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  • Refereed essays Web of Science

    Partial Identification of Structural Vector Autoregressions with Non-Centred Stochastic Volatility

    We consider structural vector autoregressions that are identified through stochastic volatility under Bayesian estimation. Three contributions emerge from our exercise. First, we show that a non-centred parameterization of stochastic volatility yields a marginal prior for the conditional variances of structural shocks that is centred on homoskedasticity, with strong shrinkage and heavy tails—unlike ...

    In: Journal of Econometrics (2026), 106107, im Ersch. [online first: 2025-10-09] | Helmut Lütkepohl, Fei Shang, Luis Uzeda, Tomasz Woźniak
  • Refereed essays Web of Science

    Cracking Under Pressure? Gender Role Attitudes Toward Maternal Employment during COVID-19 in Germany

    The COVID-19 pandemic posed unprecedented challenges to gender equality, particularly affecting working parents due to disruptions in daycare and school operations. It also impacted labor market opportunities for both men and women. This study investigates shifts in gender role attitudes toward maternal employment in Germany during pandemic lockdowns and subsequent periods of eased restrictions, using ...

    In: Feminist Economics 30 (2024), 3, S. 217–254 | Mathias Huebener, Natalia Danzer, Astrid Pape, Pia Schober, C. Katharina Spiess, Gert G. Wagner
  • Refereed essays Web of Science

    Disentangling Structural Change, Servitization, and Skill-Biased Change

    This paper analyzes three key labor market trends – structural change, servitization, and skill-biased change – using German data from 1975 to 2017. Through a decomposition analysis, we discern their individual impacts on employment shifts, revealing their distinct roles in the German labor market’s evolution. Servitization and skill-biased change significantly influence employment growth alongside ...

    In: Labour Economics 97 (2025), 102778, 16 S. | Dominik Boddin, Thilo Kroeger
  • Refereed essays Web of Science

    The Persuasiveness of Different Sources of Information on the Decision to Vaccinate: A Cross-Sectional Study in Germany During the Pandemic at the Turn of the Year 2021/2022

    Health information about vaccinations is communicated via various sources of information and is crucial for vaccination decisions. Information sources such as interpersonal sources, traditional print and digital media as well as social media offer information about the risks and benefits of vaccination. During health crises such as the COVID-19 pandemic was, some information sources provide hanging ...

    In: PloS one 20 (2025), 9, e0333268., 17 S. | Susanne Jordan, Sarah Jane Böttger, Sabine Zinn
  • Refereed essays Web of Science

    Composition of Core Modules and Item Allocation in Split Questionnaire Designs: Impact on Estimates from Imputed Data

    An increasing number of social science surveys use split questionnaire designs to reduce questionnaire length, presenting only a subset of several questionnaire modules to each respondent while leaving out others. This approach results in large amounts of planned missing data that necessitates imputation. Research shows that imputation is most effective when each module covers various topics. Yet, ...

    In: International Journal of Social Research Methodology (2026), im Ersch. [online first:2025-09-29] | Julian B. Axenfeld, Christian Bruch, Christof Wolf
  • Refereed essays Web of Science

    Impact of ESG Performance on the Cost of Capital in the Energy, Utilities, and Basic Materials Sectors

    This paper explores the presence of an environmental, social, and governance (ESG) premium for firms operating in the energy, utilities, and basic materials sectors. Specifically, we examine the influence of ESG performance on firms’ cost of capital in both debt and equity markets. We apply a measure of the ex ante implied cost of equity and the cost of debt to a global sample of over 24,000 firm-year ...

    In: Utilities Policy 97 (2025), 102016, 15 S. | Sindre Wilberg, Vibeke Kjellevoll, Franziska Holz, Anne Neumann
  • Refereed essays Web of Science

    The Impact of Private Hosting on the Integration of Ukrainian Refugees in Germany

    Amid the Ukrainian displacement crisis, private hosting of refugees in Europe has surged, yet its impact on integration remains understudied. This research examines the short- to medium-term effects of private hosting on Ukrainian refugee integration in Germany. Using data from one of the largest non-profit platforms that matches private hosts with refugees, we compare the multidimensional integration ...

