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Refereed essays Web of Science
In recent years, almost all children below school age in Western industrialized countries have some experience of attending day care institutions. However, the age at which children enter day care and therefore the overall time spent in day care varies substantially. We investigate the potential impact of later day care entry on the social and emotional behaviour of children, one important aspect of ...
In:
CESifo Economic Studies
62 (2016), 4, S. 725-751
| Frauke H. Peter, Pia S. Schober, C. Katharina Spieß
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Refereed essays Web of Science
Breaches of the security of personal data collected by firms are reported almost daily. Companies are under an increasing political pressure to notify individuals whose privacy as been breached. At the moment, we know virtually nothing about the behavioral impact of data breach notifications. We present the results of an experimental study designed to investigate how breach notifications change the ...
In:
Journal of Economic Behavior & Organization
123 (2016), S. 138-148
| Nicola Jentzsch, Caterina Giannetti, Francesco Feri
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Refereed essays Web of Science
In this note, we use data from different elections in the German state of North-Rhine Westphalia between 1975 and 2010 to show that the Conservatives profit from lower voter turnout at the expense of the Social Democrats. We deal with the endogeneity of voter turnout by using election day rain as an instrumental variable. Our particular contribution is the comparison of municipal and state electio ...
In:
Electoral Studies
41 (2016), S. 213-224
| Felix Arnold, Ronny Freier
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Refereed essays Web of Science
This paper studies the importance of politicians’ qualification, in terms of education and experience, for fiscal outcomes. The analysis is based on a large panel for 2031 German municipalities for which we have collected information on municipal budgets as well as the election results and qualification levels of mayoral candidates. We principally use a regression discontinuity design focusing on close ...
In:
International Tax and Public Finance
23 (2016), 5, S. 875-910
| Ronny Freier, Sebastian Thomasius
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Refereed essays Web of Science
When there are more than two parties, policy outcomes are typically the result of a bargaining process. We investigate whether changes in political power for various parties have an effect on tax policies. We use an instrumental variable approach where close elections provide the exogenous variation in our variable of interest: voting power. In order to isolate close elections in a proportional election ...
In:
European Economic Review
80 (2015), S. 310-328
| Ronny Freier, Christian Odendahl
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Refereed essays Web of Science
Since the onset of the economic reforms more than three decades ago, the Chinese growth miracle has been based on exports and investment. While strong output growth was maintained even during the financial crisis, imbalances within the country increased. To return to a more sustainable development path, recent government policies have aimed to improve the role of private consumption. This article argues ...
In:
Development and Change
46 (2015), 6, S. 1331-1344
| Christian Dreger, Tongsan Wang, Yanqun Zhang
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Refereed essays Web of Science
We apply a structural model of mothers’ labor supply and child care choices to evaluate the effects of two child care reforms in Germany that were introduced simultaneously. A legal claim to subsidized child care became effective for children aged 1 year or older. Moreover, a new child care allowance (‘Betreuungsgeld’) came into effect. It is granted to families who do not use publicly subsidized child ...
In:
CESifo Economic Studies
62 (2016), 4, S. 672-698
| Kai-Uwe Müller, Katharina Wrohlich
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Weitere referierte Aufsätze
A standard argument against specialised administrative courts in the tradition of civil law jurisdictions is their lack of independence. They are perceived to be ineffective in restraining the government’s interference with private rights, therefore failing to secure strong judicial independence. In this paper, we use a dataset of 365 medical malpractice cases decided by the Spanish Supreme Court in ...
In:
Journal of European Tort Law
(2015) 6, S. 241-259
| Sofia Amaral-Garcia, Nuno Garoupa
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Refereed essays Web of Science
Nonparametric efficiency analysis has become a widely applied technique to support industrial benchmarking as well as a variety of incentive-based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the correct specifications of inputs and outputs. Simar and Wilson (Commun Stat Simul Comput 30(1):159–184, 2001) and Schubert and Simar (J Prod Anal 36(1):55–69, ...
In:
Journal of Productivity Analysis
45 (2016), 1, S. 35-51
| Anne Neumann, Maria Nieswand, Torben Schubert
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Refereed essays Web of Science
Motivated by the lack of literature linking actual to perceived relative deprivation, this paper assesses the role of visibility in goods and assets vis-à-vis income behind perceptions of relative deprivation. We rely on household survey data that include unique information on reported perceived deprivation with a pre-specified reference group, namely others in the same town or village. Based on a ...
In:
Social Indicators Research
124 (2015), 3, S. 765-783
| Veronika Bertram-Hümmer, Ghassan Baliki
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Refereed essays Web of Science
This article provides an introduction to the European Union (EU) Emissions Trading System (ETS). First we describe the legislative development of the EU ETS, its evolution from free allocation to auctioning and centralized allocation rules, its relationship to the Kyoto Protocol and other trading systems, and its relationship to other EU climate and energy policies. This is followed by an assessment ...
