After failing to fully recover from the last financial crisis, the pandemic poses major new challenges for banks. However, this time, banks are not the problem, but part of the solution. By providing credit to the economy, banks play a crucial role in fighting the pandemic by ensuring the transmission of fiscal and monetary stimulus to the economy. Nevertheless, banks are not among the winners of...
Growing prosperity among its population and an inherent increasing demand for energy complicate China’s target of combating climate change, while maintaining its economic growth. This paper, therefore, describes three potential decarbonization pathways to analyze different effects for the electricity, transport, heating, and industrial sectors until 2050. Using an enhanced version of the multi-sectoral, ...
Jonas Jessen, doctoral student at the DIW Graduate Center and research assistant in the Education and Family Department, receives the BeNA Innovative Research Award 2019. We congratulate Jonas for the award, which is presented annually by the Berlin Network for Employment Research (BeNA) for outstanding scientific contributions. For his paper with the title "A Firm-Side Perspective on Parental Leave ...
Jonas Jessen, Doktorand am DIW Graduate Center und wissenschaftlicher Mitarbeiter in der Abteilung Bildung und Familie, hat den BeNA Innovative Research Award 2019 gewonnen. Wir gratulieren Jonas für die Auszeichnung, die jährlich vom Berliner Netzwerk für Arbeitsmarktforschung (BeNA) für herausragende wissenschaftliche Beiträge verliehen wird. Für sein Paper mit dem ...
A large literature documents effects of parental leave on mothers' labour market outcomes, yet we know very little about the effects on their firms and co-workers. We use unique administrative data that covers the universe of employees subject to social security and firms in Germany to address this question. We first establish some novel stylised facts in parental leave-taking  ...