Über zehn Jahre nach Ausbruch der Großen Finanzkrise und bald zehn Jahre seit Beginn der Europäischen Staatsschuldenkrise sind Fragen zu den Chancen und Risiken der Verschuldung und Debatten über Schuldenbremsen akut geblieben. Schulden sind die treibende Kraft von Investitionen, Wirtschaftswachstum und Wohlstand: ohne Verschuldung von privaten Haushalten, Unternehmen und ...
More than ten years after the outbreak of the Great Financial Crisis and almost ten years since the beginning of the European sovereign debt crisis, questions about the opportunities and risks of debt and debates about debt brakes have remained acute. Debt is the driving force behind investment, economic growth and prosperity: without the indebtedness of private households, companies and governments, ...
In this paper, we analyze how the formal recognition of immigrants' foreign occupational qualifications afects their subsequent labor market outcomes. The empirical analysis is based on a novel German data set that links respondents' survey information to their administrative records, allowing us to observe immigrants at monthly intervals before, during and after their application for occupational recognition. ...
In 2015, Germany introduced a statutory hourly minimum wage that was not only universally binding but also set at a relatively high level. We discuss the short-run effects of this new minimum wage on a wide set of socio-economic outcomes, such as employment and working hours, earnings and wage inequality, dependent and selff-employment, as well as reservation wages and satisfaction. We also discuss ...
With the arrival of over one million asylum seekers in Germany in 2015, policy discussions opened whether refugees should be spread across the country or spatially concentrated in order to facilitate their integration in society. When an immigrant locates in a residential area with many natives or many foreigners he has access to different respective social networks which are important for the labor ...
Diese Studie untersucht das Erwerbs- und Kitanutzungsverhalten von Müttern mit und ohne Migrationshintergrund in Deutschland. Wir nutzen die Wellen 2007-2015 des Sozio-oekonomischen Panels (SOEP) mit den Migrantenstichproben M1 und M2, um signifikante Assoziationen zwischen Migrationshintergrund und Erwerbswahrscheinlichkeit, Arbeitsstunden und Kitanutzungswahrscheinlichkeit unter Kontrolle von Humankapital-, ...
This article studies the evolution of housing rents in St. Petersburg between 1880 and 1917, covering an eventful period of Russian and world history. We collect and digitize over 5,000 rental advertisements from a local newspaper, which we use together with geo-coded addresses and detailed structural characteristics to construct a quality-adjusted rent price index in continuous time. We provide the ...
