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  • Refereed essays Web of Science

    Fewer Siblings, More Wealth? Sibship Size and Wealth Attainment

    This study examines the association between sibship size and wealth in adulthood. The study draws on resource dilution theory and additionally discusses potentially wealth-enhancing consequences of having siblings. Data from the German Socio-Economic Panel Study (SOEP, N = 3502 individuals) are used to estimate multilevel regression models adjusted for concurrent parental wealth and other important ...

    In: European Journal of Population 35 (2019), 5, S. 959–986 | Philipp M. Lersch
  • Refereed essays Web of Science

    Public Health Insurance, Individual Health, and Entry into Self-Employment

    We investigate the impact of a differential treatment of paid employees versus self-employed workers in a public health insurance system on the entry rate into self-employment. Health insurance systems that distinguish between the two sectors of employment create incentives or disincentives to start a business for different individuals. We estimate a discrete time hazard rate model of entry into self-employment ...

    In: Small Business Economics 49 (2017), 3, S. 647–669 | Frank M. Fossen, Johannes König
  • Refereed essays Web of Science

    Exploring the Robustness of Country Rankings by Educational Attainment

    The measurement scale of exam scores is ordinal. This ordinal measurement implies that monotonic transformations of published scales convey the same information. Hence, countries should not be ranked according to averaged scores because there may be transformations that would change the mean-based rankings. We suggest alternatives to the mean-based ranking procedure that yield informative and robust ...

    In: Journal of Economics 129 (2020), 3, S. 271-296 | Carsten Schröder, Shlomo Yitzhaki
  • Refereed essays Web of Science

    The Effects of the 2013 Floods on Germany’s Freight Traffic

    This article analyzes the spatio-temporal effect of the 2013 floods on freight traffic in Germany by using automatic traffic counter data. The methodology uses a proven time-series outlier detection and identification technique to endogenously determine if a counter was affected during the flood and estimate the magnitude and duration of the change in the number of vehicles passing through it. This ...

    In: Transportation Research Part D: Transport and Environment 82 (2020), 102274, 22 S. | Julio G. Fournier Gabela, Luis Sarmiento
  • Refereed essays Web of Science

    A Cross-Cultural Comparison of the Ultrabrief Mental Health Screeners Phq-4 and SF-12 in Germany

    The testing of measurement invariance (MI) across different cultural backgrounds for short screeners of mental health has been mostly neglected. Therefore, we examined MI in the most common mental health screeners worldwide used to assess the psychological indicators of health among migrants and refugees: the Short-Form-12 Health Survey (SF-12) for health-related quality of life and the Patient Health ...

    In: Psychological Assessment 32 (2020), 7, S. 690-697 | Ana N. Tibubos, Hannes Kröger
  • Refereed essays Web of Science

    Between Stranded Assets and Green Transformation: Fossil-Fuel-Producing Developing Countries Towards 2055

    Climate-related asset stranding refers to the depreciation of assets – such as resource reserves, infrastructure, or industries – resulting from the unanticipated changes, such as the tightening of climate policies. Although developing countries – especially fossil-fuel exporters – may be most concerned by this issue, its analysis in development (economics) has so far been limited.We aim at enhancing ...

    In: World Development 130 (2020), 104947, 17 S. | Dawud Ansari, Franziska Holz
  • Refereed essays Web of Science

    Central Banks' Supervisory Guidance on Corporate Governance and Bank Stability: Evidence from African Countries

    This paper focuses on the identification of the causal relationship between central banks' supervisory guidance and individual bank stability. We propose and test the hypothesis that this causal relationship is mediated by the degree to which banks comply with their central bank's corporate governance recommendations. Specifically, we exploit the fact that there is considerable cross-country heterogeneity ...

