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Firm Adjustment to a Policy-Induced Negative Labor Supply Shock: Evidence from Germany

With Johannes Geyer, Peter Haan, Jan Nimczik and Lennert Peede In times of an increasing scarcity of workers, Germany has in a rare move decreased the retirement age for a sizeable group of the workforce. This paper investigates the effect of this negative labor supply shock on firm and individual level outcomes using the universe of firms in the IEB as well as matched employer-employee data from...

Anpassung der Unternehmen an einen durch die Politik verursachten negativen Schock auf der Arbeitsangebotsseite: Erkenntnisse aus Deutschland

Gemeinsame Arbeit mit:  Johannes Geyer, Peter Haan, Jan Nimczik and Lennert Peede Der englische Originaltitel des Seminars lautet: "Firm Adjustment to a Policy-Induced Negative Labor Supply Shock: Evidence from Germany". Die Präsentation findet auf Englisch statt.Eine kurze Zusammenfassung zum Vortrag ist nur auf der englischen Veranstaltungsseite verfügbar!

A missed opportunity? Labor demand shocks and workforce diversity

We study how labor demand shocks affect workforce diversity in the absence of targeted diversity policies. Exploiting German reunification as a natural experiment, we analyze the academic labor market where nearly all social sciences professors in East Germany were replaced while STEM faculty remained largely unchanged. Using administrative data and a regional difference-in-differences design, we...

The trickle-down effects of higher education affirmative action

Global Offshore Wealth, 2001-2023

This paper constructs homogeneous time series of global household offshore wealth covering the 2001–2023 period, during which major international efforts were implemented to curb offshore tax evasion. We find that: (i) global offshore wealth remained broadly stable as a fraction of global GDP since 2001, following a sharp increase in the 1980s and 1990s; (ii) the location of offshore wealth changed ...

Eine kluge Rentenpolitik sollte niemals Klientelpolitik sein

Bundesarbeitsministerin Bärbel Bas will das Renteneintrittsalter an die Beitragsjahre koppeln. Doch zu einer klugen Reform gehören ganz andere Schritte. Bundesarbeitsministerin Bärbel Bas regt für die geplante Rentenreform an, das Renteneintrittsalter an die Dauer der sozialversicherungspflichtigen Beschäftigung zu koppeln. Einige Ökonomen und Politikerinnen begrüßen den Vorschlag. Was auf den ersten ...

Manufacturing Work beyond Manufacturing Industries: Rethinking Structural Change in Germany

Mehr Gleichstellung – das ist auch gut für die Demografie

Deutschlands niedrige Geburtenrate ist kein individuelles Problem. Es genügt nicht, höhere Einkommen für Eltern zu fordern. Es braucht eine radikale Gleichstellung.  Deutschland steht vor einer seiner größten gesellschaftlichen und wirtschaftlichen Herausforderungen: dem demografischen Wandel. Die Geburtenrate liegt seit Jahrzehnten deutlich unter der Reproduktionsrate. In Deutschland beträgt sie aktuell ...

Child Penalties in Labour Market Skills

This paper estimates child penalties in labour-market-relevant cognitive skills, such as numeracy but also literacy and problem-solving competencies. We use international PIAAC data and adapt a pseudo-panel approach to a single cross-section covering 29 countries. Numeracy scores, which are associated with the largest returns to skills and pronounced gender differences, decline by 0.11 standard deviations ...

Career Concerns and Managerial Risk Taking: Evidence from the NFL

Risky decisions in organizations may be distorted away from profit maximization if managers care about their reputation, i.e., public perceptions of their ability. Because reputation is hard to measure, documenting such distortions is difficult in most contexts. We provide evidence that the decision making of head coaches in the National Football League (NFL) is distorted by reputation concerns....