Hohenheimer Diskussionsbeiträge

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Government decentralization as a disincentive for transnational terror? : an empirical analysis
(2009) Fischer, Justina A. V.; Dreher, Axel
Using panel data for a maximum of 109 countries over the years 1976-2000, we empirically analyze the impact of decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of transnational terror events in a country, while political decentralization has no impact. These results are robust to the choice of control variables and method of estimation.
The effect of pension generosity on early retirement : a microdata analysis for Europe from 1967 to 2004
(2009) Sousa-Poza, Alfonso; Fischer, Justina A. V.
Using pseudo-panel microdata we show that pension generosity affects early retirement decisions. The changes in the average replacement rate and decreases in wealth accrual between 1967 and 2004 have caused an increase in early retirement probabilities from 16% to 63%.