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aging on public investment. Moreover, the estimation of an error correction model reveals long-run Granger causality running … exclusively from aging to investment. Our results are robust to the inclusion of additional control variables typically considered …
Persistent link: https://www.econbiz.de/10010519083
This paper measures the causal effect of coalition vs. single-party governments on fiscal policies using a data set of 396 municipalities in the German state of North Rhine-Westphalia in the time period 1985-2004. Using a regression discontinuity design to take the endogeneity of the type of...
Persistent link: https://www.econbiz.de/10009580158
Drawing on panel data from Germany, this paper analyzes the correlates of happiness, with an eye toward isolating the role of parenthood over the lifecycle. The analysis couples a panel quantile regression with an empirical specification that captures different phases of parenthood, from the...
Persistent link: https://www.econbiz.de/10011299106
Unemployed individuals may regain identity utility through coping strategies, which however vary with age and gender. Using highly detailed German county level data, we test whether the social norm effect of unemployment is age-dependent. The wellbeing differential between the unemployed and the...
Persistent link: https://www.econbiz.de/10011440877
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We apply a heterogenous coefficient spatial autoregressive panel model from Aquaro, Bailey and Pesaran (2015) to explore competition/cooperation by Berlin fueling stations in setting prices for diesel and E5 fuel. Unlike the maximum likelihood estimation method set forth by Aquaro, Bailey and...
Persistent link: https://www.econbiz.de/10011460317
The spell-based nature of the National Educational Panel Study poses some challenges for analyzing training participation rates across waves. Raw training participation rates of each wave using courses compiled in the SpCourses data set and in the SpEmp data set differ by up to 75 percent across...
Persistent link: https://www.econbiz.de/10011558127
For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...
Persistent link: https://www.econbiz.de/10008934338