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simulated 6 different pattern of nonresponse bias and investigated the fade-away effect across the waves 2006 to 2009. We found … remarkable differences between these 25 coun- tries. Expressed by the relative bias, i.e. bias in 2009 divided by bias at start … in 2006, we found a reduction down to 26 percent of the initial bias for Bulgaria (foremost reduction) up to 61 percent …
Persistent link: https://www.econbiz.de/10011312698
stocks (local bias). We hypothesize that individual investors’ local bias is not limited to the domestic sphere but instead … also determines their international investment decisions. Our results confirm the presence of a cross-border local bias … display a significantly lower foreign investment bias towards investment opportunities in that country and (ii) that this drop …
Persistent link: https://www.econbiz.de/10009740268
Due to its extraordinary explanatory power for individual behavior, the interest in the concept of locus of control (LOC) has increased substantially within applied economic research. But, even though LOC has been found to affect economic behavior in many ways, the reliability of these findings...
Persistent link: https://www.econbiz.de/10011760721
Current HICP measurement practices produce an upward bias of about one-ninth of a percentage point in German inflation …
Persistent link: https://www.econbiz.de/10012489562
Bitcoin was conceptualized in response to perceived shortcomings in the monetary and financialsystem, not only related to large financial institutions but also to discretionary decision makingin monetary policy. Using high-frequency data and a weekly proxy VAR model, I study theimpact of...
Persistent link: https://www.econbiz.de/10012671254
to 113 MtCO2 per year. The major emission effect took place in Germany (64 - 99 MtCO2). The average cost of emission …
Persistent link: https://www.econbiz.de/10012619004
An argument sometimes used to support renewable energy is that it may contribute to job creation. On the other hand, these technologies often face local opposition. On the case of Denmark, the country with the longest experience with wind power, the authors examine whether the installation of...
Persistent link: https://www.econbiz.de/10013460360
Crowdfunding provides innovation in enabling entrepreneurs to contract with consumers before investment. Under aggregate demand uncertainty, this improves screening for valuable projects. Entrepreneurial moral hazard and private cost information threatens this benefit. Crowdfunding’s...
Persistent link: https://www.econbiz.de/10011590906
individual purchases of new passenger cars in Germany over seven years and use the expected driving intensity and the expected … ability, higher education, and brand loyalty facilitate a better understanding of the benefits of investments in fuel …
Persistent link: https://www.econbiz.de/10011976135
Persistent link: https://www.econbiz.de/10012659122