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The Intriguing Nexus between Corruption and Capital Account Restrictions

Siemers, Lars; Dreher, Axel - Rheinisch-Westfälisches Institut für … - 2005

The paper develops a theoretical model showing a mutual relationship between corruption and capital account restrictions. According to the model, higher corruption induces stricter restrictions and vice versa. We test the model using panel data for 112 countries over the period 1984–2002 and...

Persistent link: https://www.econbiz.de/10005548354

Job Security and Fertility: Evidence from German Reunification

Klemm, Marcus - Rheinisch-Westfälisches Institut für … - 2012

This paper uses the special occupational status of German civil servants in combination with the unforeseen event of German reunification to study empirically the relationship between job security and fertility. The civil servant-status provides extreme job security as well as good possibilities...

Persistent link: https://www.econbiz.de/10010598392

Job Security Perceptions and the Saving Behavior of German Households

Klemm, Marcus - Rheinisch-Westfälisches Institut für … - 2012

This paper investigates the co-movements of job security perceptions and household saving rates using data from the …

Persistent link: https://www.econbiz.de/10010598397

How Health Plan Enrollees Value Prices Relative to Supplemental Benefits and Service Quality

Tauchmann, Harald; Bünnings, Christian; Schmitz, Hendrik; … - Rheinisch-Westfälisches Institut für … - 2015

This paper empirically assesses the relative role of health plan prices, service quality and optional benefits in the decision to choose a health plan. We link representative German SOEP panel data from 2007 to 2010 to (i) health plan service quality indicators, (ii) measures of voluntary...

Persistent link: https://www.econbiz.de/10011206293

Quasiconcave Preferences and Choices on a Probability Simplex – A Nonparametric Analysis

Heufer, Jan - Rheinisch-Westfälisches Institut für … - 2010

Government agencies and other national and international institutions are asked to perform foMit dem nichtparametrischen Ansatz dieser Arbeit lässt sich überprüfen, ob Entscheidungen auf einem Wahrscheinlichkeitssimplex mit quasikonkaven Präferenzen vereinbar sind. Notwendige und...

Persistent link: https://www.econbiz.de/10008621764

The European Commission‘s Light Bulb Decree: Another Costly Regulation?

Frondel, Manuel; Lohmann, Steffen - Rheinisch-Westfälisches Institut für … - 2011

Since September 2009, Regulation 244/2009 of the European Commission enforces the gradual phase-out of incandescent light bulbs. As of September 2012, only energyefficient lighting sources will be allowed for sale. Among these are halogen light bulbs, light-emitting diodes (LED), or compact...

Persistent link: https://www.econbiz.de/10009018033

Broke, Ill, and Obese: The Effect of Household Debt on Health

Keese, Matthias; Schmitz, Hendrik - Rheinisch-Westfälisches Institut für … - 2010

household indebtedness, such as the percentage shares of household income spent on consumer credit and home loan repayments …We analyze the effect of household indebtedness on different health outcomes using data from the German Socio … (which indicate the severity of household indebtedness) and a binary variable of relative overindebtedness (which indicates a …

Persistent link: https://www.econbiz.de/10009018046

Stochastic Dominance and Nonparametric Comparative Revealed Risk Aversion

Heufer, Jan - Rheinisch-Westfälisches Institut für … - 2011

It is shown how to test revealed preference data on choices under uncertainty for consistency with first and second order stochastic dominance (FSD or SSD). The axiom derived for SSD is a necessary and sufficient condition for risk aversion. If an investor is risk averse, stochastic dominance...

Persistent link: https://www.econbiz.de/10009385731

Homothetic Efficiency. A Non-Parametric Approach

Heufer, Jan; Hjertstrand, Per - Rheinisch-Westfälisches Institut für … - 2014

This article provides a robust non-parametric approach to demand analysis based on a concept called homothetic efficiency. Homotheticity is a useful restriction or assumption but data rarely satisfy testable conditions. To overcome this problem, this article provides a way to estimate homothetic...

Persistent link: https://www.econbiz.de/10010814384

Revealed Notions of Distributive Justice I – Theory

Becker, Nicole; Häger, Kirsten; Heufer, Jan - Rheinisch-Westfälisches Institut für … - 2013

We provide a framework to decompose preferences into a notion of distributive justice and a selfishness part and to recover individual notions of distributive justice from data collected in appropriately designed experiments. “Dictator games” with varying transfer rates used in Andreoni and...

Persistent link: https://www.econbiz.de/10010705760