1,006 results
Search Results
2. Path dependence of accountants: Why are they not involved in corporate sustainability?
- Author
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Wenzig, Julius, Nuzum, Anne‐Katrin, and Schaltegger, Stefan
- Subjects
CORPORATE sustainability ,ACCOUNTANTS ,MANAGEMENT accountants ,SUSTAINABILITY ,SEMI-structured interviews ,TRANSFORMATIVE learning - Abstract
Accounting has been identified as a key area to inform managers seeking to transform businesses towards sustainability. Empirical research, however, shows that management accountants are scarcely involved in sustainability accounting. This paper contributes to understanding their barriers, using path dependence theory as a theoretical framework to empirically investigate how accountants have become "locked in" by self‐reinforcing mechanisms. Based on semistructured interviews with 33 management accountants in Germany, the paper identifies three interrelated self‐reinforcing mechanisms that inhibit accountants from sustainability involvement. A strong focus on financial priorities and incremental improvements driven by top management expectations hinder the consideration of sustainability beyond its direct costs. Specialization is another barrier, as is an understanding of sustainability as peripheral rather than a core business. Contrary to prior literature, accountants express eagerness to learn, though rarely about sustainability. They rarely question assumptions about sustainability and their role, leading to missed opportunities for double‐loop learning and more transformative change. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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- View/download PDF
3. Inequality and income dynamics in Germany.
- Author
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DRECHSEL-GRAU, MORITZ, PEICHL, ANDREAS, SCHMID, KAI D., SCHMIEDER, JOHANNES F., WALZ, HANNES, and WOLTER, STEFANIE
- Subjects
INCOME inequality ,INCOME tax ,BUSINESSPEOPLE ,BUSINESS cycles ,SOCIAL security taxes ,INCOME ,LANDLORDS ,FREELANCERS - Abstract
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades. Combining personal income tax and social security data allows us--for the first time--to offer a complete picture of the distribution of annual earnings in Germany. We find that cross-sectional inequality rose until 2009 for men and women. After the Great Recession, inequality continued to rise at a slower rate for men and fell slightly for women due to compression at the lower tail. We further document substantial gender differences in average earnings and inequality over the life cycle. While for men earnings rise and inequality falls as they grow older, many women reduce working hours when starting a family such that average earnings fall and inequality increases. Men's earnings changes are on average smaller than women's but are substantially more affected by the business cycle. During the Great Recession, men's earnings losses become magnified and gains are attenuated. Apart from recession years, earnings changes are significantly right-skewed reflecting the good overall state of the German labor market and increasing labor supply. In the second part of the paper, we study the distribution of total income including incomes of self-employed, business owners, and landlords. We find that total inequality increased significantly more than earnings inequality. Regarding income dynamics, entrepreneurs' income changes are more dispersed, less skewed, less leptokurtic, and less dependent on average past income than workers' income changes. Finally, we find that top income earners have become less likely to fall out of the top 1 and 0.1%. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
4. Opportunities for and barriers to anticipatory governance of two lake social–ecological systems in Germany and Canada.
- Author
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Tanguay, Louis, Herzog, Laura M., Audet, René, Beisner, Beatrix E., Martin, Romina, and Pahl‐Wostl, Claudia
- Subjects
ANTICIPATORY governance ,LAKES ,PSYCHOLOGICAL feedback ,PERIODICAL articles ,CLIMATE change - Abstract
Copyright of People & Nature is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2023
- Full Text
- View/download PDF
5. Hot money inflows and bank risk‐taking: Germany from the 1920s to the Great Depression.
- Author
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Postel‐Vinay, Natacha and Collet, Stéphanie
- Subjects
BANKING industry ,CAPITAL movements ,RISK management in business ,GREAT Depression, 1929-1939 ,BANK liquidity ,DAWES Plan - Abstract
This paper explores the origins of German banks' risk‐taking in the years preceding the 1931 crisis. The 1920s were marked by a large and prolonged increase in capital flows into Germany, chiefly from the United States and the United Kingdom. This coincided, at the individual bank level, with a rise in leverage and a fall in liquidity. We examine possible connections between the two phenomena. Our analysis is based on a combination of historiographical work and statistical modelling based on a newly hand‐collected bimonthly dataset on German reporting banks from 1925 to 1935. Bank by bank we examine the effects of foreign inflows on decisions related to leverage, lending, and liquidity. The Dawes Plan of 1924 and the relative absence of a too‐big‐to‐fail (TBTF) environment allow us to mitigate endogeneity concerns. We suggest that while capital inflows did not seem to impact banks' liquidity decisions, their impact on leverage was non‐negligeable. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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- View/download PDF
6. Translating theories of justice into a practice model for triage of scarce intensive care resources during a pandemic.
- Author
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Knochel, Kathrin, Schmolke, Eva‐Maria, Meier, Lukas, and Buyx, Alena
- Subjects
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INTENSIVE care units , *HEALTH policy , *MEDICAL triage , *SOCIAL justice , *MEDICAL protocols , *RESOURCE allocation , *DECISION making , *MANAGEMENT , *COVID-19 pandemic - Abstract
During the COVID‐19 pandemic, national triage guidelines were developed to address the anticipated shortage of life‐saving resources, should ICU capacities be overloaded. Rationing and triage imply that in addition to individual patient interests, interests of population health have to be integrated. The transfer of theoretical and empirical knowledge into feasible and useful practice models and their implementation in clinical settings need to be improved. This paper analyzes how triage protocols could translate abstract theories of distributive justice into concrete material and procedural criteria for rationing intensive care resources during a pandemic. We reconstruct the development and implementation of a rationing protocol at a German university hospital: describing the ethical challenge of triage, clarifying the aspirational norms, and summarizing specific norms of fair triage and allocation for developing an institutional policy and practice model and implementing it. We reflect on how critical topics are seen by clinicians and what helped manage the perceived burdens of the triage dilemma. We analyze what can be learned from this debate regarding the difficult issues around triage protocols and their potential implementation into clinical settings. Analyzing the ought‐to‐is gap of triage, integrating abstract ethical principles into practical concepts, and evaluating those should clarify the benefits and risks of different allocation options. We seek to inform debates on triage concepts and policies to ensure the best possible treatment and fair allocation of resources as well as to help protect patients and professionals in worst‐case scenarios. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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7. Petrographic and geochemical constraints on the formation of gravity‐defying speleothems.
- Author
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Immenhauser, Adrian, Hoffmann, Rene, Riechelmann, Sylvia, Mueller, Mathias, Scholz, Dennis, Voigt, Stefan, Niggemann, Stefan, Buhl, Dieter, Dornseif, Maximilian, and Platte, Alexander
- Subjects
CAPILLARY flow ,PETROLOGY ,ISOTOPE geology ,TRANSMISSION electron microscopy ,MINERALOGY ,SPELEOTHEMS ,CAVES - Abstract
Cave carbonates, seemingly growing in defiance of gravity, have attracted the community's interest for more than a century. This paper focusses on 'helictites', contorted vermiform speleothems with central capillaries. Petrographic, crystallographic and geochemical data of calcitic and aragonitic helictites (recent to 347 ka) from three caves in Western Germany are placed in context with previous work. Aragonitic helictites from one site, the Windloch Cave, form exceptionally large and complex structures that share similarities with the celebrated helictite arrays in the Asperge Cave in France. Aragonitic and calcitic helictites differ significantly in their crystal fabrics and internal geometry. Calcitic helictites are best described as a composite crystal fabric consisting of fibrous mesocrystals. Aragonite helictites display a complex fabric of acicular to platy crystals, some of which show evidence for growth‐twinning and perhaps crystallisation via a monoclinal precursor stage. The micro‐tomographic characterisation of several orders of channels and their complex architecture raises important questions regarding fluid migration and helictite architecture. In terms of their isotope geochemistry, helictites are depleted in 13C to various degrees, isotope values that are controlled by the mixing of fluids and mineralogy‐related fractionation. Regarding their δ18O values, most helictites overlap with other calcitic and aragonitic speleothems. Previous models explaining the twisted morphology of helictites are discussed from the viewpoint of fluid migration and CO2 degassing rates, mineralogy and helictite petrography. For the complex aragonitic helicities documented here, the most likely mechanisms to explain the contorted growth forms include the internal capillary network combined with localised (sector) growth at the helictite tip. The morphologically simpler calcitic helictites are best explained by capillary and surface flow. Future work should include geomicrobiology to assess the significance of induced mineralisation and transmission electron microscopy analysis to more quantitatively assign crystallographic properties. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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8. Macroeconomic Effects of the Anticipation and Implementation of Tax Changes in Germany: Evidence from a Narrative Account.
