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Does Education Affect Attitudes Towards Immigration? Evidence from Germany

Using data from the German Socio-Economic Panel and exploiting the staggered implementation of a compulsory schooling reform in West Germany, this article finds that an additional year of schooling lowers the probability of being very concerned about immigration to Germany by around six percentage points (20 percent). Furthermore, our findings imply significant spillovers from maternal education to immigration ...

The Wider Benefits of Adult Learning: Work-Related Training and Social Capital

We propose a regression-adjusted matched difference-in-differences framework to estimate non-pecuniary returns to adult education. This approach combines kernel matching with entropy balancing to account for selection bias and sorting on gains. Using data from the German SOEP,we evaluate the effect of work-related training, which represents the largest portion of adult education in OECD countries, ...

Identifying Uncertainty Shocks Using the Price of Gold

We are very grateful to two anonymous referees for helpful comments and suggestions on an earlier version of this article. We are also grateful to seminar participants at the Bank of Italy, Free University of Berlin, University of Naples, Humboldt University of Berlin, IAAE 2016 (Milan), 7th Ifo Conference 2016 (Munich) and EEA 2016 (Geneva), as well as to Rudi Bachmann, Christoph Große Steffen, Michael ...

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Grundsicherung für Arbeitslose: Der jetzige Ansatz ist aus der Zeit gefallen

Das Bundesverfassungsgericht führt heute die mündliche Anhörung zur Vorbereitung des in einigen Monaten zu erwartenden Urteils zur Sozialgesetzgebung durch. Jürgen Schupp, Vize-Direktor des Sozio-oekonomischen Panels (SOEP) am DIW Berlin und Professor für Soziologie an der FU Berlin, ordnet die anstehende Entscheidung wie folgt ein:

US Monetary Policy and the Euro Area

This study documents empirically that contractionary US monetary policy may generate short-term expansionary spillover effects. In individual Euro Area (EA) member countries, economic activity increases, mainly via the trade channel. Also, domestic credit and stock markets expand, highlighting the importance of the financial channel. However, the international repercussions are transitory and distributed ...

Das deutsche Wirtschaftswachstum war zum Jahresende enttäuschend, dürfte aber 2019 ganz ordentlich ausfallen

Die heutige Veröffentlichung der deutschen BIP-Zahlen für 2018 kommentiert Claus Michelsen, Leiter der Abteilung Konjunkturpolitik am DIW Berlin, wie folgt:

Central Business District of St. Petersburg 1869–2017: From a Market Economy to a Centrally Planned One and Back Again

The city center is at the core of urban and housing economics. Many models crucially depend on it. In a market economy, the location of urban amenities, especially eating establishments, closely correlates with that of the city center and, more generally, with the Central Business District (CBD). In a centrally planned economy, the spatial distribution of those amenities is determined by the central ...