In:
Review of Environmental Economics and Policy
10 (2016), 1, S. 89-107
| Denny Ellerman, Claudio Marcantonini, Aleksandar Zaklan
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Refereed essays Web of Science
This paper investigates the mechanisms behind the health effects of retirement. Using a Regression Discontinuity Design to exploit financial incentives in the German pension system for identification, I find that retirement improves subjective health status and mental health, while also reducing outpatient care utilization. I explore a wide range of health behaviors, time use, and effect heterogeneity ...
In:
Journal of Health Economics
43 (2015), S. 1-12
| Peter Eibich
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Refereed essays Web of Science
In this paper, we develop a model to analyze the economics of carbon capture, transport, and storage (CCTS) in the wake of expected rising CO2 prices. We present a scalable mixed integer, multiperiod, welfare-optimizing network model for Europe, called CCTS-Mod. The model incorporates endogenous decisions on carbon capture, pipeline and storage investments, as well as capture, flow and injection quantities ...
In:
Environmental Modeling and Assessment
19 (2014), 6, S. 515-531
| Pao-Yu Oei, Johannes Herold, Roman Mendelevitch
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Refereed essays Web of Science
This paper argues that the development of energy systems rests on a combination of three different domains of socio-economic processes and associated modes of decision-making. For shorthand these are termed ‘satisficing’, ‘optimising’, and ‘transforming’ domains, with corresponding underpinnings found in behavioural, neoclassical, and evolutionary economics respectively. Each domain operates at different ...
In:
Technological Forecasting & Social Change
98 (2015), S. 290-302
| Michael Grubb, Jean-Charles Hourcade, Karsten Neuhoff
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Refereed essays Web of Science
Foundational to management is the idea that organizational decisions are a function of expected outcomes; hence, the customary empirical approach to employ multivariate techniques that regress performance outcome variables on discrete measures of organizational choices (e.g., investments, trainings, strategies and other managerial decision variables) potentially suffer from self-selection based endogeneity ...
In:
Organizational Research Methods
19 (2016), 2, S. 286-347
| Joseph A. Clougherty, Tomaso Duso, Johannes Muck
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Refereed essays Web of Science
While MNEs from emerging markets — and China in particular — tend to pay high acquisition premiums when they engage in cross-border acquisition activity, the determinants of this overbidding are not completely understood. We argue that state ownership is a key factor in explaining the high acquisition premiums paid by emerging-market multinationals. Employing data on 450 Chinese outward cross-border ...
In:
Long Range Planning
49 (2016), 5, S. 614-631
| Wenxin Guo, Joseph A. Clougherty, Tomaso Duso
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Weitere referierte Aufsätze
Die Fakten und Analysen zur Bedeutung der Industrie im internationalen Vergleich weisen eher nicht auf eine verallgemeinerbare Antwort auf die Frage hin, wie viel Industrie eine Volkswirtschaft braucht. Die angemessene oder – wenn man so will – optimale Bedeutung der Industrie lässt sich nur unter den spezifischen sektoralen und historischen Bedingungen eines Landes plausibilisieren. So dürfte die ...
In:
WSI-Mitteilungen
68 (2015), 7, S. 500-506
| Martin Gornig
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Refereed essays Web of Science
We provide an in-depth theoretical discussion about the differences between individual-specific latent constructs (representing attitudes, for example, but also other characteristics such as values or personality traits) and alternative-specific latent constructs (that may represent perceptions) affecting the choice-making process of individuals; we also carry out an empirical exercise to analyze their ...
In:
Transportation : Planning, Policy, Research, Practice
44 (2017), 3, S. 475-493
| Francisco J. Bahamonde-Birke, Uwe Kunert, Heike Link, Juan de Dios Ortúzar
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Refereed essays Web of Science
This article employs a simple model to describe bidding behavior in multi-unit uniform price procurement auctions when firms are capacity constrained. Using data from the New York City procurement auctions for power generating capacity, I find that firms use simple bidding strategies to coordinate on an equilibrium that extracts high rents for all bidders. I show theoretically and empirically that ...
In:
Rand Journal of Economics
46 (2015), 4, S. 730-750
| Sebastian Schwenen
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Refereed essays Web of Science
Spatial heterogeneity and spatial dependence are two well established aspects of house price developments. However, the analysis of differences in spatial dependence across time and space has not gained much attention yet. This paper jointly analyses these three aspects of spatial data. A panel smooth transition regression model is applied that allows for heterogeneity across time and space in spatial ...
In:
Urban Studies
54 (2017), 2, S. 466-481
| Katharina Pijnenburg