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Referierte Aufsätze Web of Science
This paper empirically investigates the effects of changes in the interest rate as well as in the current and expected future consumer price levels on households' consumption-savings decision. In a structural demand model applied to German consumption data, we use cross-sectional and longitudinal variation in prices and tax rates to construct individual after-tax interest rates and cluster-specific ...
In:
Empirical Economics
45 (2013), 1, S. 371-399
| Martin Beznoska, Richard Ochmann
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Referierte Aufsätze Web of Science
This study investigates the effects of maternal education on child's health and health behavior. We draw on a rich German panel data set containing information about three generations. This allows instrumenting maternal education by the number of her siblings while conditioning on grandparental characteristics. The instrumental variables approach has not yet been used in the intergenerational context ...
In:
Review of Economics of the Household
11 (2013), 1, S. 29-54
| Daniel Kemptner, Jan Marcus
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Referierte Aufsätze Web of Science
We assess the relevance of formal education on the productivity of the self-employed, distinguishing between opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative employment options. We expect differences in the returns to education between these groups due to different levels of control over the use of their human capital. The analysis ...
In:
Economics of Education Review
37 (2013), S. 66-84
| Frank M. Fossen, Tobias J. M. Büttner
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Referierte Aufsätze Web of Science
This paper explores the causal relationship between vote outcomes in different elections. We ask: (1) Does the partisan identity of the mayor influence the voter's decision in subsequent town council elections? (2) Do voters condition their vote for the mayor on the result of the last council election? The analysis mainProd. Type: FLPly relies on a regression discontinuity design focusing on close ...
In:
European Economic Review
64 (2013), S. 1-20
| Florian Ade, Ronny Freier
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Referierte Aufsätze Web of Science
Models of cooperative and noncooperative behaviour opened the household "black box" and allowed for individual treatment of partners in couples. However, labour supply literature has so far largely ignored a broader issue - the distinction of single versus multi-family ("complex") households. We propose a method to account for multi-family household structure by borrowing from recent applications of ...
In:
Applied Economics
44 (2012), 22, S. 2907-2919
| Peter Haan, Michal Myck
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Referierte Aufsätze Web of Science
Why are female entrepreneurs so rare? In Germany, women exhibit both a lower entry rate into and higher exit rate from self-employment. To explain this gender gap, this study estimates a structural microeconometric model of transition rates that includes a standard risk aversion parameter. Inputs into the model are the expected value and variance of earnings from self-employment and dependent employment, ...
In:
Applied Economics
44 (2012), 14, S. 1795-1812
| Frank M. Fossen
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Referierte Aufsätze Web of Science
This paper provides formulas for optimal top marginal tax rates when couples are taxed according to income splitting between spouses, consumption is taxed, and the skill distribution is unbounded. Optimal top marginal income tax rates are computed for Germany using a dataset that includes the tax returns of all German top taxpayers. We find that the optimal top marginal tax rate converges to about ...
In:
European Economic Review
56 (2012), 6, S. 1055-1069
| Stefan Bach, Giacomo Corneo, Viktor Steiner
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Referierte Aufsätze Web of Science
Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively reciprocal ways. So far it is rarely analyzed whether these variables of social cognition influence everyday decision making behavior. We focus on entrepreneurs who are permanently facing exchange processes in the interplay with investors, sellers, and buyers, as well as needing to ...
In:
Journal of Economic Psychology
33 (2012), 2, S. 394-409
| Marco Caliendo, Frank M. Fossen, Alexander S. Kritikos
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Referierte Aufsätze Web of Science
Several German states recently introduced tuition fees for university education. We investigate whether these tuition fees influence the mobility of university applicants. Based on administrative data of applicants for medical schools in Germany, we estimate the effect of tuition fees on the probability of applying for a university in the home state. We find a small but significant reaction: The probability ...
In:
Economics of Education Review
31 (2012), 1, S. 155-167
| Nadja Dwenger, Johanna Storck, Katharina Wrohlich
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Referierte Aufsätze Web of Science
Means-tested student aid might affect enrollment in higher education. To derive the potential influence of student aid, we use a tax-benefit microsimulation model. The effect is a non-linear function of parental income, with variation as a result of bracket creeping and various reforms. Therefore, the effect of student aid on enrollment can be separated from the effects of income and other family characteristics. ...
In:
The Scandinavian Journal of Economics
114 (2012), 1, S. 124-147
| Viktor Steiner, Katharina Wrohlich