Since the start of the century, particularly in urban centres, housing markets worldwide have experienced stark price and rent increases. As a consequence urban agglomerations have experienced strong changes in their neighbourhood composition with originally poorer, central areas gentrifying quickly. Governments have reacted by raising the topic of affordable housing on the...
This article establishes a new fact about educational production: ordinal academic rank during primary school has lasting impacts on secondary school achievement that are independent of underlying ability. Using data on the universe of English school students, we exploit naturally occurring differences in achievement distributions across primary school classes to estimate the impact of class rank. ...
We estimate the dynamic effects of government spending shocks, using time-varying volatility in US data modeled through a Markov switching process. We find that the average government spending multiplier is significantly and persistently above one, driven by a crowding-in of private consumption and non-residential investment. We rationalize the results empirically through a contemporaneously countercyclical ...
Dieser Gastbeitrag von Mathias Huebener erschien mam 17.1.2021 in der Frankfurter Rundschau. Stufenpläne und die Hoffnung auf sinkende Infektionszahlen genügen nicht. Wir brauchen Bildung, und zwar sofort. Sind Kinder nun infektiös oder nicht? Wann kann der Regelbetrieb in Kitas und Schulen wieder losgehen? Diese Fragen scheinen seit Monaten die Überlegungen von Bildungspolitiker:innen ...
Dieser Gastbeitrag von Mathias Huebener ist am 18.01.2021 in der Frankfurter Rundschau erschienen. Sind Kinder nun infektiös oder nicht? Wann kann der Regelbetrieb in Kitas und Schulen wieder losgehen? Diese Fragen scheinen seit Monaten die Überlegungen von Bildungspolitiker:innen in Bund und Ländern zu dominieren. Und die Fragen zeigen: Es herrscht eine Aussitz-Mentalität. Doch ...
The recovery from the corona virus pandemic provides a unique opportunity for transformation. But what does it take for the German and the European economy to thrive in the new, more digital, post-Covid world? How can we transform our economies while also limiting climate change and preparing for its impact? Will we manage to advance structural transformation while strengthening social cohesion? ...
