Aktuelle Publikationen

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  • Bauer, Agnes; Evanschitzky, Petra; Barth, Dorothee (2015): Individualisierte Weiterbildung durch Entwicklungsbegleitung : Ein Pilotprojekt in der Produktion Zeitschrift für Arbeits- und Organisationspsychologie A&O. 2015, 59(3), pp. 144-154. ISSN 0932-4089. eISSN 2190-6270. Available under: doi: 10.1026/0932-4089/a000183

    Individualisierte Weiterbildung durch Entwicklungsbegleitung : Ein Pilotprojekt in der Produktion

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    Kleine und mittelständische Unternehmen in Industrie und Handwerk wollen trotz des zunehmenden Fachkräftemangels flexibel und wettbewerbsfähig bleiben. Zur Bewältigung dieser Anforderung mit der bestehenden Belegschaft fehlt es den Unternehmen zumeist an praktikablen und finanzierbaren Personalentwicklungsmaßnahmen. Daher wurde im Pilotprojekt „Entwicklungsbegleitung” ein individualisiertes Personalentwicklungskonzept ausgearbeitet und in einem produzierenden Unternehmen mit Mitarbeitenden erprobt. Das Konzept zielt auf Mitarbeitende in der Produktion ab, Ausgangspunkt für Entwicklungsprozesse ist dabei stets die Person. Die Entwicklungsbegleitung umfasst vier Einzelgespräche innerhalb eines acht- bis zehnwöchigen Prozesses. Sie findet in der Produktion statt und wird passend zum Schichtbetrieb durchgeführt. Zwei Fallbeispiele zeigen exemplarisch, wie die Entwicklungsbegleitung bei den Mitarbeitenden eine Steigerung ihrer Lerngestaltungskompetenz bewirkt, die Produktionsleitung stellte eine nachhaltige Aktivierung für den kontinuierlichen Verbesserungsprozess fest. Das Pilotprojekt zeigt, dass sich der Ansatz in der Praxis bewährt und insbesondere die Durchführung durch den Entwicklungsbegleiter als eigenständige Funktion zu ihrem Erfolg beiträgt.

  • Kvaløy, Ola; Nieken, Petra; Schöttner, Anja (2015): Hidden benefits of reward : a field experiment on motivation and monetary incentives European Economic Review. 2015, 76, pp. 188-199. ISSN 0014-2921. eISSN 1873-572X. Available under: doi: 10.1016/j.euroecorev.2015.03.003

    Hidden benefits of reward : a field experiment on motivation and monetary incentives

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    We conducted a field experiment in a controlled work environment to investigate the effect of motivational talk and its interaction with monetary incentives. We find that motivational talk improves performance only when accompanied by performance pay. Moreover, performance pay reduces performance unless it is accompanied by motivational talk. These effects also carry over to the quality of work. Performance pay alone leads to more mistakes. Adding motivational talk makes the difference. In treatments with performance pay, motivational talk increases output by about 20 percent and reduces the ratio of mistakes by more than 40 percent.

  • Public Preferences for Carbon Tax Attributes

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    The impacts of climate change are already visible throughout the world. Recognizing the threats posed by climate change, the Durban Platform, the 17th Session of the Conference of Parties (COP 17), underscores that the global nature of climate change calls for the widest possible cooperation and ambitious action by all countries. A crucial starting point for the design of effective and publicly acceptable policies is to explore public preferences for climate policy instruments. Using a choice experiment, this study investigates public preferences for carbon tax attributes in a developing country context. The results account for heterogeneity in preferences and show that Turkish people prefer a carbon tax with a progressive cost distribution rather than one with a regressive cost distribution. The private cost has a negative effect on the probability of choosing the tax. Earmarking carbon tax revenues increases the public acceptability of the tax. Moreover, there is a preference for a carbon tax that promotes public awareness of climate change.

  • Häfeli, Kurt; Neuenschwander, Markus P.; Schumann, Stephan (Hrsg.) (2015): Berufliche Passagen im Lebenslauf : Berufsbildungs- und Transitionsforschung in der Schweiz

    Berufliche Passagen im Lebenslauf : Berufsbildungs- und Transitionsforschung in der Schweiz

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    dc.contributor.editor: Häfeli, Kurt; Neuenschwander, Markus P.

