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  • Refereed essays Web of Science

    Operative und strategische Elemente einer leistungsfähigen Forschungsdateninfrastruktur in den Sozial- und Wirtschaftswissenschaften

    Dieser Beitrag skizziert vor dem Hintergrund der Diskussionen um den Aufbau einer nationalen Forschungsdateninfrastruktur (NFDI) in Deutschland die Arbeitsweise und Merkmale des Rats für Sozial- und Wirtschaftsdaten (RatSWD). Im Mittelpunkt stehen die zwei zentralen Merkmale des RatSWD als unabhängiges Beratungsgremium von Datenproduzenten und wissenschaftlichen Datennutzenden einerseits und als organisatorischer ...

    In: Jahrbücher für Nationalökonomie und Statistik 238 (2018), 6, S. 571-590 | Mathias Bug, Stefan Liebig, Claudia Oellers, Regina T. Riphahn
  • Refereed essays Web of Science

    Overlapping Political Budget Cycles

    We advance the literature on political budget cycles by testing for cycles in expenditures for elections to the legislative and the executive branches. Using municipal data, we identify cycles independently for the two branches, evaluate the effects of overlaps, and account for general year effects. We find sizable effects on expenditures before legislative elections and even larger effects before ...

    In: Public Choice 177 82018), 1-2, S. 1-27 | Dirk Foremny, Ronny Freier, Marc-Daniel Moessinger, Mustafa Yeter
  • Refereed essays Web of Science

    Business Cycles and Start-Ups across Industries: An Empirical Analysis of German Regions

    We analyze whether start-up rates in different industries systematically change with business cycle variables. Using a unique data set at the industry level, we mostly find correlations that are consistent with counter-cyclical influences of the business cycle on entries in both innovative and non-innovative industries. Entries into the large-scale industries, including the innovative part of manufacturing, ...

    In: Journal of Business Venturing 33 (2018), 6, S. 742-761 | Alexander Konon, Michael Fritsch, Alexander S. Kritikos
  • Refereed essays Web of Science

    Violence and Risk Preference: Experimental Evidence from Afghanistan: Comment

    In this comment on Callen et al. (2014), I revisit recent evidence uncovering a "preference for certainty" in violation of dominant normative and descriptive theories of decision-making under risk. I show that the empirical findings are potentially confounded by systematic noise. I then develop choice lists that allow me to disentangle these different explanations. Experimental results obtained with ...

    In: The American Economic Review 108 (2018), 8, S. 2366-2382 | Ferdinand Vieider
  • Refereed essays Web of Science

    Gene Discovery and Polygenic Prediction from a Genome-Wide Association Study of Educational Attainment in 1.1 Million Individuals

    Here we conducted a large-scale genetic association analysis of educational attainment in a sample of approximately 1.1 million individuals and identify 1,271 independent genome-wide-significant SNPs. For the SNPs taken together, we found evidence of heterogeneous effects across environments. The SNPs implicate genes involved in brain-development processes and neuron-to-neuron communication. In a separate ...

    In: Nature Genetics 50 (2018), S. 1112-1121 | James J. Lee, Robbee Wedow, Martin Kroh ...
  • Refereed essays Web of Science

    The Relation between Monetary Policy and the Stock Market in Europe

    We use a cointegrated structural vector autoregressive model to investigate the relation between monetary policy in the euro area and the stock market. Since there may be an instantaneous causal relation, we consider long-run identifying restrictions for the structural shocks and also used (conditional) heteroscedasticity in the residuals for identification purposes. Heteroscedasticity is modelled ...

    In: Econometrics 6 (2018), 3, 36 (14 S.) | Helmut Lütkepohl, Aleksei Netšunajev
  • Refereed essays Web of Science

    Do Regional Trade Agreements Stimulate FDI? Evidence for the Agadir, MERCOSUR and AFTA Regions

    The integration of emerging markets into the global economy is heavily promoted by foreign direct investment (FDI) inflows. Among the factors explaining the location of FDI, regional trade agreements (RTAs) can be relevant for emerging markets, as they can promote economic integration and increase the attractiveness of the region for foreign investors. This paper investigates the impact of South–South ...

