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Mats Kröger has successfully defended his dissertation

We congratulate Mats Kröger on successfully defending his dissertation on 26 September 2024.The title of the thesis was ‘Does a fair transition reduce efficiency? Essays on the distributional effects of energy and climate policy’ and he was supervised by Karsten Neuhoff and Chloé Le-Coq. We wish him much success and all the best for his future career.

Understanding Trends in the German Income Distribution: 2001-2019 (with Robin Jessen)

In this paper we document trends in inequality in earnings and disposable household income for men and women in Germany from 2001 to 2019. We find that males at the lower half of the earnings distribution have lower earnings in 2019 than in 2001. In contrast, female earnings have increased throughout the distribution. Households and the welfare state has cushioned much---but not all---of the...

Unveiling financial dependency: The motherhood penalty on individual poverty risk within couples in Germany, 1990–2019

Typically, poverty risk is assessed at the household level, neglecting within-couple income inequality and the role of individual characteristics in vulnerability to income poverty. This paper uses SOEP data and a quasi-experimental event study design to investigate poverty dynamics within couples over an 8-year period around the first birth. It follows partnered women (N=1,174) and men (N=1,137)...

The Economic Burden of Burnout (with Arash Nekoei and Jósef Sigurdsson)

We study the economic consequences of stress-related occupational illnesses (burnout) using Swedish administrative data. Using a mover design, we find that high-burnout firms and stressful occupations universally raise burnout risk yet disproportionately impact low-stress-tolerance workers. Workers who burn out endure permanent earnings losses regardless of gender—while women are three times more...

Mortality Inequality in Chile

This paper analyses trends in mortality inequality in 330 Chilean communes from 1990 to 2010 for different age groups and both genders. Chile had substantial inequalities in local-level mortality rates in 1990 but by 2010 these disparities had significantly decreased, especially among infants, children and the elderly. The only exception was Chilean men aged 20–39, for whom inequality in mortality ...

Geflüchtete aus der Ukraine in Deutschland: Ergebnisse der ersten Welle der IAB-BiB/FReDA-BAMF-SOEP Befragung

Did Religious Well-Being Benefits Converge or Diverge During the Early Stages of the COVID-19 Pandemic in Germany?

A large body of literature highlights the benefits of being religious in terms of subjective well-being. We examine changes to these so-called religious well-being benefits during the early stages of the COVID-19 pandemic in Germany and address the role of (formal and informal) social integration when explaining these changes. We empirically test two contrasting scenarios: The first scenario predicts ...

Entrepreneurs and Their Impact on Jobs and Economic Growth: Updated

Entrepreneurs, creators of new firms, are a rare species. Even in innovation-driven economies, only 1–2% of the work force starts a business in any given year. Yet entrepreneurs, particularly innovative entrepreneurs, are vital to the competitiveness of the economy and may establish new jobs. The gains of entrepreneurship are only realized, however, if the business environment is receptive to innovation. ...

Can the Financial Sector Protect the Climate? The Potential of Sustainable Finance

Climate policy aims to reduce emissions by redirecting investment from emission-intensive toward carbon-neutral assets. One key instrument, carbon pricing, guides investors and asset managers by lowering the return of fossil fuel-related assets. This chapter reviews three key mechanisms on how sustainable finance can support climate policy: first, providing investors with the necessary information ...

Fehlende Zuversicht bleibt größte konjunkturelle Bremse für deutsche Wirtschaft

Zur Herbstprojektion 2024 der Bundesregierung äußert sich Marcel Fratzscher, Präsident des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin), wie folgt: