Monthly disaggregated US data from 1978 to 2016 reveal that exposure to news on inflation and monetary policy helps to explain inflation expectations. This remains true when controlling for household personal characteristics, ...

The number of Muslim-interfaith couples in European countries has become significant due to transnational migration and a growing number of Muslims living in Muslim Minority countries. While the challenges for partners in ...

We analyze novel portfolio liquidation games with self-exciting order flow. Both the N-player game and the mean-field game (MFG) are considered. We assume that players' trading activities have an impact on the dynamics of ...

To explore whether changes in the selection into full-time work among German men were a driver in the rise in wage inequality since the mid-1990s, we propose a modification of selection-corrected quantile regressions. ...

Background Statistical model building requires selection of variables for a model depending on the model’s aim. In descriptive and explanatory models, a common recommendation often met in the literature is to ...

This study analyzes the impact of large anti‐lockdown protests on the spread of SARS‐CoV‐2 in Germany. Since protesters at such large gatherings are very mobile and largely neglect SARS‐CoV‐2 containment strategies, they ...

A primary goal in modelling the dynamics of implied volatility surfaces (IVS) aims at reducing complexity. For this purpose one fits the IVS each day and applies a principal component analysis using a functional norm. This ...

What do we expect when we say something to someone, and what do they expect when they hear it? When is a conversation successful? The book considers a wide set of two-person conversations, and a bit of game theory, to show ...

Dem deutschen Arbeitsmarkt ging es noch nie seit der Wiedervereinigung so gut wie heute. Die nachhaltige Entwicklung seit 2005 ist auf einen entscheidenden Treiber zurückzuführen: die Umverteilung eines beinahe gleichbleibenden ...

Capturing complex dependence structures between outcome variables (e.g., study endpoints) is of high relevance in contemporary biomedical data problems and medical research. Distributional copula regression provides a ...