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Conspicuous consumption and communism: Evidence from East and West Germany
Friehe, Tim; Mechtel, Mario - 2012
use the separation of Germany into the communist GDR and the democratic FRG and its reunification in 1990 as a natural … experiment. Relying on household data that are representative for Germany, our empirical results strongly indicate that … conspicuous consumption is relatively more important in East Germany. Importantly, a significant gap in conspicuous consumption …
Persistent link: https://www.econbiz.de/10010288246
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Fiscal equalization schemes and fiscal sustainability
Potrafke, Niklas; Reischmann, Markus - 2012
Fiscal sustainability tests have largely ignored the institutional setting of fiscal policy making. Fiscal equalization schemes in federal states are one such institution. We examine whether German state governments pursue sustainable fiscal policies taking into account fiscal equalization...
Persistent link: https://www.econbiz.de/10010288459
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The impact of managerial change on performance: The role of team heterogeneity
Hentschel, Sandra; Mühlheusser, Gerd; Sliwka, Dirk - 2012
When a key responsibility of a manager is to allocate more or less attractive tasks to subordinates, these subordinates have an incentive to work hard and demonstrate their talents. As a new manager is less well acquainted with these talents this incentive mechanism is reinvigorated after a...
Persistent link: https://www.econbiz.de/10010288460
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Forecasting GDP at the regional level with many predictors
Lehmann, Robert; Wohlrabe, Klaus - 2012
-Württemberg) and Eastern Germany. We overcome the problem of a data-poor environment at the sub-national level by including more than …
Persistent link: https://www.econbiz.de/10010288471
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The interrelationship between formal and informal decentralization and its impact on sub-central governance performance: The case of Vietnam
Thanh, Thuy Vu; Zouikri, Messaoud; Deffains, Bruno - 2012
Formal and informal institutions are often viewed as complements or substitutes in empirical and theoretical works. However, no evidence of complementarities or substitutes is found in our empirical analysis of the interrelation between formal and informal decentralization across 64 provinces of...
Persistent link: https://www.econbiz.de/10010325617