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 ...
We examine how the gender of business-owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is – starting from a gender pay gap of 11 to 12 percent - two to three percentage-points lower for hourly wages in female-owned firms than in maleowned firms. Results are robust ...
Menopause marks a crucial juncture in women's lives and careers, coinciding with the peak of their income and working hours trajectory. On average, a third of women encounter severe health problems during this phase, exposing them to the risk of adverse labor market and health outcomes. Leveraging Norwegian registry data, coupled with panel data on doctor visits related to menopausal issues and...
This paper re-evaluates the US external deficit which has considerably widened over the 1990s. US safe asset provision to the rest of the world is the dominant explanation for the persistent nature of the US external deficit. We suggest that apart from the safe asset hypothesis, there is an important role for technology shocks originating in US multinational companies that have a strong foreign direct ...
This paper investigates the elusive role of productivity heterogeneity in new trade models in the trade and environment nexus. We contrast the Eaton-Kortum and the Melitz models with firm heterogeneity to the Armington and Krugman models without heterogeneity. We show that if firms have a constant emission share in terms of sales — as they do in a wide range of trade and environment models — the three ...
