Minicourses are a series of one or two day courses on various topics in Economics, organized by the DIW Graduate Center. The target audience consists of graduate students in Economics at Berlin universities and research institutes. The GC Minicourses are held on an irregular basis at DIW Berlin (about once a month) and are open to all affiliates of DIW Berlin, those of the BDPEMS program, and...
Syllabus Vector Autoregressive Models Vector Error Correction Models Structural VAR Tools Bayesian VAR Analysis Identification by Short-Run Restrictions Identification by Long-Run Restrictions Inference for Impulse Responses Sign Restrictions Identification by Heteroskedasticity or Non-Gaussianity Identification Based on External Instruments Structural VAR Analysis in a Data-Rich...
We study the effectiveness of intrahousehold insurance among married couples when the husband loses his job due to a mass layoff or plant closure. Empirical results based on Austrian administrative data show that husbands suffer persistent employment and earnings losses, while wives' labor supply increases moderately due to extensive margin responses. Wives' earnings gains recover only a tiny fraction ...
Unabhängig davon, ob der Grundrenten-Beschluss der Koalitionsparteien tatsächlich umgesetzt wird, ist er von Interesse, da die Diskussion über die noch offene Finanzierung der geplanten Grundrente auf die grundsätzliche Frage verweist, welche Risiken die Gesetzliche Rentenversicherung eigentlich versichert. Es gibt Argumente dafür, dass die konventionelle Sichtweise auf die versicherten Risiken abgelöst ...
Dass die deutsche Wirtschaft schwächelt, liegt auch an der Ineffizienz und Unzuverlässigkeit des Staates. Die Folge ist ein Vertrauensverlust. Gastbeitrag Dieser Beitrag ist am 10. Februar 2020 im Tagesspiegel erschienen. Mit dem Einbruch der Industrieproduktion um 3,5 Prozent im Dezember lässt sich nicht mehr leugnen, dass die deutsche Wirtschaft einer Rezession gefährlich ...
The present paper analyzes how the statutory minimum wage introduced on January 1, 2015, has affected working hours in Germany up to 2016. The data used come from the Socio-Economic Panel (SOEP), which provides not only contractual working hours but also actual hours worked. Using a difference-in-differences estimation approach, we find a significant and robust reduction in contractual working hours ...
Using large-scale data from the German Socio-Economic Panel (SOEP), this paper finds that financial professionals have a lower prosociality and riskier behavior than a control group. I interpret these findings using the person-organization fit theory, and thus, the compatibility between the employee's personality and the prevailing culture in their organization....
