Vorträge des DIW Berlin

Structural Vector Autoregressions: Checking Identifying Long-run Restrictions via Heteroskedasticity

Stock Investments for Old-Age: Less Return, More Risk, and Unexpected Timing

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...

The German Start-up Subsidy Programmes

Confidence Bands for Impulse Responses: Bonferroni versus Wald

Family Pension Benefits and Maternal Employment: Evidence from Germany

Optimal Infrastructure Investments for Renewable Energy Integration in Germany

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...

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

In designing education systems, policy-makers face a trade-off between the provision of higher levels of schooling and earlier labour market entries. A fundamental education reform in Germany tackles this trade-off by increasing education efficiency: The time in high school is reduced by one year while the total number of instruction hours is left unchanged. Employing administrative data on all...

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

Modelling Strategic Behaviour in Global Energy Markets

A Transfer Mechanism as a Stabilization Tool in the EMU

Target2 and the Mechanics behind the Euro Area Balance of Payments Crisis

Financial Development and Employment: Evidence from Transition Countries

Technical Change in German Electricity Generation

Investitionen, Wachstum, Beschäftigung: wie können wir die deutsche Binnenkonjunktur stärken?

Wie geht es weiter mit der Riesterrente? Fortentwicklung oder Neuorientierung?: Plenum Abschlussveranstaltung

Moderne Industriepolitik: Aufgaben, Ziele, Herausforderungen

Investitionen und Innovationen für Nachhaltigkeit: Impulsstatement und Diskussion

Early Retirement Disincentives: Effectiveness and Implications for Distribution and Welfare

Solo-Selbständige: Struktur und Entwicklung - sowie ein Blick auf die Einkommen