This study tests the prediction that perceived corruption reduces ethical behavior. Integrating a standard “cheating” experiment into a broad household survey in rural Thailand, we find tentative support for this prediction: respondents who perceive corruption in state affairs are more likely to cheat and, thus, to fortify the negative consequences of corruption. Interestingly, there is a small group ...
Due to ambitious climate change targets and other energy and industrial policy goals such as the nuclear phase-out, the energy transition in Germany is heading toward a completely renewable energy system. This Weekly Report is the first to describe scenarios for 100 percent renewable energy coverage in Germany and, furthermore, shows it is both possible and realistic. In such a scenario, no more fossil ...
We quantify the causal link between exchange rate movements and sovereign risk of 16 major emerging market economies (EMEs) by means of structural vector autoregressive models (SVARs) and conditional on data from 10/2004 through 12/2016. We apply a novel data-based identification approach of the structural shocks that allows to account for the complex interrelations within the triad of exchange rates, ...
Mit wachsendem Wohlstand steigt der Wunsch zu reisen. Daran wird sich auch künftig nichts ändern. Und das ist auch gut so – trotz Klimawandel und Pandemien. Dieser Text erschien am 28. Juni 2021 in der Zeit Online-Kolumne Fratzschers Verteilungsfragen. "Reisen ist fatal für Vorurteile, Intoleranz und Engstirnigkeit" schrieb Mark Twain. Wenn er recht hat, dann war die Pandemie keine ...
Jan Berkes has successfully defended his dissertation "Causes and Consequences of Educational Attainment and Household Decisions - Six Essays in Applied Microeconomics" supervised by Katharina Spieß (1st supervisor) and Lukas Menkhoff (2nd supervisor) at Free University Berlin. Congratulations!
