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PRODID:https://www.diw.de/de/diw_01.c.806339.de/veranstaltungen.html
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UID:diw_01.c.870477.en
LOCATION:Karl Popper Room,DIW Berlin,2.3.020,Anton-Wilhelm-Amo-Strasse 58,10117 Berlin
SUMMARY:The Economic Determinants of Bitterness – Evidence from Plant Closures in Germany
DESCRIPTION:12:30-13:30 // -- joint with Panu Poutvaara and Max Steinhardt  This study analyzes the determinants of bitterness, which describes a feeling of not having achieved what one deserves compared to others. First, we perform pooled OLS and fixed effects regressions, showing that bitterness is associated with various economic and non-economic factors, whereby the effect of unemployment stands out. Therefore, in the second step, we identify the causal effect of unemployment on bitterness by exploiting exogenous variation from plant closures. Combining matching based on entropy balancing with difference-in-differences estimation, we show that unemployment leads to a substantial and significant increase in bitterness.
DTSTART:20230419T103000Z
DTEND:20230419T113000Z
DTSTAMP:20230417T220000Z
URL:https://www.diw.de/en/diw_01.c.870477.en/events/the_economic_determinants_of_bitterness_____evidence_from_plant_closures_in_germany.html
ORGANIZER;CN=Viola Hilbert:mailto:vhilbert@diw.de
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