Institut für Volkswirtschaftslehre
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Browsing Institut für Volkswirtschaftslehre by Classification "300"
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Publication A data–cleaning augmented Kalman filter for robust estimation of state space models(2015) Marczak, Martyna; Proietti, Tommaso; Grassi, StefanoThis article presents a robust augmented Kalman filter that extends the data– cleaning filter (Masreliez and Martin, 1977) to the general state space model featuring nonstationary and regression effects. The robust filter shrinks the observations towards their one–step–ahead prediction based on the past, by bounding the effect of the information carried by a new observation according to an influence function. When maximum likelihood estimation is carried out on the replacement data, an M–type estimator is obtained. We investigate the performance of the robust AKF in two applications using as a modeling framework the basic structural time series model, a popular unobserved components model in the analysis of seasonal time series. First, a Monte Carlo experiment is conducted in order to evaluate the com- parative accuracy of the proposed method for estimating the variance parameters. Second, the method is applied in a forecasting context to a large set of European trade statistics series.Publication Are sociocultural factors important for studying a science university major?(2015) Grossmann, Volker; Osikominu, Aderonke; Osterfeld, MariusThis paper examines the role of the sociocultural background of students for choosing STEM fields in university. We combine rich survey data on university graduates in Switzerland with municipality level information from the census as well as nationwide elections and referenda to characterize a students home environment with respect to religious and political attitudes towards gender equality and science-related issues. Our empirical estimates are based on a structural Roy model which accounts for differences in costs (relative distance to the next technical university) and earnings across majors as well as for selection bias. Our findings suggest that male students from conservative municipalities are more likely to study a STEM field, whereas the sociocultural background plays little role for the major choice of females.Publication Curtailment of civil liberties and subjective life satisfaction(2021) Windsteiger, Lisa; Ahlheim, Michael; Konrad, Kai A.This analysis focuses on the lockdown measures in the context of the Covid-19 crisis in Spring 2020 in Germany. In a randomized survey experiment, respondents were asked to evaluate their current life satisfaction after being provided with varying degrees of information about the lethality of Covid-19. We use reactance as a measure of the intensity of a preference for freedom to explain the variation in the observed subjective life satisfaction loss. Our results suggest that it is not high reactance alone that is associated with large losses of life satisfaction due to the curtailment of liberties. The satisfaction loss occurs in particular in combination with receiving information about the (previously overestimated) lethality of Covid-19.Publication Detailed RIF decomposition with selection : the gender pay gap in Italy(2017) Töpfer, MarinaIn this paper, we estimate the gender pay gap along the wage distribution using a detailed decomposition approach based on unconditional quantile regressions. Non-randomness of the sample leads to biased and inconsistent estimates of the wage equation as well as of the components of the wage gap. Therefore, the method is extended to account for sample selection problems. The decomposition is conducted by using Italian microdata. Accounting for labor market selection may be particularly relevant for Italy given a comparably low female labor market participation rate. The results suggest not only differences in the income gap along the wage distribution (in particular glass ceiling), but also differences in the contribution of selection effects to the pay gap at different quantiles.Publication International student mobility, student exchange programs, and migration : evidence from gravity estimations(2022) Reczkowski, Isabella; Felbermayr, GabrielThe thesis is dedicated to the empirical investigation of international student mobility and is divided into eight chapters. The introductory chapter 1 describes the motivation for the thesis and provides a brief overview of the current literature and the gap that this dissertation fills. Chapter 2 discusses the rationales for cross-border education, describing the four approaches of the OECD (2004) for international student mobility: the mutual understanding approach, the skilled migration approach, the revenue-generating approach, and the capacity building approach. The chapter then discusses the challenges resulting from international student mobility. Besides the brain drain and brain gain phenomenon that occurs when international students decide to work abroad, international student mobility raises the question of how to provide equal access to higher education and ensure the same level of quality and accreditation across the board. Furthermore, the chapter includes a detailed discussion on the challenges that arise when higher education is mainly publicly financed in a world where students and graduates are mobile. This is mainly the case in Europe, whereas students in other countries are accustomed to paying for higher education. Chapter 3 goes on to describe the data on international student mobility used in this work. Since data for years prior to 1998 are only available from printed UNESCO Statistical Yearbooks, this dissertation has constructed a new database entering the data manually for the years 1970 to 1997 for 29 destination countries and almost all countries of origin. The chapter demonstrates that student mobility increased sharply. Starting with an average number of roughly 460 thousand students in the first period covering the years 1970 to 1974, the number grew by a factor of about 8 to roughly 3.7 million students in the last period covering the years 2010 to 2015. This number is strongly concentrated on a few destination and origin countries: while the concentration in the destination countries decreased over the decades which were analyzed, with the top five countries accounting for about 77 percent in the 1970s and 50 percent in the period 2000 to 2015, the concentration in the origin countries increased from about 23 to 33 percent. The decreasing concentration of destination countries demonstrates the strong competition among these countries trying to attract international students. In order to better understand this concentration, chapter 4 provides a descriptive analysis of destination and origin countries. Apart from the five main Anglo-Saxon destination countries–the United States, the United Kingdom, Australia, Canada, and New Zealand–the European countries France and Germany have always been among the most important destination countries since 1970. Furthermore, Russia and Japan have played an important role and some Asian, European, and Arab countries have also recently emerged as important destination countries. The countries that send the most students abroad are Asia-Pacific Rim countries followed by European countries. With this in mind, three groups of countries have had a major impact on student mobility: Europe, Asia-Pacific countries, and Anglo-Saxon countries. In contrast to the other regions, student mobility in Europe