This paper provides an empirical analysis of the structure of earnings in West Germany across skill groups and industries. Our analysis is based on data from the German Socioeconomic Panel for the period 1984 to-1994. We estimate quantile regressions, both for the entire sample period and for...

This paper provides an empirical analysis of the structure of earnings in West Germany across skill groups and industries. Our analysis is based on data from the German Socioeconomic Panel for the period 1984 to-1994. We estimate quantile regressions, both for the entire sample period and for...

Seit Sommer 2016 fördert die deutsche Bundesregierung den Kauf eines neuen Elektroautos mit einer Umweltprämie für Käufer in Höhe von 4.000 Euro und einer zehnjährigen Kfz-Steuerbefreiung. Tatsächlich wird die Förderung jedoch kaum in Anspruch genommen und die Nachfrage nach Elektroautos...

In West Germany, social assistance expenditures increased by about 240% in the period 1980 to 1996 whereas total public expenditures increased by only about 80%. The paper examines the determinants as well as the financing of social assistance expenditures using a cross section of the West...

This paper provides an empirical analysis of the structure of earnings in West Germany across skill groups and industries. Our analysis is based on data from the German Socioeconomic Panel for the period 1984 to 1994. We estimate quantile regressions, both for the entire sample period and for...

Based on a more realistic assumption, we modify the Taylor regression. The modified Taylor regression gives an explanation of why the (standard) Taylor regression is spurious (in the econometric sense, i.e. no stable relationship among the variables of interest) and, at the same time, a solution...

In this paper, we quantify the dynamics of absolute excess returns on stock markets depending on three factors: the average of the absolute excess return, the level of the stock price, and stock market volatility. We also argue that the absolute excess return can be regarded as an empirical...