    In: Nature Human Behaviour 9 (2025), S. 2249–2260 | Mathis Herpell, Moritz Marbach, Niklas Harder, Alexandra Orlova, Dominik Hangartner, Jens Hainmueller
  • Refereed essays Web of Science

    Stock Market Participation, Work from Home, and Inequality

    Stock market participation among working household heads jumped upwards in 2020 - in Germany by about 25 %. A major cause is the required use of work from home (WfH). We show this by adding WfH to a large set of explanatory variables. Moreover, we implement an instrumental variables estimation based on industry-specific levels of WfH-capacity. The transmission channels seem to work via increased available ...

    In: International Review of Financial Analysis 107 (2025), 104604, 12 S. | Lorenz Meister, Lukas Menkhoff, Carsten Schröder
  • Refereed essays Web of Science

    EU Power Market Reform Toward Locational Pricing: Rewarding Flexible Consumers for Resolving Transmission Constraints

    The ongoing expansion of wind and solar electricity generation alongside increasing electrification is leading to a considerable strain on transmission capacities and grid bottlenecks in the EU. Coping with this challenge requires increasing system flexibility, e.g. by exploiting the potential for demand-side flexibility. However, in the current market design, demand-side flexibility responds to zonal ...

    In: Energy Policy 207 (2025), 114808, 10 S. | Karsten Neuhoff, Franziska Klaucke, Luis Olmos, Lisa Ryan, Silvia Vitiello, Anthony Papavasiliou, Konstantin Staschus
  • Refereed essays Web of Science

    The Educational Wealth Divide in Europe: Post-Secondary Enrollment Gaps Across Parental Wealth Components and Countries

    Parental wealth is a crucial dimension of socioeconomic status (SES) and plays a significant role in the intergenerational transmission of educational advantage. Previous research on the topic has been limited to a small number of countries, and findings on the relationship between parental wealth and educational attainment are hardly comparable across institutional contexts. Furthermore, the specific ...

    In: Research in Social Stratification and Mobility 99 (2025), 101086, 13 S. | Andrea Pietrolucci, Jascha Dräger, Nora Müller, Marco Albertini
  • Refereed essays Web of Science

    Complementary Funding: How Location Links Crowdfunding and Venture Capital

    While Equity Crowdfunding (ECF) platforms are a virtual space for raising funds, geography remains relevant. To determine how location matters for entrepreneurs using equity crowdfunding (ECF), we analyze the spatial distribution of successful ECF campaigns and the spatial relationship between ECF campaigns and traditional investors, such as banks and venture capitalists (VCs). Using data from the ...

    In: Small Business Economics 65 (2025), 4, S. 2639–2661 | Torben Klarl, Alexander S. Kritikos, Knarik Poghosyan
  • Refereed essays Web of Science

    Mapping Life Satisfaction Over the First Years of Cohabitation Among Former Singles Living Alone in UK and Germany

    Objective: As social norms and relationship dynamics evolve, it is important to examine how transitions from singlehood to partnership, cohabitation, and marriage relate to well-being Method: Using data from two large panel studies in the UK and Germany (1984–2019), we identified N = 27,459 individuals who reported being single and living alone at least once. Analyses focused on a subset (N = 1103; ...

    In: Journal of Personality (2026), im Ersch. [online first: 2025-08-18] | Usama EL-Awad, Robert Eves, Justin Hachenberger, Theresa M. Entringer, Robin Goodwin, Anu Realo, Sakari Lemola
  • Refereed essays Web of Science

    Support for Everyone or Selection of Some? Self-Selection and Assignment Into a Large-Scale Refugee Mentoring Program in Germany

    Mentoring has become a popular support strategy for recently arrived immigrants and refugees, offering access to valuable information and resources. However, little is known about selection processes into mentoring programs—who chooses to enrol, who receives support, and whether these patterns are systematic. Such selection affects not only program evaluations but also broader issues of refugee integration ...

    In: European Sociological Review (2026), im Ersch. [online first: 2025-08-25] | Nicolas M. Legewie, Philipp Jaschke, Magdalena Krieger, Martin Kroh, Lea-Maria Löbel
  • Weitere referierte Aufsätze

    Wettbewerbspolitik und Industriepolitik unter einem Hut

    Handelskonflikte, geopolitische Spannungen, digitale Disruption und Klimakrise stellen Deutschland und Europa vor große Herausforderungen. Wie beispielsweise im Draghi-Bericht gefordert, können die Staaten in Reaktion darauf industriepolitische Maßnahmen ergreifen, um die Ökonomie neu auszurichten und damit die Wettbewerbsfähigkeit zu steigern und die Resilienz zu stärken. In diesem Beitrag weisen ...

