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Die Deutsche Gesellschaft für Epidemiologie warnte, dass die Zahl der COVID-19-Fälle schon bald die Kapazität des Gesundheitssystems übersteigen könnte. In Deutschland und weltweit droht eine schwere Rezession aufgrund eines externen Schocks. Mögliche Szenarien zur Bekämpfung der Krise zeigen, dass drastische Maßnahmen zur Eindämmung des Virus die beste Lösung für die Krise bleiben. Die Entwicklungen ...
In:
Wirtschaftsdienst
100 (2020), 4, S. 266–271
| Jan Philipp Fritsche, Patrick Christian Harms
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Refereed essays Web of Science
In contrast to international trade, it is still difficult to find regionaltrade statistics within a nation. Given that the gravity model con-tinues to be very popular, we test two gravity-RAS approaches usedfor interregional trade estimation: a standard one and an extendedversion, which additionally estimates intra-regional flows. We assessthe accuracy with the help of two measures and for different ...
In:
Economic Systems Research
32 (2020), 4, S. 521–539
| Julio G. Fournier Gabela
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Refereed essays Web of Science
We present an ex-post analysis of the effects of GDF's acquisition of Suez in 2006, which created one of the world's largest energy companies. We perform a series of econometric analyses on the market for trading at the Zeebrugge gas hub in Belgium. Removing barriers to entry and facilitating access to the hub through ownership unbundling were an important part of the objectives of the remedies imposed ...
In:
The Energy Journal
42 (2021), 6, S. 199-228
| Elena Argentesi, Albert Banal-Estañol, Jo Seldeslachts
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Refereed essays Web of Science
This paper presents a broad retrospective evaluation of mergers and merger decisions in markets dominated by multisided digital platforms. First, we document almost 300 acquisitions carried out by three major tech companies—Amazon, Facebook, and Google—between 2008 and 2018. We cluster target companies on their area of economic activity providing suggestive evidence on the strategies behind these mergers. ...
In:
Journal of Competition Law & Economics
17 (2020), 1, S. 95-140
| Elena Argentesi, Paolo Buccirossi, Emilio Calvano, Tomaso Duso, Alessia Marrazzo, Salvatore Nava
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Refereed essays Web of Science
Subjective well-being is often characterized by average stability across old age, but individual differencesare substantial and not yet fully understood. This study targets physical and cognitive health andpersonality as individual difference characteristics and examines their unique and interactive roles forlevel and change in a number of different facets of subjective well-being. We make use of medicaldiagnoses, ...
In:
Psychology and Aging
35 (2020), 6, S. 894-909
| Sophie Potter, Johanna Drewelies, Jenny Wagner, Sandra Duezel, Annette Brose, Ilja Demuth, Elisabeth Steinhagen-Thiessen, Ulman Lindenberger, Gert G. Wagner, Denis Gerstorf
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From a political economy perspective, politicians often fail to imple-ment structural reforms. In this contribution we investigate if the resistance toreform is based on the differences in the risk preferences of voters, politicians,and bureaucrats. Based on three surveys among the German electorate, 175members of the Federal German Parliament and 106 officials from Germanministries, this is not the ...
In:
Review of Economics
68 (2017), 3,
| Tobias Thomas, Moritz Heß, Gert G. Wagner
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Refereed essays Web of Science
In this study, Bayesian inference is developed for structural vector autoregressive models in which the structural parameters are identified via Markov-switching heteroskedasticity. In such a model, restrictions that are just-identifying in the homoskedastic case, become over-identifying and can be tested. A set of parametric restrictions is derived under which the structural matrix is globally or ...
In:
Journal of Economic Dynamics & Control
113 (2020), 103862
| Helmut Lütkepohl, Tomasz Wozniak
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Refereed essays Web of Science
Methods for constructing joint confidence bands for impulse response functions which are commonly used in vector autoregressive analysis are reviewed. While considering separate intervals for each horizon individually still seems to be the most common approach, a substantial number of methods have been proposed for making joint inferences about the complete impulse response paths up to a given horizon. ...
In:
Econometrics and Statistics
13 (2020), S. 69-83
| Helmut Lütkepohl, Anna Staszewska-Bystrova, Peter Winker
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Refereed essays Web of Science
Prenatal androgens have organizational effects on brain and endocrine system development, which may have a partial impact on economic decisions. Numerous studies have investigated the relationship between prenatal testosterone and financial risk taking, yet results remain inconclusive. We suspect that this is due to difficulty in capturing risk preferences with expected utility based tasks. Prospect ...
In:
Journal of Risk and Uncertainty
60 (2020), 1, S. 29–51
| Levent Neyse, Ferdinand M. Vieider, Patrick Ring, Catharina Probst, Christian Kaernbach, Thilo van Eimeren, Ulrich Schmidt
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Refereed essays Web of Science
AbstractMost studies have treated grandiose narcissism as a unidimensional construct and investigated its associations in cross-sectional convenience samples. The present research systematically addresses these limitations by investigating the associations of agentic and antagonistic aspects of narcissism in the interpersonal, intrapersonal, and institutional domains, cross-sectionally and longitudinally ...
