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Gender-Specific Personality Traits and Their Effects on the Gender Wage Gap: A Correlated Random Effects Approach using SOEP Data

Using longitudinal data from the German Socio-Economic Panel (SOEP), this article examines whether gender wage differentials occur due to differences in prototypical personality traits of women and men and provides the first application of a gender wage gap decomposition on the basis of a correlated random effects model. Main results show that agreeableness and openness are the most important personality ...

Bildungsinvestitionen sind die Grundlage für die Wirtschaft von heute und morgen

Fünf ÖkonomInnen aus Wirtschaftsforschungsinstituten und Hochschulen, darunter C. Katharina Spieß vom DIW Berlin, haben Vorschläge für ein nachhaltiges Investitionsprogramm vorgelegt. Die zentralen Empfehlungen für den Bereich der Bildungsinvestitionen fasst Spieß, Leiterin der Abteilung Bildung und Familie am DIW Berlin, wie folgt zusammen:

Longitudinal Associations of Narcissism with Interpersonal, Intrapersonal, and Institutional Outcomes: An Investigation Using a Representative Sample of the German Population

AbstractMost studies have treated grandiose narcissism as a unidimensional construct and investigated its associations in cross-sectional convenience samples. The present research systematically addresses these limitations by investigating the associations of agentic and antagonistic aspects of narcissism in the interpersonal, intrapersonal, and institutional domains, cross-sectionally and longitudinally ...

Multiple Imputation of Binary Multilevel Missing Not at Random Data

We introduce a selection model‐based multilevel imputation approach to be used within the fully conditional specification framework for multiple imputation. Concretely, we apply a censored bivariate probit model to describe binary variables assumed to be missing not at random. The first equation of the model defines the regression model for the missing data mechanism. The second equation specifies ...

Consumption-Oriented Policy Instruments for Fostering Greenhouse Gas Mitigation

Most policy instruments to reduce greenhouse gas (GHG) emissions have focused on producers, and on the energy efficiency of buildings, vehicles and other products. Behavioural changes related to climate change also impact ‘in-use’ emissions, and potentially, emissions both ‘upstream’ (including from imported goods) and ‘downstream’ (eg disposal). Consumption-oriented policies may provide avenues to ...

Handlungsspielraum der EZB: von Zinspolitik bis Helikoptergeld - über welches Repertoire an Handlungsmöglichkeiten verfügt die EZB?

Ergänzt die Reflexe aus der Finanzkrise

Knowledge-Based Capital and Productivity Divergence

Understanding the causes of the slowdown in aggregate productivity growth is key to maintaining the competitiveness of advanced economies and ensuring long-term economic prosperity. This paper is the first to provide evidence that investment in Knowledge-Based Capital (KBC), despite having a positive effect on productivity at the micro level, is a driver of the weak productivity performance at the ...

Marica Valente selected to attend the Lindau Nobel Laureate Meetings

Marica Valente, Ph.D. Student in the Energy, Transportation, Environment Department, has been invited to the 7th Lindau Meeting on Economic Sciences. The Nobel Laureate Meeting has chosen 373 young economists from 60 countries to join the conference. Due to the SARS-CoV-pandemie the meeting will be online. The actual meeting will take place in 2021. We congratulate Marica on this honor.

Marica Valente nimmt an den Lindauer Nobelpreisträgertagungen teil

Marica Valente, Doktorandin in der Abteilung Energie, Verkehr, Umwelt, wurde zum 7. Lindauer Treffen der Wirtschaftswissenschaften eingeladen. 373 junge WirtschaftswissenschaftlerInnen aus 60 Ländern wurden für die Teilnahme an der Konferenz ausgewählt. Aufgrund der SARS-CoV-Pandemie wird das Treffen online stattfinden. Das eigentliche Treffen wurde auf 2021 verschoben. Wir gratulieren ...