Joachim Merz
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Joachim Merz
Joachim Merz (born October 26, 1948, in Bad Homburg vor der Höhe) is a German economist. His research involves welfare economics, income and income distribution, wealth, time utilization (time-budgeting research), time and income need, taxes, the job market, consumption and socioeconomics, with emphasis on freelancing, self-employment and salaried employment Life Merz studied Business Administration and Business Education at the Goethe University of Frankfurt, where he received his doctorate in 1979. His dissertation topic was "The expenditure of private households - A microeconometric model for the Federal Republic of Germany". In 1989 he qualified as a professor at the same university in Economics and Econometrics with the topic "Market and non-market activities of private households - Theoretical approach, representative microdata, microeconometric analysis and microsimulation economic- and socio-political provisions for the Federal Republic of Germany". Since 1991 he serves ...
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Bad Homburg Vor Der Höhe
Bad Homburg vor der Höhe () is the district town of the Hochtaunuskreis, Hesse, on the southern slope of the Taunus mountains. Bad Homburg is part of the Frankfurt Rhein-Main urban area. The town's official name is ''Bad Homburg v.d.Höhe'', which distinguishes it from other places named Homburg. The town has become best known for its mineral springs and spa (hence the prefix ''Bad'', meaning "bath"), and for its casino. Bad Homburg was one of the wealthiest towns in Germany (while the Hochtaunuskreis itself and the Landkreis Starnberg in Bavaria regularly vie for the title of the wealthiest district in Germany). the town used the marketing slogan ''Champagnerluft und Tradition'' (Champagne air and tradition). History Medieval origins Local tradition holds that Bad Homburg's documented history began with the mention of the ''Villa Tidenheim'' in the Lorsch codex, associated with the year 782. This ''Villa Tidenheim'' was equated with the historic city center, which is cal ...
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Economics
Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interactions of Agent (economics), economic agents and how economy, economies work. Microeconomics analyzes what's viewed as basic elements in the economy, including individual agents and market (economics), markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it: employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on glossary of economics, these elements. Other broad distinctions within economics include those between positive economics, desc ...
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Academic Staff Of The Leuphana University Of Lüneburg
An academy (Attic Greek: Ἀκαδήμεια; Koine Greek Ἀκαδημία) is an institution of secondary or tertiary higher learning (and generally also research or honorary membership). The name traces back to Plato's school of philosophy, founded approximately 385 BC at Akademia, a sanctuary of Athena, the goddess of wisdom and skill, north of Athens, Greece. Etymology The word comes from the ''Academy'' in ancient Greece, which derives from the Athenian hero, ''Akademos''. Outside the city walls of Athens, the gymnasium was made famous by Plato as a center of learning. The sacred space, dedicated to the goddess of wisdom, Athena, had formerly been an olive grove, hence the expression "the groves of Academe". In these gardens, the philosopher Plato conversed with followers. Plato developed his sessions into a method of teaching philosophy and in 387 BC, established what is known today as the Old Academy. By extension, ''academia'' has come to mean the accumulation, dev ...
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1948 Births
Events January * January 1 ** The General Agreement on Tariffs and Trade (GATT) is inaugurated. ** The Constitution of New Jersey (later subject to amendment) goes into effect. ** The railways of Britain are nationalized, to form British Railways. * January 4 – Burma gains its independence from the United Kingdom, becoming an independent republic, named the ''Union of Burma'', with Sao Shwe Thaik as its first President, and U Nu its first Prime Minister. * January 5 ** Warner Brothers shows the first color newsreel (''Tournament of Roses Parade'' and the ''Rose Bowl Game''). ** The first Kinsey Reports, Kinsey Report, ''Sexual Behavior in the Human Male'', is published in the United States. * January 7 – Mantell UFO incident: Kentucky Air National Guard pilot Thomas Mantell crashes while in pursuit of an unidentified flying object. * January 12 – Mahatma Gandhi begins his fast-unto-death in Delhi, to stop communal violence during the Partition of India. * ...
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Panel Analysis
Panel (data) analysis is a statistical method, widely used in social science, epidemiology, and econometrics to analyze two-dimensional (typically cross sectional and longitudinal) panel data. The data are usually collected over time and over the same individuals and then a regression is run over these two dimensions. Multidimensional analysis is an econometric method in which data are collected over more than two dimensions (typically, time, individuals, and some third dimension). A common panel data regression model looks like y_=a+bx_+\varepsilon_, where y is the dependent variable, x is the independent variable, a and b are coefficients, i and t are indices for individuals and time. The error \varepsilon_ is very important in this analysis. Assumptions about the error term determine whether we speak of fixed effects or random effects. In a fixed effects model, \varepsilon_ is assumed to vary non-stochastically over i or t making the fixed effects model analogous to a dummy var ...
