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The Death Spiral of Coal in the U.S. Will Changes in U.S. Policy Turn the Tide?

The administration of U.S. President Donald Trump has promised to stop the ongoing spiralling down of the U.S. coal industry. We discuss the origins of the decline and assess the effects of policy interventions by the Trump administration. We find that, with fierce competition from natural gas and renewables, a further decrease of coal consumption must be expected by the old and inefficient U.S. coal-fired ...

Job Matching in Connected Regional and Occupational Labour Markets

Job mobility equilibrates disparities in local labour markets and influences the job-matching efficiency. We specify a matching function with regional, occupational and combined regional–occupational spillovers of unemployed and vacancies. To construct these spillovers, we use information on regional proximities and occupational similarities. Based on novel German data on new hires, the unemployed ...

Cohort Differences in Adult-Life Trajectories of Internal and External Control Beliefs: A Tale of More and Better Maintained Internal Control and Fewer External Constraints

Lifespan theory posits that socio-historical contexts shape individual development. Inline with this proposition, cohort differences favoring later-born cohorts have beenwidely documented for cognition and health. However, little is known about historicalchange in how key resources of psychosocial functioning such as control beliefsdevelop in old age. We pooled data from three independent samples: ...

The Peer Composition of Pre-School Settings in England and Early Recorded Attainment among Low-Income Children

Evidence suggests that early education can promote children’s development and narrow attainment gaps between those from lower-income and higher-income families. However, realisation of these potential benefits depends on many factors, feasibly including peer composition. We use national census data for a year-group cohort of children in England in 2011, to answer two questions: how are low-income children ...

Looking for the Missing Rich: Tracing the Top Tail of the Wealth Distribution

We analyse the top tail of the wealth distribution in France, Germany, and Spain using the first and second waves of the Household Finance and Consumption Survey (HFCS). Since top wealth is likely to be under-represented in household surveys, we integrate big fortunes from rich lists, estimate a Pareto distribution, and impute the missing rich. In addition to the Forbes list, we rely on national rich ...

The Effect of Regional Gender-Role Attitudes on Female Labour Supply: A Longitudinal Test Using the BHPS, 1991–2007

Despite considerable variation in gender-role attitudes across contexts and its claimed influence on female labour supply, studies provide little support for a contextual gender-role attitude effect. In this study, we reassess the contextual gender-role attitude effect on female labour supply because earlier studies are hampered by two shortcomings: (a) they are cross-nationally comparative, which ...

Fewer Siblings, More Wealth? Sibship Size and Wealth Attainment

This study examines the association between sibship size and wealth in adulthood. The study draws on resource dilution theory and additionally discusses potentially wealth-enhancing consequences of having siblings. Data from the German Socio-Economic Panel Study (SOEP, N = 3502 individuals) are used to estimate multilevel regression models adjusted for concurrent parental wealth and other important ...

Internet and Politics: Evidence from UK Local Elections and Local Government Policies

We empirically study the effects of broadband internet diffusion on local election outcomes and on local government policies using rich data from the U.K. Our analysis shows that the internet has displaced other media with greater news content (i.e. radio and newspapers), thereby decreasing voter turnout, most notably among less-educated and younger individuals. In turn, we find suggestive evidence ...

The Impact of Competition Policy Enforcement on the Functioning of EU Energy Markets

We investigate the impact of competition policy enforcement on the functioning of European energy markets while accounting for sectoral regulation. For this purpose, we compile a novel dataset on the European Commission's (EC) and EU member states' competition policy decisions in energy markets and combine it with firm- and sector-level data. We find that EC merger policy has a positive and robust ...

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