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    <title>EconStor Collection: RWI Discussion Papers</title>
    <link>http://hdl.handle.net/10419/14</link>
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      <title>Identifying the rebound : theoretical issues and empirical evidence from a German household panel</title>
      <link>http://hdl.handle.net/10419/18608</link>
      <description>Title: Identifying the rebound : theoretical issues and empirical evidence from a German household panel
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&lt;br/&gt;Authors: Frondel, Manuel; Peters, Jörg; Vance, Colin
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&lt;br/&gt;Abstract: Using a panel of household travel diary data collected in Germany between 1997 and 2005, this study assesses the effectiveness of fuel efficiency improvements by econometrically estimating the rebound effect, describing the extent to which higher efficiency causes additional travel.Following a theoretical discussion outlining three alternative definitions of the rebound effect, the econometric analysis generates corresponding estimates using panel methods to control for the effects of unobservables that could otherwise produce spurious results. Our results, which range between 56% and 66%, indicate a rebound that is substantially larger than obtained in other studies, calling into question the efficacy of recently implemented measures in the European Union targeted at technological innovations in the automotive sector.</description>
      <pubDate>Sun, 29 Oct 2006 22:58:59 GMT</pubDate>
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      <title>Who gets the Credit? : determinants of the probability of default in the German hospital sector</title>
      <link>http://hdl.handle.net/10419/18605</link>
      <description>Title: Who gets the Credit? : determinants of the probability of default in the German hospital sector
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&lt;br/&gt;Authors: Augurzky, Boris; Engel, Dirk; Schwierz, Christoph
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&lt;br/&gt;Abstract: Huge underinvestment increases the need for private borrowing in the German hospital sector, the access to which is partly determined by the probability of default (PD) of individual hospitals. Using ordinary least squares and quantile regression techniques this paper provides first empirical evidence of its kind to evaluate the PD in the hospital sector and its constituent determinants. Based on annual account and medical data from 17% of all German hospitals we find that the current average probability of default amounts to approximately 1.7%, which is slightly higher than the average probability for all German firms. Among other determinants, we find that public ownership significantly increases the risk of default, while private for-profit and private not-for-profit hospitals do not differ. Moreover, demographic change in the form of population growth is confirmed to be relevant for the PD.</description>
      <pubDate>Sat, 29 Oct 2005 22:58:59 GMT</pubDate>
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      <title>Does money buy higher schooling? : evidence from secondary school track choice in Germany</title>
      <link>http://hdl.handle.net/10419/18606</link>
      <description>Title: Does money buy higher schooling? : evidence from secondary school track choice in Germany
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&lt;br/&gt;Authors: Tamm, Marcus
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&lt;br/&gt;Abstract: The German schooling system selects children into different secondary school tracks already at a very early stage in life. School track choice heavily influences choices and opportunities later in life. It has often been observed that secondary schooling achievements display a strong correlation with parental income.We use sibling fixed effects models and information on a natural experiment in order to analyze whether this correlation is due to a causal effect of income or due to unobservable factors that themselves might be correlated across generations. Our main findings suggest that income has no positive causal effect on school choice and that differences between high- and low-income households are driven by unobserved heterogeneity, e.g. differences in motivation.</description>
      <pubDate>Sun, 29 Oct 2006 22:58:59 GMT</pubDate>
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      <title>Always poor or never poor and nothing in between? : Duration of child poverty in Germany</title>
      <link>http://hdl.handle.net/10419/18607</link>
      <description>Title: Always poor or never poor and nothing in between? : Duration of child poverty in Germany
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&lt;br/&gt;Authors: Fertig, Michael; Tamm, Marcus
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&lt;br/&gt;Abstract: This paper analyses the duration of child poverty in Germany. In our sample, we observe the entire income history from the individuals? birth to their coming of age at age 18.Therefore we are able to analyze dynamics in and out of poverty for the entire population of children, whether they become poor at least once or not. Using duration models,we allow poverty exit and re-entry to be correlated even after controlling for observable characteristics and also account for correlations with initial conditions. Our results indicate that household composition, most importantly single parenthood, and the labour market status as well as level of education of the household head are the main driving forces behind exit from and re-entry into poverty and thus determine the (long-term) experience of child poverty. However, unobserved heterogeneity seems to play an important role as well.</description>
      <pubDate>Sun, 29 Oct 2006 22:58:59 GMT</pubDate>
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