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on German Papers |
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Issue of 2010‒09‒18
three papers chosen by Roberto Cruccolini Ludwig-Maximilians-Universitat Munchen |
| By: | Pfeffer, Annamaria |
| Abstract: | Dieser Artikel zeigt, dass eine Subvention der heimischen Kreditzinsen zu einem Rückgang der Auslandsverschuldung führen kann. Ausgehend von der Mittelwert-Varianz- und der Erwartungsnutzentheorie wurde ein Modell entwickelt, in dessen Rahmen der Wirtschaftsakteur sein internationales Kreditportfolio optimiert. Eine Einbeziehung der Zinsparitätenbedingung war in der Analyse jedoch nicht zielführend. In den Modellrahmen wird eine staatliche Zinssubvention eingeführt und ihre theoretische Wirkung auf die Fremdwährungsverschuldung der Haushalte untersucht. -- |
| Keywords: | External Debt,Interest Rate Subsidies,Mean-Variance Analysis |
| JEL: | E62 F34 G11 |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:bamber:72&r=ger |
| By: | Lutz Schneider; Alexander Kubis; D. Wiest |
| Abstract: | In the public debate, the brain drain from East Germany is supposed to be the most critical trend regarding the development and catching-up of the New Länder. Therefore, potential for in- and re-migration has attracted much attention at least in the political context. Our contribution analyses the re-migration potential on the basis of data from a DFG research project focussing on the re-migration intentions of people formerly emigrated from Saxony-Anhalt. The analysis concentrates on the following aspects: the effect of job market success after emigration; the impact of social ties to the origin and the host region and on the selectivity of re-migration preferences. The econometric results confirm several expected effects: On the one hand an individual’s job market success reduces the intention to return. Likewise, the re-migration preference increases for people whose expectations were disappointed. On the other hand, the relevance of social ties to the origin region for re-migration dispositions is confirmed by the estimations. Yet, regarding selectivity of re-migration preferences in terms of human capital econometric results are somewhat ambiguous. |
| Keywords: | Return migration, regional convergence, East Germany |
| JEL: | J61 R23 |
| Date: | 2010–09 |
| URL: | http://d.repec.org/n?u=RePEc:iwh:dispap:17-10&r=ger |
| By: | Denis Beninger; Holger Bonin; Julia Horstschräer; Grit Mühler |
| Abstract: | German family policy underwent a reform in 2007, when the new instrument of "Elterngeld" replaced the previous "Erziehungsgeld". The transfer programs differ in various dimensions. We study the effects on the labor supply of young mothers, by comparing behavior before and after the reform. We separately consider women of high and low incomes, which were treated differently under the old "Erziehungsgeld"-regime, and differentiate the periods before and after the expiration of transfer receipt. Our results mainly confirm expectations based on a labor supply framework. |
| Keywords: | Behavioral microsimulation, day care, family policy, Germany |
| JEL: | J13 D13 H23 |
| Date: | 2010 |
| URL: | http://d.repec.org/n?u=RePEc:diw:diwsop:diw_sp316&r=ger |