Mattis Beckmannshagen greift die aktuelle Debatte um die Arbeitszeit auf und schaut genauer hin: Tatsächlich wird in Deutschland so viel gearbeitet wie noch nie. Zwar ist die wöchentliche Arbeitszeit im Durchschnitt gesunken, d.h. es arbeitet nicht mehr jeder in Vollzeit, aber insgesamt ist die Arbeitszeit gestiegen, denn es gibt nicht mehr den Einverdienerhaushalt, sondern meistens arbeiten in...
Business cycle models often abstract from persistent household heterogeneity, despite its potentially significant implications for macroeconomic fluctuations and policy. We show empirically that the likelihood of being persistently financially constrained decreases with cognitive skills and increases with overconfidence thereon. Guided by this and other micro evidence, we add persistent heterogeneity ...
Exploiting the heteroscedasticity of the changes in short-term and long-term interest rates and exchange rates around the FOMC announcement, we identify three structural monetary policy shocks. We eliminate the predictable part of the shocks and study their effects on financial variables and macro variables. The first shock resembles a conventional monetary policy shock, and the second resembles an ...
The pace of thermal retrofit of buildings in Germany remains slow. A Worst-First approach, prioritizing the retrofit of inefficient buildings, would address energy- and social policy objectives and deliver economic and climate benefits. Data from the German Socio-Economic Panel (SOEP) show how such an approach would protect especially low-income households often living in very inefficient buildings ...
A plethora of sustainable finance taxonomies are emerging worldwide to support shifting trillions for climate action. Employing a qualitative research approach, we use document analysis to assess 26 sustainable finance taxonomy frameworks worldwide that are in the developing phase or have been published and/or adopted. Based on literature and data we build a transition score (TS) to evaluate the framework’s ...
We estimate a dynamic structural model of labor supply, retirement, and informal caregiving to study short and long-term costs of informal caregiving in Germany. Incorporating labor market frictions and the German tax and benefit system, we find that in the absence of Germany’s public long-term insurance scheme, informal elderly care has adverse and persistent effects on labor market outcomes and, ...
Geflüchtete dürfen in der Regel mindestens drei Jahre nach Anerkennung ihres Schutzstatus nicht umziehen – Studie zeigt, dass Wohnsitzregelung unpräzise ist, Integration nicht fördert und Ausländerbehörden belastet – Gezielte Zuzugssperren sind besser geeignet Großer Aufwand, kleine Wirkung: So lautet das Fazit einer Studie unter Beteiligung des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin), ...
