Within the framework of a microeconomic model of leisure demand, the determinants of German tourists' decisions whether to spend vacation at all, which activities to pursue, and which travel destination to choose are investigated empirically. Three-stage nested multinomial logit models are...

The focus of this paper is on the microeconometric analysis of spatial choice in a cross section. Nested multinomial logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer and Ridder's likelihood ratio test for pooled...

The focus of this paper is on the microeconometric analysis of spatial choice in a cross section. Nested multinomial logit models are used to analyze the determi-nants of individual choice among destinations and vacation activities. Cramer and Ridder's likelihood ratio test for pooled...

Within the framework of a microeconomic model of leisure demand, the determinants of German tourists' decisions whether to spend vacation at all, which activities to pursue, and which travel destination to choose are investigated empirically. Three-stage nested multinomial logit models are...

Within the framework of a microeconomic model of leisure demand, the determinants of German tourists' decisions whether to spend vacation at all, which activities to pursue, and which travel destination to choose are investigated empirically. Three-stage nested multinomial logit models are...

This paper estimates trade-demand functions for Germany from monthly data covering the period 1959-1988. It is assumed that these trade-demand functions have the form of the Linear Expenditure System, generated by a shifted Cobb-Douglas trade-utility function in which the shift parameter is...

As wives generally are younger than their husbands, and as they also have a higher life expectancy, wives generally have larger incentives to save for old age than their husbands. This paper analyses the household members? attitudes towards saving for old age, and the relation with the household...

Anlaß dieses Beitrags bildet der im Januar 1989 präsentierte Kommissionsvorschlag zu einer Richtlinie bezüglich der Übernahme von Unternehmen in den Mitgliedstaaten. Zunächst werden theoretische Überlegungen zur Gestaltung von institutionellen Rahmenbedingungen diskutiert, die die...

This paper demonstrates the prominent role of antidumping laws as an Instrument of endogenous trade policy in the EC. In contrast with the US where dumping is subject to technical determination, the EC application of antidumping laws reflects political discretion and influence.

As wives generally are younger than their husbands, and as they also have a higher life expectancy, wives generally have larger incentives to save for old age than their husbands. This paper analyses the household members' attitudes towards saving for old age, and the relation with the household...