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Externe Monographien
Bayesian empirical macroeconomic models are excellent tools for prediction and structural analysis. The use of a prior distribution facilitates model averaging, allows for structural identification of multiple time series models and makes estimation of high-dimensional models feasible. However, prior distributions need to be chosen carefully in order to accurately reflect the researcher's beliefs before ...
Berlin:
FU Berlin,
2019,
192, XXXVII S.
| Martin Bruns
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Refereed essays Web of Science
We estimate the effect of government spending shocks on the U.S. economy with a time‐varying parameter vector autoregression. The recent Great Recession period appears to be characterized by uniquely large impulse responses of output to fiscal shocks. Moreover, the particularity of this period is underlined by highly unusual responses of several other variables. The pattern of fiscal shock responses ...
In:
Journal of Money, Credit and Banking
51 (2019), 5, S. 1237-1264
| Mathias Klein, Ludger Linnemann
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DIW Weekly Report 32 / 2019
Housing prices in many countries have increased significantly over the past years, fueling a fear that speculative price bubbles will return. However, it can be difficult for policymakers to recognize when regulatory interventions in the market are necessary to counteract bubbles. This report shows how modern machine learning methods can be used to forecast speculative price bubbles at an early stage. ...
2019| Konstantin A. Kholodilin, Claus Michelsen
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SOEPpapers 1050 / 2019
The objective of the study is to investigate the changing role of explanatory factors of wealth and the gender wealth gap in Germany over the period 2002-2012 using individual level microdata from the German Socio-Economic Panel. The authors apply distributional decomposition methods and focus on the role of changes in labor supply, permanent income, portfolio composition, and marital status in this ...
2019| Eva Sierminska, Daniela Piazzalunga, Markus M. Grabka
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SOEPpapers 1051 / 2019
In this paper, I estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. I find that informal elderly care has adverse and persistent effects on labor market outcomes and therefore negatively affects lifetime earnings, future pension benefits, and individuals’ well-being. These consequences of ...
2019| Thorben Korfhage
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SOEPpapers 1048 / 2019
Overcommitted individuals cannot withdraw from work obligations. We examine whether work goal engagement attenuates the negative effects of overcommitment on work and health outcomes. For overcommitted professionals it should matter whether they dedicate time and energy to work goals they feel bound to or to goals they do not feel attached to (unengaged overcommitment). In a longitudinal study of 752 ...
2019| Sabine Hommelhoff, David Richter, Cornelia Niessen, Denis Gerstorf, Jutta Heckhausen
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Report
At the start of Summer Semester 2019, Marco Giesselmann took up his new position in the Institute of Sociology at the University of Zurich. At the SOEP, Marco was responsible for organizing SOEPcampus events. Sandra Bohmann has now taken on full responsibility for this task, which she has been carrying out as Marco’s replacement for some time. Marco is now also Senior Research Fellow at the SOEP.
Christian ...
15.08.2019
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SOEPpapers 1045 / 2019
Die vorliegende Studie befasst sich mit der Analyse der Stabilität der Lebenszufriedenheit, auf Basis der Paneldaten des sozio-oekonomischen Panels (SOEP). Benutzt wird das neuartige Konzept der longitudinalen Entropie und so können bereits in der Literatur vorliegende Analysen zur (In)Stabilität der Lebenszufriedenheit ergänzt und vertieft werden. Es wird gezeigt, dass Persönlichkeitseigenschaften, ...
2019| Laura Schräpler, Jörg-Peter Schräpler, Gert G. Wagner
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SOEPpapers 1047 / 2019
This paper studies self-control in a nationally representative sample. Using the well-established Tangney scale to measure trait self-control, we find that people’s age as well as the political and economic institutions they are exposed to have an economically meaningful impact on their level of self-control. A higher degree of self-control is, in turn, associated with better health, educational and ...
2019| Deborah A. Cobb-Clark, Sarah C. Dahmann, Daniel A. Kamhöfer, Hannah Schildberg-Hörisch
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Externe Monographien
Labor market and demographic developments are highly interrelated. This dissertation analyzes important intersections between the two. Its four chapters are based on large, mostly administrative micro data. The first three chapters apply innovative quasi-experimental methods, while the last chapter provides a descriptive analysis .The first chapter investigates empirically how maternal labor supply ...
Berlin:
FU Berlin,
2019,
190 S.
| Julia Schmieder