Social mobility and equal opportunity are key to thriving societies and economies. In the aftermath of the pandemic and in the context of increasing prices, calls for policymakers to address social and economic inequalities are intensifying. The recently launched Observatory on Social Mobility and Equal Opportunity not only brings together all OECD data points, but also displays the impact of...
Menschen mit geringem Einkommen spenden prozentual gesehen mehr als Superreiche. Das wirft Fragen zum Staatsverständnis der Vermögenden auf. Nach dem Erdbeben in der Türkei und Syrien sind die notleidenden Menschen auf Spenden angewiesen. Die Spendenbereitschaft liegt Untersuchungen zufolge gerade nach Katastrophen sehr hoch, was sich hoffentlich auch in der aktuellen Krise bestätigen wird. Nach dem ...
Energy prices have risen sharply as a result of the coronavirus pandemic as well as the Russian attack on Ukraine in February 2022. The resulting consumer price inflation is forcing the European Central Bank (ECB) to act in accordance with its mandate. However, the ECB expresses doubts that it will be able to have an impact on the price increases. As this Weekly Report based on an analysis of structural ...
Health shocks limit individuals’ participation in the labor market and pose a major risk to household welfare. In this paper, we derive two novel health shock indicators using machine learning based on sick days and hospitalizations: one for transitory and one for persistent shocks. In an event study framework, we show their respective effects on employment, yearly working hours, and labor earnings, ...
