SOEPpapers 1165 / 2022
After the end of World War II in 1945, millions of refugees arrived in what in 1949 became the Federal Republic of Germany. We examine their eﬀect on today’s productivity, wages, income, rents, education, and population density at the municipality level. Our identiﬁcation strategy is based on a spatial discontinuity in refugee settlement at the border between the French and US occupation zones in ...
2022| Antonio Ciccone, Jan Nimczik
Zeitungs- und Blogbeiträge
| Marcel Fratzscher
Vierteljahrshefte zur Wirtschaftsforschung 3 / 2022
Der russisch-ukrainische Krieg verstärkt die Belastung der Wälder. Internationale Sanktionen treffen Exporte aus Russland und Weißrussland, und der Krieg beeinträchtigt die Holzwirtschaft in der Ukraine stark. Diese drei Länder machten im Jahr 2021 zusammen ein Viertel des weltweiten Holzhandels aus, und Russland war der weltweit größte Exporteur von Nadelholz. Der Krieg erhöht die Abhängigkeit der ...
2022| Hans Lööf, Andreas Stephan
Referierte Aufsätze Web of Science
We investigate the impact of demographic changes on local public services taking the case of water service. We apply a structural production function approach to a large panel of German water utilities between 2003 and 2014. Exploring variation of population density and the population age structure across service areas and over time, we provide evidence that demographics and their changes significantly ...
79 (2022), 101435, 17 S.
| Astrid Cullmann, Caroline Stiel
Diskussionspapiere 2019 / 2022
This paper explores the effect of a firm’s reputation of being a green bond issuer on its financing costs. Using a sample of 73 listed Swedish real estate companies issuing in total about 1500 bonds over the period from 2011 till 2021, difference-in-difference analyses and instrumental variable estimations are applied to identify the causal impact of frequent green vis-à-vis frequent non-green bond ...
2022| Aleksandar Petreski, Dorothea Schäfer, Andreas Stephan
SOEPpapers 1168 / 2022
This paper provides one of the first tests of adaptation to the complete set of residential transitions. We use long-run SOEP panel data and consider the impact of all housing transitions, whether or not they involve a change in housing tenure or geographical movement, on both life satisfaction and housing satisfaction. Controlling for individual characteristics, some residential transitions affect ...
2022| Andrew E. Clark, Luis Diaz-Serrano
Diskussionspapiere 2008 / 2022
This study investigates the effects of short-lived rent control regulations introduced in Catalonia in September 2020 and revoked in March 2022. Using the microdata of the largest Spanish housing advertisement portal idealista between January 2017 and May 2022, we analyze the dynamics of prices and supply for dwellings offered for rent and for sale. We also examine separately the rental and sales markets. ...
2022| Konstantin A. Kholodilin, Fernando A. López, David Rey Blanco, Pelayo González Arbués
Diskussionspapiere 1999 / 2022
In 2020, Berlin introduced a rigorous rent-control policy responding to soaring rents by setting a cap on rental prices: the Mietendeckel (rent freeze). The policy was revoked one year later by the German Constitutional Court. Although successful in reducing rents during its duration, the consequences for Berlin’s rental market and adjacent municipalities are not clear. In this paper we evaluate the ...
2022| Anja M. Hahn, Konstantin A. Kholodilin, Soﬁe R. Waltl, Marco Fongoni
Diskussionspapiere 1994 / 2022
This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six hypothesis about the incidence, formation, and relevance of price expectations. To do so, we use data from a tailored household survey, past sale and rental offerings, satellites, and from an information RCT. As novel findings, we show that price expectations exhibit mean reversion in the ...
2022| Niklas Gohl, Peter Haan, Claus Michelsen, Felix Weinhardt
Referierte Aufsätze Web of Science
Introduction: Control beliefs can protect against age-related declines in functioning. It is unclear whether neighborhood characteristics shape how much control people perceive over their life. This article studies associations of neighborhood characteristics with control beliefs of residents of a diverse metropolitan area (Berlin, Germany). Methods: We combine self-report data about perceptions of ...
68 (2022), 2,S. 214–223
| Johanna Drewelies, Peter Eibich, Sandra Düzel, Simone Kühn, Christian Krekel, Jan Goebel, Jens Kolbe, Ilja Demuth, Ulman Lindenberger, Gert G. Wagner, Denis Gerstorf