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Referierte Aufsätze Web of Science
This paper examines the effects of a unilateral reform of a redistributive tax-transfer system in an open economy. Compared to autarky, a tax increase leads to a smaller decline in aggregate income in the open economy, and it is also more effective at reducing income inequality, provided the tax rates are sufficiently low. Aggregating effects on income and income inequality using an Atkinson social ...
In:
Journal of International Economics
145 (2023), 103829, 22 S.
| Miriam Kohl, Philipp M. Richter
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Referierte Aufsätze Web of Science
The financial sector plays a crucial role in society. Consequently, prior research has examined the preferences of professionals working in finance. However, these studies have tended to be cross-sectional and have neglected the dynamic roles played by (self-)selection and socialization. This paper uses longitudinal data from Germany to examine how individuals’ financial risk preferences affect their ...
In:
Journal of Behavioral and Experimental Economics
106 (2023), 102071, 12 S.
| Max Deter, André van Hoorn
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Referierte Aufsätze Web of Science
Predicting future costs of technologies not yet developed is a complex exercise that includes many uncertain parameters and functional forms. In that context, small modular reactor (SMR) concepts that are in a rather early development stage claim to have cost advantages through learning effects, standardized design, modularization, co-siting economies, and other factors, such as better time-to-market ...
In:
Energy
281 (2023), 128204, 17 S.
| Björn Steigerwald, Jens Weibezahn, Martin Slowik, Christian von Hirschhausen
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Referierte Aufsätze Web of Science
Studies of the crude oil market based on structural vector autoregressive (VAR) models typically assume a time-invariant model and transmission of shocks and possibly allow for heteroskedasticity by using robust inference procedures. We assume a heteroskedastic reduced-form VAR model with time-invariant slope coefficients and explicitly consider the possibility of time-varying shock transmission due ...
In:
Economics Letters
233 (2023), 111416, 5 S.
| Martin Bruns, Helmut Lütkepohl
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Referierte Aufsätze Web of Science
This study provides the first evidence of the subjective well-being impacts of low emission zones (LEZs) while also undertaking a comprehensive analysis of their air quality effects. We identify causal impacts by exploiting the zones’ introduction date with difference-in-differences designs robust to staggered implementations and time-varying treatment effects. Results show air quality improvements ...
In:
Journal of Public Economics
227 (2023), 105014, 23 S.
| Luis Sarmiento, Nicole Wägner, Aleksandar Zaklan
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Referierte Aufsätze Web of Science
We show that the first nationwide mass vaccination campaign against measles increased educational attainment in the United States. Our empirical strategy exploits variation in exposure to the childhood disease across states right before the Measles Eradication Campaign of 1967–68, which reduced reported measles incidence by 90 percent within two years. Our results suggest that mass vaccination against ...
In:
Journal of Health Economics
92 (2023), 102828, 21 S.
| Philipp Barteska, Sonja Dobkowitz, Maarit Olkkola, Michael Rieser
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Referierte Aufsätze Web of Science
This study constructs a comprehensive wealth distribution for Germany to inform debate in Germany and internationally on the distribution of wealth including pension entitlements. We estimate the net present value of pension wealth in Germany in 2012 and 2017 using Socio-Economic Panel (SOEP) data. When including pension wealth, German households’ wealth-income ratio increases from 570% to 850% in ...
In:
Economics Letters
231 (2023), 111299, 5 S.
| Charlotte Bartels, Timm Bönke, Rick Glaubitz, Markus M. Grabka, Carsten Schröder
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Referierte Aufsätze Web of Science
Objective: To evaluate the socioeconomic patterns of SARS-CoV-2 antigen contacts through infection, vaccination or both (“hybrid immunity”) after 1 year of vaccination campaign.Methods: Data were derived from the German seroepidemiological Corona Monitoring Nationwide study (RKI-SOEP-2; n = 10,448; November 2021–February 2022). Combining serological and self-report data, we estimated adjusted prevalence ...
In:
International Journal of Public Health
68 (2023), 1606152, 9 S.
| Susanne Bartig, Florian Beese, Benjamin Wachtler, Markus M. Grabka, Elisabetta Mercuri, Lorenz Schmid, Nora Katharina Schmid-Küpke, Madlen Schranz, Laura Goßner, Wenke Niehues, Sabine Zinn, Christina Poethko-Müller, Lars Schaade, Claudia Hövener, Antje Gößwald, Jens Hoebel
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Referierte Aufsätze Web of Science
The future of coal remains contested in many countries, hindering necessary energy transitions. Collaborative governance approaches, such as stakeholder commissions, have been proposed as potential solution to resolve such societal conflicts. In Germany, a stakeholder commission process managed to overcome the existing stalemate situation, leading to the adoption of a coal phase-out by 2038. Celebrated ...
In:
Energy Research & Social Science
103 (2023), 103203, 16 S.
| Christian Hauenstein, Isabell Braunger, Alexandra Krumm, Pao-Yu Oei
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Referierte Aufsätze Web of Science
In this paper, we analyze if an increase in the working life leads to more human capital investment via on-the-job training. We obtain RDD-estimates from a sharp date-of-birth cut-off, generated by a pension reform that increased the Early Retirement Age (ERA) by three years for many women in Germany. In our preferred specification, we find that this reform causally increased on-the-job training by ...
In:
Labour Economics
83 (2023), 102396, 13 S.
| Terese Backhaus, Clara Schäper, Annekatrin Schrenker