The use of green hydrogen can support the decarbonization of sectors which are difficult to electrify, such as industry or heavy transport. Yet, the wider power sector effects of providing green hydrogen are not well understood so far. We use an open-source electricity sector model to investigate potential power sector interactions of three alternative supply chains for green hydrogen in Germany in ...
This paper examines how news coverage of the European Central Bank (ECB) affects consumer inflation expectations in the four largest euro area countries. Utilizing a unique dataset of multilingual European news articles, we measure the impact of ECB-related inflation news on inflation expectations. Our results indicate that German and Italian consumers are more attentive to this news, whereas in Spain ...
We estimate the impact of parental health on adult children’s labor market out- comes. We focus on health shocks that increase care dependency abruptly. Our estimation strategy exploits the variation in the timing of shocks across treated families. Empirical results based on administrative data show a significant negative impact on the labor market activities of children. This effect is more pronounced for ...
Einsamkeit hat fatale Folgen für die gesamte Gesellschaft. Jede und jeder kann betroffen sein. Es gibt aber drei Gruppen, die vor allem Nachteile erfahren. Zunehmend setzt sich auch in der Politik die Erkenntnis durch, dass Einsamkeit nicht das Problem jedes einzelnen Menschen ist, sondern erheblichen Schaden für Gesellschaft und Wirtschaft verursacht. Auf Basis repräsentativer Daten des Sozio-oekonomischen ...
We investigate the long-term effects of the introduction of the German minimum wage in 2015 and its subsequent increases on regional employment. Using comprehensive survey data, we are able to measure the regional bite of the minimum wage in 2014, just before its introduction, as well as in 2018, before it was raised substantially in several steps. The introduction mainly affected the labour market ...