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Coal Transitions - Part 1: A Systematic Map and Review of Case Study Learnings from Regional, National, and Local Coal Phase-Out Experiences

A rapid coal phase-out is needed to meet the goals of the Paris Agreement, but is hindered by serious challenges ranging from vested interests to the risks of social disruption. To understand how to organize a global coal phase-out, it is crucial to go beyond cost-effective climate mitigation scenarios and learn from the experience of previous coal transitions. Despite the relevance of the topic, evidence ...

The Role of Different School Organizational Models in the Psychological Adaptation of Refugee Adolescents

Given the high number of refugee children and adolescents around the globe, it is critical to determine conditions that foster their adaptation in the receiving country. This study investigated the psychological adaptation of recently arrived adolescent refugees in Germany. We focused on whether psychological adaptation reflects the organizational approach taken by the school that refugee adolescents ...

Habecks Klimapläne gehen in richtige Richtung, sind aber noch unzureichend

Bundeswirtschaftsminister Robert Habeck hat heute seine „Eröffnungsbilanz“ für den Klimaschutz vorgestellt. Es folgt eine Einordnung von Claudia Kemfert, Leiterin der Abteilung Energie, Verkehr, Umwelt am Deutschen Institut für Wirtschaftsforschung (DIW Berlin):

Comparison of Local Projection Estimators for Proxy Vector Autoregressions

Different local projection (LP) estimators for structural impulse responses of proxy vector autoregressions are reviewed and compared algebraically and with respect to their small sample suitability for inference. Conditions for numerical equivalence and similarities of some estimators are provided. Two generalized least squares (GLS) projection estimators are found to be more accurate than the other ...

Data on Digital Transformation in the German Socio-Economic Panel

Public debates and current research on “digitalization” suggest that digital technologies could profoundly transform the world of work. While broad claims are common in these debates, empirical evidence remains scarce. This calls for reliable data for empirical research and evidence-based policymaking. We implemented a data module in the Socio-Economic Panel to gather information on digitalization ...

De-Globalisierung ist keine Lösung

The Signalling Channel of Negative Interest Rates

Negative interest rates remain a controversial policy for central banks. We study a novel signalling channel and ask under what conditions negative rates should exist in an optimal policymaker’s toolkit. We prove two necessary conditions for the optimality of negative rates: a time-consistent policy setting and a preference for policy smoothing. These conditions allow negative rates to signal policy ...

De-Globalisierung ist keine Lösung

Dieser Beitrag erschien in der WirtschaftsWoche. Die vierte Welle, gerissene Lieferketten, weltpolitische Spannungen: Selten zuvor war ein Jahreswechsel mit so viel Unsicherheit behaftet. Die Lösung liegt nicht in falsch verstandener Unabhängigkeit. Sondern mehr Widerstandskraft. Ein Gastbeitrag. Viele Unternehmen schauen mit Sorge auf das neue Jahr. Selten war der Ausblick für die Wirtschaft von ...

Forward to the Past: Short-Term Effects of the Rent Freeze in Berlin

In 2020, Berlin introduced a rigorous rent-control policy responding to soaring rents by setting a cap on rental prices: the Mietendeckel (rent freeze). The policy was revoked one year later by the German Constitutional Court. Although successful in reducing rents during its duration, the consequences for Berlin’s rental market and adjacent municipalities are not clear. In this paper we evaluate the ...

DIW-Konjunkturprognose: Dem Wintertief folgt ein Sommerhoch

Deutsche Wirtschaft dürfte in diesem Jahr um 3,0 Prozent wachsen und im kommenden Jahr um 2,9 Prozent – Omikron-Infektionswelle unterbricht Erholung wohl nur vorübergehend Die Corona-Pandemie drückt der deutschen Wirtschaft auch in diesem Jahr ihren Stempel auf. Derzeit sorgt die Omikron-Infektionswelle für einen trüben Winter: Zwar sind die Einschränkungen des ...