The paper reconstructs the origins of the quantity theory of money and its applications. Referring to the history of money, it is shown that the theory was flexible enough to adapt to institutional change and could thus maintain its actuality. To this day, it is useful as an analytical...

This contribution examines whether the share price of the Borussia Dortmund GmbH & Co. KgaA (BVB) behaves according to the (capital) market efficiency hypothesis of Fama (1970). The weak form of capital market inefficiency, according to which past share prices cannot be used for predictions in...

Geduld als Basis für Lebenserfolg ist nicht nur eine Frage der Biologie und Vererbung, sondern die Eltern-Kind-Interaktion und frühkindliche Sozialisation, scheint auch im Bereich der Zeitpräferenz die „Wiege des Handelns“ zu sein. In der vorliegenden Studie werden anhand einer...

Based on data from the German Socio-Economic Panel (SOEP), this paper presents two new tools for the identification of faked interviews in surveys. One method is based on Benford's Law, and the other exploits the empirical observation that fakers most often produce answers with less variability...