This paper uses a panel of German individuals and highly granular pollution data to test if air pollution affects adults’ well-being indirectly through the health of their children. Results show that ozone decreases the well-being of individuals with children while not affecting persons without kids. We confirm the same effect for fine particulate matter and sulfur dioxide. Concerning the mechanism, ...
In proxy vector autoregressive models, the structural shocks of interest are identified by an instrument. Although heteroskedasticity is occasionally allowed for, it is typically taken for granted that the impact effects of the structural shocks are time-invariant despite the change in their variances. We develop a test for this implicit assumption and present evidence that the assumption of time-invariant ...
Working from home can benefit work–family balance, but, due to the gendered meaning of flexibility, risks increasing the unequal allocation of unpaid care work in couples. Does working from home increase the within-couple gender care gap? To address this question, we use linear panel data models based on German Socio-Economic Panel data from 1997 to 2014. The results indicate that working...
The consequences of the ongoing 2020 coronavirus pandemic are leaving deep marks on the global economy. In the first quarter of 2020, global production sank by 15.5 percent over the course of the worldwide lockdown. Since containment measures in many countries were mainly implemented during the second quarter of 2020, the slump in the first half of 2020 is likely to be even more severe overall. Due ...
The coronavirus recession has left deep marks on the German economy and despite economic policy action, it is likely to heal only slowly. The partial easing of the lockdown and a gradual revival of global value chains are generating positive stimuli, but massive income losses will curb demand for some time to come. The German Federal Government was able to avoid the worst by implementing measures to ...
Durch den Nachfrageausfall in Folge der Corona-Krise haben viele Selbständige ihre Einkommensgrundlage – zumindest vorübergehend – teilweise oder sogar vollständig verloren. Rund 60 Prozent unter ihnen beklagen Einkommensverluste, während es bei den abhängig Beschäftigten etwa 15 Prozent sind. Rund die Hälfte der von der Krise negativ betroffenen...
Durch den Nachfrageausfall in Folge der Corona-Krise haben viele Selbständige ihre Einkommensgrundlage – zumindest vorübergehend – teilweise oder sogar vollständig verloren. Rund 60 Prozent unter ihnen beklagen Einkommensverluste, während es bei den abhängig Beschäftigten etwa 15 Prozent sind. Rund die Hälfte der von der Krise negativ betroffenen Selbständigen verfügt nur für maximal drei Monate über ...