13 europäische ÖkonomInnen befürworten Corona-Kreditlinien vom Europäischen Stabilitätsmechanismus ESM. DIW Präsident und Co-Autor des Vorschlags Marcel Fratzscher kommentiert:
It is in the interest of every EU member state that countries in the Union hit by the coronavirus are able to take the necessary measures to control the pandemic and deal with the economic consequences without being constrained, and to do so very quickly. This column proposes a Covid credit line in the European Stability Mechanism, with allocation across member states proportionate to the severity ...
As part of its Green Deal, the European Commission is considering the introduction of border carbon adjustments and alternative measures. The measures, which would primarily apply to basic materials like steel and cement, pursue a double objective: they are aimed at enhancing the effectiveness of carbon pricing for the transition to climate neutrality but also at avoiding carbon leakage risks. When ...
In contrast to international trade, it is still difficult to find regionaltrade statistics within a nation. Given that the gravity model con-tinues to be very popular, we test two gravity-RAS approaches usedfor interregional trade estimation: a standard one and an extendedversion, which additionally estimates intra-regional flows. We assessthe accuracy with the help of two measures and for different ...
We examine whether a disclosure mandate for greenhouse gas emissions creates stakeholder pressure for firms to subsequently reduce their emissions. For UK-incorporated listed firms such a mandate was adopted in 2013. Using a difference-in-differences design, we find that firms affected by the mandate reduced their emissions – depending on the specification – by an incremental 14-18% relative to a control ...
Das DIW Berlin trauert um seinen langjährigen früheren Abteilungsleiter Dr. Bernhard Seidel. Er starb am vergangenen Wochenende nach kurzer schwerer Krankheit im Alter von 76 Jahren. Seidel trat im Jahr 1969 ins Institut ein und war zunächst Referent für Europa in der damaligen Abteilung „Westliche Industrie- und Entwicklungsländer“. 1992 wurde er Leiter der Forschungsabteilung ...
We combine unique data that include all practitioner health diagnoses based on the International Classification of Diseases (ICD-10) collected from all publicly insured individuals in Germany with a sizable cohort specific pension reform to study the causal effect of an increase in the retirement age on health. For the analysis, we use a cohort specific regression discontinuity design. The...
