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Stranded Investments in the Coal Export Industry?

The Case of the Australian Galilee Basin Thermal coal exporters face increasing uncertainty about future coal demand and the risk of asset stranding is increasing. Nevertheless, new export-oriented coal mine projects like the Carmichael project in the Australian Galilee Basin are still brought forward. In this seminar, we discuss research results with the COALMOD-World model with Australian...

R&D Spillovers through RJV Cooperation

We investigate how R&D spillovers propagate across firms linked through Research Joint Ventures (RJVs). Building on the framework developed by Bloom et al. (2013) which considers the opposing effects of knowledge spillovers and product market rivalry, we extend the model to account for RJV cooperation. Since the firm’s decision to join a RJV is endogenous, we build a model of RJV participation. The ...

Inequality over the Business Cycle: The Role of Distributive Shocks

This paper examines how wealth and income inequality dynamics are related to fluctuations in the functional income distribution over the business cycle. In a panel estimation for OECD countries between 1970 and 2016, although inequality is, on average countercyclical and significantly associated with the capital share, one-third of the countries display a pro- or noncyclical relationship. To analyze ...

China könnte als erster Dominostein im globalen Finanzsystem fallen - und damit große Verwerfungen auslösen

Stimulating Housing Policy and Housing Tenure Choice: Evidence from the G7 Countries

Housing affordability is a hotly debated issue on global scale. A lack of affordable housing of decent quality is a chronic problem in urban areas. Governments try to alleviate it by stimulating homeownership among middle-income households and providing social housing for the low-income households. Such policies are very costly. Thus, this study aims to assess at least tentatively the effectiveness ...

Women Increasingly Identifying as Part of a Discriminated Group

Policymakers have been attempting to combat discrimination at all levels for a long time. However, the measures they take can only be successful if there is general awareness of the discrimination experienced by certain groups or people: Discrimination can only be addressed when people also recognize and acknowledge it is happening. Therefore, it is important to measure the extent to which the population ...

Mindestlohn nicht nur erhöhen, sondern auch besser kontrollieren

Die Bundesregierung hat heute die Anhebung des Mindestlohns auf zwölf Euro beschlossen. Johannes Seebauer, DIW-Experte für Arbeit und Beschäftigung, kommentiert dies wie folgt:

Forward to the Past: Short-Term Effects of the Rent Freeze in Berlin

In 2020, Berlin introduced a rigorous rent-control policy responding to soaring rents by setting a cap on rental prices: the Mietendeckel (rent freeze). The policy was revoked one year later by the German Constitutional Court. Although successful in reducing rents during its duration, the consequences for Berlin’s rental market and adjacent municipalities are not clear. In this paper we evaluate the ...

DIW-Konjunkturprognose: Dem Wintertief folgt ein Sommerhoch

Deutsche Wirtschaft dürfte in diesem Jahr um 3,0 Prozent wachsen und im kommenden Jahr um 2,9 Prozent – Omikron-Infektionswelle unterbricht Erholung wohl nur vorübergehend Die Corona-Pandemie drückt der deutschen Wirtschaft auch in diesem Jahr ihren Stempel auf. Derzeit sorgt die Omikron-Infektionswelle für einen trüben Winter: Zwar sind die Einschränkungen des ...

DIW-Konjunkturprognose: Dem Wintertief folgt ein Sommerhoch

Die Omikron-Infektionswelle hat die Wirtschaft weltweit eingeholt und sorgt für einen trüben Winter. Auch wenn die Einschränkungen des wirtschaftlichen und gesellschaftlichen Lebens – vor allem dank der Impffortschritte – vielerorts nicht so drastisch ausfallen wie vor einem Jahr und es auch in Deutschland bereits Öffnungsperspektiven gibt, macht sich derzeit doch zumindest der erhebliche Arbeitsausfall ...