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Personality Characteristics and the Decision to Hire

As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important to understand whether the personality of entrepreneurs drives the first hiring in their firms. Using the German Socio-Economic Panel (SOEP), we analyze to what extent personality traits influence the probability of becoming an employer. The results indicate that personality matters. ...

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Who Teaches the Teachers? A RCT of Peer-To-Peer Observation and Feedback in 181 Schools

This paper evaluates a widely used, low stakes, teacher peer-to-peer observation and feedback program under Randomized Control Trial (RCT) conditions. Half of 181 volunteer primary schools in England were randomly selected to participate in a two-year program in which three fourth and fifth grade teachers observed each other. We find that two cohorts of students taught by treated teachers perform no ...

Exposure to Inequality May Cause Under-provision of Public Goods: Experimental Evidence

Economic inequality is rising globally and due to developments in information technologies and globalization, nowadays individuals are more exposed to such an inequality than ever. Recent studies show that exposure to inequality may shape economic decisions. In this article, we test whether contributions in the public goods game are sensitive to information about inequality of personal benefits between ...

Gemeinschaftsdiagnose Herbst 2021: Krise wird allmählich überwunden – Handeln an geringerem Wachstum ausrichten

Pressemitteilung der Projektgruppe Gemeinschaftsdiagnose: Deutsches Institut für Wirtschaftsforschung (DIW Berlin), Leibniz-Institut für Wirtschaftsforschung Halle, ifo Institut - Leibniz-Institut für Wirtschaftsforschung an der Universität München in Kooperation mit der Konjunkturforschungsstelle der ETH Zürich (KOF), Institut für Weltwirtschaft Kiel (IfW Kiel), ...

Joint Economic Forecast: Crisis is gradually being overcome – align actions to lower growth

The Corona pandemic still shapes the economic situation in Germany. A complete normalisation of contact-intensive activities is not to be ex­pected in the short term. In addition, supply bottlenecks are ham­pering manufacturing for the time being. The German economy will reach nor­mal capacity utilisation in the course of 2022. In their autumn report, the leading economic research institutes ...

Wie kann der klimagerechte Umbau der Wirtschaft in Deutschland und Europa gelingen?

Der Ruf nach härteren Vorschriften seitens der Politik wird deutlich lauter: Im Vorfeld der UN-Klimakonferenz COP26 in Glasgow sollte dies die neue Bundesregierung ermutigen, den klimagerechten Umbau der Wirtschaft erheblich schneller als bisher voranzubringen. Die zentrale Aufgabe der Europäische Investitionsbank dabei ist die Finanzierung von Projekten mit dem Fokus auf saubere...

Only Strict Coronavirus Regulations for Vacationers Affect Passenger Air Traffic between Germany and Mallorca

Mallorca is the most popular foreign travel destination for German tourists, with almost five million flying to the Balearic island every year. However, the coronavirus pandemic brought passenger air traffic to a virtual standstill in March 2020. Flights to Mallorca resumed in June 2020, but the seat offerings were only between ten and 86 percent of the 2019 level depending on the week. This Weekly ...

Harte Restriktionen scheinen die wirksamste Maßnahme zu sein, um in einer Pandemie den Flugverkehr zu beschränken: Interview with Jo Seldeslachts

Financial Education Measures Are Effective: Germany Should Develop a National Strategy for Financial Education

The OECD recommends its member countries implement national strategies for financial education. Many other countries, such as China and India, also have such strategies, whereas Germany does not. The strongest reason for rejecting such a strategy is the supposition that financial education interventions are ineffective. Using all available randomized experimental studies, this study investigates and ...