- Author
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Christofzik, Désirée I., Fuest, Angela, and Jessen, Robin
- Subjects
FISCAL policy ,WORKING hours ,TAX reform ,MINIMUM wage ,TAXATION ,TAX cuts - Abstract
This paper quantifies the dynamic macroeconomic effects of tax changes in Germany, allowing for anticipation effects of preannounced tax reforms. Identification is achieved using a narrative approach, which provides information about the timing of tax reforms. An anticipated cut in taxes has a positive effect on output with a peak multiplier of 1.7, not observed until nine quarters after implementation. This positive effect is accompanied by significant negative anticipation effects on output, consumption, investment, hours worked and wages. Our results suggest that policymakers should take anticipation effects into account when implementing fiscal policy measures. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
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9. The influence of greenwashing practices on brand attitude: A multidimensional consumer analysis in Germany.
- Author
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Bladt, Daniel, van Capelleveen, Guido, and Yazan, Devrim Murat
- Subjects
CONSUMER attitudes ,GREENWASHING (Marketing) ,USER-generated content ,EXPORT marketing - Abstract
As a consequence of increasingly sustainability‐oriented markets, greenwashing (GW) has become a global marketing problem throughout recent years. Previous studies do not differentiate between varying forms of GW when analyzing their effects on consumers' brand attitude but rather use GW as a one‐dimensional condition that either exists or does not exist. This paper explores how different greenwashing practices (GWPs) influence consumers' brand attitudes. We introduce a two‐dimensional typology of GWPs that differentiates between claim‐type (false, vague, or hidden information) and macro‐level of initiation (product and firm level), resulting in six distinct categories of GWPs. We then introduce 315 German participants to the six different GW scenarios in a survey and measure their respective brand attitudes. Our findings reveal that respondents react significantly differently to most GWPs, which implies that if we want to understand the problem of GW from the eyes of consumers, we need to differentiate between various forms of GW. [ABSTRACT FROM AUTHOR]
- Published
- 2024
- Full Text
- View/download PDF
10. Missing Rainfall Extremes in Commercial Microwave Link Data Due To Complete Loss of Signal.
- Author
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Polz, Julius, Graf, Maximilian, and Chwala, Christian
- Subjects
RAINFALL ,RADAR meteorology ,RAIN gauges ,MICROWAVES ,EXTREME value theory ,CLIMATOLOGY ,MICROWAVE remote sensing - Abstract
An important aspect of rainfall estimation is to accurately capture extreme events. Commercial microwave links (CMLs) can complement weather radar and rain gauge data by estimating path‐averaged rainfall intensities near ground. Our aim with this paper was to investigate attenuation induced complete loss of signal (blackout) in the CML data. This effect can occur during heavy rain events and leads to missing extreme values. We analyzed 3 years of attenuation data from 4,000 CMLs in Germany and compared it to a weather radar derived attenuation climatology covering 20 years. We observed that the average CML experiences 8.5 times more blackouts than we would have expected from the radar derived climatology. Blackouts did occur more often for longer CMLs (e.g., >10 km) despite their increased dynamic range. Therefore, both the hydrometeorological community and network providers can consider our analysis to develop mitigation measures. Plain Language Summary: Commercial microwave links (CMLs) are used to transmit information between towers of cellphone networks. If there is rainfall along the transmission path, the signal level is attenuated. By comparing the transmitted and received signal levels, the average rainfall intensity along the path can be estimated. If the attenuation is too strong, no signal is received, no information can be transmitted and no rainfall estimate is available. This is unfavorable both for network stability and rainfall estimation. In this study, we investigated the frequency of such blackouts in Germany. How many blackouts per year are observed in a 3 year CML data set covering around 4,000 link paths and how many are expected from 20 years of weather radar data? We observed that the average CML experiences 8.5 times more blackouts than we would have expected from the radar derived climatology. Blackouts did occur more often for long CMLs, which was an unexpected finding. While only one percent of the annual rainfall amount is missed during blackouts, the probability that a blackout occurs was very high for high rain rates. Both, the hydrometeorological community and network providers can consider our analysis to develop mitigation measures. Key Points: Complete loss of commercial microwave link (CML) signals during heavy rain leads to missing rainfall extremesMagnitude of observed blackouts exceeds climatologically expected valuesUnexpectedly, longer CMLs experience more blackouts [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
11. Large and influential: Firm size and governments' corporate tax rate choice.
- Author
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Riedel, Nadine and Simmler, Martin
- Subjects
BUSINESS size ,CORPORATE taxes ,BUSINESS tax ,TAX rates ,LOCAL taxation ,JURISDICTION - Abstract
Copyright of Canadian Journal of Economics is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2021
- Full Text
- View/download PDF
12. The Effect of Auditor Style on Reporting Quality: Evidence from Germany.
- Author
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Porumb, Vlad‐Andrei, De Jong, Abe, Huijgen, Carel, Marra, Teye, and Van Dalen, Jan
- Subjects
AUDITING ,AUDITORS ,FINANCIAL statements ,EVIDENCE - Abstract
This paper examines whether the 'style' of individual auditors influences financial reporting quality in Germany. Audit quality in Germany should be uniformly high, because of strong reputational needs, strict controls on operating procedures, and quality enforcement mechanisms. An audit partner's style should not affect this quality level. However, our results do not support this expectation. Exploiting a unique dataset comprising the names of the audit engagement and review partners of listed German companies, we find that audit engagement partners in Germany have a significant influence on audit quality, beyond firm‐ and office‐level factors. In contrast, audit review partners do not have a consistent significant influence on audit quality. We measure audit quality by the level of a firm's abnormal accruals and its propensity to meet or beat an earnings target. We also find that the 2005 adoption of a new audit quality enforcement system that includes 'naming and shaming' does not reduce the influence of audit partner style on financial reporting quality. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
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13. Do local expenditures on sports facilities affect sports participation?
- Author
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Steckenleiter, Carina, Lechner, Michael, Pawlowski, Tim, and Schüttoff, Ute
- Subjects
- *
SPORTS facilities , *SPORTS participation , *PUBLIC spending , *AGE groups , *LOCAL government - Abstract
This paper contributes to the literature evaluating the performance of local governments by analyzing the effect of local public expenditures on sports facilities on sports participation in Germany. To this end, we use a new data base containing public expenditures at the municipality level and link this information with individual level data. We form locally weighted averages of expenditures based on geographic distances and analyze how effects of sports facility expenditures change with different expenditures levels ("dose‐response relationship"). We find no effect of sports facility expenditures on individual sports participation. These findings are robust across age groups and municipality sizes. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
14. Fracture toughness of a rigid polyurethane foam: experimental and numerical investigation by varying the specimen sizes.
