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Referierte Aufsätze Web of Science
I quantify the perceived changes in hourly wage rates associated with working different hours on the same job for a representative sample of female workers. While part-time working women expect significant hourly wage gains from switching to full-time work - 7% on average - full-time workers expect no effect on current wages when switching to part-time, on average. Perceived pecuniary losses from part-time ...
In:
Labour Economics
80 (2023), 102291, 14 S.
| Annekatrin Schrenker
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Referierte Aufsätze Web of Science
This paper studies market segmentation that arises from the introduction of rent control. When a part of the market remains unregulated, theory predicts an increase of free-market rents due to the misallocation of households to dwellings. To document this mechanism empirically, we study a large-scale policy intervention in the German housing market. We isolate the misallocation mechanism by exploiting ...
In:
Journal of Urban Economics
134 (2023), 103513, 22 S.
| Andreas Mense, Claus Michelsen, Konstantin A. Kholodilin
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Referierte Aufsätze Web of Science
Paid parental leave schemes have been shown to increase women’s employment rates but to decrease their wages in case of extended leave duration. In view of these potential trade-offs, many countries are discussing the optimal design of parental leave policies. We analyze the impact of a major parental leave reform on mothers’ long-term earnings. The 2007 German parental leave reform replaced a means-tested ...
In:
Labour Economics
80 (2023), 102296, 13 S.
| Corinna Frodermann, Katharina Wrohlich, Aline Zucco
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Referierte Aufsätze Web of Science
Using machine learning methods in a quasi-experimental setting, I study the heterogeneous effects of introducing waste prices - unit prices on household unsorted waste disposal - on waste demands and municipal costs. Using a unique panel of Italian municipalities with large variation in prices and observables, I show that waste demands are nonlinear. I find evidence of constant elasticities at low ...
In:
Journal of Environmental Economics and Management
117 (2023), 102755, 18 S.
| Marica Valente
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Referierte Aufsätze Web of Science
We compute participation tax rates across the EU and find that work disincentives inherent in tax–benefit systems largely depend on household composition and the individual’s earner role within the household. We then estimate participation elasticities using an IV group estimator that enables us to investigate the responsiveness of individuals to work incentives. We contribute to the literature on ...
In:
International Tax and Public Finance
30 (2023), S. 167–214
| Charlotte Bartels, Cortnie Shupe
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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
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
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
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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