Die vorliegende Untersuchung befaßt sich mit alternativen Verfahren zur Berücksichtigung von Einkommensvorteilen aus selbstgenutztem Wohneigentum ("lmputed Rent") und deren Einfluß auf individuelle Einkommen sowie die personelle Einkommensverteilung in Deutschland. Nach einer theoretischen Darstellung der Verfahren und ihrer jeweiligen Vor- und Nachteile werden diese mit Hilfe der Mikrodaten des Sozio-oekonomischen ...
In the Trade-Related Intellectual Property Rights (TRIPS) Agreement of GATT (1 January 1995) it was agreed to harmonise intellectual property rights (IPR) on an international level and to include the option for patent protection for all life forms such as plants and animals (Article 27 (3) b). Patenting, however, leads to considerable conflicts between international trade and protection of biological ...
Under the assumption of purely additive transaction costs in exchange, the literature on money has a standard example of direct exchange dominating indirect (monetary) exchange. From here, it is frequently concluded that subadditive costs (e. g., search costs) must be examined in order to explain the institution or origin of money. In contrast, this paper presents an additive transaction costs model ...
A simulation study designed to evaluate the pseudo-R2T proposed in an earlier paper by Spiess and Keller suggests that, for the models considered, this measure represents the goodness of fit not only of the systematic part, but also of the assumed correlation structure in binary panel probit models.
Theoretical models of employer learning suggest that an employee's education is an important signal to the employer initially. Over time, however, the returns to schooling should decrease with labor market experience and increase with initially unobserved ability, since the employer gradually obtains better information on the productivity of an employee. Replicating US studies using a large German ...
This paper provides an empirical analysis of the growing institutional divergence of systemic transformation in the countries of Eastern Europe and the former Soviet Union. Based upon the institutional theory of economic and legal systemic change, we empirically analyse reforms in a sector where the transformation process proved to be particularly tough: the energy sector. We test to what extent reforms ...