    In: Emerging Markets Review 43 (2020), 100694, 19 S. | Samuel Mutarindwa, Dorothea Schäfer, Andreas Stephan
  • Refereed essays Web of Science

    Increased Instruction Time and Stress-Related Health Problems among School Children

    While several studies suggest that stress-related mental health problems among school children are related to specific elements of schooling, empirical evidence on this causal relationship is scarce. We examine a German schooling reform that increased weekly instruction time and study its effects on stress-related outpatient diagnoses from the universe of health claims data of the German Social Health ...

    In: Journal of Health Economics 70 (2020), 102256, 13 S. | Jan Marcus, Simon Reif, Amelie Wuppermann, Amélie Rouche
  • Refereed essays Web of Science

    The Appropriateness of the Macroeconomic Imbalance Procedure for Central and Eastern European Countries

    The European Commission’s Scoreboard of Macroeconomic Imbalances is a rare case of a publicly released early warning system. It was published first time in 2012 by the European Commission as a reaction to public debt crises in Europe. So far, the Macroeconomic Imbalance Procedure takes a one-size-fits-all approach with regard to the identification of thresholds. The experience of Central and Eastern ...

    In: Empirica 48 (2021), 1, S. 123–139 | Geraldine Dany-Knedlik, Martina Kämpfe, Tobias Knedlik
  • Refereed essays Web of Science

    Inflation Expectations and the Recovery from the Great Depression in Germany

    A regime shift toward increased inflation expectations is credited with jump-starting the recov- ery from the Great Depression in the United States. What role did inflation expectations play in Germany that experienced a similarly successful economic upturn in the 1930s? We study infla- tion expectations in the German recovery across several methods: we conduct a narrative study of media sources; we estimate ...

    In: Explorations in Economic History 75 (2020), 101305, 18 S. | Volker Daniel, Lucas ter Steege
  • Refereed essays Web of Science

    Solar PV Generation in Colombia - a Qualitative and Quantitative Approach to Analyze the Potential of Solar Energy Market

    Colombia faces several challenges to secure a reliable, affordable, and climate-friendly energy supply. Persistently low reserve-to-production ratios in oil and gas, together with advancing climate change, are putting the country’s energy system at risk. Heavily relying on hydro-power, Colombia’s electricity system will become more vulnerable with extreme weather patterns such as El Niño. This paper ...

    In: Renewable Energy 148 (2020), S. 1266-1279 | Andrea Ruíz López, Alexandra Krumm, Lukas Schattenhofer, Felipe Corral Montoya, Nora Oberländer, Pao-Yu Oei
  • Refereed essays Web of Science

    Unconventional Monetary Policy, Fiscal Side Effects, and Euro Area (Im)balances

    We study the macroeconomic effects of unconventional monetary policy in the euro area using structural vector autoregressions, identified with external instruments. The instruments are based on the common unexpected variation in euro area sovereign yields for different maturities on policy announcement days. We first show that expansionary monetary surprises are effective at lowering public and private ...

    In: Journal of the European Economic Association 18 (2020), 1, S. 202-231 | Michael Hachula, Michele Piffer, Malte Rieth
  • Refereed essays Web of Science

    Konvergencija regional'noj plotnosti naselenija v Rossii za 120 let

    A relative uniformity of population distribution on the territory of the country is of importance from socio-economic and strategic perspectives. It is especially important in the case of Russia with its densely populated West and underpopulated East. This paper considers changes in population density in Russian regions, which occurred between 1897 and 2017. It explores whether there was convergence ...

    In: Voprosy ėkonomiki : ežemesjačnyj žurnal (2020), 11, S. 133-158 | Konstantin A. Kholodilin
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    Bedingungsloses Grundeinkommen: viel Zustimmung, aber auch große Ablehnung

    Unconditional basic income has been discussed for many years. It is intended to solve problems that may arise as a result of demographic change, digitalisation and automation. Very different concepts form the basis for the discussion. For example, it is not clear what level such a basic income should have, which social benefits it would replace and, above all, how it would to be financed. It was originally ...

