Vorträge des DIW Berlin

Sovereign Risk, Interbank Freezes, and Aggregate Fluctuations

This paper studies the bank-sovereign link in a dynamic stochastic general equilibrium set-up with strategic default on public debt. Heterogeneous banks give rise to an interbank market where government bonds are used as collateral. A default penalty arises from a breakdown of interbank intermediation that induces a credit crunch. Government borrowing under limited commitment is costly ex ante as...

Armut und Deprivation älterer Menschen: ein mehrdimensionaler Ansatz unter Einbeziehung sozialer Beziehung als Armutsdimension

Sozioökonomie und frühkindliche Entwicklung - was hat das eine mit dem anderen zu tun?

Deterrence in EU Merger Policy

Sovereign Risk, Interbank Freezes, and Aggregate Fluctuations

This paper studies the bank-sovereign link in a dynamic stochastic general equilibrium set-up with strategic default on public debt. Heterogeneous banks give rise to an interbank market where government bonds are used as collateral. A default penalty arises from a breakdown of interbank intermediation that induces a credit crunch. Government borrowing under limited commitment is costly ex ante as...

Family Pension Benefits and Maternal Employment: Evidence from Germany

Child-raising pension benefits in Germany are designed as a compensation for maternal employment interruptions due to child-birth. In comparison to most other family benefits, child-raising pension benefits are accumulated upon child birth but become effective only on the verge of retirement. Hence, the extent to which child-raising pension benefits are determinants of the maternal employment...

Energie- und Industriepolitik: Rondtable

Impulse für die Zukunft: Themen der Sozialinitiative zur Diskussion gestellt: Impulsreferat zum Thema Generationengerechtigkeit

The Welfare Impact of Parallel Imports: A Structural Approach Applied to the German Market for Oral Antidiabetics

Sample Selection and Quantile Regression: An Application to Wages in Germany

The Freedom of Others: On Behavioral Responses to a "General Amnesty" in the German Democratic Republic (East Germany)

Is It the Family or the Neighborhood? A Comparison of Family and Neighborhood Effects in Youth Education and Health

The Impact of Education on Personality: Evidence from a German High School Reform

Natural Disaster, Policy Action, and Mental Well-Being: The Case of Fukushima

We study the impact of the Fukushima disaster on people's mental well-being in another industrialized country, more than 5000 miles distant. The meltdown significantly increased environmental concerns by 20% among the German population. Subsequent drastic policy action permanently shut down the oldest nuclear reactors, implemented the phase-out of the remaining ones, and proclaimed the transition...

The Short-Run Costs of Moving: Internal Migration and Consumption Growth in Indonesia

Adverse Effects of Increased Education Efficiency? The Impact of Shortening High School Tenure on Grade Repetitions

Low-Skilled Labor Migration in Tajikistan: Determinants and Effects on Expenditure Patterns

The Impact of Extreme Weather Events on Child Health: Evidence from Mongolia

Locus of Control and Low-Wage Mobility

We investigate whether non-cognitive skills - in particular Locus of Control - are important determinants of the labour market processes at the low-wage margin. Based . - on data from the German Socio-Economic Panel, we estimate dynamic multinomial logit models with random effects and investigate whether Locus of Control . - influences the probability of being higher-paid or low-paid as well as...

Social Norms or Income Taxation - What Drives Couple's Labor Supply? Experimental Evidence