The majority of empirical studies make use of the assumption of stable preferences in searching for a relationship between risk attitude and the decision to become and stay an entrepreneur. Yet empirical evidence on this relationship is limited. In this paper, we show that entry into...

As of the start of 2005, plans within the European Union provide for carbon dioxide emissions to be limited by a so-called cap-and-trade system for the most energy-intensive industries in all 25 EU member states. The scheme is based on the emissions trading directive ("Directive 2003/87/EC of...

We study the impact of gender quotas on the acquisition of human capital. We assume that individuals’ formation of human capital is influenced by the prospect of landing high-pay top positions, and that these positions are regulated by gender-specific quotas. In the absence of quotas, women...

Fernsehen kann heutzutage als Freizeitbeschäftigung Nummer eins angesehen werden. Angesichts der großen Bedeutung dieses Mediums geht der Beitrag der Frage nach, ob Fernsehkonsum unser Verhalten und unsere Präferenzen beeinflusst. Um einen potenziellen Effekt methodisch einwandfrei...

The majority of empirical studies make use of the assumption of stable preferences in searching for a relationship between risk attitude and the decision to become and stay an entrepreneur. Yet empirical evidence on this relationship is limited. In this paper, we show that entry into...

We study the impact of gender quotas on the acquisition of human capital. We assume that individuals’ formation of human capital is influenced by the prospect of landing high-pay top positions, and that these positions are regulated by gender-specific quotas. In the absence of quotas, women...

The paper addresses the question of whether TV consumption has an impact on material aspirations. We exploit a natural experiment that took place during the period in which Germany was divided. Owing to geographical reasons TV programs from the Federal Republic of Germany could not be received...

We study the impact of gender quotas on the acquisition of human capital. We assume that individuals' formation of human capital is influenced by the prospect of landing high-pay top positions, and that these positions are regulated by gender-specific quotas. In the absence of quotas, women...

Aus Anlass des Jahrestages hat das Institut für Wirtschaftsforschung Halle (IWH) die Broschüre „25 Jahre nach dem Mauerfall: Wirtschaftliche Integration Ostdeutschlands im Spiegel der Forschung am IWH“ herausgegeben. Ein Überblickstext und 25 Abbildungen zeichnen wichtige ökonomische...

In this letter, we overcome the existing shortages with respect to the assignment of individuals to reference groups and are the first to show that individual aversion to relative deprivation plays a decisive role in shaping migration preferences.