Vorträge des DIW Berlin

Integrating Intermittent Renewable Wind Generation: Insights from a Stochastic Electricity Market Model

Integrierte Szenarien der Raumentwicklung in Deutschland: welche Trends sind entwicklungsprägend?

Intangibles, Can They Explain the Dispersion in Return Rates?

Das Branchengefüge der deutschen Wirtschaft in den 30er Jahren: Ergebnisse einer Input-Output-Tabelle für 1936

Dezentralisierung der Energieversorgung: Sozial ökonomisch?: Podiumsdiskussion

Current Account Imbalances in the Euro Area: Does Catching up Explain the Development?

Macroeconomic Developments in Germany and the World Economy

Productivity in German Manufacturing Firms: Does Fixed-Term Employment Matter?

Impulsvortrag

Trade and the Environment: The Role of Firm Heterogeneity

This paper derives a new effect of trade liberalisation on the quality of the environment. We show that in the presence of heterogeneous firms the aggregate volume of emissions is influenced not only by the long-established scale effect, but also by a reallocation effect resulting from an increase in the relative size of more productive firms. We show how the relative importance of these effects,...

Macroeconomic Developments in Germany and the World Economy

Top down or Bottom Up? A Cross-National Study of Vertical Occupational Sex Segregation in Twelve European Countries

Familienbiographische Verläufe im Kohortenvergleich

Alter und Ungleichheit: Zukunft der Geschlechterdifferenzen in der Alterssicherung

Disentangling Demand and Supply Shocks in the Crude Oil Market: How to Check Sign Restrictions in Structural VARs

Given the growing dissatisfaction with exclusion and long-run restrictions in structural vector autoregressive analysis, sign restrictions are becoming increasingly popular. So far there are no techniques for validating the shocks identified via such restrictions. Although in an ideal setting the sign restrictions specify shocks of interest, sign restrictions may be invalidated by measurement...

Die wirtschaftlichen Chancen einer klugen Energiewende

The Intergenerational Transmission of Cognitive and Non-cognitive Skills during Adolescence and Young Adulthood

This study examines cognitive and non-cognitive skills and their transmission from parents to children as one potential candidate to explain the intergenerational link of socio-economic status. Using representative data from the German Socio-Economic Panel Study, we contrast the impact of parental cognitive abilities (fluid intelligence, crystallized intelligence) and personality traits (Big Five,...

The Forward Premium Puzzle and Latent Factors Day by Day

Futures instead of forwards are used to study the complete maturity spectrum of the correlations between the spot returns and premium from two days up to six months. The correlation decreases with increasing maturity. We hypothesize this maturity effect is part of a latent factor. Futures data allow us to control for the influence of an unobserved factor that can be decomposed into this time-to...

The Impact of Introducing an Interest Barrier: Evidence from the German Corporation Tax Reform 2008

In this study we investigate the impact of the thin capitalization rule (TCR), introduced in Germany in 2008, on firms' capital structure, investment and profitability. The identification of the causal effects is based on the escape clauses in the regulation using a difference-in-difference approach. Our results present evidence that firms strongly react in order to avoid the limited deductibility...

Do Parties Matter? Estimating the Effect of Political Power in Multi-party Systems

This paper estimates the effect of political power on tax policies in municipal councils under a proportional election system. The main challenge in estimating the causal effect of parties on policy is to isolate the effect of power from underlying voter preferences and the selection effect of parties. We use an instrumental variable approach where close elections provide the exogenous variation...