    In: Perspektiven der Wirtschaftspolitik 26 (2025), 3, S. 323–343 | Tomaso Duso, Martin Peitz
  • Weitere referierte Aufsätze

    For a Strategic, European and Competition-Oriented Industrial Policy

    The competitiveness of German industry is under significant pressure. While politiciansacknowledge the need for change, their proposed solutions remain vague and lack a clearstrategic direction. Current approaches focus on tax relief, broad investment subsidies fordomestic firms or targeted cost reductions, such as lower electricity prices. While thesemeasures may improve production conditions, they ...

    In: Intereconomics 60 (2025), 4, S. 215-220 | Tomaso Duso, Martin Gornig, Alexander Schiersch
  • Refereed essays Web of Science

    Buyer Power and the Effect of Vertical Integration on Innovation

    Our article investigates the impact of vertical integration (without foreclosure) on innovation. We compare cases where either (i) two manufacturers or (ii) a manufacturer and a vertically integrated retailer invest. Then, the independent manufacturer(s) and the retailer bargain over nonlinear contracts before selling to consumers. We show that vertical integration always increases the incentives to ...

    In: Journal of Economics and Management Strategy (2026), im Ersch. [online first: 2025-08-12] | Claire Chambolle, Morgane Guignard
  • Refereed essays Web of Science

    Utilisation of Reactive Ionic Liquids for Energy Storage and Regulation of the Power Grid

    Chlorine is an essential feedstock for polymers and pharmaceuticals, with annual production exceeding 100 Mt. Nearly all Cl2 is obtained by chlor–alkali electrolysis, which consumes about 2.58 MWh of electricity per tonne. Renewable energies such as wind and solar would lower CO2 emissions, but electrolysers would then have to adopt to fluctuating, renewable energies while downstream processes still ...

    In: Green Chemistry 27 (2025), 33, S. 9874-9881 | Merlin Kleoff, Franziska Klaucke, Patrick Voßnacker, Rainer Weber, Karsten Neuhoff, Sebastian Riedel
  • Refereed essays Web of Science

    Effects of Changing the Incentive Strategy on Panel Performance: Experimental Evidence From a Probability-Based Online Panel of Refugees

    This study investigated how changing the mode of incentive administration between two panel waves, spaced six months apart, affected longitudinal survey response. A split-ballot incentive experiment was used to compare shifting from an unconditional pre-paid incentive mode in the first wave to a conditional post-paid mode in the second wave, versus consistently using a conditional post-paid mode across ...

    In: Survey Research Methods 19 (2025), 2, S. 223-239 | Jean Philippe Décieux, Sabine Zinn, Andreas Ette
  • Refereed essays Web of Science

    Post-Migration Stress Mediates Associations Between Potentially Traumatic Peri-Migration Experiences and Mental Health Among Middle Eastern Refugees in Germany

    Background On their way to host countries, refugees are often exposed to severe adversity, including cumulative experiences of fraud, extortion, robbery, detention, and shipwrecks, as well as prolonged, life-threatening small boat crossings. However, little research has examined the long-term impact of such peri-migration stressors on subsequent stress and mental health after arrival. This study explored ...

    In: BMC Public Health 25 (2025), 2582, 15 S. | Usama EL-Awad, Robert Eves, Justin Hachenberger, Kayvan Bozorgmehr, Theresa M. Entringer, Tobias Hecker, Oliver Razum, Odile Sauzet, Sakari Lemola
  • Refereed essays Web of Science

    Determinants of Stock Market Participation

    The low degree of stock market participation (SMP) is one of the big puzzles in finance. Numerous determinants have been proposed. We put these determinants into a structure that is derived from a standard static portfolio model. Then we discuss arguments put forward regarding specific SMP determinants and the empirical evidence that has been provided. The focus of our survey is on the identification ...

    In: Journal of Economic Surveys 39 (2025), 3, S. 953-979 | Lukas Menkhoff, Jannis Westermann
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