    In: Review of Development Economics 22 (2018), 3, S. 1263-1277 | Mondher Cherif, Christian Dreger
  • Refereed essays Web of Science

    The Entitlement Effect in the Ultimatum Game - Does it Even Exist?

    Since the seminal paper of Hoffman et al. (1994), an entitlement effect is believed to exist in the Ultimatum Game, in the sense that proposers who have earned their role (as opposed to having it randomly allocated) offer a smaller share of the pie to their matched responder. The entitlement effect is at the core of experimental Public Choice – not just because it concerns the topics of bargaining ...

    In: Journal of Economic Behavior & Organization 175 (2020), S. 341-352 | Johanna Mollerstrom
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    Konsolidierungsprogramme der Länder für finanzschwache Kommunen: Eine Evaluierung kurzfristiger fiskalischer Effekte

    Viele Bundesländer haben nach der Finanz- und Wirtschaftskrise spezielle Konsolidierungsprogramme für finanzschwache Kommunen aufgelegt. Mit dem Programmstart zeigten sich bei den teilnehmenden Kommunen deutliche Verbesserungen bei den Finanzkennzahlen. Allerdings ergeben sich als Reaktion auf die Programme auch einige adverse Effekte. Das betrifft insbesondere eine unterdurchschnittliche Entwicklung ...

    In: Wirtschaftsdienst 98 (2018), 8, S. 592-599 | Florian Boettcher, Ronny Freier, René Geißler, Friederike-Sophie Niemann
  • Refereed essays Web of Science

    It's All About Gains: Risk Preferences in Problem Gambling

    Problem gambling is a serious socioeconomic problem involving high individual and social costs. In this article, we study risk preferences of problem gamblers including their risk attitudes in the gain and loss domains, their weighting of probabilities, and their degree of loss aversion. Our findings indicate that problem gamblers are systematically more risk taking and less sensitive toward changes ...

    In: Journal of Experimental Psychology : General 147 (2018), 8, S. 1241-1255 | Patrick Ring, Catharina C. Probst, Levent Neyse, Stephan Wolff, Christian Kaernbach, Thilo van Eimeren, Colin F. Camerer, Ulrich Schmidt
  • Refereed essays Web of Science

    Educational Inequality and Intergenerational Mobility in Latin America: A New Database

    The causes and consequences of the intergenerational persistence of inequality are a topic of great interest among various fields in economics. However, until now, issues of data availability have restricted a broader and cross-national perspective on the topic. Based on rich sets of harmonized household survey data, we contribute to filling this gap by computing time series for several indexes of ...

    In: Journal of Development Economics 134 (2018), S. 329-349 | Guido Neidhöfer, Joaquín Serrano, Leonardo Gasparini
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    Energiewende für die Modernisierung des Industriestandorts Deutschland nutzen

    Die Industrie ist ein Eckpfeiler des wirtschaftlichen Erfolgs Deutschlands. Ihre Investitionstätigkeit ist im internationalen Vergleich zurzeit allerdings schwach. Befürchtet wird, dass die Kosten der Energiewende die Wettbewerbsfähigkeit und damit die Attraktivität des Produktionsstandorts Deutschland einschränken. Die Antwort der Politik auf diesen vermeintlichen Zielkonflikt sind umfangreiche Ausnahmeregelungen, ...

    In: Wirtschaftsdienst 98 (2018), 8 S. 565–573 | Jürgen Blazejczak, Dietmar Edler, Martin Gornig, Claudia Kemfert
  • Refereed essays Web of Science

    How Far Reaches the Power of Personality? Personality Predictors of Terminal Decline in Well-Being

    Personality is a powerful predictor of central life outcomes, including subjective well-being. Yet, we still know little about how personality manifests in the very last years of life when well-being typically falls rapidly. Here, we investigate whether the Big Five personality traits buffer (or magnify) terminal decline in well-being beyond and in interaction with functioning in key physical and social ...

