<?xml version="1.0" encoding="UTF-8"?>
<rdf:RDF xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns="http://purl.org/rss/1.0/" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:taxo="http://purl.org/rss/1.0/modules/taxonomy/">
  <channel>
    <title>EconStor Community: Bamberg Economic Research Group, Universität Bamberg</title>
    <link>http://hdl.handle.net/10419/160</link>
    <description>Bamberg Economic Research Group, Bamberg University</description>
    <items>
      <rdf:Seq>
        <rdf:li resource="http://hdl.handle.net/10419/67384" />
        <rdf:li resource="http://hdl.handle.net/10419/67384" />
        <rdf:li resource="http://hdl.handle.net/10419/66138" />
        <rdf:li resource="http://hdl.handle.net/10419/66137" />
      </rdf:Seq>
    </items>
  </channel>
  <image>
    <title>EconStor</title>
    <url>http://www.econstor.eu/retrieve/99873</url>
    <link>http://hdl.handle.net/10419/160</link>
  </image>
  <textInput>
    <title>The Community's search engine</title>
    <description>Search the Channel</description>
    <name>search</name>
    <link>http://www.econstor.eu/simple-search</link>
  </textInput>
  <item rdf:about="http://hdl.handle.net/10419/67384">
    <title>The bull and bear market model of Huang and Day : Some extensions and new results</title>
    <link>http://hdl.handle.net/10419/67384</link>
    <description>Title: The bull and bear market model of Huang and Day : Some extensions and new results
&lt;br/&gt;
&lt;br/&gt;Authors: Tramontana, Fabio; Westerhoff, Frank; Gardini, Laura
&lt;br/&gt;
&lt;br/&gt;Abstract: We develop a financial market model with interacting chartists and fundamentalists that embeds the famous bull and bear market model of Huang and Day as a special case. Their model is given by a one-dimensional continuous piecewise-linear map. Our model, on the other hand, is more flexible and is represented by a one-dimensional discontinuous piecewise-linear map. Nevertheless, we are able to provide a more or less complete analytical treatment of the model dynamics by characterizing its possible outcomes in parameter space. In addition, we show that quite different scenarios can trigger real-world phenomena such as bull and bear market dynamics and excess volatility.</description>
  </item>
  <item rdf:about="http://hdl.handle.net/10419/67384">
    <title>The bull and bear market model of Huang and Day : Some extensions and new results</title>
    <link>http://hdl.handle.net/10419/67384</link>
    <description>Title: The bull and bear market model of Huang and Day : Some extensions and new results
&lt;br/&gt;
&lt;br/&gt;Authors: Tramontana, Fabio; Westerhoff, Frank; Gardini, Laura
&lt;br/&gt;
&lt;br/&gt;Abstract: We develop a financial market model with interacting chartists and fundamentalists that embeds the famous bull and bear market model of Huang and Day as a special case. Their model is given by a one-dimensional continuous piecewise-linear map. Our model, on the other hand, is more flexible and is represented by a one-dimensional discontinuous piecewise-linear map. Nevertheless, we are able to provide a more or less complete analytical treatment of the model dynamics by characterizing its possible outcomes in parameter space. In addition, we show that quite different scenarios can trigger real-world phenomena such as bull and bear market dynamics and excess volatility.</description>
  </item>
  <item rdf:about="http://hdl.handle.net/10419/66138">
    <title>Do literacy and numeracy pay off? On the relationship between basic skills and earnings</title>
    <link>http://hdl.handle.net/10419/66138</link>
    <description>Title: Do literacy and numeracy pay off? On the relationship between basic skills and earnings
&lt;br/&gt;
&lt;br/&gt;Authors: Antoni, Manfred; Heineck, Guido
&lt;br/&gt;
&lt;br/&gt;Abstract: Is there a reward for basic skills in the German labor market? To answer this question, we examine the relationship between literacy, numeracy and monthly gross earnings of full-time employed workers. We use data from the ALWA survey, augmented by test scores on basic cognitive skills as well as administrative earnings data. Our results indicate that earnings are positively related to both types of skills. There furthermore is no evidence for non-linearity in this relationship and only little heterogeneity when differentiating by sub-groups.</description>
  </item>
  <item rdf:about="http://hdl.handle.net/10419/66137">
    <title>The social welfare function of forests in the light of the theory of public goods</title>
    <link>http://hdl.handle.net/10419/66137</link>
    <description>Title: The social welfare function of forests in the light of the theory of public goods
&lt;br/&gt;
&lt;br/&gt;Authors: Seregi, János; Lelovics, Zsuzsanna; Balogh, László
&lt;br/&gt;
&lt;br/&gt;Abstract: Differentiation between public and private goods is very complex and difficult. In this article, authors overview these definitions and also the theories about private and public goods to apply this knowledge in the determination of the social welfare functions of forests, the utilization and the tasks of the government. The welfare functions of forests, the tasks of the owner and also the way of utilization of the forest is differing between public and private forests. This overview can help to determine these functions and tasks and also find the best ways of utilization.</description>
  </item>
</rdf:RDF>

