There is a vast empirical literature investigating the effects of child care costs on female employment. Day care costs are usually treated as a reduction in female wages, which is supposed to negatively affect a woman's propensity to participate in the labor market. In this paper, we argue that due to peculiarities of the German day care regime, an analysis of the effects of child care on mothers' ...
Das Papier gibt zunächst einen Überblick über die Ursachen und ökonomischen Kosten der Bankenkrise in Rußland, die im Jahr 1998 ausbrach. Eine Analyse des Verhaltens russischer Banken im Zeitraum 1998 bis 1999 zeigt, daß diese sich relativ konservativ bezüglich ihrer Kreditvergabe verhielten. Dies kann ein überraschendes Ergebnis sein aus folgenden Gründen: Die Bankenaufsicht hatte bisher eine relativ ...
Design-based estimators of totals, means or proportions in finite populations generally are functions of weighted sums. If each element selected into the sample is also observed, then for the calculation of the pi-estimator these weights are just the inverse inclusion probabilities of the elements. However, if e.g. nonresponse or attrition over time occurs, calculation of these weights also includes ...
In 1997 GDP per capita in East Germany was 57% of that of West Germany, wage rates were 75% of western levels, and the unemployment rate was at least double the western rate of 7.8%. One would expect that if capital flows and trade in goods failed to bring convergence, labor flows would respond, enhancing overall efficiency. Yet net emigration from East Germany has fallen from high levels in 1989-1990 ...
