The gender quota for supervisory boards in Germany is effective: by the end of 2017, the proportion of women on the supervisory boards of a good 100 companies that are subject to the quota had risen to 30 percent—three percentage points more than in the previous year. Almost two-thirds of the companies now have supervisory boards with at least 30 percent female members. A European comparison also shows ...
Over the past year, the proportion of women serving on the executive and supervisory boards of the top 100 largest banks in Germany rose slightly to almost nine and 23 percent, respectively. However, growth has come to a halt in the 60 largest insurance companies: on both executive and supervisory boards, the proportion of women has sunk to almost nine and 22 percent, respectively. For over ten years, ...
Permanent income (PI) is an enduring concept in the social sciences and is highly relevant to the study of inequality. Nevertheless, there has been insufficient progress in measuring PI. We calculate a novel measure of PI with the German Socio-Economic Panel (SOEP) and U.S. Panel Study of Income Dynamics (PSID). Advancing beyond prior approaches, we define PI as the logged average of 20+ years of post-tax ...
In this study, we argue that the long arm of childhood that determines adult mortality should be thought of as comprising an observed part and its unobserved counterpart, reflecting the observed socioeconomic position of individuals and their parents and unobserved factors shared within a family. Our estimates of the observed and unobserved parts of the long arm of childhood are based on family-level ...
A puzzle of the modern welfare state is that a large fraction of social benefits is not takenup. Using a laboratory experiment, we present evidence that stigmatization through publicexposure causally reduces the take-up of a redistributive transfer by 30 percentage points.We build a theoretical model that interprets welfare stigma as unfavorable inferencesabout the claimant's type. Our design exogenously ...
Gemeinsame Pressemitteilung des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin) und des ifo Instituts - Leibniz-Institut für Wirtschaftsforschung an der Universität München e.V. Eine Gruppe von 14 Ökonominnen und Ökonomen aus Deutschland und Frankreich, der auch Marcel Fratzscher (Präsident des DIW Berlin) und Clemens Fuest (Präsident des ifo Instituts) ...
Joint press release of the German Institute for Economic Research (DIW Berlin) and ifo Institute – Leibniz Institute for Economic Research at the University of Munich Fourteen economists from France and Germany, including Marcel Fratzscher (DIW Berlin) and Clemens Fuest (ifo), are presenting a reform package aimed at making the euro area more robust and more resilient to crises as well as allow ...
Erstmals in Deutschland wird die Einkommensverteilung über einen Zeitraum von rund 140 Jahren präsentiert. Über alle politischen und wirtschaftlichen Turbulenzen des 20. Jahrhunderts hinweg hat sich vor allem der Einkommensanteil der Top-Zehn-Prozent wenig verändert: Auf Basis von Steuerdaten lag er sowohl 1913 als auch 2013 bei rund 40 Prozent des Volkseinkommens. Der Anteil...
