I\u27d Weep with Thee

I\u27d weep with thee, if tears could keep,The memories of the past from me,I\u27d weep with thee, if tears could keep The memories of the past from me,Or happier far if I could weep,One hour of gladness back to thee;Or happier far if I could weepOne hour of gladness back to thee!I\u27d weep with thee, if tears could keep,The memories of the past from me; I\u27d weep with thee;I\u27d weep with thee. I\u27d weep with thee, if tears could bring,Again the sunny hopes we knew,I\u27d weep with thee, if tears could bring Again the sunny hopes we knew,Until my heart had tried each spring,Until my heart had tried each spring, of slumb\u27ring sorrow,O\u27er anew, of slumb\u27ring sorrow o\u27er anew,I\u27d weep with thee, if tears could bring,Again the sunny hopes we knew,I\u27d weep with thee,I\u27d weep with thee

How to Educate Entrepreneurs?

Entrepreneurship education has two purposes: To improve students’ entrepreneurial skills and to provide impetus to those suited to entrepreneurship while discouraging the rest. While entrepreneurship education helps students to make a vocational decision its effects may conflict for those not suited to entrepreneurship. This study shows that vocational and the skill formation effects of entrepreneurship education can be identified empirically by drawing on the Theory of Planned Behavior. This is embedded in a structural equation model which we estimate and test using a robust 2SLS estimator. We find that the attitudinal factors posited by the Theory of Planned Behavior are positively correlated with students’ entrepreneurial intentions. While conflicting effects of vocational and skill directed course content are observed in some individuals, overall these types of content are complements. This finding contradicts previous results in the literature. We reconcile the conflicting findings and discuss implications for the design of entrepreneurship courses.Entrepreneurship education; entrepreneurial intention; theory of planned behavior; structural equation models; two stage least squares.

Surprises in a Growing Market Niche

High replacement rates from public old age insurance might lead to the belief that little room is left for private sector annuities in Germany. Taking a closer look, we find a small market with a surprisingly large variety of products. Due to the recent pension reform and future ones to come the market is projected to grow substantially in the upcoming years. This paper describes the available annuity contracts and determines their money’s worth for different subgroups of the population.

Mandatory unisex policies and annuity pricing: quasi-experimental evidence from Germany

We analyse the effect of abolishing gender-based categorisation of risks on the pricing of annuity contracts. Under the absence of screening activities, we find clear evidence of insurers expecting strong adverse selection effects. In particular, most of the unisex contracts’ payouts closely resemble those from women’s policies before the reform. Hence the policy target is not met and there are large efficiency losses for men. We conclude that there seems to be little hope for unisex policies to meet their equity objectives if consumers can react on the extensive margin, unless subsidies are extremely large.

Mandatory Unisex Policies And Annuity Pricing: Quasi-Experimental Evidence From Germany

We analyse the effect of abolishing gender-based categorisation of risks on the pricing of annuity contracts. Under the absence of screening activities, we find clear evidence of insurers expecting strong adverse selection effects. In particular, most of the unisex contracts’ payouts closely resemble those from women’s policies before the reform. Hence the policy target is not met and there are large efficiency losses for men. We conclude that there seems to be little hope for unisex policies to meet their equity ob jectives if consumers can react on the extensive margin, unless subsidies are extremely large.

Surprises in a Growing Market Niche - An Evaluation of the German Private Annuities Market

High replacement rates from public old age insurance might lead to the belief that little room is left for private sector annuities in Germany. Taking a closer look, we find a small market with a surprisingly large variety of products. Due to the recent pension reform and future ones to come the market is projected to grow substantially in the upcoming years. This paper describes the available annuity contracts and determines their money’s worth for different subgroups of the population.

The Effects of Entrepreneurship Education

Entrepreneurship education ranks highly on policy agendas in Europe and the US, but little research is available to assess its impacts. In this context it is of primary importance to understand whether entrepreneurship education raises intentions to be entrepreneurial generally or whether it helps students determine how well suited they are for entrepreneurship. We develop a theoretical model of Bayesian learning in which entrepreneurship education generates signals which help students to evaluate their own aptitude for entrepreneurial tasks. We derive predictions from the model and test them using data from a compulsory entrepreneurship course at a German university. Using survey responses from 189 students ex ante and ex post, we ?nd that entrepreneurial propensity declined somewhat in spite of generally good evaluations of the class. Our tests of Bayesian updating provide support for the notion that students receive valuable signals and learn about their own type in the entrepreneurship course.entrepreneurship; entrepreneurship education; Bayes’ Rule; learning; signals

The Roles of Openness and Labor Market Institutions for Employment Dynamics during Economic Crises

Employment effects of the recent global economic crisis have differed significantly across countries. An active public debate currently focuses on external shocks and the role of labor market policies as a driver of those differences. In this note, we analyze the roles of integration into the global economy and different labor market institutions during different phases of past global economic downturns and domestic banking and debt crises. We find that domestic debt and banking crises were much more severe in their impact on employment than were global economic downturns. On average, the reduction in employment growth was more than twice as strong. We also find that openness to trade has both deepened the contractionary effects on employment and allowed for a faster recovery. High severance pay dampened the employment effect in both domestic crises and global economic downturns, whereas very high unemployment benefits were associated with stronger reductions in employment growth.openness, labor, labor market, employment, crisis, integration, debt, banking, unemployment, recovery, severance pay

Elephant Movements and Human-Elephant Conflict in a Transfrontier Conservation Area

In this thesis I explore how elephant movements are impacted by human activity within the context of the proposed Kavango-Zambezi Transfrontier Conservation Area (KAZA TFCA) in southern Africa. Being a wide-ranging species, the movements of elephants could be an excellent indicator as to the success of TFCAs in supporting species persistence in an anthropogenic matrix. Understanding which areas beyond protected area boundaries are of heightened conservation importance can provide managers and governments with insights for the management of the elephant population of KAZA TFCA, and assist managers and governments in prioritising conservation efforts