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The Anatomy of Subjective Well-Being
Praag, Bernard M. S. van; Frijters, P.; … - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2001
Subjective Well-Being has increasingly been studied by several economists. This paper fits in that literature but takes into account that there are different aspects of life such as health, financial situation, and job. We call them domains. In this paper, we consider Subjective Well-Being as a...
Persistent link: https://www.econbiz.de/10004963939
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The Role of Visible Wealth for Deprivation
Bertram-Hümmer, Veronika; Baliki, Ghassan - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014
Motivated by the lack of literature linking actual to perceived relative deprivation, this paper assesses the role of visibility in the deprivation of goods and assets vis-à-vis income behind perceptions of relative deprivation. We rely on household survey data that includes unique information...
Persistent link: https://www.econbiz.de/10011128850
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The Preadult Origins of Post-Materialism: A Longitudinal Sibling Study
Kroh, Martin - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2008
Using a research design that traces siblings' preferences for postmaterialistic values in Germany over two decades, this paper provides new evidence on the origins of value preferences. Focusing on Inglehart's thesis of value change, we test the combined socialization and scarcity hypothesis...
Persistent link: https://www.econbiz.de/10005068963
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Does Parental Unemployment Cause Right-Wing Extremism?
Siedler, Thomas - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2007
Recent years have witnessed a rise in right-wing extremism among German youth and young adults. This paper investigates … the extent to which the experience of parental unemployment during childhood affects young people's far right … parents and right-wing extremism, with xenophobia in particular. This paper uses stark differences in unemployment levels …
Persistent link: https://www.econbiz.de/10004963916
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Is There Still a Case for Merchant Interconnectors?: Insights from an Analysis of Welfare and Distributional Aspects of Options for Network Expansion in the Baltic Sea Region
Gerbaulet, Clemens; Weber, Alexander - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2014
Despite the ongoing appetite of financial investors for merchant investments into the European electricity network, the EC is reluctant to approve such undertakings, thus implicitly favoring regulated investments. Based on a two-level model, we analyze the impact of profit-maximizing merchant...
Persistent link: https://www.econbiz.de/10010886165
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Development Scenarios for the North and Baltic Sea Grid: A Welfare Economic Analysis
Egerer, Jonas; Kunz, Friedrich; Hirschhausen, Christian von - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
The North and Baltic Sea Grid is one of the largest pan-European infrastructure projects raising high hopes regarding the potential of harnessing large amounts of renewable electricity, but also concerns about the implementation in largely nationally dominated regulatory regimes. The paper...
Persistent link: https://www.econbiz.de/10010784002
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Determinants of Chinese Direct Investments in the European Union
Dreger, Christian; Schüler-Zhou, Yun; Schüller, Margot - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2015
competitive markets. The striking difference between GIs and M&As is related to unit labour costs. Higher costs make the host …
Persistent link: https://www.econbiz.de/10011276388
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An Early Warning System to Predict the House Price Bubbles
Dreger, Christian; Kholodilin, Konstantin A. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2011
In this paper, we construct the country-specific chronologies of the house price bubbles for 12 OECD countries over the period 1969:Q1- 2010:Q2. These chronologies are obtained using a combination of a fundamental and a filter approaches. The resulting speculative bubble chronology is the one...
Persistent link: https://www.econbiz.de/10009216692
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Bayesian Procedures as a Numerical Tool for the Estimation of Dynamic Discrete Choice Models
Haan, Peter; Kemptner, Daniel; Uhlendorff, Arne - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2012
Dynamic discrete choice models usually require a general specification of unobserved heterogeneity. In this paper, we apply Bayesian procedures as a numerical tool for the estimation of a female labor supply model based on a sample size which is typical for common household panels. We provide...
Persistent link: https://www.econbiz.de/10010551078
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Evaluation of a Pseudo-R2 Measure for Panel Probit Models
Spiess, Martin - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2000
A simulation study designed to evaluate the pseudo-R2 T proposed by Spiess and Keller (1999) suggests that this measure represents the goodness- of-fit not only of the systematic part, but also of the assumed correlation structure in binary panel probit models.
Persistent link: https://www.econbiz.de/10004963635