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Refereed essays Web of Science
There are only a few studies which examine regional convergence in the enlarged European Union. None of these approaches uses a conditional convergence model, which considers different initial conditions of regions. We refer to the Mankiw et al. (1992) model to examine convergence including the New Member States. Note that most researchers use equal values of depreciation rate and rate of technological ...
In:
Applied Economics Letters
16 (2009), 18, S. 1805-1808
| Hans-Friedrich Eckey, Christian Dreger, Matthias Türck
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Refereed essays Web of Science
This article questions the perceived wisdom that migrants are more risk-loving than the native population. We employ a new large German survey of direct individual risk measures to find that first-generation migrants have lower risk attitudes than natives, which only equalize in the second generation.
In:
Applied Economics Letters
16 (2009), 15, S. 1581-1586
| Holger Bonin, Amelie Constant, Konstantinos Tatsiramos, Klaus F. Zimmermann
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Refereed essays Web of Science
Using a mobile-phone-based experience-sampling technology in a sample of 378 individuals ranging from 14 to 86 years of age, we investigated age differences in how people want to influence their feelings in their daily lives. Contra-hedonic motivations of wanting either to maintain or enhance negative affect or to dampen positive affect were most prevalent in adolescence, whereas prohedonic motivations ...
In:
Psychological Science
20 (2009), 12, S. 1529-1535
| Michaela Riediger, Florian Schmiedek, Gert G. Wagner, Ulman Lindenberger
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Refereed essays Web of Science
This article suggests a novel approach to pre-selection of the component series of the diffusion index based on their individual forecasting performance. It is shown that this targeted selection allows substantially improving the forecasting ability compared to the diffusion index models that are based on the largest available data set.
In:
Applied Economics Letters
16 (2009), 12, S. 1249-1254
| Boriss Siliverstovs, Konstantin A. Kholodilin
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Refereed essays Web of Science
Social questions of distribution and equity are of major importance for the political acceptance of car road pricing. The argument that kilometre-based private vehicle charging disadvantages the poor is often the core reason for opposing its introduction. An article in this journal [Steininger, K.W., Friedl, B., Gebetsroither, B., 2007. Sustainability impacts of car road pricing: a computable general ...
In:
Ecological Economics
68 (2009), 12, S. 2890-2896
| Dominika Kalinowska, Karl W. Steininger
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Refereed essays Web of Science
Carbon capture and storage (CCS) promises to allow for low-emissions fossil-fuel-based power generation. The technology is under development; a number of technological, economic, environmental and safety issues remain to be solved. CCS may prolong the prevailing coal-to-electricity regime and countervail efforts in other mitigation categories. Given the need to continue using fossil-fuels for some ...
In:
Energy Policy
37 (2009), 12, S. 5081-5093
| Barbara Praetorius, Katja Schumacher
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Refereed essays Web of Science
This paper presents the first comparative analysis of the relationship between natural gas storage utilization and price patterns at three major European trading points. Using two indirect tests developed by (Fama and French, 1987) and (Fama and French, 1988) that are applied in other commodity markets, we impose the no arbitrage condition to model the efficiency of the natural gas market. The results ...
In:
Energy Policy
37 (2009), 12, S. 5432-5439
| Marcus Stronzik, Margarethe Rammerstorfer, Anne Neumann
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Refereed essays Web of Science
Immigrants are much less likely to own their homes than natives, even after controlling for a broad range of life-cycle and socioeconomic characteristics and housing market conditions. This paper extends the analysis of immigrant housing tenure choice by explicitly accounting for ethnic identity as a potential influence on the homeowner-ship decision, using a two-dimensional composite index of ethnic ...
In:
Urban Studies
46 (2009), 9, S. 1879-1898
| Amelie Constant, Rowan Roberts, Klaus F. Zimmermann
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Refereed essays Web of Science
This article extends previous research about the determinants of reservation wages by analysing the effect of progressive income taxation on the ratio between reservation and net market wages. Based on micro data for Germany Socio-Economic-Panel (SOEP) we show that joint income taxation in Germany which discriminates by marital status, has a strong and highly significant impact on the reservation/market ...
In:
Applied Economics Letters
16 (2009), 9, S. 877-883
| Marco Caliendo, Ludovica Gambaro, Peter Haan
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Refereed essays Web of Science
This paper analyzes the inequality and determinants of flexibility in smallholder land access in post-war northern Mozambique. This paper demonstrates that high land endowments in aggregate do not imply equal access to cultivated or fallow land at the household level, even if land access has some flexibility across time. A formal test establishes the low extent of flexibility in land access at the ...
In:
World Development
37 (2009), 8, S. 1379-1389
| Tilman Brück, Kati Schindler