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Learn to use the SOEP over lunch

The German Socio-Economic Panel Study is a representative panel study for the German population, collecting data on a broad variety of topics of everyday life, including general wellbeing, household composition, educational aspirations and educational status, income and occupational biographies, leisure time activities, housing, health, political orientation and more. With its long running panel...

Selection, Socialization, and Risk Preferences in the Finance Industry: Longitudinal Evidence for German Finance Professionals

The financial sector plays a crucial role in society. Consequently, prior research has examined the preferences of professionals working in finance. However, these studies have tended to be cross-sectional and have neglected the dynamic roles played by (self-)selection and socialization. This paper uses longitudinal data from Germany to examine how individuals’ financial risk preferences affect their ...

Uncertainties in Estimating Production Costs of Future Nuclear Technologies: A Model-based Analysis of Small Modular Reactors

Predicting future costs of technologies not yet developed is a complex exercise that includes many uncertain parameters and functional forms. In that context, small modular reactor (SMR) concepts that are in a rather early development stage claim to have cost advantages through learning effects, standardized design, modularization, co-siting economies, and other factors, such as better time-to-market ...

Bidirectional Coupling of the Long-term Integrated Assessment Model REgional Model of INvestments and Development (REMIND) v3.0.0 with the Hourly Power Sector Model Dispatch and Investment Evaluation Tool with Endogenous Renewables (DIETER) v1.0.2

Integrated assessment models (IAMs) are a central tool for the quantitative analysis of climate change mitigation strategies. However, due to their global, cross-sectoral and centennial scope, IAMs cannot explicitly represent the temporal and spatial details required to properly analyze the key role of variable renewable energy (VRE) in decarbonizing the power sector and enabling emission reductions ...

Using Within-Person Change in Three Large Panel Studies to Estimate Personality Age Trajectories

How does personality change when people get older? Numerous studies have investigated this question, overall supporting the idea of so-called personality maturation. However, heterogeneous findings have left open questions, such as whether maturation continues in old age and how large the effects are. We suggest that the heterogeneity is partly rooted in methodological issues. First, studies may have ...

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Wie Deutschland gleichzeitig die Klimaziele erfüllen und Wachstumsimpulse geben kann

DIW-Prognosemodell untersucht, unter welchen Voraussetzungen deutsche Emissionsziele erreicht werden können und welche Effekte dies auf das Wirtschaftswachstum hätte – Technologischer Fortschritt müsste sich entweder beschleunigen oder zusätzliche Maßnahmen wie eine CO2-Bepreisung eingeführt werden, um Emissionsziele zu erreichen – CO2-Preis hätte ohne Rückführung der Einnahmen eine dämpfende Wirkung ...

Erfüllung der Klimaziele kann nur bei richtiger Kombination der Maßnahmen Wachstumsimpulse geben

Um die Klimaziele zu erreichen, ist es unabdingbar, die CO2-Emissionen zu reduzieren. Unklar ist, welche Maßnahmen dazu erforderlich sind und wie diese das Wirtschaftswachstum beeinflussen. In diesem Wochenbericht werden anhand eines makroökonomischen Modells vier Szenarien im Vergleich zu einem Basisszenario ohne Emissionsreduktionen betrachtet und analysiert, welche Auswirkungen unterschiedliche ...

Investive Maßnahmen sind nötig, um klimazielkonformes Wachstum zu sichern: Interview