While in January 2012, Denmark increased the long-standing tax on sugary soft drinks, the tax was cut byhalf in July 2013 and then completely repealed in January 2014. In this study, we examine whetherincreases and cuts of the soft drink tax lead to similar over- or under-shifting to prices and to similardemand responses. We use longitudinal scanner data of 1,282 Danish households to estimate within-product ...
Greece cannot take on another decade of slow economic progress. Professor Alexander S. Kritikos in this article points out that the current economic break, as terrible as it also is for all economic life, is a second chance for Greece. Now is the time to break up structures and put the country on a new economic foundation. To make Greece more competitive and innovative, not only are investments needed ...
The project attempts to bridge the gap between national accounts income aggregates and inequality studies based on micro data for Germany more systematically. We combine personal income tax statistics, household surveys such as the German Socio-Economic Panel (SOEP), and national accounts data on income distribution in a comprehensive and consistent manner to build “Distributional National...
The spread of the novel coronavirus, SARS-CoV-2, poses major challenges for individuals and societies at large. The question now is how individuals and society are dealing with these challenges, and what health, psychological, social, and economic effects they will have to bear. Meaningful answers can only be provided using a generalizable database that contains contextual information such as family ...
We congratulate Nils Handler, PhD student in the GC class of 2019, for the award. From October 2020, the Stiftung der deutschen Wirtschaft will finance his PhD.
The political discussion to reduce the carbon footprint of Germany’s electricity sector,focusing on coal, is intensifying. In this paper, we develop scenarios for phasing out lignite and hardcoal power plants in Germany prior to the end of their technical lifespan (“coal-exit”). Our analysisbases upon two coal-exit instruments, the retirement of coal generation capacities and the limitingof how much ...
A two-sector incomplete markets model with heterogeneous agents can be used to study the distributional effects of the COVID-19 lockdown. While negative aggregate welfare effects of the lockdown are unavoidable, the size of aggregate welfare effects as well as the distribution of the welfare effects across agents turn out to depend on the specific economic environment of the affected economy as well ...