- Author
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Vantadori, Sabrina, Carpinteri, Andrea, Cerioni, Roberto, Ronchei, Camilla, Scorza, Daniela, Zanichelli, Andrea, and Marsavina, Liviu
- Subjects
- *
URETHANE foam , *FOAM , *FRACTURE toughness , *TECHNICAL literature , *COMPUTER simulation - Abstract
In the present paper, the fracture toughness of a polyurethane (PUR) foam (manufactured by Necumer GmbH, Germany, under the commercial designation Necuron 651) is experimentally and numerically investigated in order to examine its dependence on the specimen sizes. As a matter fact, to the best knowledge of the present authors, such an analysis is still missing in the technical literature. To perform the experimental campaign, notched PUR foam beams, with different geometrical sizes, are tested under three‐point bending loading, and the Modified Two‐Parameter Model (recently proposed by some of the present authors) is employed to measure the fracture toughness. Subsequently, such an experimental campaign is numerically simulated by applying a micromechanical model, implemented in a non‐linear finite element homemade code. Finally, the results obtained are compared with some experimental data available in the literature, related to the same PUR foam. Highlights: The fracture toughness of a polyurethane foam is experimentally investigated.Notched PUR foam beams, with different sizes, are tested under three‐point bending.The Modified Two‐Parameter Model is employed to measure the fracture toughness.A numerical simulation is performed with a non‐linear finite element model.The results are compared with some experimental data available in the literature. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
15. Owners, external managers and industrial relations in German establishments.
- Author
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Kölling, Arnd and Schnabel, Claus
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INDUSTRIAL relations ,COLLECTIVE labor agreements ,FAMILY-owned business enterprises ,WORKS councils ,FIXED effects model ,EXECUTIVES - Abstract
Using data from the representative IAB Establishment Panel in Germany and estimating a heteroskedastic probit model with fixed effects, this paper finds a negative relationship between the existence of owner‐management in an establishment and the probabilities of having a works council or a collective bargaining agreement. We show that family firms which are solely managed by the owners or by external executives significantly differ in the presence of these kinds of worker representation. The probabilities of having works councils and (company‐level) collective agreements increase substantially if just some of the managers do not belong to the owner family. We argue that these differences cannot simply be attributed to an aversion of the owners against co‐determination and unions but suggest taking account of the notion of socio‐emotional wealth prevalent in family firms. In addition, our results support the idea that external managers mainly act as agents rather than stewards in family firms. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
16. Specialization and employment development in Germany: An analysis at the regional level*.
- Author
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Kowalewski, Julia
- Subjects
EMPLOYMENT ,REGIONAL disparities ,REGRESSION analysis ,INDUSTRIES - Abstract
This paper analyses the impact of industry specific regional specialization on employment growth in German planning regions between 1998 and 2007. The paper investigates Germany as a whole as well as Western and Eastern Germany separately. By using a shift-share regression approach the paper provides new findings about the existence of industry-specific localization advantages. The results show that inverse localization advantages play a major role in explaining regional disparities in Germany. This involves a process of deconcentration of economic activity. In addition, differences between Eastern and Western Germany can also be identified. Resumen Este artículo analiza el impacto de la especialización regional específica por industrias sobre el crecimiento del empleo en las regiones de planificación alemanas entre 1998 y 2007. El artículo estudia Alemania en su totalidad, así como Alemania Occidental y Oriental por separado. Mediante la utilización de un enfoque de regresión shift-share, el artículo aporta nuevos resultados acerca de la existencia de ventajas de localización específicas por industria Los resultados muestran que las ventajas de localización inversa tienen un papel clave a la hora de explicar las disparidades regionales en Alemania. Esto implica un proceso de desconcentración de la actividad económica. Además, también se pueden identificar diferencias entra Alemania Occidental y Alemania Oriental. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
17. Investigating the emotional roller-coaster ride: a case study-based assessment of the Future Search Conference design.
- Author
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Oels, Angela
- Subjects
CASE studies ,EMPIRICAL research ,CONFERENCES & conventions - Abstract
The aim of this paper is to make recommendations for the procedural optimization of the Future Search Conference design on the basis of empirical evidence from two case study conferences in Germany and the United Kingdom. The paper presents the major criticisms that have been raised against the step-by-step conference design in the theoretical literature and contrasts these with the empirical findings of two stakeholder-based evaluations. The author draws attention to a number of weaknesses in the conference opening, the common ground phase and the action planning phase of the Future Search Conference design and makes proposals for design changes. The paper suggests that a systematic and stakeholder-oriented evaluation should be part of interventions like Future Search Conferences. The paper concludes with a reminder that the political context and local power relations are a key variable in determining success or failure of a Future Search conference. Copyright © 2002 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
- Published
- 2002
- Full Text
- View/download PDF
18. Public relations and legitimacy: A study of new ventures on the corporate life cycle.
- Author
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Ma, Qiang, Li, Xueling, Chaudhry, Peggy E., and Chaudhry, Sohail S.
- Subjects
BUSINESS ,CORPORATE culture ,INDUSTRIES ,INFORMATION technology ,PRACTICAL politics ,PUBLIC relations ,SOCIAL networks ,STRATEGIC planning - Abstract
In 2013, Germany, a world leading industrialized nation published its Industry 4.0 strategic plan. The term Industry 4.0 has been referred to the Fourth Industrial Revolution. In this paper, in the era of Industry 4.0, we studied the importance of three types of legitimacy related to the different stages of new ventures. A framework was designed using the concept of guanxi to better understand its relationship to the corporate life cycle. In this study, two different kinds of guanxi, business and political, affect the legitimacy of a company. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
19. The impact of EU Eastern enlargement on urban growth and decline: New insights from Germany's Eastern border.
- Author
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Heider, Bastian
- Subjects
URBAN growth ,URBAN decline ,DEMOGRAPHIC change ,CITIES & towns - Abstract
Copyright of Papers in Regional Science is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
- Published
- 2019
- Full Text
- View/download PDF
20. Business, biodiversity and ecosystem services: Evidence from large‐scale survey data.
- Author
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Wagner, Marcus
- Subjects
ECOSYSTEM services ,BIODIVERSITY ,ADAPTIVE natural resource management ,BUSINESS size ,SMALL business ,RISK perception - Abstract
This paper analyses data from a large‐scale survey on corporate action to support biodiversity and ecosystem services undertaken by firms of all sizes and across manufacturing industries. The analysis focuses on Germany as the largest economy by GDP in the European Union and analyses the uptake of activities directly aimed at protecting biodiversity and ecosystem services compared to the uptake of other environmental protection activities. It furthermore investigates how activity and tool adoption as well as risk assessments vary with firm size and across industries, and with implementing environmental management systems. The analysis finds tensions between risk perception and activities pursued for biodiversity protection, largely because firms shy away from substantive action. It reveals that smaller and medium‐sized firms are less active and that environmental management systems are not conducive to corporate activities in support of biodiversity and ecosystem services. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
21. Managing the Crisis: How COVID‐19 Demands Interact with Agile Project Management in Predicting Employee Exhaustion.
- Author
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Koch, Jan and Schermuly, Carsten C.
