For the design of pension reform it is crucial to disentangle the employment effects related to the substitution and the income effect. In this paper we provide causal evidence about the importance of the income effect which in general has been assumed to be small or non-existent. We exploit a pension reform in Germany that raised pension benefits related to children. For...
The Corona pandemic has had a decisive impact on the year 2020 and an unprecedented (negative) impact on society and the economy. At the core of this simulation study is therefore the question of how the Corona pandemic has affected income levels and social inequality in Germany, and to what extent automatic stabilizers of the social security system and additional financial...
We study a game in which two firms compete in quality to serve a market consisting of consumers with different initial consideration sets. If both firms invest below a certain threshold, they only compete for those consumers already aware of their existence. Above this threshold, a firm is visible to all and the highest investment attracts all consumers. On the one hand, the existence of initially ...
The German Institute for Economic Research (DIW Berlin), the German Center for Higher Education Research and Science Studies (DZHW), the Leibniz Education Research Network (LERN), and the College for Interdisciplinary Educational Research (CIDER) are delighted to invite you to the CIDER-LERN Conference 2021. The conference will bring together scholars from various disciplines to discuss findings as ...
Although there is strong support for renewable energy plants, they are often met with local resistance. We quantify the externalities of renewable energy plants using well-being data. We focus on the example of biogas, one of the most frequently deployed technologies besides wind and solar. To this end, we combine longitudinal household data with novel panel data on more than 13, 000 installations ...
Die Coronakrise verursacht hohe Kosten für Unternehmen und Verbraucher. Nur wer Häuser und Wohnungen besitzt, kommt bisher glänzend weg. Das sollte so nicht bleiben. Dieser Beitrag ist am 23. Januar 2021 als Gastbeitrag auf Spiegel Online erschienen. Gut 100 Jahre ist es her, dass das industrialisierte Deutschland seine erste große wirtschaftliche Krise erlebte. Auf die Kriegsjahre ...
