We test for the empirical relevance of partial and asymmetric dominant-currency pricing (DCP), the hypothesis that large but not necessarily identical shares of economies’ export and import prices are sticky in US dollar. We first set up a structural three-country New Keynesian dynamic stochastic general equilibrium model which nests DCP, producer-currency pricing and local-currency pricing. Under ...
This study analyzes the causal effect of an increase in the retirement age on official health diagnoses. We exploit a sizable cohort-specific pension reform for women using a Difference-in-Differences approach. The analysis is based on official records covering all individuals insured by the public health system in Germany and including all certified diagnoses by practitioners. This enables us to gain ...
DIW Berlin und Ruhr-Universität Bochum haben Langzeitarbeitslose zu Reformplänen für das Grundsicherungssystem befragt – Höhere Regelsätze und bessere Hinzuverdienstmöglichkeiten finden breite Zustimmung, generelle Sanktionsfreiheit hingegen nicht – Soziale Teilhabe könnte unter anderem durch Förderung des ehrenamtlichen Engagements verbessert werden Mit dem Bürgergeld möchte die Bundesregierung ...