- Subjects
AGILE software development ,COVID-19 ,PERSONNEL management ,PSYCHOLOGICAL burnout ,TEAMS in the workplace ,PROJECT managers ,EMOTIONAL labor - Abstract
As a global pandemic, COVID‐19 impacts work‐related processes, placing strain upon many employees in project teams. Identifying process variables and potential organizational resources can play an important role in addressing employee mental health, both for the current pandemic and future crises. Based on an extension of the job demands–resources model, this paper introduces COVID‐19 demands as distal job demands, examining their influence on emotional exhaustion through proximal unfinished tasks. Furthermore, we suggest that agile project management acts as a buffering job resource in this relationship. In two studies, we drew samples from Germany (N = 168) and the USA (N = 292). Across studies, COVID‐19 demands had an indirect effect on emotional exhaustion, mediated by unfinished tasks. Furthermore, agile project management acts as a buffering job resource for individuals in Germany, attenuating the relationship between COVID‐19 demands, unfinished tasks and subsequent feelings of emotional exhaustion. In contrast, findings from Study 2 revealed that COVID‐19 demands were more strongly related to unfinished tasks and subsequent feelings of emotional exhaustion in the USA when individuals reported higher levels of agile project management. Taken together, our results indicate that project work under COVID‐19 fosters feelings of emotional exhaustion through the accumulation of unfinished tasks. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
22. Relationship Banking, Liquidity, and Investment in the German Industrialization.
- Author
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FOHLIN, CAROLINE
- Subjects
BANK liquidity ,INVESTMENTS ,UNIVERSAL banks ,INDUSTRIES ,LIQUIDITY (Economics) ,RELATIONSHIP banking ,BANKING industry finance ,REGRESSION analysis ,BANKING industry - Abstract
Close bank relationships are thought to ameliorate firms' liquidity constraints--a phenomenon frequently measured by liquidity sensitivity of investment. Using German firms during the formative years of universal banking (1903-1913), this paper shows that, even controlling for selection bias, investment is more sensitive to internal liquidity for bank-networked firms than unattached firms. The firm exhibiting the greatest liquidity sensitivity, however, faced no apparent liquidity constraint. The findings yield two implications: they support recent research rejecting a linear relationship between liquidity sensitivity and financing constraints, and they suggest that relationship banking provides no consistent lessening of firms' liquidity sensitivity. [ABSTRACT FROM AUTHOR]
- Published
- 1998
- Full Text
- View/download PDF
23. The German debate on male circumcision and Habermas' model of post‐secularity.
- Author
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Greve, Jens
- Subjects
CIRCUMCISION laws ,CIRCUMCISION ,CITIZENSHIP ,DEBATE ,MATHEMATICAL models ,RELIGION ,SOCIOLOGY ,THEORY - Abstract
This paper considers Habermas' model of a post‐secular political order in the light of the debate on male circumcision that arose in Germany after a court ruled that male circumcision was an unjustifiable act of bodily harm. Central to this model is the idea that religious reasons can only become effective in central legal institutions when they are translated into secular reasons. My paper demonstrates that there are two distinguishable readings of this proviso. On the one hand, there is a broad reading according to which it is only necessary to reach a conclusion that is in line with the democratic principle stating that all citizens can be regarded as co‐legislators even if non‐generalizable value orientations might then shape the interpretation of fundamental rights (in the case of circumcision, the right to bodily integrity). On the other hand, a truly secular (narrow) reading would avoid the inclusion of non‐generalizable value orientations. The debate on circumcision demonstrates that these two interpretations lead to different and conflicting modes of justification. The broad reading allows for a justification of male circumcision, whereas the narrow reading makes such a justification unlikely. In addition, the filtering function of the proviso is weakened in a broad reading. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
24. The returns to job mobility and inter-regional migration: Evidence from Germany.
- Author
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Lehmer, Florian and Ludsteck, Johannes
- Subjects
OCCUPATIONAL mobility ,HUMAN capital ,PRICE level changes ,YOUNG workers - Abstract
This paper provides an extensive analysis of the wage effects of inter-regional mobility within Germany. Comparing skilled region-type movers with skilled non-migratory establishment movers we find clear evidence of an additional effect of inter-regional mobility which becomes fully effective after three years. The highest returns are obtained by young workers and by rural-urban movers. The introduction of fixed district and establishment effects tackles the notorious nuisance of regional price-level differences and reveals that the mobility returns can be decomposed into roughly equal contributions of human capital accumulation and search gains. Resumen Este artículo proporciona un amplio análisis de los efectos salariales de la movilidad interregional en Alemania. Al comparar a la mano de obra cualificada que se traslada entre tipos de regiones con la también cualificada no migratoria que solo se traslada entre empleos, encontramos pruebas claras de un efecto adicional de la movilidad interregional que se hace plenamente efectivo al cabo de tres años. Los retornos más elevados los obtienen los trabajadores jóvenes y los que se trasladan de medio rural al urbano. La introducción de efectos fijos por distrito y empleo contrarrestan el notorio fastidio de las diferencias regionales del nivel de precios y revela que los retornos a la movilidad pueden atribuirse más o menos a partes iguales entre la acumulación de capital humano y la mejora en la búsqueda de empleo. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
25. Comparing knowledge networking in different knowledge bases in Germany.
- Author
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Plum, Oliver and Hassink, Robert
- Subjects
BIOTECHNOLOGY industries ,AUTOMOBILE industry ,COMMUNITY development ,ECONOMICS - Abstract
In order to learn more about sectoral differences of knowledge networking in a regional development context, we apply the knowledge base concept, distinguishing the analytical (science based) and synthetic (engineering based) knowledge base. We aim at comparing knowledge networking with the help of network analyses in two knowledge bases in Germany: the analytical knowledge base with the help of the biotechnology industry in the Aachen Technology Region and the synthetic knowledge base with the help of the automotive industry in Southwest Saxony. The paper concludes that there are some main differences found in the characteristics of knowledge networking between the two different knowledge bases. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
26. THE IMPACT OF BANK PORTFOLIO DECISIONS ON THE BALANCE OF PAYMENTS: THE GERMAN EXPERIENCE.
- Author
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MIRUS, ROLF
- Subjects
CAPITAL movements ,FOREIGN assets ,INTEREST rates ,BANKING industry ,INTERNATIONAL finance - Abstract
In periods of frequent realignment of foreign exchange rates, interest focuses understandably on the causes of capital movements. The difficulty with studies of such movements usually lies in obtaining data sufficiently disaggregated so as not to force too many types of motivation into one all-encompassing specification. This was the problem M. Porter as well as W. H. Branson and R. D. Hill faced when studying capital movements of OECD countries. C. F. Ou started from a much more narrowly defined asset category but failed to distinguish between demand balances held for transactions requirements and interest earning assets. Despite the attention that capital flows have received of late, their importance for the present system of international exchange rates and the conduct of monetary policy as well as the shortcomings of the studies to date may justify another inquiry. Specifically, the present paper will review briefly the theoretical underpinnings for German banks' decisions to hold short term assets abroad. The main purpose is twofold: 1) to determine which interest rates and scale variables yield the best explanation of actual changes in the stock of such assets held by German banks; 2) to obtain an estimate of changes in the short term capital account of the German balance of payments that can be attributed to banks' portfolio adjustments in the face of interest rate changes at home and abroad. [ABSTRACT FROM AUTHOR]
- Published
- 1974
- Full Text
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27. STRATEGIC MANAGEMENT JOURNAL CONTENTS, VOLUMES 11--15, 1990--1994.
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MANAGEMENT science ,STRATEGIC planning ,NEGOTIATION ,CAPITAL investments ,MANNERS & customs - Abstract
The article presents abstracts to the contents of volumes 11 to 15 from 1990 to 1994 of the Strategic Management Journal. In volume 13, Number 6, from September of 1992, Nancy J. Adler, Richard Brahm, and John L. Graham compares negotiations between businesspeople from China and the United States. In volume 14's special issue for winter of 1993, Franklin Allen compares the U.S. capital investment system to that of Germany and Japan. From the issue from June 1992, Volume 13, Number 5, Terry L. Amburgey and Anne S. Miner discuss three types of strategic momentum.
- Published
- 1995
28. The persistent pay gap between Easterners and Westerners in Germany: A quarter‐century after reunification.
- Author
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Dickey, Heather and Widmaier, Alessa M.
- Subjects
- *
WAGE differentials , *INCOME inequality , *DEPRECIATION , *HUMAN capital , *PAYROLL accounting , *QUANTILE regression - Abstract
A quarter of a century after Germany's reunification, Eastern Germans still earn substantially less than Western Germans. This paper revisits the German wage differential and isolates the effect of differing returns to human capital endowments, the possibility of a location effect, and human capital depreciation on the regional wage gap. While the endowment effect, location effect, and human capital depreciation jointly account for the wage differential between Easterners and Westerners living in the West, the same does not hold true for individuals settled in the East, where part of the wage gap remains unexplained. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
29. Long‐term effectiveness of an online decision aid for female cancer patients regarding fertility preservation: Knowledge, attitude, and decisional regret.