  • Friebel, Guido; Heinz, Matthias; Zubanov, Nick (2015): Teamboni : Wie man Gewinn und Gehälter mit dem gleichen Instrument erhöhen kann Personal Quarterly. Haufe. 2015, 67(3), pp. 22-25. ISSN 2365-8622. eISSN 2365-8622

    Teamboni : Wie man Gewinn und Gehälter mit dem gleichen Instrument erhöhen kann

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    dc.contributor.author: Friebel, Guido; Heinz, Matthias

  • Schnick-Vollmer, Kathleen; Berger, Stefanie; Bouley, Franziska; Fritsch, Sabine; Schmitz, Bernhard; Seifried, Jürgen; Wuttke, Eveline (2015): Modeling the Competencies of Prospective Business and Economics Teachers : Professional Knowledge in Accounting Zeitschrift für Psychologie. Hogrefe. 2015, 223(1), pp. 24-30. ISSN 0044-3409. eISSN 2151-2604. Available under: doi: 10.1027/2151-2604/a000196

    Modeling the Competencies of Prospective Business and Economics Teachers : Professional Knowledge in Accounting

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    Despite the important role that teachers’ professional competencies play, domain-specific models of competence as well as established instruments to measure such competencies are lacking (e.g., Blömeke, Zlatkin-Troitschanskaia, Kuhn, & Fege, 2013). For this reason, a domain-specific model of competence and an instrument to measure prospective business and economics teachers’ professional competence in the domain of accounting was developed. This article focuses on the measurement of professional knowledge, which is a key facet of teachers’ professional competence. A corresponding test instrument is introduced and its measurement quality is reported. The test instrument used at 24 German universities (N = 1.158) comprises 49 items, distributed among different booklets following a multi-matrix design. All items have well functioning parameter values. In accordance with our hypothesis, a two-dimensional model fits the data best. The reliabilities of .64 (content knowledge) and .64 (pedagogical content knowledge) are satisfying. Thus, the developed instrument allows to gain a detailed understanding of prospective teachers’ professional knowledge in accounting.

  • Risk Premiums in the Cross-Section of Commodity Convenience Yields

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    This paper investigates risk premiums embedded in commodity convenience yields, i.e., returns on convenience-claim investments. The analysis is conducted in two steps. First, monthly convenience yields are extracted from a broad sample of commodity futures by using a three-factor model. Second, a multi-factor asset pricing model with conditional betas is estimated to determine risk premiums embedded in convenience-claim returns. The empirical analysis is carried out on monthly cross-sections of 22 commodities in the period from January 1991 to December 2011. It reveals the existence of significant premiums embedded in convenience yields for systematic risk factors typically related to other asset classes. While the predictability of the risk premiums via instrumental variables is limited, changes in conditional betas are found to forecast variations in convenience yields.

  • Fahn, Matthias; Sadat Hadjer, Tahmina (2015): Optimal contracting with private military and security companies European Journal of Political Economy. 2015, 37, pp. 220-240. ISSN 0176-2680. eISSN 1873-5703. Available under: doi: 10.1016/j.ejpoleco.2014.10.004

    Optimal contracting with private military and security companies

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    Private military and security companies (PMSCs) have been gaining increasing media and scholarly attention particularly due to their indispensable role in the wars in Afghanistan 2001 and Iraq 2003. Nevertheless, theoretical insights into the agency problems inherent when hiring PMSCs and how to optimally incentivize them are scarce. We study the complex relationship between intervening state, host state, and PMSC, taking into account the diverging interests of all involved parties as well as potential agency problems. We develop a theoretical model to characterize a state's optimal choice whether to perform a task associated with an intervening mission itself, or hire a PMSC and optimally design the contract. We find that it might be optimal to hire PMSCs even if they are expected to do a worse job than the intervening state would do itself. Furthermore, the government's reputation in rewarding PMSCs for a good performance is crucial and might render it optimal to only deal with a limited number of PMSCs — who are not necessarily always the most efficient providers.

