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15 Euro Mindestlohn? weg mit den ideologischen Scheuklappen!

„Die Geldpolitik darf nicht mit zusätzlichen wirtschaftspolitischen Aufgaben überfrachtet werden“

Sara Dietz und Kerstin Bernoth haben gemeinsam mit weiteren Autoren eine Studie zu den Erfolgen des Euro in seinen ersten 25 Jahren durchgeführt. Im Redaktionsgespräch betonen sie, dass sie nicht lange nach Erfolgen suchen mussten. Demnach sei der Euro die zweitwichtigste Währung der Welt. Eine weitere Erweiterung der Währungsunion erachten sie nur als sinnvoll, wenn wirtschaftlich starke und finanziell ...

Labour Supply and Survivor Insurance in the Netherlands

This paper investigates the effects of survivor benefits (SB) on the labour supply of widows. Using richadministrative data on the Dutch population and a reform that considerably restricted eligibility to SB, weidentify the causal effect of SB on labour supply. Using a regression discontinuity design strategy based onthe cohort-based implementation of the reform, we show that labour income after spousal ...

Is There an Information Channel of Monetary Policy?

Exploiting the heteroscedasticity of the changes in short-term and long-term interest rates and exchange rates around the FOMC announcement, we identify three structural monetary policy shocks. We eliminate the predictable part of the shocks and study their effects on financial variables and macro variables. The first shock resembles a conventional monetary policy shock, and the second resembles an ...

Thermal Retrofitting of Worst Performing Buildings Mitigates Risk of High Heating Costs

The pace of thermal retrofit of buildings in Germany remains slow. A Worst-First approach, prioritizing the retrofit of inefficient buildings, would address energy- and social policy objectives and deliver economic and climate benefits. Data from the German Socio-Economic Panel (SOEP) show how such an approach would protect especially low-income households often living in very inefficient buildings ...

Sustainable Finance Taxonomies: Enabling the Transition towards Net Zero? A Transition Score for International Frameworks

A plethora of sustainable finance taxonomies are emerging worldwide to support shifting trillions for climate action. Employing a qualitative research approach, we use document analysis to assess 26 sustainable finance taxonomy frameworks worldwide that are in the developing phase or have been published and/or adopted. Based on literature and data we build a transition score (TS) to evaluate the framework’s ...

What are the distributional advantages of retrofitting?

Forschungsgruppe Lebensverlauf und Ungleichheit

Soziale Ungleichheit bleibt in vielen entwickelten Wohlfahrtsstaaten eine zentrale Herausforderung. Grundlegende gesellschaftliche Veränderungen wie die Alterung der Bevölkerung, sich wandelnde Geschlechterrollen, veränderte Familienstrukturen und Transformationen auf den Arbeitsmärkten können diese Ungleichheiten beeinflussen. Als Reaktion darauf untersucht die Forschungsgruppe „Lebensverlauf und...

Life Course and Inequality Research Group

Social inequality remains a pivotal challenge in many developed welfare states. Fundamental societal changes, such as an aging population, evolving gender roles, shifting family structures, and transformations in labor markets, potentially moderates these inequalities. In response, the research group "Life Course and Inequality" investigates how social inequalities develop across and between the...

Book of Condolence for Gert G. Wagner

Gert G. Wagner passed away on January 28, 2024, at the age of 71. He led the Socio-Economic Panel (SOEP) at the German Institute for Economic Research (DIW Berlin) for many years and later served as the Chairman of the Executive Board (President) of DIW Berlin. Mr. Wagner joined DIW Berlin in 1989, taking over leadership of the then-new longitudinal study, the Socio-Economic Panel (SOEP) until ...