The fertility decline is everywhere in the world today. Moreover, the decline goes decades back in the histories of rich countries. Birthrates have been below replacement in the U.S. and Europe since the mid-1970s, although further declines occurred after the Great Recession. The reasons for the declines from the 1970s to the early 2000s involve greater female autonomy and a mismatch between the...
Doch der Weg ist lang. Mit ihrer Milliardenbuße gegen Google hat die EU-Kommission ein Zeichen gesetzt: Europa ist entschlossen, seine Wettbewerbsregeln konsequent durchzusetzen. Dies ist ein wichtiger Schritt in die richtige Richtung, wird jedoch allein nicht ausreichen. Nun müssen auch wirksame Lösungen für die strukturellen Probleme des Marktes gefunden werden – mehr als es etwa im jüngsten US-Urteil ...
Stock market participation among working household heads jumped upwards in 2020 – in Germany by about 25%. A major cause is the required use of work from home (WfH). We show this by adding WfH to a large set of explanatory variables. Moreover, we implement an instrumental variables estimation based on industry-specific levels of WfH-capacity. The transmission channels seem to work via increased available ...
Die junge Generation zahlt hohe Beiträge für Rente, Gesundheit und Klimaschutz – und belastet damit ihre Autonomie. Ein fairer Deal zwischen Jung und Alt geht anders. 84 Prozent der Deutschen – darunter auch die große Mehrheit der Babyboomer – sind überzeugt, dass es künftigen Generationen schlechter gehen wird als uns heute. Dieses Ergebnis ist mehr als nur ein schlechter Stimmungswert. Es ist ein ...
While Equity Crowdfunding (ECF) platforms are a virtual space for raising funds, geography remains relevant. To determine how location matters for entrepreneurs using equity crowdfunding (ECF), we analyze the spatial distribution of successful ECF campaigns and the spatial relationship between ECF campaigns and traditional investors, such as banks and venture capitalists (VCs). Using data from the ...
Why is the Federal Republic of Germany a case of interest at all to be considered in a handbook on poverty and inequality? Three reasons come foremost to mind. First, Germany holds a dominant economic and political position within the European Union, making changes in poverty and inequality highly significant beyond its borders. Second, Germany is often considered a prime example of a "coordinated ...
Parental wealth is a crucial dimension of socioeconomic status (SES) and plays a significant role in the intergenerational transmission of educational advantage. Previous research on the topic has been limited to a small number of countries, and findings on the relationship between parental wealth and educational attainment are hardly comparable across institutional contexts. Furthermore, the specific ...
