Jahrbücher für Nationalökonomie und Statistik

Open Access Published by De Gruyter Oldenbourg

Volume 236 Issue 5 -

Issue of Jahrbücher für Nationalökonomie und Statistik

Contents
Journal Overview

Publicly Available September 13, 2016

Frontmatter

Page range: i-iii

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Original Paper

August 27, 2016

Determinants of Business Fixed Investment: Evidence from German Firm-Level Data

Thiess Buettner, Anja Hoenig

Page range: 533-556

Abstract

This paper employs a novel firm-level dataset that combines financial accounts of German firms with data from a business survey to shed new light on the demand for capital. The empirical analysis employs firm-specific indicators in order to explore the effects of sales, the cost of capital and indicators of the business climate, which are used by the ifo Institute to provide a leading indicator for the German economy. The empirical results support a robust significant effect of a firm’s cost of capital on the stock of capital with an elasticity not significantly different from –1. Controlling for sales, a good rather than normal business situation is found to be associated with about 8 % higher investment.

Discussion Paper

Publicly Available August 5, 2016

Die Interpretation des p-Wertes – Grundsätzliche Missverständnisse

Norbert Hirschauer, Oliver Mußhoff, Sven Grüner, Ulrich Frey, Insa Theesfeld, Peter Wagner

Page range: 557-575

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Abstract

Zusammenfassung Der p -Wert wird vielfach als Goldstandard für Inferenzschlüsse angesehen. Zur Validierung statistischer Zusammenhänge hat sich die Konvention herausgebildet, möglichst geringe p -Werte einzufordern und bei Werten unterhalb gewisser Schwellen (z. B. 0,05) von statistisch signifikanten Ergebnissen zu sprechen. Häufig wird der p -Wert auch als Irrtumswahrscheinlichkeit bezeichnet. Beide Begriffe sind problematisch, da sie Missverständnissen Vorschub leisten. Hinzu kommt, dass das sog. p-hacking , d. h. die gezielte Suche nach Auswertungen, die zu statistisch signifikanten Ergebnissen führen, Verzerrungen hervorrufen und die Rate falscher Entdeckungen ( false discovery rate ) erhöhen kann. Fehlinterpretationen des p -Wertes und auswertungsbedingte Verzerrungen wurden über die Jahrzehnte hinweg immer wieder kritisch diskutiert. In der empirischen Forschung scheinen sie aber persistent zu sein und in den letzten Jahren wurde die p -Wert-Debatte wegen der Nicht-Reproduzierbarkeit vieler Studien zunehmend intensiv geführt. Angesichts der über die Disziplinen verstreuten und oft auf Einzelaspekte abzielenden Literatur zur p -Wert-Problematik beschreibt dieser Methodenkommentar systematisch die wichtigsten Probleme und diskutiert die entsprechenden Lösungsvorschläge.

Comment

August 27, 2016

Kommentar zu „Die Interpretation des p-Wertes – Grundsätzliche Missverständnisse“

Rafael Weißbach

Page range: 577-580

Data Observer

Open Access June 11, 2016

The Research Data Center PIAAC at GESIS

Anja Perry, Beatrice Rammstedt

Page range: 581-593

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Book Reviews

August 27, 2016

Trautwein, Hans-Michael: Studien zur Entwicklung der ökonomischen Theorie XXX

Hermann Rauchenschwandtner

Page range: 595-603

August 27, 2016

Schefold, Bertram: Great Economic Thinkers from Antiquity to the Historical School

Helge Peukert

Page range: 605-607

About this journal

The Journal of Economics and Statistics (Jahrbücher für Nationalökonomie und Statistik) is a scientific journal published in Germany since 1863. The journal publishes papers in all fields of economics and applied statistics. A specific focus is on papers combining theory with empirical analyses. Papers providing conclusions for economic policy in Europe are particularly welcome. Nevertheless, distinguished papers dealing exlusively with economic theory, empirical models, or economic history, will not be excluded from consideration.

The editors invite replication studies focusing on the robustness of empirical findings. The section Data Observer presents articles on data sets available for empirical research and institutions providing research data. The journal also publishes special issues, short comments, and book reviews. All freely accessible contributions, including the Data Observer articles, can be found via the website's article search functionality.

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Starting 2023, the Journal of Economics and Statistics will be transferred to Diamond Open Access on a year-by-year basis. All articles will thus immediately appear under the Creative Commons license CC-BY. There will be no publication costs for the authors.
The Open Access transformation is based on Subscribe-to-Open, an alternative model that enables the full Open Access transformation of journals through the continuation of existing subscriptions. The prerequisite for successful transformation is that subscriptions are continued to the same extent as before. The editors of the Journal of Economics and Statistics and the publisher De Gruyter would therefore like to thank all subscribers for their support, which has made the transformation to Open Access possible.

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Call for Papers

Special Issue on "Sports Economics"

Guest Editors: Bernd Frick, Paderborn University; Thomas Peeters, Erasmus University Rotterdam; Rob Simmons, Lancaster University

Timeline: Submission of full papers November 30, 2023

Further details

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Special Issue on "Advancing Agent-Based Economics"

Guest Editors: Michael Neugart, Technical University of Darmstadt) and Frank Westerhoff, University of Bamberg

Timeline: Submission of full papers December 31, 2023

Further details

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Special Issue on "Central Bank Digital Currency"

Guest Editors: Katrin Assenmacher, European Central Bank and Michael Frenkel, WHU

Timeline: Submission of full papers January 08, 2024

Further details

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