Die von wirtschaftlichen Umbrüchen geprägten Jahre nach der Wiedervereinigung waren für viele Ostdeutsche mit zunehmender Unsicherheit verbunden, während die Veränderungen in Westdeutschland weitaus weniger gravierend waren. In der Folge kam es in den 90er Jahren zu einem massiven Rückgang...

The aim of this paper is to construct a multidimensional poverty indicator, to detect the main poverty risk focuses in Spain. The indicator, which has been developed through a second-order factor analysis, consists of an objective and a subjective part, which incorporate various dimensions such...

The aim of this study is to present the most important factors that explain multidimensional poverty in Spain, highlighting the relationships between the explanatory elements themselves in the spirit of enhancing the effects of poverty policy. For this purpose, we have designed a Structural...

Mit der bundesweiten Einführung des Elterngeldes für Geburten ab dem 1.1.2007 wurde das Erziehungsgeld abgelöst. An die Stelle eines Transfers, der nach Prüfung der Bedürftigkeit gezahlt wurde, trat eine Einkommensersatzleistung. Zudem wurde die Bezugsdauer von maximal zwei Jahren auf in...

This paper investigates the relationship between the magnitude of automatic stabilizers in the tax and transfer systems of 19 EU countries and the US, and discretionary fiscal stimulus packages passed by these countries during the recent economic crisis. In particular, we ask whether countries...

This note examines the balance of activation strategies in OECD countries, where this type of policy approach has a long tradition. Countries share the objective of strengthening employment and reducing benefit dependency and vulnerability among the working-age population, but the balance of...

We study the effect of a household subsidy to induce the adoption of more efficient and less polluting wood combustion technologies. We compare, through numerical simulations, several subsidy designs with respect to the impact on aggregate emissions, costs, and cost-effectiveness indicators. Two...

Status quo bias is a systematic cognitive error which makes it difficult for individuals to make decisions independently of the currently dominant situation. This study pursues the question of whether bond market analysts are affected by status quo bias. We evaluated interest rate forecast...

The paper investigates the importance of probability weighting in financial decisions and examines the degree to which risk-taking behavior deviates from expected utility theory in the presence of probability weighting. A group of professional traders participates in an experiment, whose data...

Labor market policies succeed or fail at least in part depending on how well they reflect or account for behavioral responses. Insights from behavioral economics, which allow for realistic deviations from standard economic assumptions about behavior, have consequences for the design and...