• Stefan Traub
Part of the Contributions to Economics book series (CE)


On October 24th, 1994, the pro-government German newspaper ‘Die Welt’ reported that the Minister of Family Affairs, Mrs. Hannelore Rönsch, member of the ruling Christian Democratic Union (CDU), withdrew her candidacy for a second term after serving a four year term. While Chancellor Helmut Kohl and other party colleagues officially expressed their regret for this move, the conservative press openly announced their relief. A symbolic photo of Rönsch was published together with the article: In the background, two direction indicators are discernable, one pointing to the ‘emergency exit’ and the other to the ‘escape route’.


Credit Card Family Policy Framing Effect Endowment Effect Child Benefit 
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Copyright information

© Physica-Verlag Heidelberg 1999

Authors and Affiliations

  • Stefan Traub
    • 1
  1. 1.Institut für Finanzwissenschaft und SozialpolitikUniversity of KielKielGermany

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