We develop a two-country business-cycle model of the US and the rest of the world with dollar dominance in trade invoicing, in cross-border credit, and in safe assets. The interplay between these elements—dollar trinity—rationalizes salient features of the Global Financial Cycle in the data: When its tide subsides, the dollar appreciates, financial conditions tighten, the world business cycle slows ...
Unsere Rente ist nicht sicher. Derzeit kommen auf 100 Beitragszahler*innen rund 50 Rentner*innen. Mit der Generation „Babyboomer“ wird in wenigen Jahren die Anzahl der Rentenbezieher*innen im Verhältnis zu den aktiv Beitragszahlenden rasant steigen. Politiker*innen und Wissenschaftler*innen beraten über Vorschläge, um das Rentensystem zu stabilisieren und die Altersarmut zu begrenzen. Dabei...
Die Politik versucht, sogenannte Pull-Faktoren für Migration zu schwächen, Sozialleistungen zu verringern. Ein Irrweg! Zuwanderung ist überlebenswichtig für Deutschland. Deutschland hat zu viel Zuwanderung, heißt es in jüngster Zeit immer häufiger. Und es kämen auch noch die "falschen" Menschen. Schuld daran seien sogenannte Pull-Faktoren, sprich: Deutschland sei zu attraktiv für Asylsuchende und Wirtschaftsmigranten. ...
Boryana Ilieva, who worked at the Public Economics department, has successfully defended her dissertation at Humboldt University of Berlin. The dissertation with the title "Essays on Labor Economics, Dynamic Decision Making and the Role of Gender" was supervised by Prof. Georg Weizsäcker, Ph. D. and Prof. Dr. Peter Haan. We congratulate Boryana on her success and wish her all the best for her future ...
Shan Huang has successfully defended her dissertation at the University of Copenhagen. The dissertation with the title "Essays on the economics of health care provision" was supervised by Professor Dr. Hannes Ullrich (DIW Berlin and University of Copenhagen). Shan was a PhD student at the Firms and Markets Department and GC class of 2017. We congratulate her on her success and wish her all the best ...
This chapter provides an overview of the German long-term care insurance. We document care needs and wellbeing of the elderly population. Moreover, we provide a detailed description of the German long-term care institutions (sources of finance and types of benefits), the professional care work force, and informal caregivers. Finally, we document expenditures on long-term care and estimate the value ...
