[{"user_id":"65503","_id":"45401","language":[{"iso":"eng"}],"keyword":["Economics and Econometrics"],"type":"journal_article","publication":"German Economic Review","status":"public","abstract":[{"lang":"eng","text":"<jats:title>Abstract</jats:title>\n               <jats:p>This paper investigates the price impact of the fuel discount in Germany, which was introduced between June and August 2022 to partially compensate increased energy costs. Using the augmented synthetic control method (ASCM) to construct the counterfactual, we provide quantitative evidence to the heated debate concerning the impact of this policy tool and find the fuel discount to have decreased consumer prices of petrol (diesel) by at least 0.30 euro per litre (0.10 euro per litre) on average. The results are robust to various sensitivity checks. Thus, oil companies and petrol stations decreased prices for consumers and passed on about 85 % (65 %) of the discount in case of petrol (diesel). Moreover, we do not find signs of excessive price increases in anticipation of the fuel discount.</jats:p>"}],"date_created":"2023-05-31T10:08:15Z","author":[{"last_name":"Seiler","full_name":"Seiler, Volker","first_name":"Volker"},{"first_name":"Nico","full_name":"Stöckmann, Nico","last_name":"Stöckmann"}],"volume":"0","publisher":"Walter de Gruyter GmbH","date_updated":"2023-05-31T10:09:11Z","doi":"10.1515/ger-2022-0108","title":"The Impact of the German Fuel Discount on Prices at the Petrol Pump","issue":"0","publication_status":"published","publication_identifier":{"issn":["1465-6485","1468-0475"]},"citation":{"ama":"Seiler V, Stöckmann N. The Impact of the German Fuel Discount on Prices at the Petrol Pump. <i>German Economic Review</i>. 2023;0(0). doi:<a href=\"https://doi.org/10.1515/ger-2022-0108\">10.1515/ger-2022-0108</a>","chicago":"Seiler, Volker, and Nico Stöckmann. “The Impact of the German Fuel Discount on Prices at the Petrol Pump.” <i>German Economic Review</i> 0, no. 0 (2023). <a href=\"https://doi.org/10.1515/ger-2022-0108\">https://doi.org/10.1515/ger-2022-0108</a>.","ieee":"V. Seiler and N. Stöckmann, “The Impact of the German Fuel Discount on Prices at the Petrol Pump,” <i>German Economic Review</i>, vol. 0, no. 0, 2023, doi: <a href=\"https://doi.org/10.1515/ger-2022-0108\">10.1515/ger-2022-0108</a>.","mla":"Seiler, Volker, and Nico Stöckmann. “The Impact of the German Fuel Discount on Prices at the Petrol Pump.” <i>German Economic Review</i>, vol. 0, no. 0, Walter de Gruyter GmbH, 2023, doi:<a href=\"https://doi.org/10.1515/ger-2022-0108\">10.1515/ger-2022-0108</a>.","short":"V. Seiler, N. Stöckmann, German Economic Review 0 (2023).","bibtex":"@article{Seiler_Stöckmann_2023, title={The Impact of the German Fuel Discount on Prices at the Petrol Pump}, volume={0}, DOI={<a href=\"https://doi.org/10.1515/ger-2022-0108\">10.1515/ger-2022-0108</a>}, number={0}, journal={German Economic Review}, publisher={Walter de Gruyter GmbH}, author={Seiler, Volker and Stöckmann, Nico}, year={2023} }","apa":"Seiler, V., &#38; Stöckmann, N. (2023). The Impact of the German Fuel Discount on Prices at the Petrol Pump. <i>German Economic Review</i>, <i>0</i>(0). <a href=\"https://doi.org/10.1515/ger-2022-0108\">https://doi.org/10.1515/ger-2022-0108</a>"},"year":"2023"},{"abstract":[{"lang":"eng","text":"<jats:title>Abstract</jats:title>\r\n               <jats:p> Several studies have analyzed motives to work in the public versus private sector. However, research on prosocial motivation in the context of public sector employment has largely neglected civic virtue, the motive to contribute to society. This study considers civic virtue in addition to other possible motives, using a representative, longitudinal dataset of employees in Germany including 63,180 observations of 13,683 different individuals. We find that civic virtue relates positively to public sector employment beyond altruism, risk aversion, laziness and (low) financial motivation. The result holds within different branches and is explained by sorting into the sector.</jats:p>"}],"status":"public","type":"journal_article","publication":"German Economic Review","language":[{"iso":"eng"}],"_id":"57396","user_id":"80877","department":[{"_id":"681"}],"year":"2018","citation":{"bibtex":"@article{Ayaita_Yang_Gülal_2018, title={Where Does the Good Shepherd Go? Civic Virtue and Sorting into Public Sector Employment}, volume={20}, DOI={<a href=\"https://doi.org/10.1111/geer.12180\">10.1111/geer.12180</a>}, number={4}, journal={German Economic Review}, publisher={Walter de Gruyter GmbH}, author={Ayaita, Adam and Yang, Philip and Gülal, Filiz}, year={2018}, pages={e571–e599} }","mla":"Ayaita, Adam, et al. “Where Does the Good Shepherd Go? Civic Virtue and Sorting into Public Sector Employment.” <i>German Economic Review</i>, vol. 20, no. 4, Walter de Gruyter GmbH, 2018, pp. e571–99, doi:<a href=\"https://doi.org/10.1111/geer.12180\">10.1111/geer.12180</a>.","short":"A. Ayaita, P. Yang, F. Gülal, German