The transition to first-time home-ownership is made at increasingly younger ages in both West Germany and the Netherlands. This trend is stronger in the Netherlands than in Germany, however. There are also marked differences between the two countries in the extent to which first-time...

Using pooled cross-sectional data from the first two waves of the Survey of Health, Ageing and Retirement in Europe, we address the question of whether and how parenthood and marital status are associated with various dimensions of elders’ well-being, which we define by elements of the...

The performance of actively managed mutual funds is largely dependent upon the investment decisions of the responsible fund managers. However, little is known about the behavior of these managers. This survey study sheds light on the decision processes of German fund managers. The design of the...

Systematic research reviews have become essential in all empirical sciences. However, the validity of research syntheses is threatened by the fact that not all studies on a given topic can be summarized. Research reviews may suffer from missing data, and this is especially crucial in those cases...

Purpose – The performance of actively managed mutual funds is largely dependent upon the investment decisions of the fund managers. The purpose of this study is to examine the decision processes in German fund companies and their impact on fund performance. Design/methodology/approach – The...

The paper analyzes hysteresis or persistence effects in Austrian unemployment using formal unit root tests and a simple macroeconometric model of wage-price formation. The empirical results point towards a considerable amount of persistence in unemployment generated by the rising share of...

We investigate how leaving the parental home differs between three countries with different welfare-state and housing systems: the USA, the Netherlands and West Germany. Using longitudinal survey data, we examine the transitions of leaving home to live with and without a partner. We find that,...

CO2 emission allowances are traded nowadays over the counter (OTC) and on exchanges across the European Union (EU). It thus becomes increasingly important for traders of these emission certificates to have a valid CO2 spot price model to value potential derivatives. In addition, CO2-emitting...