Monthly Archives: November 2014

Learning from the older brother? Sibling spillover effects in school achievement

How much a younger sibling’s school achievement is affected by his/her older sibling’s achievement at school is an important question to answer as it helps us understand whether investments in children may have multiplier effects through their impact on younger … Continue reading

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European unemployment insurance faces dilemma

More substantial fiscal integration in Europe by way of a common unemployment insurance scheme for eurozone member states? This question is currently a subject of intense discussion. Would an automatic stabilizer like this necessarily turn Europe into a transfer union? … Continue reading

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Stealing to survive: Crime rates rise in response to poor harvest

Between 1863 and 1890, phylloxera (an insect which attacks grapevine roots) destroyed about 40% of the French vineyards. The crisis could only be stopped when vineyards were replanted with hybrid American vines which were resistant to the insect. This poor … Continue reading

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The coach matters: Evidence from the Bundesliga

What difference does the quality of the single person at the top make for the overall performance of the organization? How dependent are large companies on their CEOs? Are they really the ones leading the firm or just mascots with … Continue reading

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Is formal care as good as the support of loving grandparents?

Since early childcare plays an important role in the development of cognitive skills, it partially determines success later in life. What improves cognitive ability and behavioral development at a young age is therefore of crucial policy importance. While early psychological … Continue reading

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And the IZA Prize goes to… Gary Fields!

Cornell professor Gary S. Fields is the winner of the 2014 IZA Prize in Labor Economics for his outstanding contributions on the importance of efficient labor markets to fight poverty and foster economic development in low- and middle-income countries. Worth … Continue reading

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Mobilizing employment potentials of the service sector in manufacturing-heavy economies

Modernizing developed economies in order to remain competitive in global markets is a pressing issue when manufacturing jobs can be automated or off-shored, with the threat of many of these jobs disappearing in the nearer future. This potentially affects all … Continue reading

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