The tremendous growth of digital transactions has profoundly affected the way we interact, opening vast opportunities to improve our lives. Consumers have benefited from an unprecedented proliferation of new services and products that previously were simply too costly to be developed and marketed to customers. These digital interactions create vast amounts of data. While firms are already using...
I posit that hourly changes in air pollution affect criminality through two distinct pathways, via physiological effects on the criminal and by changes in the tightness of the market for criminal activities. To disentangle individual from market effects, I develop a behavioral model of the individual decision to transgress and a model of search-and-matching frictions between criminals and crime opportunities. ...
In an urban economy, the distribution of people and real estate prices depends on the location of the central business district of a city. As distance from the city center increases, both prices and population density diminish, for travel costs increase in terms of time and money. As manufacturing gradually leaves the cities, the importance of consumer amenities as attractors of population to the urban ...
This paper analyzes the impact of women's retirement on their informal care provision. Using SOEP data, we address fundamental endogeneity problems by exploiting variation in the German pension system in two complementary ways. We find a significant effect of retirement on informal care provision, when using early retirement age thresholds as instruments. Heterogeneity analyses confirm the underlying ...
The physical destructions, expropriations, resettlements, and interruptions of international trade during Second World War caused a sharp reduction of wealth levels and inequality in many countries (Piketty, 2014). In Germany, an estimated 20 percent of the West German housing stock was destroyed. This paper assesses whether the effects of this destruction are measurable in the...
This study assessed change in self-reported Big Five personality traits. We conducted a coordinated inte-grative data analysis using data from 16 longitudinal samples, comprising a total sample of over 60 000 participants.We coordinated models across multiple datasets and fit identical multi-level growth models to assess and compare theextent of trait change over time. Quadratic change was assessed ...
Das Deutsche Institut für Wirtschaftsforschung (DIW Berlin) gehört für vier weitere Jahre zum Kreis der Institute, die im Auftrag der Bundesregierung die sogenannte Gemeinschaftsdiagnose erstellen. Die entsprechende Bewerbung für die zweimal im Jahr erscheinende Konjunkturprognose führender Wirtschaftsforschungsinstitute war erfolgreich, wie das Bundeswirtschaftsministerium ...