- Author
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Ehrbar, Verena, Germeyer, Ariane, Nawroth, Frank, Dangel, Astrid, Findeklee, Sebastian, Urech, Corinne, Rochlitz, Christoph, Stiller, Ruth, and Tschudin, Sibil
- Subjects
CANCER patients ,FERTILITY preservation ,WOMEN patients ,REGRET ,BREAST cancer ,ATTITUDE (Psychology) - Abstract
Introduction: The decision, whether to undergo fertility preservation or not is highly demanding for cancer patients. Decision aids may act as an additional source of support. So far, only a limited number of decision aids regarding fertility preservation for female cancer patients exist and have been evaluated systematically. This paper presents the results of secondary analyses of the first randomized controlled trial evaluating an online decision aid for female cancer patients affected by different types of cancer. It focuses on fertility‐related knowledge, attitude toward fertility preservation, and long‐term effectiveness regarding decisional regret. Material and methods: Young female cancer patients between 18 and 40 years of age were recruited after fertility counseling with a reproductive specialist. They were assigned to either the control group (counseling only) or the intervention group (counseling followed by the additional use of the decision aid). Both groups had to complete a questionnaire after counseling as well as 1 and 12 months later, covering topics such as fertility‐related knowledge, attitude towards fertility preservation, decisional conflict and regret. Recruitment was ongoing during 18 months in eight fertility centers located in Switzerland and Germany. Results: Mean age of participating women was 29.31 years (SD 4.57). Of the entire sample (n = 51) 53% were affected with breast cancer, 27.4% with lymphoma, and 19.6% with various other types of cancer. Knowledge regarding the most common fertility preservation methods was high and comparable in both groups. Positive attitude significantly exceeded negative attitude among all participants (p = 0.001). Although the altogether low scores for decisional regret were on a higher level in the control group (T2: mean = 19.00, SD = 13.24; T3: mean = 22.0, SD = 20.67) than in the intervention group (T2: mean = 14.12, SD = 11.07; T3: mean = 12.94, SD = 13.24), there were no statistically significant differences between and within both groups. There was a positive association between decisional conflict and decisional regret at T3 (p = 0.001, r = 0.510). Conclusions: This decision aid was suitable as an additional source of knowledge and may positively impact decisional regret in the long term. Results suggest that the provision of an online decision aid as a complement to fertility counseling may facilitate decision‐making. [ABSTRACT FROM AUTHOR]
- Published
- 2021
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- View/download PDF
30. INDIRECT RE-EMPLOYMENT WAGE DISCRIMINATION.
- Author
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Mavromaras, Kostas G.
- Subjects
EMPLOYMENT discrimination ,WAGE differentials ,EMPLOYMENT ,EMPLOYMENT reentry ,LABOR policy ,HUMAN capital ,EMPLOYEE selection ,PERSONNEL changes - Abstract
This paper looks at unemployed individuals and investigates wage differences generated by re–employment selection. It shows that discriminatory re–employment selection can result, indirectly, in discriminatory re–employment pay. A Heckman two–stage selection model is combined with an extension of Gomulka–Stern non–linear decompositions to explain how re–employment selection generates indirect discrimination. The paper uses data from pre–unification Germany in the late 1980s and finds that female human capital suffers more from unemployment and that the market is harsher to males for becoming unemployed. New policies should encourage a regime where the hiring process is more transparent and hiring decisions are monitored on a regular basis. [ABSTRACT FROM AUTHOR]
- Published
- 2003
- Full Text
- View/download PDF
31. Self‐stated recovery from flooding: Empirical results from a survey in Central Vietnam.
- Author
-
Hudson, Paul, Pham, My, Hagedoorn, Liselotte, Thieken, Annegret, Lasage, Ralph, and Bubeck, Philip
- Subjects
SOCIAL groups ,FLOODS ,GENDER ,EQUALITY ,FLOOD warning systems ,SOCIAL capital - Abstract
Social inequalities lead to flood resilience inequalities across social groups, a topic that requires improved documentation and understanding. The objective of this paper is to attend to these differences by investigating self‐stated flood recovery across genders in Vietnam as a conceptual replication of earlier results from Germany. This study employs a regression‐based analysis of 1,010 respondents divided between a rural coastal and an urban community in Thua Thien‐Hue province. The results highlight an important set of recovery process‐related variables. The set of relevant variables is similar across genders in terms of inclusion and influence, and includes age, social capital, internal and external support after a flood, perceived severity of previous flood impacts, and the perception of stress‐resilience. However, women were affected more heavily by flooding in terms of longer recovery times, which should be accounted for in risk management. Overall, the studied variables perform similarly in Vietnam and Germany. This study, therefore, conceptually replicates previous results suggesting that women display slightly slower recovery levels as well as that psychological variables influence recovery rates more than adverse flood impacts. This provides an indication of the results' potentially robust nature due to the different socio‐environmental contexts in Germany and Vietnam. [ABSTRACT FROM AUTHOR]
- Published
- 2021
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- View/download PDF
32. The German Climate Forecast System: GCFS.
- Author
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Fröhlich, Kristina, Dobrynin, Mikhail, Isensee, Katharina, Gessner, Claudia, Paxian, Andreas, Pohlmann, Holger, Haak, Helmuth, Brune, Sebastian, Früh, Barbara, and Baehr, Johanna
- Subjects
NORTH Atlantic oscillation ,METEOROLOGICAL services ,SEA ice ,WEATHER forecasting ,LONG-range weather forecasting - Abstract
Seasonal prediction is one important element in a seamless prediction chain between weather forecasts and climate projections. After several years of development in collaboration with Universität Hamburg and Max Planck Institute for Meteorology, the Deutscher Wetterdienst performs operational seasonal forecasts since 2016 with the German Climate Forecast System, now in Version 2 (GCFS2.0). Here, the configuration of the previous system GCFS1.0 and the current GCFS2.0 are described and the performance of the two systems is compared over the common hindcast period of 1990–2014. In GCFS2.0, the forecast skill is improved compared to GCFS1.0 during boreal winter, especially for the Northern Hemisphere where the Pearson correlation has increased for the North Atlantic Oscillation index. Overall, a similar performance of GCFS2.0 in comparison to GCFS1.0 is assessed during the boreal summer. Future developments for climate forecasts need a stronger focus on the performance of interannual variability in a model system. Plain Language Summary: Information about the expected departure from the "normal" climatic conditions of an upcoming season would be tremendously valuable for many sectors of society. In Germany, three institutes join their expertise to build a climate forecast system using the Earth system model of the Max Planck Institute for Meteorology. This model describes the atmosphere, land and rivers as well as the ocean and sea ice. The model describes their interactions and is well designed for climate studies on a much longer timescale than a season. Max Planck Institute for Meteorology, Universität Hamburg and the German Meteorological Service Deutscher Wetterdienst have developed the methods those are necessary for such a forecast system and operationally perform the seasonal predictions. This paper compares two versions of our forecast system. The forecast quality during different seasons is particularly investigated. The expectation that the second model system is much better than the first system is not entirely fulfilled. We discuss possible reasons and suggest a stronger focus on the model quality for interannual variability for future model development. Key Points: A climate forecast system is developed on the basis of a coupled climate modelThe comparison of the first to the second version shows improvements in North Atlantic Oscillation forecasts. Forecast skill in tropical regions is not improved [ABSTRACT FROM AUTHOR]
- Published
- 2021
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33. Strategy Formation Across Organizational Boundaries: An Interorganizational Process Model.
