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SOEPpapers 819 / 2016
In this article, we investigate the differences in smoking behavior between male Turkish immigrants and male Germans, using data from the German Socio-Economic Panel (SOEP). More specifically, we use a Blinder-Oaxaca decomposition method for count data models, and isolate differences in the number of cigarettes consumed daily between Turkish immigrants and Germans into a component reflecting differences ...
2016| Rui Dang
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SOEPpapers 820 / 2016
In this paper the relationship between parental unemployment at time of children's labor market entrance on the quality of their children's first job is analyzed. Using data from the German Socio-Economic Panel (SOEP) for the years 1991-2012 the quality of the first job in terms of wage, permanent position and full-time employment is examined. The results show a negative correlation between fathers' ...
2016| Maria Kleverbeck, Michael Kind
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DIW Discussion Papers 1554 / 2016
The increasing integration of international financial markets means that credit defaults in one country have to be covered by creditors in other countries. If the principle of creditor liability were applied systematically, the financial losses incurred by the financial institution that provided the credit and is thus directly affected by the default would be “passed on” through its domestic and foreign ...
2016| Dieter Schumacher
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Event
Presentation of the Asian Development Outlook 2016 by Juzhong Zhuang, Deputy Chief Economist of ADB. Juzhong Zhuang joined the ADB in 1997, and currently works in the Economics and Research Department. His division produces policy research on long-term development issues facing Asia and the Pacific and supports ADB’s operations to strengthen the economic rationale of its lending and non...
30.03.2016| Introduction by Marcel Fratzscher, President of DIW BerlinOpening Remarks by Hans-Joachim Fuchtel, Parliamentary State Secretary, BMZ
Presentation of the Asian Development Outlook 2016 by Juzhong Zhuang, Deputy Chief Economist of ADB
Panel Discussion withLudger Schuknecht, Head of the Directorate General I, Federal Ministry of Finance Jörg Zeuner, Chief Economist at KfW Banking Group and Head of the Economics DepartmentJuzhong Zhuang, Deputy Chief Economist of ADBChair: Marcel Fratzscher, President of DIW Berlin
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Refereed essays Web of Science
We re-examine the dynamic relations between stock prices and macroeconomic fundamentals for six major industrialized countries in the wake of the recent financial crisis. Our analysis is based on a structural vector autoregressive (SVAR) model, which relies on a long-run restriction to identify fundamental and non-fundamental shocks to stock prices. This paper is the first in this line of literature ...
In:
Journal of Economics and Business
80 (2015), S. 1-20
| Anton Velinov, Wenjuan Chen
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Refereed essays Web of Science
This paper examines the relevance of the Lucas critique for euro area money demand. Based on the money in the utility function approach, a vector error correction model is specified to investigate the relationship between money and inflation in times of policy shifts. A well defined equation for money demand is obtained. The results indicate that the evolution of M3 is still in line with money demand. ...
In:
Empirica
43 (2016), 1, S. 61-82
| Christian Dreger, Jürgen Wolters
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Externe Monographien
Die in dieser Dissertation gesammelten Aufsätze untersuchen die Interaktion zwischen Finanzmärkten und realwirtschaftlicher Entwicklung. Sie stellen dabei insbesondere auf die Rolle von Liquiditätsfriktionen ab. In den folgenden Kapiteln werden zwei unterschiedliche Modellrahmen entwickelt, in denen einerseits Refinanzierungsrisiken im Bankensektor und andererseits Marktliquiditätsrisiken, also Friktionen ...
Berlin:
TU Berlin,
2015,
XIII, 127 S.
| Sören Radde
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Externe Monographien
The global financial crisis of 2007/08 uncovered the need to integrate financial- and credit market frictions into macroeconomic models. This dissertation contributes to this research agenda by modelling and quantifying the role of financial market frictions in different topics in open economy macroeconomics through three essays. The first essay provides a quantitative assessment of financial market ...
Berlin:
Freie Univ. Berlin, FB Wirtschaftswiss.,
2015,
XV, 204 S.
| Christoph Große Steffen
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Video
We ended 2015 with good news: For the first time in history, the number of extremely poor people dropped below 10 percent. The new sustainable development goals and the Paris climate deal bring momentum to our effort to lift the remaining 700 million poor out of poverty while generating climate-smart economic growth. Hardly ever before did so many governments, businesses, international...
18.02.2016| Veranstaltungsrückblick
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Refereed essays Web of Science
We compare dictator and impunity games. In impunity games, responders can reject offers but to no payoff consequence to proposers. Because proposers act under impunity, we should expect the same behavior across games, but experimentally observed behavior varies. Responders indeed exercise the rejection option. This threat psychologically influences proposers. Some proposers avoid rejection by offering ...
In:
Economics Letters
141 (2016), S. 119–121
| Alexander S. Kritikos, Jonathan H. W. Tan