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Local and Spatial Cointegration in the Wage Curve: A Spatial Panel Analysis for German Regions

The wage curve introduced by Blanchflower and Oswald (1990, 1994) postulates a negative correlation between wages and unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on unionized bargaining or the efficiency wage hypothesis. Spatial econometric approaches can be rationalized by monopsonistic competition. However, the approaches ...

Estimating Alternative Technology Sets in Nonparametric Efficiency Analysis: Restriction Tests for Panel and Clustered Data

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, ...

Low Level of Equal Opportunities in Germany: Family Background Shapes Individual Economic Success

For many years, securing equal life opportunities has been a normative goal shared by all democratic societies in the western world. Although, in principle, all citizens enjoy the same rights, in reality, individual life opportunities still vary according to family background which, in turn, shapes the prevailing pattern of social inequality. This is not a specifically German phenomenon. Based on a ...

Estimating Alternative Technology Sets in Nonparametric Efficiency Analysis: Restriction Tests for Panel and Clustered Data

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 (2001) and Schubert and Simar (2011) propose restriction tests to support such specification ...

Liquidity Constraints and the Permanent Income Hypothesis: Pseudo Panel Estimation with German Consumption Survey Data

This paper empirically investigates the relevance of liquidity constraints and excess sensitivity in intertemporal household consumption. Using a pseudo panel that has been constructed on rich German consumption survey data, we estimate the consumption responses to permanent and transitory income shocks, as well as the presence of excess sensitivity to anticipated income changes. A switching regression ...

Entry Regulation and Entrepreneurship: Empirical Evidence from a German Natural Experiment

The amendment to the German Trade and Crafts Code in 2004 offers a natural experiment to asses the causal effects of this reform on the probabilities of being self-employed and transition into and out of self-employment, using cross-sections (2002-2006) of German microcensus data. This study applies the difference-in-differences technique in logit models for four occupational groups. Easing the educational ...

Dealing with Incomplete Household Panel Data in Inequality Research

In trying to capture complete within-household heterogeneity, household panel surveys typically try to interview all adult household members. Following from this, such surveys tend to suffer from partial unit nonresponse (PUNR), that is, the nonresponse of at least one member of an otherwise participating household, most likely yielding an underestimation of aggregate household income. Using data from ...

The Distribution of Pension Wealth and the Process of Pension Building: Augmenting Survey Data with Administrative Pension Records by Statistical Matching ; Dissertation

The overhaul of the German system of old-age provision raises concerns about the future distribution of pension rights. Therefore, it is critical to gain a thorough understanding of the role pension wealth plays in the individual's total wealth holdings, but also what individual-level and institutional factors facilitate or impede successful pension building that allow individuals to retire with a ...

Ein Instrument zur Messung der Preisentwicklung auf dem Wohnungsmarkt: das Beispiel Berlin

Untersuchungen über die Preise auf dem Markt für Wohnimmobilien geben in aller Regel Aufschluss über die Preise für Wohnungen in einer bestimmten Lage oder mit einer bestimmten Beschaffenheit. Das DIW Berlin hat ein Verfahren entwickelt, mit dem die Preise für verschiedenartige Wohnungen zu einer einheitlichen Größe zusammengefasst werden. Damit kann die Preisentwicklung übergreifend etwa für alle ...

Miet- und Wohnungspreise: Internetbasierte Indizes erfassen auch kurzfristige Preisdynamik: Vier Fragen an Konstantin Kholodilin