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SOEPcampus@DIW Berlin: Präsenzworkshop am 8./9. Februar 2024

Am 8. und 9. Februar 2024 organisieren wir einen zweitägigen Präsenz-Workshop zum Sozio-oekonomischen Panel (SOEP) am DIW Berlin. Der Workshop wird in deutscher Sprache abgehalten und neben Vorträgen zur Datenstruktur, zum Stichprobendesign und zur Gewichtungsstrategie werden auch praktische Übungen angeboten, um einen praxisorientierten Zugang zu den SOEP-Daten und ein Verständnis für deren Potenzial ...

Access to Digital Finance: Equity Crowdfunding across Countries and Platforms

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 ...

The Internationalisation of R&D: Past, Present and Future

In this perspective paper we discuss major trends that will shape the internationalisation of business R&D in the future. New scientific discoveries will provide new opportunities to innovate; the growing scientific capabilities in emerging economies will create new hot spots for relevant knowledge; new research activities will emerge from the need to combat climate change; digital technologies including ...

The Long-Term Effects of Measles Vaccination on Earnings and Employment: A Replication Study of Atwood (American Economic Journal: Economic Policy, 2022)

Atwood analyzes the effects of the 1963 U.S. measles vaccination on long-run labor market out-comes, using a generalized difference-in-differences approach. We reproduce the results of this paper and perform a battery of robustness checks. Overall, we confirm that the measles vaccination had positive labor market effects. While the negative effect on the likelihood of living in povertyand the positive ...

Climate Change and Monetary Policy: Risks, Instruments, and Chances: In-Depth Analysis ; Requested by the ECON Committee

Rising inflation complicates the alignment of the ECB’s policies with the Paris Agreement. This paper provides novel evidence for inflationary pressures arising from natural disasters. We then discuss the effectiveness of monetary instruments to boost a green transition, concluding that the scope of policy measures used thus far is limited. As additional measures, we advise active rebalancing of the ...

Routes to the Top

Who makes it to the top? We use the leading, socio-economic survey in Germany supplemented by extensive data on the rich to answer this question. We identify the key predictors for belonging to the top 1 percent of income, wealth, and both distributions jointly. Although we consider many, only a few traits matter: Entrepreneurship and self-employment in conjunction with a sizable inheritance of company ...

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Who Is AI Replacing? The Impact of Generative AI on Online Freelancing Platforms

This paper studies the impact of generative AI technology on the demand for online freelancers using a large dataset from a leading global freelancing platform. We focus on how the release of generative AI tools affects various freelance jobs that require different skills or software. Our findings indicate a 21 percent decrease following the ChatGPT introduction in the number of job posts for...

Wage Markups and Buyer Power in Intermediate Input Markets

How are market imperfections in different input markets related? I show theoretically that the extent of buyer power in intermediate input markets determines both wages and wages relative to the marginal revenue contribution of employees if collective bargaining characterizes labor markets. This relationship is examined empirically using data on the universe of Dutch manufacturing firms from 2007...

The Non-linear Impact of Risk Tolerance on Entrepreneurial Profit and Business Survival

Entrepreneurs tend to be risk tolerant but is more risk tolerance always better? In a sample of about 2,100 small businesses, we find an inverted U-shaped relation between risk tolerance and profitability. This relationship holds in a simple bilateral regression and also when we control for a large set of individual and business characteristics. Apparently, one major transmission goes from risk tolerance ...