    In: Journal of Personality and Social Psychology 116 (2019), 4, S. 634-650 | Swantje Mueller, Jenny Wagner, Gert G. Wagner, Nilam Ram, Denis Gerstorf
  • Refereed essays Web of Science

    David and Goliath in the Poll Booth: Group Size, Political Power and Voter Turnout

    This article analyses how the presence of a dominant group of voters within the electorate affects voter turnout. Theoretically, we argue that its absolute size affects turnout via increased free-riding incentives and reduced social pressure to vote within a larger dominant group. Its relative size compared to other groups within the electorate influences turnout through instrumental and expressive ...

    In: Local Government Studies 45 (2019), 5, S. 724-747 | Peter Bönisch, Benny Geys, Claus Michelsen
  • Refereed essays Web of Science

    Age Differences in Intertemporal Choice: U-Shaped Associations in a Probability Sample of German Households

    To describe adult age differences in intertemporal choice, we analyzed data from 1,491 participants who completed an incentivized monetary intertemporal discounting choice task involving different conditions (e.g., time delay of 12 months vs. 1 month). Respondents completed a number of other survey measures including behavioral measures of cognitive ability and self-reports concerning health, financial ...

    In: Psychology and Aging 33 (2018) 5, S. 782-788 | David Richter, Rui Mata
  • Refereed essays Web of Science

    The Economic Cost of Subway Congestion: Estimates from Paris

    Related to the increased encouragement of public transport (PT) by policy-makers, over-crowding in PT has become a major issue worldwide. Whilst the impact of in-vehicle crowding on individuals' travel costs has been considered, we focus on aggregate welfare losses. We apply a Pigouvian framework to the case of subways and compute the economic cost of congestion (ECC). We combine data of the 14 metro ...

    In: Economics of Transportation 14 (2018), S. 1-8 | Luke Haywood, Martin Koning, Remy Prud'homme
  • Refereed essays Web of Science

    North American Natural Gas and Energy Markets in Transition: Insights from Global Models

    This modeling comparison exercise looks at the global consequences of increased shale gas production in the U.S. and increased gas demand from Asia. We find that differences in models' theoretical construct and assumptions can lead to divergences in their predictions about the consequences of U.S. shale gas boom. In general, models find that U.S. High Shale Gas scenario leads to increased U.S. production, ...

    In: Energy Economics 60 (2016), S. 405-415 | Sonia Yeh, Yiyong Cai, Daniel Huppman, Paul Bernstein, Sugandha Tuladhar, Hillard G. Huntington
  • Refereed essays Web of Science

    The Dominance of Introspective Measures and What This Implies: The Example of Environmental Attitude

    The behavioral sciences, including most of psychology, seek to explain and predict behavior with the help of theories and models that involve concepts (e.g., attitudes) that are subsequently translated into measures. Currently, some subdisciplines such as social psychology focus almost exclusively on measures that demand reflection or even introspection when administered to persons. We argue that such ...

    In: PloS one 13 (2018), 2, e0192907 | Siegmar Otto, Ulf Kröhne, David Richter
  • Refereed essays Web of Science

    Moving Home in the Early Years: What Happens to Children in the Uk?

    Children’s early years are a time when many families move home. Does residential mobility affect children’s wellbeing at age five in terms of cognitive and behavioural development? The question arises as moving home is sometimes portrayed as a stressful life event adversely affecting child development, particularly if frequent. Other studies suggest a more mixed role for home moves, which may reflect ...

    In: Longitudinal and Life Course Studies 7 (2018), 3, S. 265-287 | Ludovica Gambaro, Heather Joshi
  • Refereed essays Web of Science

    Replication Studies in Economics - How Many and Which Papers Are Chosen for Replication, and Why?

    We investigate how often replication studies are published in empirical economics and what types of journal articles are replicated. We find that between 1974 and 2014 0.1% of publications in the top 50 economics journals were replication studies. We consider the results of published formal replication studies (whether they are negating or reinforcing) and their extent: Narrow replication studies are ...

    In: Research Policy 48 (2019), 1, S. 62-83 | Frank Mueller-Langer, Benedikt Fecher, Dietmar Harhoff, Gert G. Wagner
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