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Do Rent Controls and Other Tenancy Regulations Affect New Construction? Some Answers from Long-Run Historical Evidence

Foreign Exchange Intervention: A New Database

We construct a novel database of monthly foreign exchange interventions for 49 countries over up to 22 years. We build on a text classification approach that extracts information about interventions from news articles and calibrate our procedure to data about actual interventions. This new dataset allows us to document stylized facts about the use of foreign exchange interventions for countries that ...

Does Your Smartphone “Know” Your Social Life? A Methodological Comparison of Day Reconstruction, Experience Sampling, and Mobile Sensing

Mobile sensing is a promising method that allows researchers to directly observe human social behavior in daily life using people's mobile phones. To date, limited knowledge exists on how well mobile sensing can assess the quantity and quality of social interactions. We therefore examined the agreement among experience sampling, day reconstruction, and mobile sensing in the assessment of multiple aspects ...

Pandemic Depression: COVID-19 and the Mental Health of the Self-Employed

We investigate the effect of the COVID-19 pandemic on self-employed people’s mental health. Using representative longitudinal survey data from Germany, we reveal differential effects by gender: whereas self-employed women experienced a substantial deterioration in their mental health, self-employed men displayed no significant changes up to early 2021. Financial losses are important in explaining these ...

Inequality over the Business Cycle: The Role of Distributive Shocks

This paper examines how wealth and income inequality dynamics are related to fluctuations in the functional income distribution over the business cycle. In a panel estimation for OECD countries between 1970 and 2016, although inequality is, on average countercyclical and significantly associated with the capital share, one-third of the countries display a pro- or noncyclical relationship. To analyze ...

Recent Methodological Advances in Panel Data Collection, Analysis, and Application: [Editorial]

Panel studies have become an indispensable part of today's research world especially when addressing causal questions and tracking changes over time. Three conditions are essential for effective panel data analysis: 1) having a sufficiently long time series with a substantial number of observations, 2) ensuring measurement consistency over time, and 3) using a meaningful model for selecting elements ...

Experimental Evidence on Panel Conditioning Effects when Increasing the Surveying Frequency in a Probability-Based Online Panel

We investigate panel conditioning effects in a long-running probability-based online panel of the general population through a large-scale experiment conducted in 2020. Our experiment was specifically designed to study the effect of intensifying the surveying frequency for the treatment group (N = 5,598 panel members) during a 16-week corona study while keeping the control group (N = 799 panel members) ...

Technological Relatedness and Industrial Transformation: Introduction to the Special Issue

This article introduces eleven research articles that connect concepts of technological relatedness and diffusion with the transformation of industrial and innovation systems. These studies focus on the role of knowledge spillovers, regional variations in innovation and performance, and the evolution of new technologies, such as green and digital technologies. Regional capabilities and ability to diversify ...

Sin Taxes and Self-Control

According to theory, "sin taxes" are welfare improving if consumers with low self-control respond at least as much to the tax as consumers with high self-control. We investigate empirically if demand response to soft drink and fat tax variations in Denmark depends on consumers' self-control. We use a unique home-scan panel that includes a survey measure of self-control. When taxes increase, consumers ...

Big Five Personality and Religiosity: Bidirectional Cross-Lagged Effects and Their Moderation by Culture

Objective: Personality has long been assumed to be a cause of religiosity, not a consequence. Yet, recent research suggests that religiosity may well cause personality change. Consequently, longitudinal research is required that examines the bi-directionality between personality and religiosity. The required research must also attend to cultural religiosity—a critical moderator in previous cross-sectional ...