- Author
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Hettich, Erwin and Kreutzer, Markus
- Subjects
DATA analysis ,EXPERIMENTAL design - Abstract
Strategic decision‐makers today face complex environments with meta‐problems that cut across multiple industries. Single organizations cannot address these meta‐problems. As a result, organizations collaborate with partners, among them also competitors, and commonly work together in multi‐partner initiatives (MPIs). How these organizations jointly form an interorganizational strategy (IOS), however, is not well understood. In this paper, we extend the current strategy process conceptualizations from an intraorganizational focus of a single firm to an interorganizational process of multiple strategy‐making entities working together. We selected the eMobility sector as our research context to develop such an IOS process model. We first developed 25 cases on MPIs in the German‐speaking area based on interviews and desk research, before we focused on the eMobility ecology in the southern part of Germany. We identified 291 MPIs, conducted interviews with 19 central actors, held several workshops and informal gatherings, and complemented these data with an analysis of publicly accessible documents. Using an inductive research design, we developed a process model that unfolds in three phases: initiation, negotiation and execution. We reveal specific process dynamics in MPIs to be critical in the formation and manifestation of IOS. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
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34. Limnological response to the Laacher See eruption (LSE) in an annually laminated Allerød sediment sequence from the Nahe palaeolake, northern Germany.
- Author
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Dreibrodt, Stefan, Krüger, Sascha, Weber, Jan, and Feeser, Ingo
- Subjects
WESTERLIES ,YOUNGER Dryas ,LAKE sediments ,PALYNOLOGY ,LAMINATED materials - Abstract
This paper presents evidence for a limnological response to the Laacher See eruption (LSE) as detected in lake sediments from Nahe, northern Germany. The sediment section of the Allerød period dating to between 13 422 and 12 708 cal. a BP is preserved in annual laminations. Within this section, the LSE was identified as a cryptotephra layer (12 944±44 cal. a BP). Microfacies analysis, continuous high‐resolution geochemical measurements and pollen analyses enabled a high‐resolution reconstruction of environmental change. The older part of the Allerød (c. 13 422 to 12 943 cal. a BP) was characterized by relatively stable sedimentation conditions. Evidence for windier conditions dating to c. 13 160 to 13 080 cal. a BP probably reflects the Gerzensee oscillation. Pronounced changes of the lake sedimentation followed the LSE. Four unusually thick varves with increased amounts of allochthonous material indicate serious disturbance of the local environment immediately after the LSE, related to increased storminess and/or the occurrence of high intensity rainfall events. A pronounced reduction of biogenic silica accumulation for c. 60 years after the LSE could reflect a period of acidification. Indications of a simultaneous lake level increase until c. 60 years after the LSE are in line with the supposed reduced evapotranspiration associated with cooler conditions. About 120 years after the LSE, increased oxygen access at the lake bottom, allochthonous input and Cl fluxes point to an onset of increasingly stronger westerly winds, probably as a long‐term response to the LSE. This supports the idea of a southward shift of the mid‐latitude westerlies wind system within the interval between the LSE and the beginning of the Younger Dryas. The pace of the southwards shift of this wind system decreased from 10 km a−1 in the initial phase (40–120 years after LSE) to 6 km a−1 in the later phase (120–200 years after LSE). [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
35. Increased risk of acute stroke among patients with severe COVID‐19: a multicenter study and meta‐analysis.
- Author
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Siepmann, T., Sedghi, A., Simon, E., Winzer, S., Barlinn, J., With, K., Mirow, L., Wolz, M., Gruenewald, T., Schroettner, P., Bonin, S., Pallesen, L.‐P., Rosengarten, B., Schubert, J., Lohmann, T., Machetanz, J., Spieth, P., Koch, T., Bornstein, S., and Reichmann, H.
- Subjects
COVID-19 ,STROKE patients - Abstract
Background and purpose: Recent observations linked coronavirus disease 2019 (COVID‐19) to thromboembolic complications possibly mediated by increased blood coagulability and inflammatory endothelial impairment. We aimed to define the risk of acute stroke in patients with severe and non‐severe COVID‐19. Methods: We performed an observational, multicenter cohort study in four participating hospitals in Saxony, Germany to characterize consecutive patients with laboratory‐confirmed COVID‐19 who experienced acute stroke during hospitalization. Furthermore, we conducted a systematic review using PubMed/MEDLINE, Embase, Cochrane Library and bibliographies of identified papers following Preferred Reporting Items for Systematic Reviews and Meta‐Analyses guidelines including data from observational studies of acute stroke in COVID‐19 patients. Data were extracted by two independent reviewers and pooled with multicenter data to calculate risk ratios (RRs) and 95% confidence intervals (95% CIs) for acute stroke related to COVID‐19 severity using a random‐effects model. Between‐study heterogeneity was assessed using Cochran's Q and I2 statistics. International Prospective Register of Systematic Reviews registration number: CRD42020187194. Results: Of 165 patients hospitalized for COVID‐19 (49.1% males, median age = 67 years [57–79 years], 72.1% severe or critical) included in the multicenter study, overall stroke rate was 4.2% (95% CI: 1.9–8.7). Systematic literature search identified two observational studies involving 576 patients that were eligible for meta‐analysis. Amongst 741 pooled COVID‐19 patients, overall stroke rate was 2.9% (95% CI: 1.9–4.5). Risk of acute stroke was increased for patients with severe compared to non‐severe COVID‐19 (RR = 4.18, 95% CI: 1.7–10.25; P = 0.002) with no evidence of heterogeneity (I2 = 0%, P = 0.82). Conclusions: Synthesized analysis of data from our multicenter study and previously published cohorts indicates that severity of COVID‐19 is associated with an increased risk of acute stroke. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
36. Global restructuring—a place for ecology?
- Author
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de Bruijn, Theo, Groenewegen, Peter, and Grolin, Jesper
- Subjects
CONFERENCES & conventions ,GREEN movement ,GREEN business ,ENVIRONMENTAL management - Abstract
This introductory article summarizes the discussions and results of the Fifth Annual Greening of Industry Conference, Global Restructuring—A Place for Ecology?, held in Heidelberg, Germany, November 25–27, 1997. The Greening of Industry Network is concerned with the transition of industry towards sustainable production as an essential part of achieving a sustainable society. The Network conferences, held at different locations around the world, promote this goal by bringing together participants from different regions and with different backgrounds (academia, industry, governments and NGOs). The conferences are venues for information exchange, learning and dialogue about different aspects of the greening of industry and possible pathways to a sustainable society. © 1997 John Wiley & Sons, Ltd and ERP Environment. [ABSTRACT FROM AUTHOR]
- Published
- 1997
- Full Text
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37. Essential ingredients for radical innovations? The role of (un‐)related variety and external linkages in Germany.
- Author
-
Hesse, Kolja and Fornahl, Dirk
- Subjects
- *
LABOR market , *TECHNOLOGICAL innovations - Abstract
The role of radical innovations for the economy has received increasing attention by German policy‐makers. This paper investigates how (un‐)related variety and external linkages influence these innovations in German labour market regions. Evidence is found that related and unrelated knowledge capabilities both support the emergence of radical innovations, although strong related capabilities are especially important. External linkages have an inverted u‐shape relation to radically new ideas and can act as substitute for missing unrelated competences in a region. The results shed new light on the emergence of radical innovations and thus have interesting scientific and practical implications. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
38. Marital Sorting, Inequality and the Role of Female Labour Supply: Evidence from East and West Germany.
- Author
-
Pestel, Nico
- Subjects
LABOR supply ,EQUALITY ,WOMEN employees ,MARITAL status ,INCOME inequality ,LABOR market - Abstract
This paper examines the effect of marital sorting on earnings inequality, taking into account extensive and intensive margin labour supply choices. Using German microdata, the observed distribution of couples' earnings is compared to a counterfactual of random matches. In West Germany, marital sorting is found to be disequalizing only after adjusting for labour supply. This means that positive sorting in earnings potential is veiled by low female participation rates. In East Germany, the impact is highly disequalizing even when earnings are taken as given, due to the fact that East German women are more attached to the labour market. [ABSTRACT FROM AUTHOR]
- Published
- 2017
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39. What drives patent performance of German biotech firms? The impact of R&D subsidies, knowledge networks and their location.
