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448 Ergebnisse, ab 411
Diskussionspapiere 1056 / 2010

Confronting the Representative Consumer with Household-Size Heterogeneity

Much analysis in macroeconomics empirically addresses economy-wide incentives behind consumer/investment choices by using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize attempts to back up the representative consumer construct with microfoundations. One complex aspect of micro-level heterogeneity is household size, as individuals ...

2010| Christos Koulovatianos, Carsten Schröder, Ulrich Schmidt
Diskussionspapiere 997 / 2010

Do Google Searches Help in Nowcasting Private Consumption? A Real-Time Evidence for the US

In this paper, we investigate whether the Google search activity can help in nowcasting the year-on-year growth rates of monthly US private consumption using a real-time data set. The Google-based forecasts are compared to those based on a benchmark AR(1) model and the models including the consumer surveys and financial indicators. According to the Diebold-Mariano test of equal predictive ability, ...

2010| Konstantin A. Kholodilin, Maximilian Podstawski, Boriss Siliverstovs
SOEPpapers 254 / 2009

Accounting for Imputed and Capital Income Flows in Income Inequality Analyses

Using representative and consistent microdata from the German Socio-Economic Panel Study (SOEP) from 1985-2007, we illustrate that capital income (CI = return on financial investments) and imputed rent (IR = return on investments in owner-occupied housing) have become increasingly important sources of economic inequality in Germany over the last two decades. Whereas the operationalization of CI in ...

2009| Joachim R. Frick, Markus M. Grabka
Diskussionspapiere 946 / 2009

Google Searches as a Means of Improving the Nowcasts of Key Macroeconomic Variables

The Google Insights data are a collection of recorded Internet searches for a huge number of the keywords, which are available since January 2004. These searches represent a kind of revealed perceptions of Internet users, which are a (possibly not entirely representative) sample of the general public. These data can be used to improve the short-term forecasts or nowcasts of various macroeconomic variables. ...

2009| Konstantin A. Kholodilin, Maximilian Podstawski, Boriss Siliverstovs, Constantin Bürgi
SOEPpapers 48 / 2007

Germans in Germany's Ethnic Neighborhoods

In contrast to most research on the effects on residents of living in an ethnic neighborhood, this paper explores how living within an ethnic neighborhood affects members of the dominant ethnic group - in this case Germans - rather than the minorities that define it. The results indicate that Germans living within ethnic neighborhoods are less well off financially than their peers in other parts of ...

2007| Anita I. Drever
SOEPpapers 57 / 2007

Ethnic Identity and Immigrant Homeownership

Immigrants are much less likely to own their homes than natives, even after controlling for a broad range of life-cycle and socio-economic characteristics and housing market conditions. This paper extends the analysis of immigrant housing tenure choice by explicitly accounting for ethnic identity as a potential influence on the homeownership decision, using a two-dimensional model of ethnic identity ...

2007| Amelie Constant, Rowan Roberts, Klaus F. Zimmermann
SOEPpapers 133 / 2008

Private Retirement Savings in Germany: The Structure of Tax Incentives and Annuitization

The present paper studies the growth, welfare and efficiency consequences of the recent introduction of tax-favored retirement accounts in Germany in a general equilibrium overlapping generations model with idiosyncratic lifespan and labor income uncertainty. We focus on the implicit differential taxation of specific savings motives, the mandatory annuitization of benefits and the impact of special ...

2008| Hans Fehr, Christian Habermann
Externe referierte Aufsätze

Tax Liability-Side Equivalence in Experimental Posted-Offer Markets

In theory, the incidence of a tax should be independent of the side of the market on which it is levied. This principle of liability-side equivalence underlies virtually all theories of tax incidence. Policy discussions, however, tend to place great emphasis on the legal division of tax payments. We use computerized experimental posted-offer markets to test liability-side equivalence. We find that ...

In: The Southern Economic Journal 68 (2002), 3, S. 672-682 | Rainald Borck, Dirk Engelmann, Wieland Müller, Hans-Theo Normann
Weitere Aufsätze

Verbraucherschutz in Kindertageseinrichtungen - warum er auch in diesem Bereich unabdingbar und elementar ist

In: André Habisch, Hans Ludwig Schmidt, Michael Bayer (Hrsg.) , Familienforschung Interdisziplinär
Grafschaft : Vektor-Verl.
S. 55-68
CONNEX - gesellschaftspolitische Studien ; 3
| C. Katharina Spieß
448 Ergebnisse, ab 411