In the recent economic crises, Germany has made use of job retention schemes and in particular short-time work benefits ('Kurzarbeit') to tackle shocks in labor demand. Under these schemes, workers have not been laid off and received unemployment benefits, but reduced their working hours (or stopped working) for a limited amount of time while receiving short-time leave benefits. While the effect...
We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment insurance; however, the opposite holds ...
Join us for an insightful presentation on the global impact of COVID-19 on public debt and the challenges it poses for policymakers. This lecture explore the effectiveness of different approaches to reducing debt-to-GDP ratios, considering econometric analyses and historical experiences. Followed by a discussion. Key findings include: Fiscal consolidations: Timely and well-designed fiscal...
The European Central Bank (ECB) is currently facing major challenges. Fragmentation of government bond yields across Member States of the European Economic and Monetary Union, based on different economic and fiscal policies, hampers a uniform transmission of monetary policy. At the same time, climate-related financial risks need to be addressed. In recent years, the ECB is meeting these challenges ...
The majority of refugee women who arrived in Germany during the peak of the refugee crisis between 2013 and 2019 are unemployed. Using data from the IAB-BAMF-SOEP Survey of Refugees, this study investigates the contributing factors for refugee women’s limited labor market participation. Results show that a combination of low levels of education compared to the German population, slow progress in language ...
42 Prozent der Unternehmen in Deutschland nutzen Cloud-Lösungen – IT-Investitionen dieser Unternehmen gehen aber dadurch nicht wie erwartet zurück – Produktivität steigt im verarbeitenden Gewerbe – Wahrscheinlichkeit, auf cloudbasierte Lösungen umzusteigen, nimmt mit Unternehmensgröße und Breitbandverfügbarkeit zu Immer mehr Unternehmen in Deutschland verlegen ihre IT-Aktivitäten in die Cloud, statt ...
Cloud-Computing ist für Unternehmen eine kostengünstige und flexible Art der IT-Nutzung, ohne dass Investitionen in die eigene, teure und starre IT-Infrastruktur notwendig sind. Daher wird erwartet, dass die Nutzung von Cloud-Diensten sich in geringeren IT-Investitionen niederschlägt und zugleich die Produktivität erhöht. Ob dem tatsächlich so ist, wird mit Hilfe von aktuellen aggregierten Daten und ...
