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Well-being in Germany: What explains the regional variation?

Vatter, Johannes - 2012

This paper examines regional differences in subjective well-being (SWB) in Germany. Inferential statistics indicate a diminishing but still significant gap between East and West Germany, but also differing levels of SWB within both parts. The observed regional pattern of life satisfaction...

Persistent link: https://www.econbiz.de/10010286910

September 11th and the Earnings of Muslims in Germany: The Moderating Role of Education and Firm Size

Cornelißen, Thomas; Jirjahn, Uwe - 2010

While available evidence suggests that the events of September 11th negatively influenced the relative earnings of employees with Arab background in the US, it is not clear that they had similar effects in other countries. Our study for Germany provides evidence that the events also affected the...

Persistent link: https://www.econbiz.de/10011600921

Late-Life Decline in Well-Being across Adulthood in Germany, the UK, and the US: Something Is Seriously Wrong at the End of Life

Gerstorf, Denis; Ram, Nilam; Mayraz, Guy; Hidajat, Mira; … - 2010

Throughout adulthood and old age, levels of well-being appear to remain relatively stable. However, evidence is emerging that late in life well-being declines considerably. Using long-term longitudinal data of deceased participants in national samples from Germany, the UK, and the US, we examine...

Persistent link: https://www.econbiz.de/10011600928

How Important Is the Family? Evidence from Sibling Correlations in Permanent Earnings in the US, Germany and Denmark

Schnitzlein, Daniel D. - 2011

This paper is the first to analyze intergenerational economic mobility based on sibling correlations in permanent earnings in Germany and to provide a cross-country comparison of Germany, Denmark, and the US. The main findings are as follows: the importance of family and community background in...

Persistent link: https://www.econbiz.de/10011601007

Lower and Upper Bounds of Unfair Inequality: Theory and Evidence for Germany and the US

Niehues, Judith; Peichl, Andreas - 2011

Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of the full set of endowed circumstances beyond the sphere of individual responsibility. In this paper, we suggest a new estimator based on a fixed effects panel model which...

Persistent link: https://www.econbiz.de/10011601037

Why didn't the college premium rise everywhere? Employment protection and on-the-job investment in skills

Doepke, Matthias; Gaetani, Ruben - 2020

Why has the college wage premium risen rapidly in the United States since the 1980s, but not in European economies such as Germany? We argue that differences in employment protection can account for much of the gap. We develop a model in which firms and workers make relationship-specific...

Persistent link: https://www.econbiz.de/10012254868

Default Risk and Equity Returns: A Comparison of the Bank-Based German and the U.S. Financial System

Breig, Christoph; Elsas, Ralf - 2009

In this paper, we address the question whether the impact of default risk on equity returns depends on the financial system firms operate in. Using an implementation of Merton's option-pricing model for the value of equity to estimate firms' default risk, we construct a factor that measures the...

Persistent link: https://www.econbiz.de/10010427776

Die Kapitalmarktzinsen in Deutschland und den USA: Wie eng ist der Zinsverbund? Eine Anwendung der multivariaten Kointegrationsanalyse

Kremer, Manfred - 1999

Jahre bis Anfang 1998 an die Zinsverhältnisse in den USA gebunden war. Häufig geäußerten Vennutungen folgend wird daneben … langfristigen und einen kurzfristigen Zins aus Deutschland und aus den USA als zu erklärende Variablen. Die Struktur des Modells … factors driving interest rates. The model contains one long-term and one short-term interest rate of both Gennany and the USA …

Persistent link: https://www.econbiz.de/10010478853

The Current Global Financial Turmoil and Asian Developing Countries

Akyuz, Yilmaz - 2008

Persistent link: https://www.econbiz.de/10010320489

From Marx to Morgan Stanley: Inequality and financial crisis

Mah-Hui, Michael Lim; Khor, Hoe Ee - 2010

Despite robust growth, rising inequality is widespread in many countries. At the same time financial instability and crises are occurring with greater frequency and severity. These two phenomena are related to the contest for a greater share of economic output between labor and capital, with...

Persistent link: https://www.econbiz.de/10010320514