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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
A time-varying parameters Bayesian structural vector autoregression (TVP-BVAR) model with stochastic volatility is employed to characterize the monetary policy stance of the Bank of Canada (BoC) in terms of an interest rate rule linking the policy rate to the output gap, inflation and the exchange rate. Using quarterly bilateral Canadian–US data, we find such an interest rate rule to have little explanatory ...
In:
Empirical Economics
55 (2018), 2, S. 471-494
| T. Philipp Dybowski, Max Hanisch, Bernd Kempa
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Referierte Aufsätze Web of Science
Previous research on social inequalities relied primarily on objective indicators. According to recent studies, however, subjective indicators that reflect a person’s perceptions and evaluations of inequalities are also relevant. Such evaluations depend on an individual’s normative orientation, so respective attitudes toward distributive justice need to be accounted for appropriately. This article ...
In:
Social Indicators Research
136 (2018), 2, S. 663-692
| Sebastian Hülle, Stefan Liebig, Meike Janina May
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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
Both lifespan psychology and life course sociology highlight that contextual factors influence individual functioning and development. In the current study, we operationalize context as county-level care services in inpatient and outpatient facilities(e.g., number of care facilities, privacy in facilities) and investigate how the care context shapes well-being in the last years of life. To do so, we ...
In:
European Journal of Ageing
15 (2018), 2, S. 111-122
| Nina Vogel, Nilam Ram, Jan Goebel, Gert G. Wagner, Denis Gerstorf
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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
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Referierte Aufsätze Web of Science
The wage curve introduced by Blanchflower and Oswald (1990, 1994b) postulates a negative correlation between wages and unemployment. Empirical studies use different channels for a theoretical underpinning the relationship. Panel data models mostly draw on bargaining power or the efficiency wage hypothesis. Spatial econometric approaches can be rationalized by monopsonistic competition. However, the ...
In:
Review of Regional Research
38 (2018), 1, S. 53-75
| Reinhold Kosfeld, Christian Dreger
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Referierte Aufsätze Web of Science
In this study, we argue that the long arm of childhood that determines adult mortality should be thought of as comprising an observed part and its unobserved counterpart, reflecting the observed socioeconomic position of individuals and their parents and unobserved factors shared within a family. Our estimates of the observed and unobserved parts of the long arm of childhood are based on family-level ...
In:
Demography
55 (2018), 1, S. 295-318
| Hannes Kröger, Rasmus Hoffmann, Lasse Tarkiainen, Pekka Martikainen
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Referierte Aufsätze Web of Science
Due to increased empirical interest in narcissism across the social sciences, there is a need for inventories that can be administered quickly while also reliably measuring both the agentic and antagonistic aspects of grandiose narcissism. In this study, we sought to validate the factor structure, provide representative descriptive data and reliability estimates, assess the reliability across the trait ...
In:
Psychological Assessment
30 (2018), 1, S. 86-96
| Marius Leckelt, Eunike Wetzel, Tanja M. Gerlach, Robert A. Ackerman, Joshua D.Miller, William J. Chopik, Lars Penke, Katharina Geukes, Albrecht C. P. Küfner, Roos Hutteman, David Richter, Karl-Heinz Renner, Marc Allroggen, Courtney Brecheen, W. Keith Campbell, Igor Grossmann, Mitja D. Back
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Referierte Aufsätze Web of Science
We compare three recently developed frontier estimators, namely the conditional DEA (Daraio and Simar, 2005; 2007b), the latent class SFA (Greene, 2005; Orea and Kumbhakar, 2004), and the StoNEZD approach (Johnson and Kuosmanen, 2011) by means of Monte Carlo simulation. We focus on their ability to identify production frontiers and efficiency rankings in the presence of environmental factors. Our simulations ...
In:
European Journal of Operational Research
265 (2018). 1, S. 133-148
| Maria Nieswand, Stefan Seifert