Showing 1 - 10 of 1,076
(electricity and heating) in Germany. Using official expenditure data from 1993 to 2008, we estimate an expenditure elasticity for …
Persistent link: https://www.econbiz.de/10011503007
Using the introduction of the euro as a natural experiment, we provide economy-wide evidence for money illusion based on declared donations from German administrative income tax data. Our results suggest a magnitude of the money illusion effect between 2.4% and 7.6%. Compared to previous studies...
Persistent link: https://www.econbiz.de/10011316505
This paper analyses the determination of match attendance in the German premier football league by applying models derived from Peel/Thomas (1992) and Janssens/Késenne (1987). Additionally we develop an improved version, where we incorporate the supporter clubs and the weather conditions as...
Persistent link: https://www.econbiz.de/10011443285
According to the prospect theory financial investors tend to sell winners too early and ride losers too long. Therefore, demand for financial advise should be high in a bull market and low in a bear market. Thus, we test the hypothesis whether the demand for business magazines is somehow related...
Persistent link: https://www.econbiz.de/10011445202
compound procedure of estimation and calibration based on the 1998 wave of the German socioeconomic panel. We estimate a … estimation of collective models with taxation. …
Persistent link: https://www.econbiz.de/10011448527
stated-preference data on vehicle choice from a Germany-wide survey of potential light-duty-vehicle buyers using computer …-assisted personal interviewing. We show that Bayesian estimation of a multinomial probit model with a full covariance matrix is feasible … representing an average of the current vehicle choice situation in Germany. Consumer response to qualitative changes in the base …
Persistent link: https://www.econbiz.de/10009510145
households. The estimation results suggest that the WTP is not mainly determined by socioeconomic attributes like household …
Persistent link: https://www.econbiz.de/10008902231
This paper considers the shape invariant modelling approach in semiparametric regression estimation. Nonparametric … estimation procedure is suggested. √N- consistency of the parameter estimates is proved. Finite sample performance of this …
Persistent link: https://www.econbiz.de/10011448993
This paper investigates the roles psychological biases play in empirically estimated deviations between subjective survival beliefs (SSBs) and objective survival probabilities (OSPs). We model deviations between SSBs and OSPs through age-dependent inverse S-shaped probability weighting functions...
Persistent link: https://www.econbiz.de/10011816303
This paper provides non-parametric estimates of the relation between nutrient intake and age for Czechoslovak individuals, as a function of characteristics of both the individual and the household she lives in, on the basis of household purchases. Results show no significant difference between...
Persistent link: https://www.econbiz.de/10011445193