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Testing Marx: Capital Accumulation, Income Inequality, and Socialism in Late Nineteenth-Century Germany

We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led to a rise in the capital share and income inequality, as predicted by orthodox Marxists. But against their ...

Equipping the Offline Population with Internet Access in an Online Panel: Does It Make a Difference?

Online panel surveys are often criticized for their inability to cover the offline population, potentially resulting in coverage error. Previous research has demonstrated that non-internet users in fact differ from online individuals on several sociodemographic characteristics. In attempts to reduce coverage error due to missing the offline population, several probability-based online panels equip ...

Chronic Disease Onset and Wellbeing Development: Longitudinal Analysis and the Role of Healthcare Access

Background Experiencing the onset of a chronic disease is a serious health event impacting living conditions and wellbeing. Investigating wellbeing development and its predictors is crucial to understand how individuals adapt to chronic illnesses. This study (i) analyzed the impact of a chronic disease on wellbeing development, and (ii) explored spatial healthcare access as potential moderating factor. ...

The Long Reach of Class Origin on Financial Investments and Net Worth

In this study, we argue that parents’ class position may influence the type and timing of their offspring's investments in financial assets. These investments may facilitate net worth accumulation beyond direct transfers, contributing to the intergenerational reproduction of social positions. We test these expectations using retrospective life history and prospective panel data for 14 countries from ...

Growing Together: Policy Considerations for the African Continental Free Trade Area

Share of Women on the Executive Boards of Large Companies Has Increased, but Generally Is at Most One Woman

The number of women serving on the executive boards of large companies in Germany once again increased in 2023: Around 18 percent (153 of 875) of executive board members at the 200 largest companies were women as of late fall 2023, two percentage points higher than in 2022. Thus, growth has slightly picked up again. In some of the groups of companies analyzed, the figure was even higher. Around 23 ...

33 Jahre Deutsche Einheit: Wann gleichen sich die Löhne in Ost und West an?

Women can make a difference in company management but remain under-represented

Monetary-fiscal interaction : Achieving the right monetary-fiscal policy mix in the euro area: In-Depth Analysis ; Requested by the ECON Committee

Achieving a balanced monetary-fiscal policy mix in the euro area is crucial to ensure that monetary policy is able to fulfil its primary price stability objective. This paper outlines, from an economic and legal perspective, the interaction between monetary and fiscal policy in light of the current monetary and fiscal stance and, in particular, the “quasi-fiscal” effects of some unconventional monetary ...

First Time around: Local Conditions and Multi-dimensional Integration of Refugees

We study the effect of local unemployment and attitudes towards immigrants at the time of arrival on refugees’ multi-dimensional integration outcomes. We leverage a centralized allocation policy in Germany where refugees were centrally assigned to live in specific counties. To measure sentiments of native residents towards immigrants, we use geo-coded Twitter data, which provides our “negative sentiment ...