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We study whether a democracy improves a measure of individual wellbeing; human heights. Drawing on individual-level datasets, we test the hypothesis using a battery of eight different measures of democracy and derived averages, and include models accounting for several confounders, regional and...
Persistent link: https://www.econbiz.de/10012698819
of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all … immigrants to the OECD world. Looking at immigrants by source countries, we illustrate the important role of distance, both …
Persistent link: https://www.econbiz.de/10003771831
to the fit. Using data for the United States, the euro area and Germany, we assess the performance of boosting when …
Persistent link: https://www.econbiz.de/10009721997
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
Persistent link: https://www.econbiz.de/10011507659
preferences, we implement parallel survey experiments in Germany and the United States. In both countries, support for increased …
Persistent link: https://www.econbiz.de/10011565610
and Germany to condition the relationship between real wages and business fluctuations on the phase of the cycle, it is … general, the evidence for countercyclical wages is stronger in Germany than for the US, but taken together there is no clear …
Persistent link: https://www.econbiz.de/10011449261
Survey data from the United States, West Germany and East Germany are analyzed to compare individual attitudes towards … political redistribution in each country. In West Germany the homo oeconomicus effect , the social rivalry effect and the public … effect disappears. In East Germany both the second and the third effect disappear. …
Persistent link: https://www.econbiz.de/10009780207
Persistent link: https://www.econbiz.de/10009781501
treatments in Switzerland using identical survey techniques previously used in Germany and the United States. In Switzerland …
Persistent link: https://www.econbiz.de/10012123030
We propose a dynamic bank theory with a delayed loss recognition mechanism and a regulatory capital constraint at its core. The estimated model matches four facts about banks' Tobin's Q that summarize bank leverage dynamics. (1) Book and market equity values diverge, especially during crises;...
Persistent link: https://www.econbiz.de/10012649212