This paper examines the effects of substantial changes in paid parental leave on child development and socio-economic development gaps. We analyse a German reform that replaced a means-tested with an earnings-related benefit scheme. Higher-income households benefited relatively more from the reform than low-income households. The reform expanded paid leave in the first year, while it removed paid leave ...
We study the employment effects of a large increase in the early retirement age (ERA) of women. Raising the ERA has the potential to extend contribution periods and to reduce the number of pensioners at the same time. However, workers may not be able to work longer or may choose other social support programs as exit routes from employment. Results suggest that the reform increases employment, unemployment ...
We introduce a command, fayherriot, that implements the Fay–Herriot model (Fay and Herriot, 1979, Journal of the American Statistical Association 74: 269–277), which is a small-area estimation technique (Rao and Molina, 2015, Small Area Estimation), in Stata. The Fay–Herriot model improves the precision of area-level direct estimates using area-level covariates. It belongs to the class of linear mixed ...
The new issue of the Vierteljahrshefte zur Wirtschaftsforschung 4/2018 (Quarterly Journal of Economic Research) on European banking landscape between diversity, competition and concentration is now available. Causes and consequences of institutional diversity are a largely neglected issue in economics. Only in finance, institutional variety has been at times acknowledged, though not in its ‘institution-free’ ...
Einhaltung der Pariser Klimaschutzziele erfordert höhere Emissionsreduktionsziele in Europa für 2030 – Modellrechnungen zeigen Szenarien, mit denen verschärftes Klimaschutzziel kostenideal erreicht werden kann – Anzustrebender Energiemix benötigt zeitnahen und massiven Ausbau erneuerbarer Energien – Atomkraft und CO2-Abscheidetechnologien werden für Klimaschutz ...
Amidst other national and global climate protection initiatives, the new EU Commission under the leadership of Ursula von der Leyen is facing the challenge of concretely following through on previous announcements regarding an ambitious climate policy. Specifically, action must be taken to raise the 2030 climate targets and the 2050 long-term strategy must be revised in adherence with the Paris Agreement. ...
Die neuen Vierteljahrshefte zur Wirtschaftsforschung 4/2018 über die euröpäische Bankenlandschaft zwischen Vielfalt, Wettbewerb und Konzentration sind bei Duncker & Humblot erschienen. Die Ausgabe umfasst Beiträge von: Hans-Helmut Kotz and Dorothea SchäferEuropean banking landscape between diversity, competition and concentration Reinhard H. SchmidtDiversity in finance: ...
Im Kontext nationaler sowie globaler Klimaschutzinitiativen steht die neue EU-Kommission unter der Leitung von Ursula von der Leyen vor der Herausforderung, den bisherigen Ankündigungen auch konkrete Umsetzungen für eine ambitionierte Klimaschutzpolitik folgen zu lassen. Dies betrifft insbesondere eine Anhebung der Klimaschutzziele der EU für 2030 sowie im Rahmen des Pariser Klimaschutzabkommens eine ...
