The German Social Cohesion Panel (SCP) is a probability-based self-administered longitudinal study in a mixed-mode design (PAPI and CAWI) that is jointly carried out by the Research Institute Social Cohesion (RISC) and the German Socio-Economic Panel (SOEP). The aim of the study is to capture the diversity of social cohesion in Germany from multiple perspectives, particularly regarding the extent to ...
Amidst the challenges of declining response rates and escalating costs in survey research, the adoption of innovative new data collection designs such as planned missingness and split questionnaire designs is becoming increasingly prevalent. This dissertation addresses the imputation of social survey data from split questionnaire designs and the methodological decisions associated with implementing ...
Zu den Ergebnissen der heutigen Sitzung des Rates der Europäischen Zentralbank (EZB) ein Statement von Marcel Fratzscher, Präsident des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin):
We investigate the interplay of the monetary–fiscal policy mix during times of crisis by drawing insights from the Great Inflation of the 1960s and 1970s. We use a Sequential Monte Carlo (SMC) algorithm to estimate a DSGE model with three distinct monetary/fiscal policy regimes. We show that, in such a model, SMC outperforms standard sampling algorithms because it is better suited to deal with multimodal ...
Following the end of the coronavirus pandemic, the European Central Bank (ECB) was confronted with an unprecedented increase in energy prices. This led to consumer price inflation in the euro area far beyond the ECB’s inflation target of two percent, at times up to 10 percent. At the same time, the euro area economy was threatened by a recession, which resulted in the ECB facing conflicting objectives ...
DIW-Studie untersucht empirisch geldpolitische Strategie der EZB während der Energiepreiskrise – Berechnungen zeigen, dass expansive Geldpolitik zum Anstieg der Inflation beitrug, aber auch Wirtschaft stützte – Frühzeitigere Zinserhöhung hätte Inflation gebremst und Wirtschaft nur kurzfristig belastet – Mit Fiskal- und Kapitalmarktunion könnte EZB ihr Mandat der Preisstabilität besser erfüllen Die ...
