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Schluss mit der Vollkaskomentalität der Unternehmen!

Deutschland ist nur dann zukunftsfähig, wenn die Wirtschaft volle Verantwortung für ihr Handeln übernimmt – und sich die Politik nicht instrumentalisieren lässt. Die Forderungen von Unternehmen und Wirtschaftsverbänden nach Subventionen, Steuersenkungen und einem Industriestrompreis werden lauter. Die Rede ist von einer Deindustrialisierung und dem Niedergang des Wirtschaftsstandorts Deutschland. ...

Wer Kinderarmut mit Zuwanderung begründet, befeuert den Rechtspopulismus

Christian Lindner hat Kinderarmut und Migration in einen Zusammenhang gebracht. Der Politologe Joachim Behnke verteidigte das. Diese Aussagen sind irreführend und potenziell gefährlich. In seinem Kommentar »Armut kann steigen, auch wenn alle mehr verdienen« verteidigt Joachim Behnke die Aussagen von Bundesfinanzminister Christian Lindner, die Entwicklung der Kinderarmut bei »ursprünglich deutschen ...

Learn to use the SOEP over lunch

The German Socio-Economic Panel Study is a representative panel study for the German population, collecting data on a broad variety of topics of everyday life, including general wellbeing, household composition, educational aspirations and educational status, income and occupational biographies, leisure time activities, housing, health, political orientation and more. With its long running panel...

Selection, Socialization, and Risk Preferences in the Finance Industry: Longitudinal Evidence for German Finance Professionals

The financial sector plays a crucial role in society. Consequently, prior research has examined the preferences of professionals working in finance. However, these studies have tended to be cross-sectional and have neglected the dynamic roles played by (self-)selection and socialization. This paper uses longitudinal data from Germany to examine how individuals’ financial risk preferences affect their ...

Uncertainties in Estimating Production Costs of Future Nuclear Technologies: A Model-based Analysis of Small Modular Reactors

Predicting future costs of technologies not yet developed is a complex exercise that includes many uncertain parameters and functional forms. In that context, small modular reactor (SMR) concepts that are in a rather early development stage claim to have cost advantages through learning effects, standardized design, modularization, co-siting economies, and other factors, such as better time-to-market ...

Drei Schritte vor, zwei zurück

Risk Preference and Entrepreneurial Investment at the Top of the Wealth Distribution

This study quantifies the distributional effects of the minimum wage introduced in Germany in 2015. Using detailed Socio-Economic Panel survey data, we assess changes in the hourly wages, working hours, and monthly wages of employees who were entitled to be paid the minimum wage. We employ a difference-in-differences analysis, exploiting regional variation in the “bite” of the minimum wage. At the ...

Competition and Moral Behavior: A Meta-Analysis of Forty-Five Crowd-Sourced Experimental Designs

Does competition affect moral behavior? This fundamental question has been debated among leading scholars for centuries, and more recently, it has been tested in experimental studies yielding a body of rather inconclusive empirical evidence. A potential source of ambivalent empirical results on the same hypothesis is design heterogeneity—variation in true effect sizes across various reasonable experimental ...

Hours Risk and Wage Risk: Repercussions over the Life Cycle

We decompose earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks, we formulate a life-cycle model of consumption and labor supply. For estimation, we use data on married American men from the Panel Study of Income Dynamics. Permanent wage shocks explain ...

Kompromiss zur Kindergrundsicherung ist eine verpasste Chance

Marcel Fratzscher, Präsident des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin), kommentiert die Einigung der Bundesregierung im Streit um die Kindergrundsicherung: