▁Volume ▁ 1 1 9 , ▁Issue ▁ 4 , ▁pp .   6 6 3 – 6 8 5 ▁ ▁Franz ▁Ge h rel s : ▁" R isk ▁A verse , ▁Time ▁Opt im izing ▁Be havior ▁Of ▁House holds : ▁Com parison ▁With ▁German ▁Micro c ensus ▁Data ". ▁In : ▁Ess ays ▁in ▁Mac roe conom ics ▁of ▁an ▁Open ▁Econom y , ▁ 1 9 9 1 , ▁pp .   7 2 – 9 6 ▁ ▁Franz ▁Ge h rel s : ▁" Random ▁Econom ic ▁Dist urban ces ▁and ▁Lag ged ▁C ounter me asures ". ▁Atlantic ▁Econom ic ▁Journal ▁( AE J ), ▁June ▁ 2 0 0 5 , ▁Volume ▁ 3 3 , ▁Issue ▁ 2 , ▁pp . ▁ 1 5 1 – 1 5 7 ▁ ▁Franz ▁Ge h rel s : ▁" On ▁Opt imal ▁Social ▁In vest ment ▁in ▁the ▁Sciences ▁and ▁Human ities ". ▁Atlantic ▁Econom ic ▁Journal , ▁Volume ▁ 3 8 , ▁Issue ▁ 3 ▁( 2 0 1 0 ), ▁pp . ▁ 3 2 5 – 3 3 0 ▁ ▁Franz ▁Ge h rel s : ▁" Un ited ▁States ▁and ▁German ▁Real ▁Capital ▁Form ation ▁and ▁Social ▁In vest ment ▁in ▁the ▁Sciences ▁and ▁Human ities ". ▁Atlantic ▁Econom ic ▁Journal , ▁Volume ▁ 4 1 , ▁Issue ▁ 3 ▁( 2 0 1 3 ), ▁pp . ▁ 2 2 5 – 2 2 9 ▁▁ ▁Awards ▁ ▁President ▁of ▁the ▁International