The life span between the mid-twenties and the late thirties is characterised by multiple demands. In recent years, the expression 'rush hour of life' has been used to describe periods of time when conflicting demands are felt most acutely, in particular related to family formation and fertility.

Decisions to divorce could be affected by a number of characteristics of the local community. Community characteristics may be barriers to divorce (e.g. strong social control) or increase the attractiveness of divorcing (e.g. through access to a good remarriage market), but our knowledge of such...

In den 200 größten Unternehmen weltweit entfiel im Juni 2004 nur etwa ein Zehntel aller Sitze in den Aufsichtsräten (Boards) auf Frauen. Hierzu gehören 22 Unternehmen mit einem Frauenanteil von mindestens 25 % im Aufsichtsrat, darunter drei deutsche Unternehmen. Diese Positionierung geht...

Seit geraumer Zeit werden in einigen Ländern Straßenbenutzungsgebühren in Innenstädten (City-Maut) zur Verkehrsbeeinflussung sowie zur Finanzierung von Verkehrsinvestitionen erhoben. In den Städten, in denen eine City-Maut zur Verkehrsbeeinflussung eingesetzt wurde, konnte meist eine...

This paper assesses empirically the effects of oil price shocks on the real economic activity of the main industrialised countries. Multivariate VAR analysis is carried out using both linear and nonlinear models. The latter category includes three approaches employed in the literature, namely,...

How do the complex institutions involved in wage setting affect wage changes? The International Wage Flexibility Project provides new microeconomic evidence on how wages change for continuing workers. We analyze individuals’ earnings in 31 different data sets from sixteen countries, from which...

This paper investigates whether the real oil price has an impact on the real exchange rates of three main oil-exporting countries: Norway, Russia and Saudi Arabia. We create our measure of the real effective exchange rates for Norway and Saudi Arabia (1980-2006) and for Russia (1995-2006),...

Over the last two centuries, the cross-spectral coherence between either narrow or broad money growth and inflation at the frequency ω=0 has exhibited little variation–being, most of the time, close to one–in the U.S., the U.K., and several other countries, thus implying that the fraction...

This paper conducts a comparative analysis of the performances of the forward guidance strategies adopted by the Reserve Bank of New Zealand, the Norges Bank and the Riksbank, with the aim to gauge whether forward guidance via publication of an own interest rate path enhances a central bank’s...

This paper studies the impacts on Western European CO2 emissions of a reduction in Norwegian gas sales. Such impacts are due to changes in energy demand, energy supply, and environmental and political regulations. The gas supply model DYNOPOLY is used to analyse the effects on Russian and...