Conversational AI models are becoming increasingly popular and are about to replace traditional search engines for information retrieval and product discovery. This raises concerns about monetization strategies and the potential for subtle consumer manipulation. Companies may have financial incentives to steer users toward search results or products in a conversation in ways that are unnoticeable...
Countries are increasingly turning to non-tariff barriers that are hard to measure and often illegal under WTO rules. What are the impacts of these policies, and what do they reveal about market power in international trade? We study a comprehensive system of discretionary import licenses imposed by Argentina, where we observe the universe of transaction-level requests and approval decisions...
In this project, we analyze whether the arts can mitigate negative impacts of social distancing and isolation on mental health and wellbeing, ease the burden of closed day-care and school facilities on families, and preserve attitudes of solidarity and trust. Using the SOEP-CoV questionnaire, we examine whether experience with music enabled individuals and households to handle social isolation and ...
Anlässlich des heute stattfindenden Industriegipfels bei Bundeskanzler Scholz und des Treffens der FDP-Fraktion mit Wirtschaftsverbänden ein Statement von Marcel Fratzscher, Präsident des Deutschen Instituts für Wirtschaftsforschung (DIW Berlin):
Versorgungssicherheit im Stromsystem ist fundamental, damit wir nicht im Dunkeln sitzen. In Folge 24 von 'fossilfrei' haben Wolf-Peter Schill und Alexander Roth verschiedene Optionen vorgestellt, wie man unser Stromsystem absichern kann, das zunehmend auf fluktuierenden erneuerbaren Energien basiert. In dieser Folge geht es im Detail um eine dieser Optionen: die „Versorgungssicherheitsreserve“. Als ...
This paper evaluates the impact of immigration on the incidence of severe health shocks at the workplace level. Using rich linked employer-employee data from Germany and an instrumental variable leveraging policy variation, I show that firms with a higher concentration of foreign workers experience lower rates of long-term sickness among their employees. Decomposing the rates by gender and worker...
This paper studies and compares the effect of different adverse life events -- job loss, disability and health shocks, divorce and spousal death -- on individuals' income trajectories. We use a harmonized design across events in terms of methodology and data: matching difference-in-difference with exhaustive Dutch administrative registers. We assess the effect of adverse events on different...