by most large central banks around the world, there is an intense debate about the potential impact on the prices of capital assets. Particularly in Germany, skepticism about the sustainability of the current policy by the European Central Bank is wide spread and concerns about the emergence of a speculative price bubble in the housing ...
In:
Empirical Economics
55 (2018), 4, S. 1957-1983
| Konstantin A. Kholodilin, Claus Michelsen, Dirk Ulbricht
-
Referierte Aufsätze Web of Science
Against the background of remunicipalisation trends in European public service sectors, this paper estimates firm-level productivity for German electricity retailers and tests whether the ownership type has a significant impact on productivity. We specify a production function for the retail sector with labour and external services as main inputs, which is estimated using a control function approach. ...
In:
German Economic Review
19 (2018), 4, S. 401-425
| Caroline Stiel, Astrid Cullmann, Maria Nieswand
-
Referierte Aufsätze Web of Science
This study examines how educational differences in work-care patterns among mothers with young children in Germany changed between 1997 and 2013. Since the mid-2000s, Germany has undergone a paradigm shift in parental leave and childcare policies. Our comparative analysis of East and West Germany provides new evidence on whether the long-standing gender regime differences interact with recent developments ...
In:
Work, Employment and Society
32 (2018), 4, S. 629-649
| Pia S. Schober, Juliane F. Stahl
-
Referierte Aufsätze Web of Science
Multiplicative growth processes that are subject to random shocks often have an asymmetric distribution of outcomes. In a series of incentivized laboratory experiments, we show that a large majority of participants either strongly underestimatethe asymmetry or ignore it completely. Participants misperceive the spread of the outcome distribution to be too narrowband, and they estimate the median and ...
In:
Management Science
64 (2018), 4, S. 1693-1706
| Ludwig Ensthaler, Olga Nottmeyer, Georg Weizsäcker, Christian Zankiewicz
-
Referierte Aufsätze Web of Science
The tertiarisation, or perhaps more accurately, the deindustrialisation of the economy has left deep scars on cities. It is evident not only in the industrial wastelands and empty factory buildings, but also in the income and social structures of cities. Industrialisation, collective wage setting, and the welfare state led to a stark reduction in income differences over the course of the 20th century. ...
In:
Urban Studies
55 (2018), 4, S. 790-806
| Martin Gornig, Jan Goebel
-
Referierte Aufsätze Web of Science
The integration of emerging markets into the global economy is heavily promoted by foreign direct investment (FDI) inflows. Among the factors explaining the location of FDI, regional trade agreements (RTAs) can be relevant for emerging markets, as they can promote economic integration and increase the attractiveness of the region for foreign investors. This paper investigates the impact of South–South ...
In:
Review of Development Economics
22 (2018), 3, S. 1263-1277
| Mondher Cherif, Christian Dreger
-
Referierte Aufsätze Web of Science
We use a cointegrated structural vector autoregressive model to investigate the relation between monetary policy in the euro area and the stock market. Since there may be an instantaneous causal relation, we consider long-run identifying restrictions for the structural shocks and also used (conditional) heteroscedasticity in the residuals for identification purposes. Heteroscedasticity is modelled ...
In:
Econometrics
6 (2018), 3, 36 (14 S.)
| Helmut Lütkepohl, Aleksei Netšunajev