@article{AlgieriKalkuhlKoch2017, author = {Algieri, Bernardina and Kalkuhl, Matthias and Koch, Nicolas}, title = {A tale of two tails: Explaining extreme events in financialized agricultural markets}, series = {Food policy : economics planning and politics of food and agriculture}, volume = {69}, journal = {Food policy : economics planning and politics of food and agriculture}, publisher = {Elsevier}, address = {Oxford}, issn = {0306-9192}, doi = {10.1016/j.foodpol.2017.05.004}, pages = {256 -- 269}, year = {2017}, abstract = {The substantial booms and busts in agricultural prices marked by extreme events across commodities lead to heated debates about the effects of speculative trading on commodity price fluctuations. This study proposes a new approach to understanding extreme events and boom-bust processes in agricultural markets. Using weekly futures data for twelve indexed agricultural commodities during 2006 to 2016, we find that extreme price changes, located in the 10\% tails of the distribution, cluster across agricultural markets. We then implement a multinomial logit model to investigate which factors are associated with the propagation of extreme events. Specifically, we disentangle three transmission conduits. (1) The macroeconomic conduit captures the possibility that the synchronized extreme price events are generated by business-cycle driven demand shifts mainly in emerging economies. (2) The financial conduit refers to potential links between extreme returns and the increasing flow of money from financial participants into agricultural futures markets. (3) Finally, the energy conduit accounts for possible spillover effects due to oil price shocks. Our results indicate an important role of managed money positions and oil prices while the real demand channel remains mostly insignificant. (C) 2017 Elsevier Ltd. All rights reserved.}, language = {en} } @article{BenderTeichmannUllrich2017, author = {Bender, Benedict and Teichmann, Malte and Ullrich, Andre}, title = {Mobile IIoT-Technologien als Erfolgsfaktor f{\"u}r Fertigung und Lernszenarien}, series = {Industrial Internet of Things in der Arbeits- und Betriebsorganisation}, journal = {Industrial Internet of Things in der Arbeits- und Betriebsorganisation}, publisher = {Gito}, address = {Berlin}, isbn = {978-3-95545-225-4}, pages = {235 -- 257}, year = {2017}, language = {de} } @article{BleyenKlimovskyBouckaertetal.2017, author = {Bleyen, Pieter and Klimovsky, Daniel and Bouckaert, Geert and Reichard, Christoph}, title = {Linking budgeting to results?}, series = {Public Management Review}, volume = {19}, journal = {Public Management Review}, number = {7}, publisher = {Routledge, Taylor \& Francis Group}, address = {London}, issn = {1471-9037}, doi = {10.1080/14719037.2016.1243837}, pages = {932 -- 953}, year = {2017}, abstract = {This article contributes to the debate on the incorporation of performance information in European local government budgets. At the core is the development of an analytical model for comparing efforts of performance budgeting (PB). Evidence in ten cases indicates that performance structures and the span of performance differ, that performance indicators are far from always measuring outcomes or outputs, and that future and past performance figures are often absent. Nevertheless similar learning trajectories do exist. Possible explanations for the variation involve the varying degrees of reform implementation, experience with PB and prevailing institutional arrangements.}, language = {en} } @article{CaliendoKuennMahlstedt2017, author = {Caliendo, Marco and K{\"u}nn, Steffen and Mahlstedt, Robert}, title = {The return to labor market mobility}, series = {Journal of Public Economics}, volume = {148}, journal = {Journal of Public Economics}, publisher = {Elsevier}, address = {Lausanne}, issn = {0047-2727}, doi = {10.1016/j.jpubeco.2017.02.008}, pages = {136 -- 151}, year = {2017}, abstract = {In many European countries, labor markets are characterized by high regional disparities in terms of unemployment rates on the one hand and low geographical mobility among the unemployed on the other hand. In order to counteract the geographical mismatch of workers, the German active labor market policy offers a subsidy covering moving costs to incentivize unemployed job seekers to search/accept jobs in distant regions. Based on administrative data, this study provides the first empirical evidence on the impact of this subsidy on participants' prospective labor market outcomes. We use an instrumental variable approach to take endogenous selection based on observed and unobserved characteristics into account when estimating causal treatment effects. We find that unemployed job seekers who participate in the subsidy program and move to a distant region receive higher wages and find more stable jobs compared to non-participants. We show that the positive effects are (to a large extent) the consequence of a better job match due to the increased search radius of participants.}, language = {en} } @article{CaliendoMahlstedtMitnik2017, author = {Caliendo, Marco and Mahlstedt, Robert and Mitnik, Oscar A.