    In: Wirtschaftsdienst 100 (2020), 2, S. | Jürgen Schupp
  • Refereed essays Web of Science

    Do Laws Shape Attitudes? Evidence from Same-Sex Relationship Recognition Policies in Europe

    Understanding whether laws shape or simply reflect citizens’ attitudes is important but empirically difficult. We provide new evidence on this question by studying the relation between legal same-sex relationship recognition policies (SSRRPs) and attitudes toward sexual minorities in Europe. Using data from the European Social Surveys covering 2002–2016 and exploiting variation in the timing of SSRRPs ...

    In: European Economic Review 124 (2020), 103399, 18 S. | Cevat G. Aksoy, Christopher S. Carpenter, Ralph De Haas, Kevin Ducbao Tran
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    Diversification, Common Ownership, and Strategic Incentives

    We argue that within-industry investor diversification is directly related to common ownership incentives (profit loads on rival firms by the manager of a firm) in product markets. Because of their respective investment strategies, passive investors are naturally more diversified than active investors. If more money flows from active toward passive investors, then common ownership incentives increase. ...

    In: AEA Papers and Proceedings 110 (2020, S. 561-564 | Albert Banal-Estanol, Jo Seldeslachts, Xavier Vives
  • Refereed essays Web of Science

    Energy Outlooks Compared: Global and Regional Insights

    We compare prominent global energy scenarios of organizations and companies. We supplement the analysis with four own scenarios, which were derived from structured analytic techniques in combination with a numerical global energy and resource market model (Multimod). Our paper provides three central contributions: (i) a compact survey of selected outlooks with meta characteristics (conceptual nature, ...

    In: Economics of Energy and Environmental Policy 9 (2020), 1, S. 21-42 | Dawud Ansari, Franziska Holz, Hashem al-Kuhlani
  • Refereed essays Web of Science

    Lessons from Modeling 100% Renewable Scenarios Using GENeSYS-MOD

    The main aim of models has never been to provide numbers, but insights. Still, challenges prevail for modelers to use the best configuration of their models to provide helpful insights. In the case of energy system modelling, this becomes even more complicated due to increasing complexity of the energy system transition through the potential and need for sector coupling. This paper therefore showcases ...

    In: Economics of Energy and Environmental Policy 9 (2020), 1, S. 103-120 | Pao-Yu Oei, Thorsten Burandt, Karlo Hainsch, Konstantin Löffler, Claudia Kemfert
  • Refereed essays Web of Science

    Energy Transition Pathways to a Low-carbon Europe in 2050: the Degree of Cooperation and the Level of Decentralization

    In the framework of the Paris Agreement, the European Union (EU) will have to firmly set decarbonization targets to 2050. However, the viability on these targets is an ongoing discussion. The European Commission has made several propositions for energy and climate “roadmaps”. In this regard, this paper contributes by analyzing alternative pathways derived in a unique modelling process. As part of the ...

    In: Economics of Energy and Environmental Policy 9 (2020), 1, S. 121-135 | Pedro Crespo Del Granado, Gustav Resch, Franziska Holz, Marijke Welisch, Jasper Geipel, Michael Hartner, Sebastian Forthuber, Frank Sensfuss, Luis Olmos, Christiane Bernath, Sara Lumbreras, Lukas Kranzl, Andreas Müller, Stephanie Heitel, Andrea Herbst, Charlie Wilson, Andrés Ramos
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    Was die Wirtschaftspolitik vom Wirtschaftsnobelpreis des Jahres 2019 lernen kann

    Abhijit Banerjee, Esther Duflo und Michael Kremer sind 2019 mit dem Wirtschaftsnobelpreis geehrt worden. Dies vor allem für ihren experimentellen Ansatz zur Linderung der weltweiten Armut. Die Laureaten nutzen randomisierte Experimente, um entwicklungspolitische Maßnahmen zu evaluieren. So haben sie die Grenzen der in Indien genutzten Mikrofinanzierung aufgezeigt. Zwar gibt es durchaus Kritik an dieser ...

    In: Wirtschaftsdienst 100 (2020), 2, S. 133-137 | Lukas Menkhoff, Helke Seitz
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