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Refereed essays Web of Science
This paper is the first causal study using quasi-experimental methods to identify the effect of minimum wages on the reservation wages of non-workers. We exploit variation in regional exposure to the introduction of a high-impact minimum wage in Germany in 2015, combined with survey responses about wage acceptance thresholds of job seekers. Results show a 16% increase in reservation wages among non-employed ...
In:
Journal of Economic Behavior & Organization
183 (2021), S. 397–419
| Alexandra Fedorets, Cortney Shupe
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Refereed essays Web of Science
Coal consumption and production have sharply declined in recent years in the U.S., despite political support. Reasons are mostly unfavorable economic conditions for coal, including competition from natural gas and renewables in the power sector, as well as an aging coal-fired power plant fleet. Nevertheless, coal remains a major energy source in the North American energy markets. Supplementing EMF34 ...
In:
Energy Policy
149 (2021), 112097, 13 S.
| Christian Hauenstein, Franziska Holz
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Refereed essays Web of Science
We investigate how indicators of dissatisfaction—worries about a variety of life domains such as health, the state of the economy, and immigration—change across time and age in Germany based on Socio-Economic Panel (SOEP) data. As expected, contemporary world events influenced respondents’ worries. For example, worries about peace peaked in 2003, the year of the Iraq War; worries about both immigration ...
In:
Journal of Economic Behavior & Organization
181 (2021), S. 332-343
| Julia M. Rohrer, Martin Bruemmer, Jürgen Schupp, Gert G. Wagner
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Refereed essays Web of Science
We quantify the causal link between exchange rate movements and sovereign risk of 16 major emerging market economies (EMEs) by means of structural vector autoregressive models (SVARs) and conditional on data from 10/2004 through 12/2016. We apply a novel data-based identification approach of the structural shocks that allows to account for the complex interrelations within the triad of exchange rates, ...
In:
Journal of International Money and Finance
117 (2021), 102454
| Kerstin Bernoth, Helmut Herwatz
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Refereed essays Web of Science
This article studies housing rents in St. Petersburg from 1880 to 1917, covering an eventful period of Russian and world history. Digitizing over 5000 rental advertisements, we construct a state-of-the-art index – the first pre-war and pre-Soviet market data index for any Russian city. In 1915, a rent control and tenant protection policy was introduced in response to soaring prices following the outbreak ...
In:
Explorations in Economic History
81 (2021), 101398, 30 S.
| Konstantin A. Kholodilin, Leonid E. Limonov, Sofie R. Waltl
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Refereed essays Web of Science
Devising appropriate policy measures to integrate refugees is high on the agenda of many governments. This paper focuses on the integration of families seeking asylum in Germany between 2013 and 2016. Exploiting regional differences in early childhood education and care (ECEC) services and dispersal policies as exogenous sources of variation, as well as controlling for local level heterogeneity that ...
In:
Labour Economics
72 (2021), 102053, 15 S.
| Ludovica Gambaro, Guido Neidhöfer, C. Katharina Spiess
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Refereed essays Web of Science
Based on findings from high-income countries, typically economists hypothesize that having more children unambiguously decreases the time mothers spend in the labor market. Few studies on lower-income countries, in which low household wealth, informal child care, and informal employment opportunities prevail, find mixed results. Using Mexican census data, I do not find evidence for negative employment ...
In:
Labour Economics
72 (2021), 102048, 16 S.
| Julia Schmieder
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Refereed essays Web of Science
The rational expectations assumption, e.g. in life-cycle models and portfolio-choice models, prescribes that all actions are in line with a well-structured and unbiased system of expectations. In reality, justification and identification of expectations are nontrivial, and we lack empirical evidence especially for the long run. This paper starts to fill this gap and elicits short-run and long-run expectations ...
In:
Journal of Behavioral and Experimental Finance
31 (2021), 100535, 18 S.
| Christoph Breunig, Iuliia Grabova, Peter Haan, Felix Weinhardt, Georg Weizsäcker
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Refereed essays Web of Science
The relationship between urbanization, the brain, and human mental health is subject to intensive debate in the current scientific literature. Particularly, since mood and anxiety disorders as well as schizophrenia are known to be more frequent in urban compared to rural regions.Here, we investigated the association between cerebral signatures, mental health and land use indicators (Urban Fabric and ...
In:
Landscape and Urban Planning
214 (2021), 104196, 8 S.
| Simone Kühn, Sandra Düzel, Anna Mascherek, Peter Eibich, Christian Krekel, Jens Kolbe, Jan Goebel, Jürgen Gallinat, Gert G. Wagner, Ulman Lindenberger
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Refereed essays Web of Science
Purpose The study ‘Sex- and gender-sensitive prevention of cardiovascular and metabolic disease in older adults in Germany’, the GendAge study, focuses on major risk factors for cardiovascular and metabolic diseases and on the development of major outcomes from intermediate phenotypes in the context of sex and gender differences. It is based on a follow-up examination of a subsample (older group) of ...
In:
BMJ Open
11 (2021), e045576, 11 S.
| Ilja Demuth, Verena Banszerus, Johanna Drewelies, Sandra Düzel, Ute Seeland, Dominik Spira, Esther Tse, Julian Braun, Elisabeth Steinhagen-Thiessen, Lars Bertram, Andreas Thiel, Ulman Lindenberger, Vera Regitz-Zagrosek, Denis Gerstorf, Gert G. Wagner ...