Linkages between banks and insurance companies are important when forecasting the fragility of the banking and insurance sectors. We propose a novel empirical framework that allows us to estimate unobserved linkages in panel data sets that contains observed regressors. We find that taking unobserved common factors into account reduces the root mean square forecasts error of firm specific forecasts...
Kerstin Bernoth, Andreas Pick
Frankfurt am Main,
11.06.2010
| Research Seminar: Deutsche Bundesbank
Previous attempts at understanding the role of industrialization on son preference are confounded by the endogeneity of the industrialization process. This paper exploits an exogenous shift in the trade policy in India to study the impact of industrialization on son preference. Using a difference-in-differences strategy, I find that households are more likely to have a male child in regions with...
Tanika Chakraborty
Essen,
10.06.2010
- 12.06.2010| 24th Annual Conference of the European Society for Population Economics (ESPE)
This paper analyzes the reservation wages of first and second generation migrants in Germany. Based on recently collected and rich survey data of a representative sample of entrants into unemployment, we empirically test and confirm the hypothesis that reservation wages increase from first to second generation migrants, other things equal. If the wage offer distribution is unknown, the reservation...
Amelie Constant, Annabelle Krause, Ulf Rinne, Klaus F. Zimmermann
Essen,
10.06.2010
- 12.06.2010| 24th Annual Conference of the European Society for Population Economics (ESPE)
We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based on data from the German Socio-Economic Panel (GSOEP), we compare total individual income of permanent adult residents, including retirees and the unemployed, of East and West Germany over the fifteen years for which data are available. Using a fixed effects vector decomposition...
Heiko Peters, Tilman Brück
Essen,
10.06.2010
- 12.06.2010| 24th Annual Conference of the European Society for Population Economics (ESPE)
This paper investigates the short-term effects of public smoking bans on individual smoking behavior. In 2007 and 2008, state-level smoking bans were gradually introduced in all of Germany's sixteen federal states. We exploit this variation in the timing of state bans to identify the effect that smoke-free policies had on individuals' smoking propensity and smoking intensity. Using rich...
Thomas Siedler, Silke Anger, Michael Kvasnicka
Essen,
10.06.2010
- 12.06.2010| 24th Annual Conference of the European Society for Population Economics (ESPE)
In 1999, in Germany, the statutory sick pay level was increased from 80 to 100 percent of foregone earnings for sickness episodes of up to six weeks. We show that this reform has led to an increase in average absence days of about 10 percent or one additional day per employee, per year. The estimates are based on SOEP survey data and parametric, nonparametric, and combined matching-regression...
Nicolas R. Ziebarth, Martin Karlsson
Essen,
10.06.2010
- 12.06.2010| 24th Annual Conference of the European Society for Population Economics (ESPE)
Heike Belitz, Martin Gornig, Alexander Schiersch
Reus, Spanien,
09.06.2010
- 11.06.2010| EUNIP 2010: European Network on Industrial Policy International Conference
Tilman Brück
Lissabon, Portugal,
07.06.2010
- 08.06.2010| The Behavioural and Cultural Foundations and Consequences of Violence: Workshop at the Institute of Social Sciences at the University of Lisbon
Damir Esenaliev, Susan Steiner
Bishkek, Kirgisistan,
07.06.2010
- 09.06.2010| Between Europe and the Orient - A Focus on Research and Higher Education in/on Central Asia: International Symposium