Jakob Miethe, who works at the International Economics department, has successfully defended his dissertation at the Humboldt-Universität zu Berlin.The dissertation with the title "Offshore Finance and the Economics of Regulation and Reform" was
In recent years, the global community has promoted several initiatives aimed at breaking bank secrecy in tax havens. Such treaties for the exchange of information among tax offices can be effective. A treaty between country A and tax haven B reduces
German Institute for Economic Research: No reason for exaggerated concern about an economic slowdown
Euro area states can benefit from an interest rate increase in the U.S. in the short term, according to the findings of a current study by the ...
Central banks frequently intervene in foreign exchange markets. Using recognized criteria this report analyzes the probability of success in a data set of 4,500 intervention episodes in 33 countries. It is important to differentiate among exchange ..
For social and economic reasons, national economies benefit from the inclusion of as many people as possible in financial services. In a cross country study, the present study shows that financial literacy for the general population promotes ...
Is it common for central banks to intervene in foreign exchange markets in order to influence exchange rates? And if so, is it effective? From a German perspective, these questions seem surprising, since the European Central Bank (ECB) does not ...
Mr. Menkhoff, foreign exchange market interventions (FX interventions) can be used to influence international exchange rates. Where and how frequently are FX interventions implemented?
At present, these interventions take place predominantly in ...
DIW Berlin examined the causes for the gender gap in financial literacy in several countries – Cultural factors play a key role in addition to income, education, and experience – Better financial literacy would mean more financial ...
In most countries, women have a lower level of financial literacy than men on average. This report demonstrates that differences in income and education and less experience in financial matters only provide a partial explanation for the gender gap. .
Ms. Grohmann, you have examined the gender gap in financial literacy. In general, do women know more or less about financial matters than men do?
On average, women know less about financial matters than men in most countries. There are exceptions .
In Germany and many other countries, financial advisors are required by law to assess their clients’ risk preferences in order to help them make informed and appropriate investment decisions. Most institutions that provide financial advice - ..
Mr. Menkhoff, in many countries the law requires financial institutions to give financial advice to people who are going to invest money. How do financial institutions normally assess the risk attitude of their customers?
The most common way ...
Parents exert indirect influence on the way in which their children will deal with money and financial products in the future – schools can promote competent financial behaviors
"Waste not, want not“: Children whose parents teach them ..
Ms. Grohmann, some people make considerably poorer financial decisions than others. Where exactly do these people experience difficulties?Many individuals make poor financial decisions, particularly when it comes to saving for retirement. They don ..
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