- Author
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Fornahl, Dirk, Broekel, Tom, and Boschma, Ron
- Subjects
BIOTECHNOLOGY ,ECONOMICS ,PATENTS ,RESEARCH ,BUSINESS enterprises - Abstract
This paper aims at explaining whether R&D subsidies, the engagement in collaboration networks and the location influence the patent activities of biotech firms in Germany! We demonstrate that R&D subsidies focusing on single firms do not increase patent intensity, while subsidies which are granted to joint R&D projects do so to a certain extent. The number of knowledge links firms have is not influencing performance, but the type of network partners has an effect. We found strong evidence that some but not too much cognitive distance between collaboration partners and being located in a cluster have a positive effect. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
40. How does changing age distribution impact stock prices? A nonparametric approach.
- Author
-
Park, Cheolbeom
- Subjects
DEMOGRAPHIC research ,STOCK prices ,AGE distribution ,HUMAN life cycle - Abstract
This paper examines whether variations in demographic structure have influenced stock prices. The study employs a nonparametric approach based on the Fourier Flexible Form representation, which relates variations in the entire age distribution to the normalized stock price under a flexible functional form. The main findings of this paper are that there is a significant impact from prime working-age consumers on the stock price, and that this impact is robust for all G5 countries (France, Germany, Japan, the UK and the USA). These findings survive many robust tests, and are consistent with the predictions from the life-cycle models. Copyright © 2009 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
- Published
- 2010
- Full Text
- View/download PDF
41. Synchronization and Delay Between Circulation Patterns and High Streamflow Events in Germany.
- Author
-
Conticello, Federico Rosario, Cioffi, Francesco, Lall, Upmanu, and Merz, Bruno
- Subjects
WATER vapor transport ,WEATHER ,GEOPOTENTIAL height ,SYNCHRONIZATION ,PATTERNS (Mathematics) ,ATMOSPHERIC circulation ,WATERSHEDS ,STREAMFLOW - Abstract
River floods cause extensive losses to economy, ecology, and society throughout the world. They are driven by the space‐time structure of catchment rainfall, which is determined by large‐scale, or even global‐scale, atmospheric processes. The identification of coherent, large‐scale atmospheric circulation structures that determine the moisture transport and convergence associated with rainfall‐induced flooding can help improve its predictability and phenomenology. In this paper, we extend a methodology, used for the analysis of extreme rainfall events, to high streamflow events (HSEs). The approach combines multiple machine learning methods to link HSEs to atmospheric circulation patterns. An application to the German streamflow network using reanalysis data for the period 1960 to 2012 is presented. Daily streamflow from 166 gauges, homogeneously distributed across Germany, are used. Geopotential height fields and integrated vapor transport (IVT) are derived from reanalysis data. An unsupervised neural network, Self Organizing Maps, is applied to geopotential height to identify a finite number of circulation patterns (CPs). Event synchronization between CPs and HSEs is used to establish if they are linked or not. If they are linked, the Event Synchronization method computes the delay between the occurrence of a CP and a HSE. Finally, local logistic regression is used to estimate the probability of occurrence of a HSE, as function of CP and IVT. We demonstrate that our approach is very effective to evaluate HSE probability occurrence across Germany. Key Points: Atmospheric circulation patterns that generate high streamflow events in Germany are identifiedEvent synchronization is used to determine synchronization and delay between atmospheric circulation patterns and high streamflow eventsThe occurrence probability of high streamflow events is conditioned on atmospheric circulation patterns and integrated water vapor transport [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
42. Unique preservation of siliceous dinoflagellate motile cells from the Oligocene fossil Lagerstätte of Sieblos, Germany.
- Author
-
Harding, Ian C. and Coxall, Helen
- Subjects
FOSSILS ,MOLDS (Casts & casting) ,OLIGOCENE Epoch ,FOSSIL microorganisms ,CELLS ,SHALE - Abstract
The Triassic to Recent fossil record of the dinoflagellates is represented overwhelmingly by geologically resistant, organic‐walled, non‐motile resting cysts; such cysts are formed following the sexual phase in the life cycle. Very few confirmed records exist of the motile stage being preserved in the fossil record. This paper reports the occurrence of two very unusual dinoflagellate taphofacies, one developed in bituminous shales and the other in micrites, from the Oligocene fossil Lagerstätte at Sieblos, Hesse, Germany. A new dinoflagellate taxon, Sieblososphaera martini sp. nov. has been identified through analysis of dissociated skeletal elements in the bituminous shales and external moulds and casts in the micrites. The unique preservation of these fossils confirms them not only as primary biogenically silicified motile thecate cells, but also indicates that there was a much greater range of tabulation present within the subfamily Lithoperidiniaceae than has hitherto been recognized. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
43. Establishing a valid approach for estimating familial risk of cancer explained by common genetic variants.
- Author
-
Weigl, Korbinian, Chang‐Claude, Jenny, Hsu, Li, Hoffmeister, Michael, and Brenner, Hermann
- Subjects
COLON cancer ,FAMILY history (Medicine) ,CANCER ,GENETIC epidemiology - Abstract
We critically examined existing approaches for the estimation of the excess familial risk of cancer that can be attributed to identified common genetic risk variants and propose an alternative, more straightforward approach for calculating this proportion using well‐established epidemiological methodology. We applied the underlying equations of the traditional approaches and the new epidemiological approach for colorectal cancer (CRC) in a large population‐based case–control study in Germany with 4,447 cases and 3,480 controls, who were recruited from 2003 to 2016 and for whom interview, medical and genomic data were available. Having a family history of CRC (FH) was associated with a 1.77‐fold risk increase in our study population (95% CI 1.52–2.07). Traditional approaches yielded estimates of the FH‐associated risk explained by 97 common genetics variants from 9.6% to 23.1%, depending on various assumptions. Our alternative approach resulted in smaller and more consistent estimates of this proportion, ranging from 5.4% to 14.3%. Commonly employed methods may lead to strongly divergent and possibly exaggerated estimates of excess familial risk of cancer explained by associated known common genetic variants. Our results suggest that familial risk and risk associated with known common genetic variants might reflect two complementary major sources of risk. What's new? Today's methods to evaluate excess familial risk of cancer explained by associated known common genetic variants may lead to strongly divergent and possibly exaggerated estimates. This paper presents an alternative, more straightforward approach using well‐established epidemiological methodology. Application in a large population‐based case–control study in colorectal cancer supports suggestions that this proportion may be substantially smaller than previously assumed and highly dependent on SNP pruning methods, the assumed risk for having a family history of CRC, and the number of identified SNPs. Rather than reflecting a major subcomponent of familial risk, common genetic variants appear to reflect substantial complementary risk. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
44. Personality traits, migration intentions, and cultural distance.
- Author
-
Fouarge, Didier, Özer, Merve Nezihe, and Seegers, Philipp
- Subjects
- *
FIVE-factor model of personality , *PERSONALITY - Abstract
This paper investigates the relationship between Big Five personality traits and individuals' intentions to migrate in countries that vary in their culture. Using data collected from university students in Germany, we find that extraversion and openness are positively associated with migration intentions, while agreeableness, conscientiousness, and emotional stability negatively relate to migration intentions. Openness positively and extraversion negatively relate to the willingness to move to culturally distant countries after controlling for geographic distance and economic differences between countries. Extravert and conscientious individuals are less likely to prefer linguistically distant countries contrary to agreeable individuals. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
45. Estimation of influenza‐ and respiratory syncytial virus‐attributable medically attended acute respiratory infections in Germany, 2010/11‐2017/18.