  • Hanushek, Eric A.; Schwerdt, Guido; Wiederhold, Simon; Woessmann, Ludger (2015): Returns to skills around the world : Evidence from PIAAC European Economic Review. 2015, 73, pp. 103-130. ISSN 0014-2921. eISSN 1873-572X. Available under: doi: 10.1016/j.euroecorev.2014.10.006

    Returns to skills around the world : Evidence from PIAAC

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    Existing estimates of the labor-market returns to human capital give a distorted picture of the role of skills across different economies. International comparisons of earnings analyses rely almost exclusively on school attainment measures of human capital, and evidence incorporating direct measures of cognitive skills is mostly restricted to early-career workers in the United States. Analysis of the new PIAAC survey of adult skills over the full lifecycle in 23 countries shows that the focus on early-career earnings leads to underestimating the lifetime returns to skills by about one quarter. On average, a one-standard-deviation increase in numeracy skills is associated with an 18 percent wage increase among prime-age workers. But this masks considerable heterogeneity across countries. Eight countries, including all Nordic countries, have returns between 12 and 15 percent, while six are above 21 percent with the largest return being 28 percent in the United States. Estimates are remarkably robust to different earnings and skill measures, additional controls, and various subgroups. Instrumental-variable models that use skill variation stemming from school attainment, parental education, or compulsory-schooling laws provide even higher estimates. Intriguingly, returns to skills are systematically lower in countries with higher union density, stricter employment protection, and larger public-sector shares.

  • Forecasting Euro Area Macroeconomic Variables with Bayesian Adaptive Elastic Net

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    I use the adaptive elastic net in a Bayesian framework and test its forecasting performance against lasso, adaptive lasso and elastic net (all used in a Bayesian framework) in a series of simulations, as well as in an empirical exercise for macroeconomic Euro area data. The results suggest that elastic net is the best model among the four Bayesian methods considered. Adaptive lasso, on the other hand, shows the worst forecasting performance. Lasso is generally better then adaptive lasso, but worse than adaptive elastic net. The differences in the performance of these models become especially large when the number of regressors grows considerably relative to the number of available observations. The results point to the fact that the ridge regression component in the elastic net is responsible for its improvement in forecasting performance over lasso. The adaptive shrinkage in some of the models does not seem to play a major role, and may even lead to a deterioration of the performance.

  • Schweinberger, Albert G.; Woodland, Allan D. (2015): Entrepreneurship and conflict generating product price changes European Economic Review. 2015, 78, pp. 158-174. ISSN 0014-2921. eISSN 1873-572X. Available under: doi: 10.1016/j.euroecorev.2015.04.008

    Entrepreneurship and conflict generating product price changes

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    This paper addresses the issue of the impact of changes in world prices upon the welfare of households in small open economies. Making use of a model of a small open economy with one monopolistically competitive industry, we derive conditions under which an exogenous increase in the world price of the monopolistically competitive good, arising from a shift in demand, is conflict generating between the owners of unskilled and skilled labour in the short run but Pareto improving in the long run. Output adjustments at the intensive margin make for conflict generation, but the converse holds for adjustments at the extensive margin in the long run. The analysis highlights the importance of the induced increase in the number of domestic varieties and of the skilled labour intensity in the production of goods relative to its intensity in the setting up of firms.

  • Großmaß, Lidan; Poon, Ser-Huang (2015): Estimating dynamic copula dependence using intraday data Studies in Nonlinear Dynamics & Econometrics. 2015, 19(4), pp. 501-529. ISSN 1081-1826. eISSN 1558-3708. Available under: doi: 10.1515/snde-2013-0123

    Estimating dynamic copula dependence using intraday data

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    We estimate the dynamic daily dependence between assets by applying the Semiparametric Copula-Based Multivariate Dynamic (SCOMDY) model on intraday data. Using tick data of three stock returns of the period before and during the credit crisis, we find that our dependence estimator better captures the steep increase in dependence during the onset of the crisis as compared to other commonly used time-varying copula methods. Like other high-frequency estimators, we find that the dependence estimator exhibits long memory and forecast it using a HAR model. We show that for out-of-sample forecasts, our dependence estimator performs better than the constant estimator and other commonly used time-varying copula dependence estimators.

  • Hochholdinger, Sabine; Keller, Inka (2015): Emotionales Erleben in betrieblichen Weiterbildungen RAUSCH, Andreas, ed. and others. Konzepte und Ergebnisse ausgewählter Forschungsfelder der beruflichen Bildung : Festschrift für Detlef Sembill. Baltmannsweiler: Schneider Verlag Hohengehren GmbH, 2015, pp. 253-269. ISBN 978-3-8340-1497-9

    Emotionales Erleben in betrieblichen Weiterbildungen

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  • Cognitive Processes of Distributional Preferences : A Response Time Study

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    There is ample evidence that people differ considerably in the strength of their social preferences. We identify individual heterogeneity in social motives and selfishness in a series of binary three-person dictator games. Based on this identification, we analyze response time to investigate the cognitive processes of distributional preferences. We find that response time increases with the number of conflicts between individually relevant motives and the difficulty of the decisions. The selfish motive is more intuitive for subjects who are more selfish. This is evidence for both, evidence accumulation models and dual-process theory, and we can show that heterogeneity in preferences is reflected in heterogeneity in the underlying cognitive processes. This shows that it is important to take heterogeneity of preferences into account when investigating the cognitive processes of social decision making.

