This paper uses the adaptive LASSO estimator to determine the variables important for economic growth. The adaptive LASSO estimator is a computationally very simple procedure that performs at the same time both consistent parameter estimation and model selection. The methodology is applied to...

This paper uses the adaptive Lasso estimator to determine the variables important for economic growth. The adaptive Lasso estimator is a computationally very simple procedure that can perform at the same time model selection and consistent parameter estimation. The methodology is applied to...

In der gesetzlichen Krankenversicherung (GKV) müssen einige Versicherte einen geringeren, andere einen höheren als den versicherungstechnisch äquivalenten Beitrag entrichten. Die dadurch bewirkte Umverteilung wird in der Sozialpolitik als sozialer Ausgleich bezeichnet. Der Beitrag entwickelt...

Annual, before-tax income is the most common official statistic used to measure economic well-being and therefore underlies the design of most anti-poverty programs or other redistributive economic policies. Notwithstanding, extended income measures as well as consumption based measures are...

Population aging and changing family patterns have made elder care an important issue. In 1994, German law-makers enacted a major reform in the country' s long-term care policy, the Dependency Insurance Act (DIA). How, and in what way, will the relative use of formal and informal long-term care...