- Author
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an der Heiden, Matthias, Buchholz, Udo, and Buda, Silke
- Subjects
INFLUENZA ,HUMAN metapneumovirus infection ,RESPIRATORY syncytial virus ,RESPIRATORY infections ,AGE groups - Abstract
Background: The burden of influenza in primary care is difficult to assess, since most patients with symptoms of a respiratory infection are not tested. The case definition of "medically attended acute respiratory infection" (MAARI) in the German physician sentinel is sensitive; however, it requires modelling techniques to derive estimates of disease attributable to influenza and respiratory syncytial virus (RSV). Objectives: The objective of this paper was to review and extend our previously published model in order to estimate the burden of RSV and the differential burden of the two influenza B lineages (Victoria, Yamagata) as well as both influenza A subtypes on primary care visits. Methods: Data on MAARI and virological results of respiratory samples (virological sentinel) were available from 2010/11 until 2017/18. We updated the previously published generalized additive regression model to include RSV. Results: We found that the proportion of MAARI due to RSV is substantial only in the 0‐1‐ and 2‐4‐year‐old age groups (0‐1 years old: median 7.5%, range 4.0%‐14.8%; 2‐4 years old: median 6.5%, range 4.0%‐10.3%); in the 0‐1 years old age group, RSV leads in almost all seasons to a higher burden than any influenza type or subtype, but this is reversed in the age group 2‐4 years old. Conclusions: We succeeded in rearranging our previously published model on MAARI to incorporate RSV as well as the two influenza B lineages (Victoria, Yamagata) in the time period 2010 to 2018. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
46. An innovative feature selection method for support vector machines and its test on the estimation of the credit risk of default.
- Author
-
Sariev, Eduard and Germano, Guido
- Subjects
DEFAULT (Finance) ,SUPPORT vector machines ,CREDIT risk ,COUNTERPARTY risk ,FEATURE selection - Abstract
Support vector machines (SVM) have been extensively used for classification problems in many areas such as gene, text and image recognition. However, SVM have been rarely used to estimate the probability of default (PD) in credit risk. In this paper, we advocate the application of SVM, rather than the popular logistic regression (LR) method, for the estimation of both corporate and retail PD. Our results indicate that most of the time SVM outperforms LR in terms of classification accuracy for the corporate and retail segments. We propose a new wrapper feature selection based on maximizing the distance of the support vectors from the separating hyperplane and apply it to identify the main PD drivers. We used three datasets to test the PD estimation, containing (1) retail obligors from Germany, (2) corporate obligors from Eastern Europe, and (3) corporate obligors from Poland. Total assets, total liabilities, and sales are identified as frequent default drivers for the corporate datasets, whereas current account status and duration of the current account are frequent default drivers for the retail dataset. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
47. Cyclical Productivity in Europe and the United States: Evaluating the Evidence on Returns to Scale and Input Utilization.
- Author
-
INKLAAR, ROBERT
- Subjects
PRODUCTION (Economic theory) ,ECONOMIC demand ,UNITED States economy ,GERMAN economy ,ECONOMIC conditions in the Netherlands ,FRENCH economy - Abstract
This paper studies procyclical productivity growth at the industry level in the United States and three European countries (France, Germany and the Netherlands). Industry-specific demand-side instruments are used to examine the prevalence of non-constant returns to scale and unmeasured input utilization. For the aggregate US economy, unmeasured input utilization seems to explain procyclical productivity. However, this correction still leaves one in three US industries with procyclical productivity. This failure of the model can also be seen in Europe and is mostly concentrated in services industries. [ABSTRACT FROM AUTHOR]
- Published
- 2007
- Full Text
- View/download PDF
48. The localisation of entrepreneurship capital: Evidence from Germany.
- Author
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Audretsch, David B. and Keilbach, Max
- Subjects
ECONOMIC development ,ECONOMIC indicators ,ENTREPRENEURSHIP ,ECONOMIC history ,CULTURE - Abstract
Whereas initially physical capital and later, knowledge capital were viewed as crucial for growth, more recently a very different factor, entrepreneurship capital, has emerged as a driving force of economic growth. In this paper, we define a region's capacity to create new firms start-ups as the region's entrepreneurship capital. We then investigate the local embeddedness of this variable and which variables have an impact on this variable. Using data for Germany, we find that knowledge-based entrepreneurship capital is driven by local levels of knowledge creation and the acceptance of new ideas, indicating that local knowledge flows play an important role. Low-tech entrepreneurship capital is rather increased by regional unemployment and driven by direct incentives such as subsidies. All three measures are locally clustered, indicating that indeed, entrepreneurship capital is a phenomenon that is driven by local culture, and is therefore locally bounded. Mientras que inicialmente el capital físico, y posteriormente el capital conocimiento, fue considerado crucial para el crecimiento, más recientemente un factor muy diferente, el capital empresarial de espíritu emprendedor ( entrepreneurship capital), ha surgido como una fuerza impulsora de crecimiento económico. En este artículo, definimos como capital empresarial emprendedor la capacidad de una región para originar la puesta en marcha de nuevas empresas. A continuación investigamos el arraigo local de esta variable y las variables que tienen un impacto sobre esta variable. Usando datos de Alemania, hallamos que el capital empresarial emprendedor basado en el conocimiento está motivado por niveles locales de creación de conocimiento y la aceptación de nuevas ideas, indicando que los flujos de conocimiento local juegan un papel importante. El capital empresarial emprendedor basado en bajas tecnologías aumenta con el desempleo regional y está motivado por incentivos directos como subsidios. Las tres variables están agrupadas localmente ( locally clustered), indicando que sin duda el capital empresarial emprendedor es un fenómeno motivado por la cultura local, y por tanto atribuible a una localidad. [ABSTRACT FROM AUTHOR]
- Published
- 2007
- Full Text
- View/download PDF
49. Thresholds for employment and unemployment: A spatial analysis of German regional labour markets, 1992–2000.
- Author
-
Kosfeld, Reinhold and Dreger, Christian
- Subjects
EMPLOYMENT ,UNEMPLOYMENT ,LABOR market ,EIGENFUNCTIONS - Abstract
This paper applies Verdoorn's and Okun's law to derive efficient estimates of the employment and unemployment threshold in the Unified Germany. The analysis is built on a disaggregated dataset of regional labour markets, where spatial dependencies are taken into account. Especially, a spatial SUR model is proposed utilising the eigenfunction decomposition approach suggested by Griffith (1996, 2000 ). The thresholds turn out to be unstable over time. However, minimum output growth sufficient for a rise in employment is below the level needed for a drop in the unemployment rate. If spatial effects are ignored, the thresholds seem to be markedly overrated. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
50. Hybridisation or Polarisation: Doctors and Accounting in the UK, Germany and Italy.
- Author
-
Jacobs, Kerry
- Subjects
ACCOUNTING ,PROFESSIONAL education ,GENERAL practitioners ,MEDICAL personnel - Abstract
This paper describes a study of doctors and the education of doctors in Germany, Italy and the UK and the changing location of accounting practices and expertise. In these countries there have been coercive reform attempts to get doctors to accept increased financial responsibility and pay greater attention to costs and budgets.suggested that Finnish doctors have willingly adopted accounting practices as part of their legitimated competencies and have become a hybrid profession. This paper address the question of whether that is a valid generalisation in Germany, Italy or the UK. The key focus of the paper is on the education and training of doctors, which should have altered if hybridisation has occurred. The finding is that there is no evidence from the countries studied that accounting has become incorporated into the formal education of doctors. While there were management and accounting training courses for doctors these were only available for those in or aiming for clinico-managerial positions. This does not support the argument that medicine has become a hybridised profession, but it does support the case for polarisation. These changes are absorbed or managed by an emergent sub-group, the medical manager. [ABSTRACT FROM AUTHOR]
- Published
- 2005
- Full Text
- View/download PDF
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