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Does it matter who pays for ratings? Yes, but not for the rating agencies’ behavior. These are the findings of our experiment where we analyze the effect of the remuneration model of rating agencies on their assessments as well as on investors’ and issuers’ behavior. First, we find that rating agencies’ assessments are comparable whether the agency is (partially) paid by issuers, investors or solely ...
In:
German Economic Review
16 (2015), 3, 324-342
| Christoph Bühren, Marco Pleßner
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In order to analyze if heterogeneity in psychological traits affects individual performance in sequential tournaments, we conducted a tennis field experiment. In the experiment, we also varied the payment schemes (individual, team, competition) to control for moderating effects of different incentives. Team incentives, risk taking, and self-esteem reduced performance whereas a preference towards competition ...
Aachen, Gießen, Göttingen, Kassel, Marburg, Siegen:
RWTH Aachen, Justus-Liebig-Universität Gießen, Georg-August-Universität Göttingen, Universität Kassel, Philipps-Universität Marburg, Universität Siegen,
2017,
(Joint Discussion Paper Series in Economics No. 05-2017)
| Christoph Bühren, Philip J. Steinberg
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The focus of this paper is the size of the wage penalty due to maternal leave incurred by working mothers in Germany. Existing estimates suggest large penalties with little rebound over time. We apply recent panel data methods designed to address problems of sample selectivity, unobserved heterogeneity and endogeneity to German Socio-Economic Panel (GSOEP) data. Heckman's classic treatment of ...
In:
Oxford Economic Papers
61 (2009), Supplement 1, I35-I55
| Bianca Buligescu, Denis de Crombrugghe, Gülçin Mentesoglu, Raymond Montizaan
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Der Bericht der Bundesregierung zur Lebensqualität beschreibt in zwölf Dimensionen und mit 46 Indikatoren die Lebensqualität in Deutschland. Für die Auswahl der Dimensionen und Indikatoren waren die Ergebnisse eines halbjährigen konsultativen Bürgerdialogs maßgeblich. Zudem hat die Bundesregierung Erkenntnisse der Forschung zur Lebensqualität sowie nationale und internationale Referenzprojekte wie ...
Berlin:
Die Bundesregierung,
2016,
| Bundeskanzleramt (Hrsg.)
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Bonn:
Bundesministerium für Arbeit und Soziales,
2017,
| Bundesministerium für Arbeit und Soziales (Hrsg.)
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The vast majority of workers rate their professional occupations positively; only one in eight is unhappy with his or her job. This has been the case for the past 20 years. There is little difference in the degree of satisfaction between genders, workers in West Germany and East Germany, or among different age groups. Even the level of compensation and the nature of the work itself do not exert any ...
In:
DIW Economic Bulletin
5 (2015), 32/33, 429-436
| Karl Brenke
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As far as the share of individuals with a home office is concerned, Germany is below the EU average and lags considerably behind other countries such as France, the UK, or the Scandinavian countries. Only 12 percent of all employees in Germany work primarily or occasionally from home, although this would theoretically be possible in 40 percent of jobs. In most cases, an employee’s desire to work from ...
In:
DIW Economic Bulletin
6 (2016), 8, 95-104
| Karl Brenke
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For many years, only better-paid workers benefited from Germany’s real wage increases. In contrast, dependent employees with lower hourly wages suffered substantial losses, while the low-wage sector expanded. Around 2010, these trends came to an end. Now all wage groups benefit from wage increases—even if those in the middle of the distribution lag somewhat behind. At the very least, this new pattern ...
In:
DIW Economic Bulletin
7 (2017), 21, 205-214
| Karl Brenke, Alexander S. Kritikos
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In:
Weekly Report
2 (2006), 3, 23-31
| Karl Brenke, Gert G. Wagner
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In:
Weekly Report
1 (2005), 17, 213-220
| Karl Brenke, Klaus F. Zimmermann