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Is a secondary currency essential? - On the welfare effects of a new currency
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Testing Investment Forecast Efficiency with Forecasting Narratives
I analyze the narratives that accompany business cycle forecasting reports of three German institutes using topic models. To this end, I gather multiple similar topics into... -
The Nonlinear Dynamics of Corporate Bond Spreads: Regime-Dependent Effects of...
This paper studies the behavior of corporate bond spreads during different market regimes between 2004 and 2016. Applying a Markov-switching vector autoregressive (MS-VAR)... -
Data for 37 Brazilian banks
In data envelopment analysis, returns to scale (RTS) are a widely accepted instrument for a company to reveal its activity scaling potentials. In the case of increasing returns... -
The Evolution of Immigrants' Homeownership in Germany (replication data)
Recently, the homeownership rate of immigrants in Germany has increased by more than 20 percentage points. To shed light on this sharp rise, this paper investigates the driving... -
Public Investment Subsidies and Firm Performance – Evidence from Germany – re...
This paper assesses firm-level effects of the single largest investment subsidy programme in Germany. The analysis considers grants allocated to firms in East German regions... -
The incidence of agricultural subsidies on rental rates for grassland (replic...
This paper examines the impact of agricultural subsidies on rental rates for grassland. In theory, the capitalization of subsidies into grassland rents has become increasingly... -
Active on many foreign markets (replication code)
These are the do-files used to compute the results reported in: Joachim Wagner, Active on many foreign markets: A portrait of German multi-market exporters and importers from... -
Matching as non-parametric preprocessing for the estimation of equivalence sc...
Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before the estimation, observations are preselected to obtain a sufficiently... -
Does Social Media Increase Labour Productivity?
Social media applications such as wikis, blogs or social networks are being increasingly applied in firms. These applications can be used for external communication and internal... -
Group Decision Making in a Corruption Experiment: China and Germany Compared ...
This paper reports on an experimental investigation of individual versus group decision making in a corruption experiment. -
Religious Loyalty and Acceptance of Corruption (replication data)
This study investigates the relationship between religiously-induced internalized values of individuals and their specific attitudes regarding the acceptance of corruption. The... -
Determinants of Willingness to Bribe: Micro Evidence from the Educational Sec...
We use a unique dataset based on reported direct personal bribes paid by arts students in China at examinations and in the college admissions process to study willingness to... -
Bribing Behaviour and Sample Selection: Evidence from Post-Socialist Countrie...
The Life in Transition Survey II, conducted jointly by the EBRD and the World Bank in late 2010, surveyed almost 39,000 households in 34 countries, mainly in the former... -
Corruption and Productivity: Firm-level Evidence (replication data)
This paper uses the 2009 EBRD/World Bank Business Environment and Enterprise Performance Survey (BEEPS) of firms in 28 transition and developed countries. The data set and...