In:
Collabra: Psychology
5 (2019), 1, Art. 26, 15 S.
| Marius Leckelt, David Richter, Eunike Wetzel, Mitja D. Back
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Refereed essays Web of Science
We introduce a selection model‐based multilevel imputation approach to be used within the fully conditional specification framework for multiple imputation. Concretely, we apply a censored bivariate probit model to describe binary variables assumed to be missing not at random. The first equation of the model defines the regression model for the missing data mechanism. The second equation specifies ...
In:
Journal of the Royal Statistical Society / Series C
69 (2020), 3, S. 547–564
| Angelina Hammon, Sabine Zinn
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Refereed essays Web of Science
Most policy instruments to reduce greenhouse gas (GHG) emissions have focused on producers, and on the energy efficiency of buildings, vehicles and other products. Behavioural changes related to climate change also impact ‘in-use’ emissions, and potentially, emissions both ‘upstream’ (including from imported goods) and ‘downstream’ (eg disposal). Consumption-oriented policies may provide avenues to ...
In:
Climate Policy
20 (2020), Suppl. 1, S. S58–S73
| Michael Grubb, Doug Crawford-Brown, Karsten Neuhoff, Karin Schanes, Sonja Hawkins, Alexandra Poncia
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This article documents the number of target persons participating in the panel surveys of the National Educational Panel Study (NEPS) as well as the number of respondents who temporarily dropout and of those leaving the panel (attrition). NEPS comprises panel surveys with six mutually exclusive starting cohorts covering the complete life span. Sample sizes, numbers of participants and temporary as ...
In:
AStA Wirtschafts- und Sozialstatistisches Archiv
(2020), 14, S. 163–206
| Sabine Zinn, Ariane Würbach, Hans Walter Steinhauer, Angelina Hammon
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Refereed essays Web of Science
Increasing nonresponse rates is a pressing issue for many longitudinal panel studies. Respondents frequently either refuse participation in single survey waves (temporary dropout) or discontinue participation altogether (permanent dropout). Contemporary statistical methods that are used to elucidate predictors of survey nonresponse are typically limited to small variable sets and ignore complex interaction ...
In:
Social Science Computer Review
40 (2022), 3, S. 678–699
| Sabine Zinn, Timo Gnambs
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Refereed essays Web of Science
Using electricity for heating can contribute to decarbonization and provide flexibility to integrate variable re-newable energy. We analyze the case of electric storage heaters in German 2030 scenarios with an open-sourceelectricity sector model. We find that flexible electric heaters generally increase the use of generation tech-nologies with low variable costs, which are not necessarily renewables. ...
In:
Applied Energy
266 (2020), 114571, 18 S.
| Wolf-PeterSchill, AlexanderZerrahn
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Refereed essays Web of Science
Despite considerable variation in gender-role attitudes across contexts and its claimed influence on female labour supply, studies provide little support for a contextual gender-role attitude effect. In this study, we reassess the contextual gender-role attitude effect on female labour supply because earlier studies are hampered by two shortcomings: (a) they are cross-nationally comparative, which ...
In:
European Sociological Review
35 (2019), 5, S. 669–683
| Wilfred Uunk, Philipp M. Lersch
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Refereed essays Web of Science
Background: Residential relocations of couple households are associated with increases in objective gender inequality within families in paid and unpaid work. Little is known about how couples’ relocations affect subjective outcomes such as attitudes.Objective: We examine whether gender role attitudes change when families move residentially in Britain, empirically addressing potential explanations. ...
In:
Demographic Research
40 (2019), Art. 39, S. 1111–1152
| Sergi Vidal, Philipp M.Lersch
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Refereed essays Web of Science
As more and more countries consider expanding public childcare provision, it is important to have a comprehensive understanding of its implications for families. This article adds to the existing literature by investigating the effect of publicly funded childcare on parental subjective well-being. To establish causality, I exploit cut-off rules introduced following the implementation of a legal claim ...
In:
European Journal of Population
36 (2020), 2, S. 171-196
| Sophia Schmitz
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Refereed essays Web of Science
In contrast to the assumptions of standard economic theory, recent experimental evi-dence shows that the income of peers has a systematic impact on observed degrees of risk aversion. This paper reports the findings of two experiments examining the impact of income inequality on risk preferences and whether the knowledge of inequality mediates the decisions. In Experiment 1, participants who were recruited ...
In:
Theory and Decision
87 (2019), 3, S. 283–297
| Ulrich Schmidt, Levent Neyse, Milda Aleknonyte
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Nach Ansicht der führenden deutschen Wirtschaftsforschungsinstitute bricht die Konjunktur in Deutschland als Folge der Corona-Pandemie drastisch ein. Um die Infektionswelle abzubremsen, hat der Staat die wirtschaftliche Aktivität hierzulande stark eingeschränkt. Deshalb dürfte das Bruttoinlandsprodukt 2020 um 4,2 % schrumpfen. Die Rezession hinterlässt deutliche Spuren auf dem Arbeitsmarkt und im Staatshaushalt. ...
In:
Wirtschaftsdienst
100 (2020), 4, S. 254–258
| Oliver Holtemöller, Stefan Kooths, Claus Michelsen, Torsten Schmidt, Timo Wollmershäuser