}, title = {Unobservable, but unimportant? The relevance of usually unobserved variables for the evaluation of labor market policies}, series = {Labour economics : an international journal}, volume = {46}, journal = {Labour economics : an international journal}, publisher = {Elsevier}, address = {Amsterdam}, issn = {0927-5371}, doi = {10.1016/j.labeco.2017.02.001}, pages = {14 -- 25}, year = {2017}, language = {en} } @article{EggersLovelaceKraft2017, author = {Eggers, Fabian and Lovelace, Kathi J. and Kraft, Frederik}, title = {Fostering creativity through critical thinking: The case of business start-up simulations}, series = {Creativity and innovation management}, volume = {26}, journal = {Creativity and innovation management}, publisher = {Wiley}, address = {Hoboken}, issn = {0963-1690}, doi = {10.1111/caim.12225}, pages = {266 -- 276}, year = {2017}, abstract = {Research suggests a positive link between critical thinking and creativity. However, this relationship has not been measured in an empirical study. This study aims to explore whether critical thinking can serve to enhance creativity and whether creativity positively mediates the relationship between critical thinking and business performance. In this study, we analyse these relationships within the entrepreneurial context of a web-based business start-up simulation. We examined data from 26 teams of three to four senior business students and found partial support for our hypotheses. Critical thinking positively influenced creativity, measured as the total number of unique product designs. Creativity (unique product designs) also positively mediated the link between critical thinking and performance. This effect, however, did not exist when creativity was assessed through advertisement designs. This research contributes to entrepreneurship and innovation management by demonstrating the importance of critical thinking as a basis for creativity and testing this relationship in a business start-up simulation context.}, language = {en} } @article{Glaschke2017, author = {Glaschke, Christian}, title = {Auswahl und Einf{\"u}hrung von ERP-Systemen}, series = {Die Rolle von ERP-Systemen im Zeitalter der Digitalisierung}, journal = {Die Rolle von ERP-Systemen im Zeitalter der Digitalisierung}, publisher = {Gito}, address = {Berlin}, isbn = {978-3-95545-197-4}, pages = {197 -- 210}, year = {2017}, language = {de} } @article{Gronau2017, author = {Gronau, Norbert}, title = {Trends in der ERP Branche}, series = {Die Rolle von ERP-Systemen im Zeitalter der Digitalisierung}, journal = {Die Rolle von ERP-Systemen im Zeitalter der Digitalisierung}, publisher = {Gito}, address = {Berlin}, isbn = {978-3-95545-197-4}, pages = {85 -- 109}, year = {2017}, language = {de} } @article{GronauUlrichBender2017, author = {Gronau, Norbert and Ulrich, Andre and Bender, Benedict}, title = {Hybride Lernfabrik im Anwendungszentrum Industrie 4.0}, series = {Industrial Internet of Things in der Arbeits- und Betriebsorganisation}, journal = {Industrial Internet of Things in der Arbeits- und Betriebsorganisation}, publisher = {Gito}, address = {Berlin}, isbn = {978-3-95545-225-4}, pages = {1 -- 23}, year = {2017}, language = {de} } @article{HaileKalkuhlAlgierietal.2017, author = {Haile, Mekbib Gebretsadik and Kalkuhl, Matthias and Algieri, Bernardina and Gebreselassie, Samuel}, title = {Price shock transmission}, series = {Agricultural economics}, volume = {48}, journal = {Agricultural economics}, number = {6}, publisher = {Wiley}, address = {Hoboken}, issn = {0169-5150}, doi = {10.1111/agec.12373}, pages = {769 -- 780}, year = {2017}, abstract = {This study assesses the degree of vertical price transmission along the wheat-bread value chain in Ethiopia. This is pursued by applying a vector error correction model and an impulse response analysis using monthly price data for the period 2000-2015. Our analysis considers transmission of price shocks across different market levels, including from the international and domestic wheat grain markets at the upstream to the domestic wheat bread market at the downstream of the value chain. The empirical findings indicate that significant cointegration exists across prices of the different market stages. There is a transmission from international prices to domestic prices at downstream markets, in particular to flour and bread prices. Prices at upstream markets are largely influenced by the domestic wholesale market. In general, the speed of adjustment is quite slow with a half-life of about one year for restoring the equilibrium price relationship. As price margins between the different market stages in the value chain have substantially decreased in the last 15 years, higher transmission, and thus exposure to international market shocks, can be expected in the future. The results also show that causal relationships exist between prices at different market stageswith the wholesale market identified as the key market level where prices and price expectations are formed.}, language = {en} }