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Regression Analysis
In statistical modeling, regression analysis is a set of statistical processes for estimating the relationships between a dependent variable (often called the 'outcome' or 'response' variable, or a 'label' in machine learning parlance) and one or more independent variables (often called 'predictors', 'covariates', 'explanatory variables' or 'features'). The most common form of regression analysis is linear regression, in which one finds the line (or a more complex linear combination) that most closely fits the data according to a specific mathematical criterion. For example, the method of ordinary least squares computes the unique line (or hyperplane) that minimizes the sum of squared differences between the true data and that line (or hyperplane). For specific mathematical reasons (see linear regression), this allows the researcher to estimate the conditional expectation (or population average value) of the dependent variable when the independent variables take on a given ...
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Statistics
Statistics (from German language, German: ''wikt:Statistik#German, Statistik'', "description of a State (polity), state, a country") is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model to be studied. Populations can be diverse groups of people or objects such as "all people living in a country" or "every atom composing a crystal". Statistics deals with every aspect of data, including the planning of data collection in terms of the design of statistical survey, surveys and experimental design, experiments.Dodge, Y. (2006) ''The Oxford Dictionary of Statistical Terms'', Oxford University Press. When census data cannot be collected, statisticians collect data by developing specific experiment designs and survey sample (statistics), samples. Representative sampling as ...
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Review Of Income And Wealth
The ''Review of Income and Wealth'' is a peer-reviewed academic journal published by Wiley-Blackwell on behalf of the International Association for Research in Income and Wealth. It was established in 1951 and published annually until 1966, when it became a quarterly. Its aim is to provide a venue for research on income and wealth in terms of national and international, economic and social accounting. Its scope includes research on the "development of concepts and definitions for measurement and analysis", the development and "integration of systems of economic and social statistics", and "related methodological problems", and also more applied areas such as international comparisons and the use of economic and social accounting for "budgeting and policy analysis" in different economies. The editors of the ''Review'' are Conchita D'Ambrosio (University of Luxembourg), Robert J. Hill (University of Graz), and Stephan Klasen (University of Göttingen), and its previous editors ha ...
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International Association For Research In Income And Wealth
International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The Three Degrees album), 1975 *''International'', 2018 album by L'Algérino Songs * The Internationale, the left-wing anthem * "International" (Chase & Status song), 2014 * "International", by Adventures in Stereo from ''Monomania'', 2000 * "International", by Brass Construction from ''Renegades'', 1984 * "International", by Thomas Leer from ''The Scale of Ten'', 1985 * "International", by Kevin Michael from ''International'' (Kevin Michael album), 2011 * "International", by McGuinness Flint from ''McGuinness Flint'', 1970 * "International", by Orchestral Manoeuvres in the Dark from '' Dazzle Ships'', 1983 * "International (Serious)", by Estelle from '' All of Me'', 2012 Politics * Political international, any transnational organization of ...
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LIT Verlag
LIT Verlag is a German academic publisher founded in 1980. Its managing director is Wilhelm Hopf. Its principal place of publication is Münster; further publishing offices are located in Berlin, Vienna, Hamburg, London, Zurich, and New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L .... It publishes approximately 800 books per year. It generally publishes in the areas of theology, social sciences, humanities, economics, political science. References Book publishing companies of Germany 1980 establishments in West Germany {{Publish-company-stub ...
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Leuphana Universität Lüneburg
Leuphana (Λευφάνα) is a city name, first mentioned by Ptolemy in the year 150 in the Atlas Geographia. Ptolemy mentioned in Geographica 2, that ten cities unified by their not being under Roman occupation, created a settlement named Leuphana. Johann Grässe put Leuphana in his place name dictionary on par with Lüneburg. Ptolemy mentioned a large number of German settlements that were not under Roman occupation, such as Ascalingium. After Günnewig, Leuphana is located on the lowest stretch of the Elbe, although it is unknown on which side. Speculation is that Leuphana is near Hamburg, Dömitz (Mecklenburg), or in the area near Altmark. However, identification of Leuphana is far from certain. Ptolemy may have been mistaken, as he was about Poleis. Grässe also may have been incorrect, both men confusing it with Levefanum, that was located on the left side of the Rhine. The nomenclature expert Jürgen Udolph has the opinion that Leuphana has nothing to do with Lüneburg ...
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