The empirical literature of stock market predictability mainly suffers from model uncertainty and parameter instability. To meet this challenge, we propose a novel approach that combines the documented merits of diffusion indices, regime-switching models, and forecast combination to predict the...

We estimate a logit mixture vector autoregressive model describing monetary policy transmission in the euro area over the period 2003Q1-2019Q4 with a special emphasis on credit conditions. With the help of this model, monetary policy transmission can be described as mixture of two states (e.g.,...

We propose Structured Common Project Financing (SCPF) as an stable, beneficial and political feasible financing tool for special purposes, e.g. Corona-Bonds, Green Deal Financing, Common Forces Budget. SCPF is an ABS-based common financing tool managed by a supranational organization like the...

We consider a situation where the sample design of a survey is modified over time in order to save resources. The former design is a classical large-scale survey. The new design is a mixed mode survey where a smaller classical sample is augmented by records of an online survey. For the online...

Innovations in statistical methodology is often accompanied by Monte-Carlo studies. In the context of survey statistics two types of inferences have to be considered. First, the classical randomization methods used for developments in statistical modelling. Second, survey data is typically...

In Reaktion auf die Coronakrise hat das deutsche Parlament bereits im März 2020 die Möglichkeit zur Mietstundung und die Aussetzung der Insolvenzantragspflicht beschlossen. Diese temporären Maßnahmen sollten die Zeit überbrücken, bis staatliche Hilfe die Betroffenen erreicht. Da private...

Multi-stage cluster sampling is a common sampling design of social surveys because populations of interest are often structured by, or partitioned into, disjoint organizational and administrative units. The need to use cluster sampling can conflict with survey planners' goal to select a sample...

Religion Predicting Fertility Behaviour of Young Women in Contemporary GermanyReligion in contemporary Germany is marked by institutionalized outreach as well as increased pluralisation. Religion can thus play a decisive role in fertility behaviour, despite of secularizing tendencies. Religion...

Sexual well-being plays an important role in the quality of life. Against this background, we provide an economics-based approach to the relationship between the Big Five personality traits and various dimensions of sexuality. From a theoretical viewpoint, personality influences sexual...

Recent developments on German real estate markets show a striking increase of rents, especially in larger towns. This development is, however, not homogeneous: The market dynamics vary between different parts of cities and prices develop highly heterogeneously. Therefore, small-scale results are...