Purpose – The paper aims to discover the role of the middle classes in the development of the ethnic minorities of China, given the importance of the middle classes in international economic development in the modern age. Design/methodology/approach – The paper offers a definition of the...

Purpose – The paper aims to discover the role of the middle classes in the development of the ethnic minorities of China, given the importance of the middle classes in international economic development in the modern age. Design/methodology/approach – The paper offers a definition of the...

Der vorliegende Beitrag ist eine Metaanalyse von 99 deutschen Bevölkerungssurveys aus dem GESIS-Datenarchiv, in denen die postmaterialistische Einstellung der Befragten ermittelt wird. Es wird anhand von Mehrebenenmodellen gezeigt, dass sich der Anteil der Postmaterialisten unter Kontrolle von...

The Household Finance and Consumption Survey (HFCS) provides information about household wealth (real and financial assets as well as liabilities) from 15 Euro-countries after the financial crisis of 2007/8. The survey will be the central dataset in this topic in the future. However, several...

There is ample empirical literature centering on the effectiveness of foreign exchange intervention (FXI). Given the mix of objectives and country-heterogeneity, the general lack of consensus thus far is no surprise. We shed light on this debate by conducting the first comprehensive...

We propose a fast approximate Metropolis-Hastings algorithm for large data sets embedded in a design based approach. Here, the loglikelihood ratios involved in the Metropolis-Hastings acceptance step are considered as data. The building block is one single subsample from the complete data set,...

While social relationships play an important role for individuals to cope with missing market institutions, they also limit individuals' range of trading partners. This paper aims at understanding the determinants of trust at various social distances when information asymmetries are present....

The classical Heckman (1976, 1979) selection correction estimator (heckit) is misspecified and inconsistent if an interaction of the outcome variable and an explanatory variable matters for selection. To address this specification problem, a full information maximum likelihood estimator and a...

Typically, laboratory experiments suffer from homogeneous subject pools and self-selection biases. The usefulness of survey data is limited by measurement error and by the questionability of their behavioral relevance. Here we present a method integrating interactive experiments and...

We use a lab-in-the-field experiment to investigate intra-couple labor supply decisions and the division of housework under individual and joint income taxation systems. In order to eliminate problems of endogenous intra-couple time use decisions, we exogenously varied not only the taxation...