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311 results, from 131
  • DIW Weekly Report 48 / 2018

    Social Sustainability Labels: Promises and Reality in the Example of Fairtrade-Coffee

    Fairtrade certification is intended to improve both the income and living conditions of producers, thereby creating more fairness in international trade. However, theoretical considerations and empirical studies show that this goal is only achieved to a limited extent, at least for coffee: Faitrade certification leads at best to small increases in income for coffee farmers. The results on the reduction ...

    2018| Pio Baake, Jana Friedrichsen, Helene Naegele
  • Externe Monographien

    Signals Sell: Product Lines when Consumers Differ Both in Taste for Quality and Image Concern

    This paper analyzes optimal product lines when consumers differ both in their taste for, quality and in their desire for social image. The market outcome features partial pooling and, product differentiation that is not driven by heterogeneous valuations for quality but by image, concerns. A typical monopoly outcome is a two-tier product line resembling a “masstige”, strategy as observed in luxury ...

    Munich, Germany: Collaborative Research Center Transregio 190, 2018, 36 S. : Anh.
    (Discussion Paper / Rationality & Competition, CRC TRR 190 ; 70)
    | Jana Friedrichsen
  • Refereed essays Web of Science

    Financial Literacy and Financial Behavior: Evidence from the Emerging Asian Middle Class

    This paper analyses financial literacy and financial behavior of middle class people living an urban Asian economy. Other than most papers on financial literacy that focus on people in developed countries, we surveyed people living Bangkok. Using standard financial literacy questions, we find that financial literacy levels are largely comparable to industrialized countries, but understanding of more ...

    In: Pacific-Basin Finance Journal 48 (2018), S. 129-143 | Antonia Grohmann
  • Diskussionspapiere 1720 / 2018

    Financial Literacy and Intra-Household Decision Making: Evidence from Rwanda

    Despite considerable policy efforts, women continue to be underrepresented in positions of power and decision making. As an important aspect of women empowerment, we examine women’s participation in intrahousehold financial decision making and how this is affected by financial literacy. Using both OLS and IV regression analysis, we show that women with higher financial literacy are more involved in ...

    2018| Antonia Grohmann, Annekathrin Schoofs
  • Externe Monographien

    Who Cares about Social Image?

    This paper experimentally investigates how concerns for social approval relate to intrinsic motivations to purchase ethically. Participants state their willingness-to-pay for both a fair trade and a conventional chocolate bar in private or publicly. A standard model of social image predicts that all participants increase their fair trade premium when facing an audience. We find that the premium is ...

    Munich, Germany: Collaborative Research Center Transregio 190, 2018, 49 S.
    (Discussion paper / Rationality & Competition, CRC TRR 190 ; 61)
    | Dirk Engelmann, Jana Friedrichsen
  • Externe Monographien

    Fairness in Markets and Market Experiments

    Whether pro-social preferences identified in economic laboratories survive in natural market contexts is an important and contested issue. We investigate how fairness in a laboratory experiment framed explicitly as a market exchange relates to preferences for fair trade products before and after the market experiment. We find that the willingness to buy at a higher price when higher wages are paid ...

    Munich, Germany: Collaborative Research Center Transregio 190, 2018, 41 S.
    (Discussion paper / Rationality & Competition, CRC TRR 190 ; 64)
    | Dirk Engelmann, Jana Friedrichsen, Dorothea Kübler
  • DIW Weekly Report 13/14 / 2018

    Household Consumption and Savings Rate Depend Strongly on Employment Status, Income, and Age

    On what and to what extent private households in Germany spend money varies significantly depending on employment status, income, and age. As this study based on the most current official sample survey of income and expenditure from 2013 shows, unemployed households on average spend over half of their income on basic needs such as living and food expenses while unemployed people living alone spend ...

    2018| Karl Brenke, Jan Pfannkuche
  • SOEPpapers 1007 / 2018

    Home Ownership and Monetary Policy Transmission

    We present empirical evidence on the heterogeneity in monetary policy transmission across countries with different home ownership rates. We use household-level data together with shocks to the policy rate identified from high-frequency data. We find that housing tenure reacts more strongly to unexpected changes in the policy rate in Germany and Switzerland –the OECD countries with the lowest home ownership ...

    2018| Winfried Koeniger, Marc-Antoine Ramelet
  • Refereed essays Web of Science

    Who Cares about Social Image?

    This paper experimentally investigates how concerns for social approval relate to intrinsic motivations to purchase ethically. Participants state their willingness-to-pay for both a fair trade and a conventional chocolate bar in private or publicly. A standard model of social image predicts that all participants increase their fair trade premium when facing an audience. We find that the premium is ...

    In: European Economic Review 110 (2018), S. 61-77 | Jana Friedrichsen, Dirk Engelmann
  • SOEPpapers 977 / 2018

    Drivers of Renewable Technology Adoption in the Household Sector

    Using representative household survey panel data from Germany, we undertake a simultaneous assessment of the importance of factors that have individually been found significant for the adoption of renewable energy systems but have never been tested jointly. These are sociodemographic and housing characteristics, environmental concern, personality traits, and economic factors, i.e. the expected costs ...

    2018| Anke Jacksohn, Peter Grösche, Katrin Rehdanz, Carsten Schröder
311 results, from 131
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