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Die Illusion vom zufriedenen Angeh?rigen - In station?ren Altenhilfeeinrichtungen sind Angeh?rige ein wichtiger Faktor im Versorgungssetting. Sie sind entscheidend an der Heimauswahl beteiligt, mitunter in die Pflege und Betreuung eingebunden und sie liefern wichtige Informationen. Allerdings tragen sie auch Erwartungen und Vorstellungen in sich, die es den Pflegekr?ften ?u?erst schwer machen, sie je zufrieden zu stellen.     

Do Government Subsidies Stimulate Training Expenditure? Microeconometric Evidence from Plant-Level Data

This paper examines whether financial assistance provided by government induces firms to spend more of their own funds on training expenditures, using plant-level data for the Republic of Ireland. We pay particular attention to the potential problems in such an evaluation study, namely selectivity and endogeneity, by first identifying a valid counterfactual for grant receiving plants via a matching estimator and then employing a difference-in-differences technique on this matched sample. Our results show that there are differences in causal effects between domestic and foreign-owned plants. For the former, we find clear evidence that grant receipt stimulates private expenditure, whereas there are no statistically significant effects for foreign-owned plants based in Ireland.     

Inflation and Relative Price Variability: New Evidence for the United States

This article provides new evidence on the empirical relationship between inflation and relative prices in the United States. In line with the predictions of recent monetary search models, we find that the impact of expected inflation on relative price variability (RPV) has disappeared during the recent period when inflation expectations have been stabilized on a low level. Endogenous break‐point tests are applied to identify the timing and to confirm the significance of the changing role of inflation for RPV. The empirical findings are robust with respect to different price indices, disaggregation levels, and measurement concepts.     

Dynamic vehicle routing with anticipation in disaster relief

Pickup and delivery problems (PDP), where locations may both receive and send goods, are an extension of the classical vehicle routing problem. This paper considers the application of a routing and scheduling problem for forwarding agencies handling less-than-truckload freight in disasters. The approach evaluates the benefits of dynamic optimization anticipating varying travel times (i.e., the availability of connections in this case) as well as unknown orders (i.e., the integration of demand regions on short-notice) in the specific environment of emergencies. The objective is to avoid delays and increase equipment utilization. We model a multi-stage mixed integer problem which is able to operate under variable demand and transport conditions.     

The effect of Protestantism on education before the industrialization: Evidence from 1816 Prussia

Across Prussian counties and towns, Protestantism led to more schooling already in 1816, before the Industrial Revolution. This supports a human capital theory of Protestant economic history and rules out a Weberian explanation of Protestant education just resulting from industrialization.     

Superstars as Drivers of Organizational Identification: Empirical Findings from Professional Soccer

This paper examines the effect of superstars on external stakeholders’ organizational identification through the lens of sport. Drawing on social identity theory and the concept of organizational identification, as well as on role model theories and superstar economics, several hypotheses are developed regarding the influence of soccer stars on their fans’ degree of team identification. Using a proprietary data set that combines archival data on professional German soccer players and clubs with survey data on more than 1,400 soccer fans, this study finds evidence for a positive effect of superstar characteristics and role model perception. Moreover, it is found that players who qualify for the definition of a superstar are more important to fans of established teams than to fans of unsuccessful teams. The player's club tenure, however, seems to have no influence on fans’ team identification. It is further argued that the effect of soccer stars on their fans is comparable to that of executives on external stakeholders, and hence, the results are applied to the business domain. The results of this study contribute to existing research by extending the list of personnel‐related determinants of organizational identification.     

Nebenjob Altenhilfe

Ist die Professionalisierung am Ende? - Die Rahmenbedingungen sowie die demografische Entwicklung k?nnen dazu führen, dass das derzeitige Kompetenz- und Qualifikationsniveau des in der station?ren Altenhilfe t?tigen Personals nicht gehalten werden kann. Denn um Pflege bezahlbar zu gestalten und Personalressourcen zu erschlie?en, werden fachliche Abstriche hingenommen. Gleichzeitig verlassen f?hige Pflegekr?fte die operative Ebene der Altenhilfe. L?sst sich diese Entwicklung aufhalten?     

Compensation schemes,liquidity provision,and asset prices: an experimental analysis

In an experimental setting in which investors can entrust their money to traders, we investigate how compensation schemes affect liquidity provision and asset prices, two outcomes that are important for financial stability. Compensation schemes can drive a wedge between how investors and traders value the asset. Limited liability makes traders value the asset more than investors. To limit losses, investors should thus restrict liquidity provision to force traders to trade at a lower price. By contrast, bonus caps make traders value the asset less than investors. This should encourage liquidity provision and increase prices. In contrast to these predictions, we find that under limited liability investors increase liquidity provision and asset price bubbles are larger. Bonus caps have no clear effect on liquidity provision and they fail to tame bubbles. Overall, giving traders skin in the game fosters financial stability.     

The effect of investment in children’s education on fertility in 1816 Prussia

The interaction between investment in children’s education and parental fertility is crucial in recent theories of the transition from Malthusian stagnation to modern economic growth. This paper contributes to the literature on the child quantity–quality trade-off with new county-level evidence for Prussia in 1816, several decades before the demographic transition. We find a significant negative causal effect of education on fertility, which is robust to accounting for spatial autocorrelation. The causal effect of education is identified through exogenous variation in enrollment rates due to differences in landownership inequality. A comparison with estimates for 1849 suggests that the preference for quality relative to quantity might have increased during the first half of the nineteenth century.