The paper investigates which impact housing costs have upon the tenure choice of households. In using the German "Einkommens- und Verbrauchsstichprobe 1993" a rich amount of both, individual household and dwelling data is available. By means of regression analysis hedonic rental costs and...

Since attrition in the European Community Household Panel (ECHP) has cumulated to a considerable extent, there is concern that attrition biases empirical analysis. In this paper we compare the performance of four different strategies for estimating an earnings equation in the presence of panel...

The question of whether or not mergers and acquisitions have helped to enhance banks' efficiency and profitability has not yet been conclusively resolved in the literature. We argue that this is partly due to severe methodological problems involved. In this study we analyze the effect of German...

We suggest a new parametric approach to estimate the extent of downward nominal wage rigidity in ten European countries between 1995 and 2001. The database used throughout is the User Data Base of the European Community Household Panel (ECHP). The proposed approach is based on the generalized...

We analyze wage growth and changes in wage inequality in eleven European countries between 1994 and 2001. The data base used throughout is the User Data Base (UDB) of the European Community Household Panel (ECHP). The decomposition analysis is carried out independently for both genders....