This article investigates the impact of weather-related disasters on inflation in the euro area over the period 1996–2021. Using a panel structural vector autoregression approach, we explore whether weather-related disasters have a significant and persistent effect on inflation, as well as the role that demand-side and supply-side channels play as drivers of inflation. We also analyse the heterogeneous ...
We are excited to welcome the new 2024 cohort of PhD students, with some joining through the Berlin School of Economics (BSoE) and others directly through our program. All of them will conduct their research at DIW Berlin, marking the start of their academic journey with us. We wish them all the best as they embark on the path toward earning their doctorates and look forward to supporting their research ...
On December 5, the Institute and DIW GC celebrated the graduation of 15 of our graduates with a festive ceremony. After an opening speech by Marcel Fratzscher and an inspiring speech by Prof. Dr. Nicolas Ziebarth, Helmut Lütkepohl was also bid farewell to his well-deserved retirement. The Executive Board and Kerstin Bernoth thanked him warmly for his important work in doctoral training and at the GC. ...
This study investigates how actual and anticipated intergenerational wealth transfers (i.e., inter-vivo gifts and inheritances) contribute to social stratification in the transition to homeownership. Utilizing discrete-time survival analysis on data from the German Socio-Economic Panel Study (N=13,018), we find that individuals whose parents were manual workers or service workers are less likely to ...
GC 2024
Die Rentenpolitik droht zur Sollbruchstelle der Ampel zu werden. Dabei ist der Zoff unnötig und einfach lösbar. Wenn die Politik endlich ihr Nullsummendenken überwindet. Der nächste Streit in der Bundesregierung ist mit der Debatte im Bundestag zum Rentenpaket II entbrannt. Zwar hat das Kabinett die Reform nach monatelangen Diskussionen beschlossen, trotzdem gibt es Widerstände bei den Grünen und vor ...
