Vorträge des DIW Berlin

Precautionary and Entrepreneurial Saving: New Evidence from German Households

Various studies have interpreted the positive correlation between income risk and wealth as evidence of significant precautionary savings. However, these high estimates emerged from pooling non-entrepreneurs and entrepreneurs, without controlling for heterogeneity. This article provides evidence for Germany based on representative panel data that includes private wealth balance sheets....

The Effects of Health and Employment Risks on Savings

Studies on precautionary savings (PS) have shown a variety of results which range from high shares of PS in total wealth to little or no PS at all. The plurality of results is probably caused by the many conceptual choices and problems that accompany this analysis. An important problem is to find a reliable measure of permanent income and future economic risks that corresponds to those perceived...

Determinants of Internationalization: Differences Between Service and Manufacturing SMEs

Employment Effects of a Sectoral Minimum Wage: Semiparametric Estimations for Germany

In this paper employment effects of a sectoral minimum wage in the German construction sector are estimated from a single cross-sectional wage distribution using parametric and semi-parametric models. Parametric functional form assumptions seem too restrictive and lead to implausible results. We suggest semi-parametric censored quantile regression models to relax these assumptions and find that...

Erneuerbare Energie: grünes Feigenblatt oder wachstumsorientierte Strategie?: Podium

How Airlines Sidestep EU ETS Auctions

We examine a specific strategy of airlines aiming at minimsing their exposure to allowance auctions under the EU Emission Trading System (EU ETS). Airlines have interest in receiving allowances aplenty and free of charge. An attractive loophole is offered by a poor design element of the benchmark metric used for free allowance allocation by member states. For the entire trading period of eight...

Agreeable Housewives? Women's Noncognitive Skills and Return to Employment after Childbirth

Precautionary and Entrepreneurial Saving: New Evidence from German Households

The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of precautionary wealth in various studies. However, the large estimates emerged from pooling non-entrepreneurs and entrepreneurs without controlling for heterogeneity. This paper provides evidence for Germany based on representative panel data including private wealth balance...

School Tracking and the Intergenerational Transmission of Education in Germany and Italy

Longevity, Life-Cycle Employment and Fiscal Policy

Economists, Psychologists and Happiness: Testing Economic and Psychological Theories with Panel Data from Germany, Britain and Australia

A Natural Experiment on Sick Pay Cuts, Sickness Absence and Labour Costs

Changes in Family Structure and Employment Pattern: Do They Blend with Early Childhood Outcomes?

Measuring Time Use in Surveys: A Novel Validation of Survey Questions through Experience Sampling

Interrelationships among Four Labour Market States, Subjective Life Satisfaction, Personality and Values and Attitudes

Synergies in Socioeconomic and Remote Sensing Data

Interethnic Friendships in Germany

Wealth Inequality and the Relevance of Public Pension Entitlements

A Methodology for the Calculation of the Global Economic Costs of Conflict

Innovative Activity in Renewable Energy Technologies: Empirical Evidence of Knowledge Spillovers

This paper studies technological change in renewable energies, providing empirical evidence on the determinants of innovative activity with a special emphasis on the role of knowledge spillovers. We investigate two major renewable energy technologies - wind and solar - across a panel of 21 OECD countries over the period 1978 to 2004. Spillovers may occur at the national level, either within the...