Das DIW Berlin trauert um seinen langjährigen früheren Abteilungsleiter Dr. Bernhard Seidel. Er starb am vergangenen Wochenende nach kurzer schwerer Krankheit im Alter von 76 Jahren. Seidel trat im Jahr 1969 ins Institut ein und war zunächst Referent für Europa in der damaligen Abteilung „Westliche Industrie- und Entwicklungsländer“. 1992 wurde er Leiter der Forschungsabteilung ...
We combine unique data that include all practitioner health diagnoses based on the International Classification of Diseases (ICD-10) collected from all publicly insured individuals in Germany with a sizable cohort specific pension reform to study the causal effect of an increase in the retirement age on health. For the analysis, we use a cohort specific regression discontinuity design. The...
This study examines the relationship between air quality alerts and school absenteeism in New York City. Examining the effects of the alerts in school attendance is relevant because it helps us understand parents' avoidance behavior in situations of exacerbated exposure to air contaminants. Causality arises by exploiting the deterministic nature of the alerts with regression discontinuity...
Zu den Ergebnissen der heutigen Sitzung des EZB-Rates äußert sich DIW-Präsident Marcel Fratzscher wie folgt:
The digit ratio (2D:4D) is considered a proxy for testosterone exposure in utero, and there has been a recent surge of studies testing whether 2D:4D is associated with economic preferences. Although the results are not conclusive, previous studies have reported statistically significant correlations between 2D:4D and risk taking, altruism, positive reciprocity, negative reciprocity and trust. Many “researcher ...
The 2D:4D digit ratio, the ratio of the length of the 2nd digit to the length of the 4th digit, is often considered a proxy for testosterone exposure in utero. A recent study by Nicolaou et al. (2018) reported an association between the left-hand 2D:4D and self-employment (in a sample of about 1,000 adults). In this pre-registered study we replicate these results on a new and larger sample of about ...
As the coronavirus pandemic spread across the globe in early 2020, the European Central Bank as well as national governments in the euro area enacted or announced numerous economic policy measures to counteract the severe economic consequences of the resulting lockdowns. In this paper, the immediate effect of the announcements on government bond and stock markets are estimated in a panel study. The ...
Geldpolitische und finanzpolitische Ankündigungen wirken in Corona-Krise auf Finanzmärkte unmittelbar nur mäßig stabilisierend – Staatsanleiherenditen steigen kurzfristig trotz EZB-Maßnahmen – Aussetzung von Defizitregeln ist vor allem in Kombination mit Lockerung der Bankenregulierung wirkungsvoll – Wiederaufbaufonds könnte als Stabilisierungsmechanismus ...
Das von der Bundesregierung beschlossene Konjunkturpaket kommentiert Marcel Fratzscher, Präsident des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin), wie folgt: