This article examines whether reducing care and housework duties and redistributing them within different-sex couples could further enhance gender equality on the labor market in terms of labor market participation for different employment types and actual working hours. Women around the world perform the majority of unpaid care and housework, with a large and persistent gap to men. Most research explains ...
We quantify the value of data for the prediction policy problem of reducing antibiotic prescribing to curb antibiotic resistance. Using varying combinations of administrative data, we evaluate machine learning predictions for diagnosing bacterial urinary tract infections and the outcomes of prescription rules based on these predictions. Simple patient demographics improve prediction quality substantially ...
Die Erdgasversorgung der Europäischen Union stützte sich bisher zu einem großen Teil auf Lieferungen aus Russland. In Deutschland, Italien, Österreich und den meisten Ländern Ost- und Mitteleuropas war diese Abhängigkeit besonders hoch. Allerdings spielt Erdgas nicht in allen diesen Volkswirtschaften eine gleich große Rolle. Mit dem völkerrechtswidrigen Krieg Russlands in der Ukraine stellen sich die ...
This paper studies external sovereign bonds as an asset class. We compile a new database of 266,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering up to 91 countries. Our main insight is that, as in equity markets, the returns on external sovereign bonds have been sufficiently high to compensate for risk. Real ...
Die Erdgasversorgung der Europäischen Union stützte sich bisher zu einem großen Teil auf Lieferungen aus Russland. In Deutschland, Italien, Österreich und den meisten Ländern Ost- und Mitteleuropas war diese Abhängigkeit besonders hoch. Allerdings spielt Erdgas nicht in allen diesen Volkswirtschaften eine gleich große Rolle. Mit dem völkerrechtswidrigen...
This paper provides novel empirical results on the welfare impact of sanctions when countries coordinate their sanctions packages. To do so, weconduct simulations with the Caliendo and Parro (2015) CGE model of the world economy that provides changes in welfare under different hypothetical setups of sanctions coalitions. Focusing on the 2012 wave of sanctions against Iran and the 2014 sanctions...
This study sheds light on whether the provision of information on costs, financing options, and returns of college education results in higher application and college enrollment rates. Based on a behavioral intervention with more than 1,000 high school students in Germany, we provide evidence that the provision of such information increases college application and enrollment rates, in particular for ...
