We are pleased to announce that on May 27, 2022 DIW Berlin will host the “Macroeconometric Workshop”. The workshop covers presentations of both methodological and applied contributions on the frontier of research in quantitative macroeconomics, with a focus on empirical research. The event is jointly organized by the School of Business & Economics of Freie Universität Berlin...
Das Deutsche Institut für Wirtschaftsforschung (DIW Berlin) bekommt eine neue Geschäftsführerin: Die Wissenschaftsmanagerin Denise Rüttinger wird ab 1. Januar 2022 die kaufmännische Leitung des Instituts verantworten und in den Vorstand berufen. Rüttinger ist seit 2018 Verwaltungsleiterin und Mitglied der Direktion am Leibniz-Zentrum für Zeithistorische Forschung ...
From standard portfolio-choice theory it is well-understood that background risk, overwhelmingly due to wage risk, is one of the central determinants of individuals’ portfolio composition: higher background risk reduces risky investments. However, if background risk is negatively correlated with financial market risk, higher background risk implies more risky investment. We quantify the influence of ...
