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Refereed essays Web of Science
A personal bankruptcy law that allows for a "fresh start" not only reduces the individual risk involved in entrepreneurship, but may also lead to higher interest rates charged by creditors. Both effects are less relevant for wealthy potential entrepreneurs. This paper illustrates these effects in a model and tests the hypotheses derived by exploiting the introduction of a "fresh start" policy in Germany ...
In:
American Law and Economics Review
16 (2014), 1, S. 269-312
| Frank M. Fossen
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Refereed essays Web of Science
Using cross-sectional and longitudinal data from a national sample spanning the adult life span, age differences in anger and sadness were explored. The cross-sectional and longitudinal findings consistently suggest that the frequency of anger increases during young adulthood, but then shows a steady decrease until old age. By contrast, the frequency of sadness remains stable over most of adulthood ...
In:
Emotion
13 (2013), 6, S. 1086-1095
| Ute Kunzmann, David Richter, Stefan C. Schmukle
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Press Release
A job loss has considerable negative consequences for those hit by unemployment. This is all the more relevant if families are affected. It not only relates to a family's financial situation: a mother losing her job can also impact on child development. A study conducted by DIW Berlin using data from the German Socio-Economic Panel Study (SOEP) shows that this is indeed the case as far as non-cognitive ...
14.08.2013
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DIW Discussion Papers 1317 / 2013
The interdependence of electricity and natural gas is becoming a major energy policy and regulatory issue in all jurisdictions around the world. The increased role of gas fired plants in renewable-based electricity markets and the dependence on gas imports make this issue particular striking for the European energy market. In this paper we provide a comprehensive combined analysis of electricity and ...
2013| Jan Abrell, Clemens Gerbaulet, Franziska Holz, Casimir Lorenz, Hannes Weigt
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Economic Bulletin
by: S. Bach, G. Baldi, K. Bernoth, J. Blazejczak, B. Bremer, J. Diekmann, D. Edler, B. Farkas, F. Fichtner, M. Fratzscher, M. Gornig, C. Kemfert, U. Kunert, H. Link, K. Neuhoff, W.-P. Schill, C. K. Spieß in: DIW Economic Bulletin 08/2013. Shortly before the parliamentary election in 2013, Germany is riding on a wave of euphoria: hardly any other euro country has weathered the financial and debt ...
09.08.2013
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Economic Bulletin
by: Stefan Bach, Guido Baldi, Kerstin Bernoth, Björn Bremer, Beatrice Farkas, Ferdinand Fichtner, Marcel Fratzscher, Martin Gornig in: DIW Economic Bulletin 08/2013. While many countries in the euro area are deep in recession due to a debt and structural crisis, the German economy appears to have excelled compared to many other euro area countries. Unemployment has fallen to the lowest level since ...
09.08.2013
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Economic Bulletin
in: DIW Economic Bulletin 08/2013"Germany's Big Weakness is a Lack of Investment." Seven Questions to Marcel Fratzscher
09.08.2013
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Economic Bulletin
by: Uwe Kunert, Sabine Radke, Bastian Chlond, Martin Kagerbauer in: DIW Economic Bulletin 08/2013. Having barely registered an increase at the beginning of the new millennium, during the economic upturn after 2009, there was significant growth in the mileage by registered motor vehicles in Germany, both in the case of utility vehicles and automobiles. Overall, in 2011, automobiles covered a higher ...
09.08.2013
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DIW Economic Bulletin 8 / 2013
Shortly before the parliamentary election in 2013, Germany is riding on a wave of euphoria: hardly any other euro country has weathered the financial and debt crisis so well. Since 2009, GDP has grown by over eight percent and 1.2 million new jobs have been created. Public finances were consolidated and, in 2012, there was a fiscal surplus of 0.2 percent of GDP. An impressive financial position indeed ...
2013| S. Bach, G. Baldi, K. Bernoth, J. Blazejczak, B. Bremer, J. Diekmann, D. Edler, B. Farkas, F. Fichtner, M. Fratzscher, M. Gornig, C. Kemfert, U. Kunert, H. Link, K. Neuhoff, W.-P. Schill, C. K. Spieß
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DIW Economic Bulletin 8 / 2013
While many countries in the euro area are deep in recession due to a debt and structural crisis, the German economy appears to have excelled compared to many other euro area countries. Unemployment has fallen to the lowest level since German reunification, economic output has grown by over eight percent since 2009, and public budgets have been consolidated, generating a surplus in 2012. But this is ...
2013| Stefan Bach, Guido Baldi, Kerstin Bernoth, Björn Bremer, Beatrice Farkas, Ferdinand Fichtner, Marcel Fratzscher, Martin Gornig