is supported by policy-makers and instruments which are supported by large investments. Therefore, this work strives to investigate the effects of the two famous European programs which were introduced to promote student mobility: the student exchange program Erasmus that was launched in 1987, and the Bologna Process that began in 1999. Chapter 5 strives to test the hypothesis of whether the student exchange program Erasmus increases student mobility between the member countries. The chapter uses data on international student mobility for the years 1999 to 2015 obtained from the electronic UNESCO database for 155 host and 187 origin countries which are merged with a dummy variable on joint membership in the Erasmus program. Using these panel data in a theory-grounded gravity model by running fixed effects methods, the chapter finds that student mobility between Erasmus member countries is, on average, about 53 percent higher. To address the causality question, the chapter follows Wooldridge (2002) and performs an F-test for strict exogeneity and finds a positive causal effect on international student mobility. This effect is more stable for the time during and after the economic crisis. Furthermore, student exchange between Erasmus countries seems to occur more in favor of cultural experience and is not based on economic factors. Chapter 6 repeats these estimates controlling additionally for joint membership in the Bologna Process and finds that student mobility between Bologna Process members is, on average, about 50 percent higher. Importantly, both European programs–Erasmus and the Bologna Process–turn out to be significant determinants separately. Estimating the effect for the time before and after the establishment of the European Higher Education Area (EHEA) shows that the impact is higher and more stable since the EHEA was established in 2010. These findings suggest that the Erasmus program and the Bologna Process have fulfilled their goals of increasing student mobility and, therefore, justify their budget. Since the skilled migration approach argues that countries attract international students hoping that they stay in the country of studies afterwards and increase the stock of highly-skilled workers, chapter 7 investigates the question: to what extent do countries that attract foreign students benefit from an increased stock of educated foreign workers? Using information from the UNESCO Statistical Yearbooks, the chapter constructs a new panel database of bilateral international student mobility for 150 origin countries, 23 host countries for the years 1970 to 2000. These data are matched with information on bilateral stocks of international migrants by educational attainment from Docquier et al. (2008), available for 1990 and 2000. Running theory-founded gravity models by conditional fixed effects Poisson Pseudo Maximum Likelihood methods, this chapter finds that, on average, an increase of students by 10 percent increases the stock of tertiary educated workers in host countries by about 0.9 percent. That average effect is, however, entirely driven by Anglo-Saxon countries. On average, the results imply a student retention rate of about 70 percent. These findings suggest that the costs of educating foreign students are at least partially offset by increased availability of foreign talent. Finally, the last chapter 8 concludes.Publication Livestock asset dynamics among pastoralists in Northern Kenya(2017) Sousa-Poza, Alfonso; Mburu, Samuel; Kaiser, MichaUnderstanding household-level asset dynamics has important implications for designing relevant poverty reduction policies. To advance this understanding, we develop a microeconomic model to analyze the impact of a shock (for example a drought) on the behavioral decisions of pastoralists in Northern Kenya. Using household panel data this study then explores the livestock asset dynamics using both non-parametric and semi-parametric techniques to establish the shape of the asset accumulation path and to determine whether multiple equilibria exist. More specifically, using tropical livestock units as a measure of livestock accumulation over time, we show not only that these assets converge to a single equilibrium but that forage availability and herd diversity play a major role in such livestock accumulation.Publication Perceived wages and the gender gap in STEM fields(2018) Pfeifer, Gregor; Osikominu, AderonkeWe estimate gender differences in elicited wage expectations among German Uni- versity students applying for STEM and non-STEM fields. Descriptively, women expect to earn less than men and also have lower expectations about wages of average graduates across different fields. Using a two-step estimation procedure accounting for self-selection, we find that the gender gap in own expected wages can be explained to the extent of 54-69% by wage expectations for average graduates across different fields. However, gender differences in the wage expectations for average graduates across different fields do not contribute to explaining the gender gap in the choice of STEM majors.Publication Preschool child care and child well-being in Germany : does the migrant experience differ?(2017) Kaiser, Micha; Bauer, Jan M.Because the value of preschool child care is under intensive debate among both policy - makers and society in general,this paper analyzes the relation between preschool care and the well-being of children and adolescents in Germany. It also examines differences in outcomes based on child socioeconomic background by focusing on the heterogeneous effects for migrant children. Our findings, based on data from the German Health Interview and Examination Survey of Children and Adolescents, suggest that children who have experienced child care have a slightly lower well-being overall. For migrant children, however, the outcomes indicate a positive relation.Publication The return of happiness : resilience in times of pandemic(2022) Ahlheim, Michael; Kim, In Woo; Vuong, Duy ThanhMany papers have been written about peoples loss of life satisfaction during the first wave of the COVID-19 pandemic in 2020, but not much has been said about their resilience after the first shock had passed. Were people able to return, at least in part, to their original level of life satisfaction? This amounts to the question to which degree people had shown psychological resilience during the first wave of the COVID-19 crisis. In this context, it is also of interest which internal and external factors supported a persons tendency to prove resilient during the crisis. Based on an online survey conducted in August / September 2020 in Germany we try to answer these questions. We find that after a loss of average life satisfaction during the first three months after the outbreak of the pandemic in Germany many peoples life satisfaction increased again. Roughly 60% of the respondents proved resilient in the sense that eight months after the outbreak of the pandemic they had regained the same or an even higher level of life satisfaction as compared to the situation before the COVID-19 crisis. Our results show that besides socioeconomic characteristics like age and income and certain character traits, peoples personal experience during the crisis and their approval or disapproval of government policy during the crisis had an important influence on their chance to prove resilient. Therefore, a consistent and competent crisis communication building up trust in governments crisis management capacity is essential for peoples resilience in a crisis.