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SOEP-IS 2013 – Fragebogen für die SOEP-Innovations-Stichprobe

Intended College Enrollment and Educational Inequality: Do Students Lack Information?

Despite increasing access to university education, students from disadvantaged or non-academic family backgrounds are still underrepresented at universities. In this regard, the economic literature mainly studies the effect of financial constraints on post-secondary educational decisions. Our knowledge on potential effects of other constraints regarding university education is more limited. We investigate ...

Europe needs to show what it’s made of

This article by Marcel Fratzscher was originally published in Handelsblatt Global Edition on June 28, 2016. The Frenchman Jean Monnet, one of the founding fathers of today’s Europe, wrote that the process of European unity will “be accomplished in crises.”? The Brexit decision is a catastrophe for all Europeans. It is coming at a high price in political, social and economic terms. But ...

Financial Literacy and Peer Effects: Causes and Consequences ; Dissertation

Direct Democracy, Voter Turnout and Representative Behavior: Essays in Political Economics ; Dissertation

Kapitel 1: Um dem übermäßigen Gebrauch von Instrumenten wie Bürgerbegehren vorzubeugen, werden oftmals sogenannte Unterschriftenhürden vorgeschrieben. Wir evaluieren den kausalen Effekt einer Senkung der Unterschriftenhürde auf die beobachtete Anzahl an Bürgerinitiativen. Basierend auf deutschen Gemeindedaten nutzen wir diskrete Sprünge in der Unterschriftenhürde an bestimmten Bevölkerungsgrenzen, ...

Is There a Doctor on Board? Collecting Generalizable Data on Doctoral Candidates in Germany

Despite of its relevance for science policy and the scientific community, empirical research on doctoral education in Germany is sparse. The few papers available face challenges in the sampling approach: simple random sampling is not possible, because a universal register of PhD candidates in Germany does not exist yet. This article focuses on the issues related to possible data collections for the ...

Currency Value

We assess the properties of currency value strategies based on real exchange rates. We find that real exchange rates have predictive power for the cross-section of currency excess returns. However, adjusting real exchange rates for key country-specific fundamentals (productivity, the quality of export goods, net foreign assets, and output gaps) better isolates information related to the currency risk ...

Bereitstellung von Regelleistung durch Elektrofahrzeuge: Modellrechnungen für Deutschland im Jahr 2035

Sowohl beim Ausbau erneuerbarer Energien als auch im Bereich der Elektromobilität hat sich die Bundesregierung ambitionierte Ziele gesetzt. Im Kontext der Energiewende soll der Anteil fluktuierender erneuerbarer Energien an der Stromerzeugung weiter deutlich steigen. Dies erfordert tendenziell eine erhöhte Vorhaltung von Regelleistung. Gleichzeitig sinkt die Stromerzeugung aus thermischen Kraftwerken, ...

Graduate Center Summer Workshop 2016

For the fifth time Graduate Center students will meet at Griebnitzsee for the annual Summer Workshop from June 27th to June 29th 2016. During the three-day workshop, GC13 and GC14 doctoral students present their current research.  

Monetary Policy Rules in Emerging Countries: Is There an Augmented Nonlinear Taylor Rule?

This paper examines the Taylor rule in five emerging economies, namely Indonesia, Israel, South Korea, Thailand, and Turkey. In particular, it investigates whether monetary policy in these countries can be more accurately described by (i) an augmented rule including the exchange rate, as well as (ii) a nonlinear threshold specification (estimated using GMM), instead of a baseline linear rule. The results ...