Financing entrepreneurship spurs innovation and economic growth. Digital financial platforms that crowdfund equity for entrepreneurs have emerged globally, yet they remain poorly understood. We model equity crowdfunding in terms of the relationship between the number of investors and the amount of money raised per pitch. We examine heterogeneity in the average amount raised per pitch that is associated ...
Hintergrund: Die Inanspruchnahme ambulanter zahnmedizinischer Leistungen ist ein wichtiger Indikator für die Beschreibung der gesundheitlichen Versorgung in Deutschland. In der Allgemeinbevölkerung liegt die 12-Monats-Prävalenz der Nutzung zahnmedizinischer Leistungen im Schnitt bei 82,2 %. Für geflüchtete Menschen wurde der Indikator bisher kaum erhoben, obwohl Studien einen objektiv hohen Versorgungsbedarf ...
The energy transition is a major challenge for both Germany and France. This Weekly Report provides an overview of the short- and long-term goals as well as current developments and trends in France’s energy and climate policy. It reveals that France is largely on track with its greenhouse gases targets and is also making good progress on installing heat pumps. However, its expansion of renewable energy ...
Mit dem vorliegenden Bericht eröffnen wir unsere Reihe der Zusammenhaltsberichte desFGZ. Die Zusammenhaltsberichte sollen auf der Grundlage der im FGZ erhobenen Dateneine interessierte Öffentlichkeit über zentrale Befunde und Analysen zum gesellschaftlichenZusammenhalt in Deutschland informieren. Mit dem Fokus auf Datenerhebungen ergänzendie am Forschungsdatenzentrum des FGZ (FDZ-FGZ) koordinierten ...
This paper investigates the gender wealth gap using wealth recorded in the Socio-Economic Panel (SOEP). Ranking women and men by their individual wealth reveals that the average gender wealth gap is driven by the large gap in the top tail. We find that the gender wealth gap widens during working age and closes during retirement. This is associated with men receiving higher inheritances and inter-vivos ...
By the end of the Second World War, an estimated 20 percent of the West German housing stock had been destroyed. Building on a theoretical lifecycle model of wealth accumulation, this paper examines the extent to which regional differences in destruction can explain differences in wealth today” – at the beginning of the 21st century. As our empirical basis, we link a unique historical dataset on the ...
We analyse variation in firm performance as a function of the international diversification of ICT imports by firms. Drawing on administrative data from 2010 and 2014 on nearly 4000 German manufacturing firms, we find that firms with ICT sourcing that is diversified across multiple countries perform better than similar, less-diversified firms. This finding holds true for two performance metrics (value ...
Background The first wave of the Corona Monitoring Nationwide (RKI-SOEP) Study drawn from the German Socio-Economic Panel proved a low pre-vaccine SARS-CoV-2 seroprevalence in the German adult population of 2.1%.Methods In this second wave of the study (RKI-SOEP-2, November 2021-March 2022), we used combined serological and self-reported data on infection and vaccination to estimate the prevalence ...
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is scarce to non-existent. This is problematic because both theoretical and empirical evidence show that the position in the wealth and income distribution can significantly diverge. We measure ex-ante IOp in net wealth for Germany using data from the Socio-Economic Panel (SOEP). Ex-ante ...