In der vorliegenden Arbeit wird die Reaktion des DAX auf makroökonomischen Konjunkturmeldungen in Form von Veröffentlichungen des ZEWFinanzmarkttests untersucht. Zur Messung der Reaktion stehen die 15-Sekunden-Intraday- Realisationen des XDAX zur Verfügung. Die mittels Vergleich von...

Dieser Artikel stellt theoretische Argumente und empirische Fakten der in Sicherungsverwahrung befindlichen Inhaftierten in Deutschland dar. Zudem gibt er einen kurzen Überblick über relevante Gesetzesinhalte sowie eine kurze Zusammenfassung über die Geschichte der Sicherungsverwahrung in...

In this paper, I investigate employment behaviour of women one year after childbirth. Since the study is based on a sample of mothers only, a corrective method for selection into motherhood has been applied. In the empirical work, I use the family sex composition as an instrument for fertility....

The gender relationship, characterised to a high degree by the gender-specific division of labour into paid work and housework, is in the process of change. In Germany, however, housework continues to be considered a typically female chore. The present study considers the empirical relevance of...

Gemäß der klassischen ökonomischen Theorie der Kriminalität sollte ein Anstieg der erwarteten Strafe (also des Produktes aus Strafwahrscheinlichkeit und Strafmaß) eine Reduktion der Kriminalität bewirken. In der empirischen Analyse gestaltet sich ein Test dieser überschaubar anmutenden...

We estimate the effect of age of school entry on educational attainment using three different data sets for Germany, sampling pupils at the end of primary school, in the middle of secondary school and several years after secondary school. Results are obtained based on instrumental variable...

In this paper, we investigate the gender wage differentials for Switzerland. Using micro data from the Swiss Labour Force Survey, we apply a matching method to decompose the wage gap in Switzerland. Compared to the traditional Oaxaca-Blinder decomposition, this nonparametric technique does not...

Rising wage inequality in the U.S. and Britain and rising continental European unemployment have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the unskilled, combined with flexible wages in the Anglo-Saxon...

This paper analyzes liability issues in the context of internationally traded goods like hazardous waste. If waste disposers of a small open economy are judgement-proof, then the extension of liability to waste exporters distorts the factor allocation and may reduce disposal care. Hence the...