In this paper, we use GSOEP data to explore whether parents' employment has an extra effect on the school achievement of their children, beyond the well-established effects of education, income and demography. First, we test whether the source of income or parents' unemployment determine...

This study explores the dynamics of monthly metal prices during the past 100 years. On the basis of a unique data set, co-movement, price cycles and long-run trends are analyzed by means of common statistical methods and the results are compared to the findings in the literature. Due to its...

This paper investigates the impact of a changing market environment on the pricing of CDS spreads written on debt from EURO STOXX 50 firms. A Panel Smooth Transition Regression reveals that parameter estimates of standard CDS fundamentals are time-varying depending on current values of a set of...

In this paper we model the dynamics of 100 years long monthly price series of eight non-ferrous and precious metals. Applying the state space framework we impose and identify two common factors related to non-ferrous and precious metals, respectively, which exhibit quite distinct autoregressive...

Climate change may affect subnational regions in very different ways. In this paper, a spatial computable general equilibrium (SCGE) model is constructed and a theoretical framework is developed to study impacts of climate change induced extreme weather events and of corresponding adaptation...

Bei diesem Beitrag handelt es sich um eine erweiterte und um Fußnoten ergänzte Schriftfassung der Achten Wilhelm-Röpke-Vorlesung, die Prof. Dr. Viktor J. Vanberg, Vorstand und Senior Research Fellow am Walter Eucken Institut in Freiburg, am 13. Februar 2014 in der Thüringer Aufbaubank in...

The article proceeds with an introduction into the main definitions of green growth and related concepts and discusses their core defining features. Based thereon, the production framework is introduced and the essential aspects of our definition of green growth are presented. Subsequently, the...

Die Hamburger Industrieunternehmen sind ein bedeutender Faktor für die Schaffung und Sicherung von Arbeitsplätzen in der Hansestadt und dem gesamten Umland. Durch eine weitreichende Branchenvielfalt bildet die Hamburger Industrie den vollständigen Wertschöpfungsprozess ab. Zudem leistet sie...

Die Kammerunion Elbe/Oder (KEO) ist ein Zusammenschluss von 15 deutschen, 6 polnischen und 9 tschechischen Industrie- und Handelskammern, die sich zum Ziel gesetzt hat, gemeinsam die Interessen der Unternehmen der Region auf nationaler und europäischer Ebene zu vertreten. Im Jahr 2010 lebten in...

The Elbe/Oder Chamber Union (KEO) is a consortium of German, Polish and Czech chambers of industry and commerce, which has set itself the goal of jointly representing the interests of companies in the region at a national and European level. In 2010, 37.6 million people lived in the represented...