This mea discussion paper presents excerpts of the International Savings Comparison Project covering household savings behaviour in seven countries. The whole series of comparative country studies can be found in a special issue of the journal “Research in Economics”, Volume 55, Number 2,...

Üblicherweise werden Unsicherheiten bei Bevölkerungsprognosen mit Hilfe der Szenarientechnik abgebildet. Unter Annahme von begründeten Szenarienparametern, die eine gewisse Bandbreite von zukünftig zu erwartenden demographischen Raten (Geburten- und Sterberaten, Nettomigration) abdecken,...

Ageing is one of the greatest social and economic challenges of the 21st century in Europe. SHARE, a EU-sponsored project that will build up a Survey of Health, Aging and Retirement in Europe, will be a fundamental resource for science and public policy to help mastering this unprecedented...

The nested logit model h s become an important tool for the empirical n lysis of discrete outcomes.There is some confusion about its speci fication of the outcome prob bilities.Two m jor v riants show up in the liter ture.This paper compares both nd finds th t one of them (called random...

Causal inference in the empirical sciences is based on counterfactuals. This paper presents the counterfactual account of causation in terms of Lewis's possible-world semantics, and reformulates the statistical potential outcome framework and its underlying assumptions using counterfactual...

In this paper we investigate how the expulsion of a player influences the outcome of a football match. Common sense implies a negative impact for the affected team. However, an old football myth suggests that such an expulsion might also be beneficial since it increases the team spirit as well...