Achieving a balanced monetary-fiscal policy mix in the euro area is crucial to ensure that monetary policy is able to fulfil its primary price stability objective. This paper outlines, from an economic and legal perspective, the interaction between monetary and fiscal policy in light of the current monetary and fiscal stance and, in particular, the “quasi-fiscal” effects of some unconventional monetary ...
We study the effect of local unemployment and attitudes towards immigrants at the time of arrival on refugees’ multi-dimensional integration outcomes. We leverage a centralized allocation policy in Germany where refugees were centrally assigned to live in specific counties. To measure sentiments of native residents towards immigrants, we use geo-coded Twitter data, which provides our “negative sentiment ...
The German Socio-Economic Panel (SOEP) serves a global research community by providing representative annual longitudinal data of respondents living in private households in Germany. The dataset offers a valuable life course panorama, encompassing living conditions, socioeconomic status, familial connections, personality traits, values, preferences, health, and well-being. To amplify research opportunities ...
Viel versprochen, wenig gehalten: Die Geschichte des Weltwirtschaftsforums (WEF) in Davos ist auch eine der leeren Absichtserklärungen. In diesem Jahr bietet sich dem WEF in Davos aber eine historische Chance, urteilt Ökonomin Claudia Kemfert - sie muss sie nur ergreifen. Das kommende Weltwirtschaftsforum ist das 54. Treffen von namhaften Regierungs- und Wirtschaftsvertretern in der Welt. Über 60 Staats- ...
Was ihr schon immer zur Energiewende wissen wolltet, aber nie zu fragen gewagt habt – hier ist der zweite Teil der Episode "Eure Fragen, unsere Antworten". Da unsere Podcast-Crew, Wolf-Peter Schill und Alexander Roth nicht alle Fragen in einer Episode beantworten konnten, gehen sie hier im Teil 2 besonders auf die Themen Elektromobilität und Wärmepumpen ein. Wie auch schon beim letzten Mal gilt: ganz ...
The 4th annual Workshop for Women in Macroeconomics, Finance and Economic History is being organized by the DIW Berlin. The aim is to bring together female academic researchers and practitioners to promote and exchange ideas in the field of Macroeconomics, Finance, and Economic History. We invite contributions, including, but not limited to macroeconomic and financial stability, interactions...