The coronavirus pandemic, which began in December 2019 and is currently spreading rapidly around the world, is having a noticeable impact on the economy and thus also on the real estate market. Since the measures to curb the spread are causing economic activities to decline massively, small and medium-sized companies in the service, hospitality, and transport sectors in particular, but the self-employed ...
Spell, duration or event history data are used frequently in the social sciences. Handling this kind of data can be cumbersome, especially when you want to supplement spell data with panel data or vice versa. Alternatively, you might want to combine two spell files or enrich spell data with information on events while keeping the spell structure of your data. To accomplish these tasks, we provide five ...
Dieser Beitrag ist am 6. April in der ZEIT ONLINE–Kolumne „Fratzschers Verteilungsfragen“ erschienen. Die Geldpolitik der Europäischen Zentralbank (EZB) enteigne die Sparerinnen und Sparer, und sie erhöhe dadurch die Ungleichheit: Das ist der Vorwurf vieler EZB-Kritiker in Deutschland. Angesichts der Tatsache, dass man wegen der EZB-Politik kaum noch Zinsen auf sein Sparkonto ...
Dieser Gastbeitrag von Jürgen Schupp ist am 30. März 2018 bei „Fazit – das Wirtschaftsblog“ (Frankfurter Allgemeine Zeitung) erschienen. Seitdem der Regierende Bürgermeister von Berlin unter dem Namen „solidarisches Grundeinkommen“ einen entsprechenden Vorschlag gemacht hat, wird die Idee einer Alternative zu Hartz IV eifrig diskutiert. Der Mechanismus ...
This paper examines the degree of persistence in UK inflation by applying long-memory methods to historical data that span the period from 1660 to 2016. Specifically, we use both parametric and non-parametric fractional integration techniques, that are more general than those based on the classical I(0) vs. I(1) dichotomy. Further, we carry out break tests to detect any shifts in the degree of persistence, ...
Are there economies of scale to data in internet search? This paper is first to use real search engine query logs to empirically investigate how data drives the quality of internet search results. We find evidence that the quality of search results improve with more data on previous searches. Moreover, our results indicate that the type of data matters as well: personalized information is particularly ...
On what and to what extent private households in Germany spend money varies significantly depending on employment status, income, and age. As this study based on the most current official sample survey of income and expenditure from 2013 shows, unemployed households on average spend over half of their income on basic needs such as living and food expenses while unemployed people living alone spend ...
