This paper evaluates the temporary VAT reduction introduced by the German government over the third and fourth quarter of 2020 as most controversial part of the COVID-19 stimulus package. Critics argue that VAT reductions are ineffective because of limited pass-through of temporary measures to consumer prices and in presence of lockdown measures. Advocates emphasize positive effects on durables and ...
Eine neue Studie kommt zu dem Ergebnis, dass die Einkommensunterschiede durch die Krise kleiner wurden. Betrachtet man die Gründe, gibt es jedoch wenig Grund zur Freude. Die Einkommensungleichheit in Deutschland verringert sich in der Corona-Pandemie – so lautet das für manche überraschende Resultat einer neuen Studie des DIW Berlin. Diese Entwicklung ist zum Teil dem starken deutschen ...
Grandparents act as the third biggest care giver besides day care and parental care for children below the age of 6 in most OECD countries. Despite its relevance, the effects of child care provided by grandparents on child and parental outcomes have received little attention in the literature. We investigate the potential impact of grandparental care on children's...
After failing to fully recover from the last financial crisis, the pandemic poses major new challenges for banks. However, this time, banks are not the problem, but part of the solution. By providing credit to the economy, banks play a crucial role in fighting the pandemic by ensuring the transmission of fiscal and monetary stimulus to the economy. Nevertheless, banks are not among the winners of...
Following a landmark ruling by the Constitutional Court in 2005, more than half of Germany's universities started charging tuition fees, which also applied to incumbent students. We exploit this unusual lack of grandfathering together with register data covering the universe of students to show that tuition fees increased degree completion among incumbent students. Investigating mechanisms, we do not ...
Substantial educational inequalities have been documented in Germany for decades. In this article, we examine whether educational inequalities among children have increased or remained the same since the school closures of spring 2020 due to the COVID-19 pandemic. Our perspective is longitudinal: We compare the amount of time children in secondary schools spent on school-related activities at home ...
