Vorträge des DIW Berlin

Adverse Effects of Increased Education Efficiency? The Impact of Shortening High School Tenure on Graduation Age, Grade Repetitions and Graduation Rates

Door Opener or Waste of Time? The Effects of Internships on Labor Market Outcomes

Auctioning Sensitive Personal Data

Splitting Spells in Very Large or Daily Data Sets

We have written two Stata programs (do-files) dealing with spell data. The first program, splitspells, splits spell data in such a way that every split spell within the same case is either parallel or unique (in respect to the time period covered by the spells). This could be done by splitting each spell in single time-unit splits, a method that is not recommended - or evenfeasible - for large...

Welfare State Transformation and the Role of Risk Attitudes in Life Course Transitions

Ex-Post Merger Evaluation in the UK Retail Market for Books

Differences in the Patterns of Inwork Poverty in Germany and the UK

Zahlungsbereitschaft für Verkehrssicherheit: Methoden und Anwendung in ausgewählten Ländern

Bayesian Inference on Spatial Weights

Moderation

The Greener, the Happier? The Effects of Urban Green and Abandoned Areas on Residential Well-Being

Discussion of "A Cross-Country Analysis of Bank Bankruptcy Regimes" by M. Marinc and V. Rant

Granularity in Banking and Growth: Does Financial Openness Matter?

We explore the importance of the presence of large banks and of financial openness for aggregate growth. Large banks matter because of granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank-level do not cancel out in the aggregate but can affect macroeconomic outcomes. Because financial openness may affect size concentration,...

Stock Investments for Old-Age

Returns merely based on one purchasing price of an asset are uninformative for people regularly contributing to their old-age provision. Here, each purchase has an influence on the outcome. Still, they are commonly used in finance literature, giving an overly optimistic view of expected long-term stock market returns and risks. Moreover, around business cycle turning points when volatility is high...

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...

The Effects of Disintegrated Distribution

Das Managerinnen-Barometer des DIW Berlin

Zukunft des Wachstums

Sowing the Wind and Reaping the Whirlwind? The Effect of Wind Turbines on Residential Well-Being

FTR Allocations to Ease Transition to Nodal Pricing: An Application to the German Power System