  • Sembill, Detlef; Kärner, Tobias; Frötschl, Clemens (2015): Blick in die Zukunft : Strukturierung systematischer Antagonismen in vier Schichtungen zwischen ethischen und natürlichen Ressourcen SEMBILL, Detlef, ed.. Blick zurück in die Zukunft : Aufbaujahre der Wirtschaftspädagogik in Bamberg (1999–2015). Bamberg: Universität Bamberg, ,Lehrstuhl für Wirtschaftspädagogik, 2015, pp. 80-90. Bamberger betriebswirtschaftliche Beiträge. 215. ISBN 978-3-942099-65-3

    Blick in die Zukunft : Strukturierung systematischer Antagonismen in vier Schichtungen zwischen ethischen und natürlichen Ressourcen

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    dc.contributor.author: Sembill, Detlef; Frötschl, Clemens

  • Worries of Workers : Three Essays on the Effects of Globalisation, Technical Change and Competition on the Labour Market and its Institutions

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  • Erwartungswidrige Minderleistung und Belastung im kaufmännischen Unterricht : Analyse pädagogischer, psychologischer und physiologischer Aspekte

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  • Deißinger, Thomas (2015): The German dual vocational education and training system as 'good practice'? Local Economy. 2015, 30(5), pp. 557-567. ISSN 0269-0942. eISSN 1470-9325. Available under: doi: 10.1177/0269094215589311

    The German dual vocational education and training system as 'good practice'?

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    The German Dual System has attracted some considerable attention in recent years, with a number of countries, above all in Southern Europe, trying to introduce similar concepts of structured apprenticeships leading to initial vocational qualifications. Quite manifestly, there is expectation among politicians in particular that such a system might help cope with integration problems of school leavers into the vocational education and training sector and support combating youth unemployment. Focusing on the two ‘learning venues’, however, seems short-sighted as the German vocational education and training system has more working principles than just the dual learning setting. In contrast to the British approach, the German system trusts in a clear orientation of workplace learning along the lines of an ‘occupation’ (Beruf). Besides, the German vocational education and training system as a whole is more complex than it seems, with a still weighty ‘transition system’ and full-time courses in vocational education and training alongside apprenticeships. My argument is that the aspect of ‘good practice’ has to be relativised both against the background of these structural issues and in the face of recent academic drift in the German education system.

  • Bellani, Luna; Scervini, Francesco (2015): Heterogeneous preferences and in-kind redistribution : theory and evidence European Economic Review. 2015, 78, pp. 196-219. ISSN 0014-2921. eISSN 1873-572X. Available under: doi: 10.1016/j.euroecorev.2015.06.001

    Heterogeneous preferences and in-kind redistribution : theory and evidence

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    This paper examines the impact of social heterogeneity on in-kind redistribution. We contribute to the previous literature in two ways: we consider i) the provision of several public goods and ii) agents different not only in income, but also in their preferences over the various goods provided by the public sector. In this setting, both the distribution and size of goods provision depend on the heterogeneity of preferences. Our main result is that preference heterogeneity tends to decrease in-kind redistribution, while income inequality tends to increase it. An empirical investigation based on United States Census Bureau data confirms these theoretical findings.

  • Carrillo-Tudela, Carlos; Kaas, Leo (2015): Worker mobility in a search model with adverse selection Journal of Economic Theory. 2015, 160, pp. 340-386. ISSN 0022-0531. eISSN 1095-7235. Available under: doi: 10.1016/j.jet.2015.10.003

    Worker mobility in a search model with adverse selection

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    We analyze the effects of adverse selection on worker turnover and wage dynamics in a frictional labor market. We consider a model of on-the-job search where firms offer promotion wage contracts to workers of different abilities, which is unknown to firms at the hiring stage. With sufficiently strong information frictions, low-wage firms offer separating contracts and hire all types of workers in equilibrium, whereas high-wage firms offer pooling contracts, promoting high-ability workers only. Low-ability workers have higher turnover rates and are more often employed in low-wage firms. The model replicates the negative relationship between job-to-job transitions and wages observed in the U.S. labor market.

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