We study the economic consequences of anti-loss trafficking rules, which disallow theuse of loss carry-forwards as tax shield after a substantial ownership change. We usestaggered changes to anti-loss trafficking rules in the EU27 Member States, Norwayand United Kingdom from 1998 to 2019 and find that limiting the transfer of tax lossesreduces the number of M&As by 18%. The impairment is driven by ...
We study the intergenerational transmission of welfare benefit receipt in Germany. We first describe the correlation between welfare receipt experienced in the parental household and subsequent own welfare receipt of young adults. In a second step, we investigate whether the observed correlations reflect causal effects of past welfare experience. We use family fixed effects estimations and Gottschalk's ...
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 ...
Es ist paradox: Der Niedriglohnbereich ist sehr viel kleiner geworden, die unteren Lohngruppen hatten hohe Zuwächse. Doch die Ungleichheit hat das nicht reduziert. Die Anzahl der Beschäftigten im Niedriglohnsektor ist in den vergangenen zehn Jahren deutlich zurückgegangen. Gleichzeitig steigt die Ungleichheit von Einkommen, und das Armutsrisiko verharrt auf einem sehr hohen Niveau. Das ist auf den ...
We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led to a rise in the capital share and income inequality, as predicted by orthodox Marxists. But against their ...
Online panel surveys are often criticized for their inability to cover the offline population, potentially resulting in coverage error. Previous research has demonstrated that non-internet users in fact differ from online individuals on several sociodemographic characteristics. In attempts to reduce coverage error due to missing the offline population, several probability-based online panels equip ...
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- ...
