After the economic impact of the COVID-19 crisis, Catalonia is set to be the place of the most ambitious Universal Basic Income (UBI) pilot experiment in Europe to date. Up to 5,000 participants will be selected to receive for two years (2023-2024) an individual cash benefit of 800 EUR (300 EUR for minors), unconditionally. The Catalan pilot project will also test the...
The German Socio-Economic Panel Study is a representative panel study for the German population, collecting data on a broad variety of topics of everyday life, including general wellbeing, household composition, educational aspirations and educational status, income and occupational biographies, leisure time activities, housing, health, political orientation and more. With its long running panel...
Spillovers from US monetary policy entail spillbacks to the domestic economy. Applying counterfactual analyses in a Bayesian proxy structural vector-autoregressive model we find that spillbacks account for a non-trivial share of the slowdown in domestic real activity following a contractionary US monetary policy shock. Spillbacks materialise as a monetary policy tightening depresses foreign sales and ...
We test for the empirical relevance of partial and asymmetric dominant-currency pricing (DCP), the hypothesis that large but not necessarily identical shares of economies’ export and import prices are sticky in US dollar. We first set up a structural three-country New Keynesian dynamic stochastic general equilibrium model which nests DCP, producer-currency pricing and local-currency pricing. Under ...
This study analyzes the causal effect of an increase in the retirement age on official health diagnoses. We exploit a sizable cohort-specific pension reform for women using a Difference-in-Differences approach. The analysis is based on official records covering all individuals insured by the public health system in Germany and including all certified diagnoses by practitioners. This enables us to gain ...
DIW Berlin und Ruhr-Universität Bochum haben Langzeitarbeitslose zu Reformplänen für das Grundsicherungssystem befragt – Höhere Regelsätze und bessere Hinzuverdienstmöglichkeiten finden breite Zustimmung, generelle Sanktionsfreiheit hingegen nicht – Soziale Teilhabe könnte unter anderem durch Förderung des ehrenamtlichen Engagements verbessert werden Mit dem Bürgergeld möchte die Bundesregierung ...
