Self-efficacy reflects the self-belief that one can persistently perform difficult and novel tasks while coping with adversity. As such beliefs reflect how individuals behave, think, and act, they are key for successful entrepreneurial activities. While existing literature mainly analyzes the influence of the task-related construct of entrepreneurial self-efficacy, we take a different perspective and ...
The long-run U-shaped patterns of economic inequality are standardly explained by basic economic trends (Piketty’s r > g), taxation policies or ‘great levellers’ such as catastrophes. This article argues that housing policy, and particularly rent control, is a neglected explanatory factor in understanding macro inequality. We hypothesize that rent control could decrease overall housing wealth, lower ...
GC Doctoral Candidate Dennis Gaus of the Energy, Transportation, and Environment department will be completing a six-month internship at the Organisation for Economic Cooperation and Development (OECD) in Paris from March 1st onwards. He will be working on a project on the determinants and effects of Foreign Direct Investment (FDI) within the Centre for Entrepreneurship, SMEs, Regions and Cities (CfE). ...
Die Bundesregierung hat die Förderung von Beschäftigung mit niedrigen Bruttoarbeitsentgelten (Midijobs) zum 1. Januar 2023 ausgeweitet und die Verdienstobergrenze auf 2 000 Euro brutto monatlich angehoben. Rund 6,2 Millionen Menschen mit einem Midijob profitieren von reduzierten Sozialbeiträgen. Zudem erhalten sie die vollen Rentenansprüche, obwohl sie verminderte Rentenbeiträge zahlen. Möglich wird ...
We evaluate German purchase subsidies for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) using data on new vehicle registrations in Germany during 2015-2022. We account for confounding time trends and interacting EU-level CO2 standards using neighboring countries as a control group. The program was cost-ineffective, as only 40% of BEV and 25% of PHEV registrations were ...