Economic Review 20 (2018) e571–e599.","apa":"Ayaita, A., Yang, P., &#38; Gülal, F. (2018). Where Does the Good Shepherd Go? Civic Virtue and Sorting into Public Sector Employment. <i>German Economic Review</i>, <i>20</i>(4), e571–e599. <a href=\"https://doi.org/10.1111/geer.12180\">https://doi.org/10.1111/geer.12180</a>","ieee":"A. Ayaita, P. Yang, and F. Gülal, “Where Does the Good Shepherd Go? Civic Virtue and Sorting into Public Sector Employment,” <i>German Economic Review</i>, vol. 20, no. 4, pp. e571–e599, 2018, doi: <a href=\"https://doi.org/10.1111/geer.12180\">10.1111/geer.12180</a>.","chicago":"Ayaita, Adam, Philip Yang, and Filiz Gülal. “Where Does the Good Shepherd Go? Civic Virtue and Sorting into Public Sector Employment.” <i>German Economic Review</i> 20, no. 4 (2018): e571–99. <a href=\"https://doi.org/10.1111/geer.12180\">https://doi.org/10.1111/geer.12180</a>.","ama":"Ayaita A, Yang P, Gülal F. Where Does the Good Shepherd Go? Civic Virtue and Sorting into Public Sector Employment. <i>German Economic Review</i>. 2018;20(4):e571-e599. doi:<a href=\"https://doi.org/10.1111/geer.12180\">10.1111/geer.12180</a>"},"intvolume":"        20","page":"e571-e599","publication_status":"published","publication_identifier":{"issn":["1468-0475","1465-6485"]},"issue":"4","title":"Where Does the Good Shepherd Go? Civic Virtue and Sorting into Public Sector Employment","doi":"10.1111/geer.12180","date_updated":"2025-04-09T13:21:09Z","publisher":"Walter de Gruyter GmbH","author":[{"first_name":"Adam","full_name":"Ayaita, Adam","last_name":"Ayaita"},{"last_name":"Yang","full_name":"Yang, Philip","id":"100432","first_name":"Philip"},{"first_name":"Filiz","last_name":"Gülal","full_name":"Gülal, Filiz"}],"date_created":"2024-11-25T08:54:08Z","volume":20},{"doi":"10.1111/geer.12129","title":"Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement","author":[{"last_name":"El Mouaaouy","full_name":"El Mouaaouy, Florian","first_name":"Florian"},{"first_name":"Jan","last_name":"Riepe","id":"86351","full_name":"Riepe, Jan"}],"date_created":"2025-01-06T08:34:18Z","volume":19,"publisher":"Walter de Gruyter GmbH","date_updated":"2025-01-06T08:34:25Z","citation":{"short":"F. El Mouaaouy, J. Riepe, German Economic Review 19 (2017) 309–329.","bibtex":"@article{El Mouaaouy_Riepe_2017, title={Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement}, volume={19}, DOI={<a href=\"https://doi.org/10.1111/geer.12129\">10.1111/geer.12129</a>}, number={3}, journal={German Economic Review}, publisher={Walter de Gruyter GmbH}, author={El Mouaaouy, Florian and Riepe, Jan}, year={2017}, pages={309–329} }","mla":"El Mouaaouy, Florian, and Jan Riepe. “Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement.” <i>German Economic Review</i>, vol. 19, no. 3, Walter de Gruyter GmbH, 2017, pp. 309–29, doi:<a href=\"https://doi.org/10.1111/geer.12129\">10.1111/geer.12129</a>.","apa":"El Mouaaouy, F., &#38; Riepe, J. (2017). Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement. <i>German Economic Review</i>, <i>19</i>(3), 309–329. <a href=\"https://doi.org/10.1111/geer.12129\">https://doi.org/10.1111/geer.12129</a>","ieee":"F. El Mouaaouy and J. Riepe, “Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement,” <i>German Economic Review</i>, vol. 19, no. 3, pp. 309–329, 2017, doi: <a href=\"https://doi.org/10.1111/geer.12129\">10.1111/geer.12129</a>.","chicago":"El Mouaaouy, Florian, and Jan Riepe. “Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement.” <i>German Economic Review</i> 19, no. 3 (2017): 309–29. <a href=\"https://doi.org/10.1111/geer.12129\">https://doi.org/10.1111/geer.12129</a>.","ama":"El Mouaaouy F, Riepe J. Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement. <i>German Economic Review</i>. 2017;19(3):309-329. doi:<a href=\"https://doi.org/10.1111/geer.12129\">10.1111/geer.12129</a>"},"page":"309-329","intvolume":"        19","year":"2017","issue":"3","publication_status":"published","publication_identifier":{"issn":["1468-0475","1465-6485"]},"language":[{"iso":"eng"}],"user_id":"91345","_id":"57943","status":"public","abstract":[{"text":"<jats:title>Abstract</jats:title>\r\n               <jats:p> We propose the application of digit analysis using the Benford law to indicate managerial engagement in the capital allocation process. First, we motivate the potential of the Benford digit analysis to identify allocation outcomes that are shaped by human engagement instead of fixed decision rules. Second, we provide a case study to illustrate how the Benford digit analysis can be used to detect allocations affected by managerial interventions. We are unaware of any study applying the Benford test to internal capital markets, while this approach appears very useful in this context. It is commonly used in the auditing, financial accounting, and fraud detection literature.</jats:p>","lang":"eng"}],"type":"journal_article","publication":"German Economic Review"}]