-
Refereed essays Web of Science
This paper provides formulas for optimal top marginal tax rates when couples are taxed according to income splitting between spouses, consumption is taxed, and the skill distribution is unbounded. Optimal top marginal income tax rates are computed for Germany using a dataset that includes the tax returns of all German top taxpayers. We find that the optimal top marginal tax rate converges to about ...
In:
European Economic Review
56 (2012), 6, S. 1055-1069
| Stefan Bach, Giacomo Corneo, Viktor Steiner
-
Refereed essays Web of Science
We explore the strategic role of private quality standards in food supply chains. Considering two symmetric retailers that are exclusively supplied by a finite number of producers and endogenizing the suppliers' delivery choice, we show that there exist two asymmetric equilibria in the retailers' quality requirements. Our results reveal that the retailers use private quality standards to improve their ...
In:
American Journal of Agricultural Economics
94 (2012), 5, S. 1189-1201
| Vanessa von Schlippenbach, Isabel Teichmann
-
Refereed essays Web of Science
This paper provides a study of bond yield differentials among EU government bonds on the basis of a unique data set of issue spreads in the US and DM (Euro) bond market between 1993 and 2009. Interest differentials between bonds issued by EU countries and Germany or the USA contain risk premiums which increase with fiscal imbalances and depend negatively on the issuer's relative bond market size. The ...
In:
Journal of International Money and Finance
31 (2012), 5, S. 975-995
| Kerstin Bernoth, Jürgen von Hagen, Ludger Schuknecht
-
Refereed essays Web of Science
It is still unclear to what extent time allocation retrospectively reported in questionnaires reflects people's actual behavior. Addressing this research gap, we analyze the congruence oftime use information assessed through retrospective questionnaires and through experience sampling methodology. Participants completed standard survey questions on time allocation. In addition, a mobile-phone-based ...
In:
Social Science Research
41 (2012), 5, S. 1037-1052
| Bettina Sonnenberg, Michaela Riedinger, Cornelia Wrzus, Gert G. Wagner
-
Refereed essays Web of Science
Soziologische Theorien postulieren seit langem Zusammenhänge zwischen sozialer Ungleichheit. - und dem Empfinden von Emotionen. Der Vielfalt theoretischer Arbeiten steht jedoch ein Mangel an empirischen Studien gegenüber, insbesondere mit Blick auf die präzise Erfassung von Emotionen. Aus diesem Grund prüfen wir empirisch die Zusammenhänge zwischen Indikatoren sozialer Ungleichheit und der Häufigkeit ...
In:
Zeitschrift für Soziologie
41 (2012), 5, S. 392-409
| Katja Rackow, Jürgen Schupp, Christian von Scheve
-
Refereed essays Web of Science
This paper assesses the validity of the perception-based governance indicators used by the US Millennium Challenge Account (MCA) for aid allocation decisions. By conducting Explanatory and Confirmatory Factor Analysis of data from 1996 to 2009, we find that although the MCA purports to measure seven distinct dimensions of governance, only two discrete underlying dimensions, the perceived "participatory ...
In:
World Development
40 (2012), 5, S. 900-915
| Martin Knoll, Petra Zloczysti
-
Refereed essays Web of Science
This study utilizes the dynamic factor model of Giannone et al. (2008) in order to make now-/ forecasts of GDP quarter-on-quarter growth rate in Switzerland. It also assesses the informational content of macroeconomic data releases for forecasting of the Swiss GDP. We find that the factor model offers a substantial improvement in forecast accuracy of GDP growth rate compared to a benchmark naive constant-growth ...
In:
Jahrbücher für Nationalökonomie und Statistik
232 (2012), 4, S. 429-444
| Boriss Siliverstovs, Konstantin A. Kholodilin
-
Refereed essays Web of Science
Delay of gratification (DoG) and delay discounting (DD) are behavioral measures of self-regulation and impulsivity. Whereas DoG refers to the postponement of gratification, DD involves the devaluation of a reward over time. Previous studies have demonstrated associations between paternal self-control, paternal personality traits, parenting styles, maternal intelligence, and children's self-regulation. ...
In:
Swiss Journal of Psychology
71 (2012), 4, S. 215-226
| Reinhard Drobetz, Andreas Maercker, C. Katharina Spieß, Gert G. Wagner, Simon Forstmeier
-
Refereed essays Web of Science
We investigate the exertion of market power in the global crude oil market over the past years. Recognizing the difficulty of identifying market power in the crude oil market by empirical studies, we propose a numerical partial equilibrium model formulated as a mixed complementarity problem. Our approach allows for strategic behavior in a Nash-Cournot market, a Stackelberg leader-follower game, an ...
In:
The Energy Journal
33 (2012), 4, S. 1-22
| Daniel Huppmann, Franziska Holz
-
Refereed essays Web of Science
The following study investigates the conditions under which adolescents in Germany between the ages of 16 and 19 who experienced poverty at some point during childhood complete sec-ondary school. Based on considerations from resilience and socialization theory, we test the relevance of social and personal factors for success in secondary school. Based on data from the German Socio-Economic Panel Study ...
In:
Zeitschrift für Soziologie der Erziehung und Sozialisation
32 (2012), 4, S. 379-395
| Anke Böckenhoff, Jörg Dittmann, Jan Goebel