Mietpreisbremse. Die Regulierung der Mietpreise, etwa über eine Bremse, ist nicht nur in Deutschland ein Politikum. Der Wissenschaftler Konstantin Kholodilin forscht zum Thema beim Deutschen Institut für Wirtschaftsforschung (DIW) in Berlin mit dem Ziel, Effekte zu messen. Eine Erkenntnis: Regulierung wirkt, aber oft anders, als befürchtet oder erhofft. Dieses Interview mit Konstantin Kholodilin ...
While the existing evidence on added worker effects is mixed, most studies find no or only small effects. However, studies to date have mostly analyzed individuals’ actual labor supply responses to their partners’ job loss, neglecting to consider a potential mismatch between desired and actual labor supply adjustments. Using data from the German Socio-Economic Panel (SOEP), we study individuals’ changes ...
A central assumption for identifying structural shocks in vector autoregressive (VAR) models via heteroskedasticity is the time-invariance of the impact effects of the shocks. It is shown how that assumption can be tested when long-run restrictions are available for identifying structural shocks. The importance of performing such tests is illustrated by investigating the impact of fundamental shocks ...
This paper assesses the role of the housing market in the transmission of monetary policy across euro area regions. By exploiting a novel regional dataset on housing-related variables, a structural panel VAR analysis shows that conventional and unconventional monetary policy shocks propagate effectively to the economy, particularly to the housing sector, albeit in a heterogeneous fashion across regions. ...
