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252 results, from 1
  • July 19, 2023

    Cluster-Seminar Public Finances and Living Conditions

    Stock market participation, remote work, and inequality

    Speaker: Lorenz Meister
    Location: Ferdinand Friedensburg Room
    DIW Berlin
    Room 2.3.001
    Mohrenstraße 58
    10117 Berlin
    Time: 11:00 bis 12:00 Uhr

    Stock market participation jumped upwards in Germany in the year 2020 by about 25%. A major cause for this was the enforced use of remote work. We show this by repeating a benchmark study with demanding data requests and adding remote work to the explanatory variables. Moreover, we implement an instrumental variables estimation based on commuting distance and work-from- home capacity. The ...

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  • July 5, 2023

    Cluster-Seminar Public Finances and Living Conditions

    Pension and Long-Term Care Expectations: Evidence from Germany

    Speaker: Bruno Veltri (HU Berlin), Maximilian Blesch
    Location: Joan Robinson Room
    DIW Berlin
    Room 3.3.002a
    Mohrenstraße 58
    10117 Berlin
    Time: 11:00 bis 12:00 Uhr

    Two significant drivers of a person's financial situation in old age are pension income and costs for long-term care dependence. Both are unknown when the person makes her most important financial decisions, which makes it particularly interesting to understand her beliefs about them and how they influence her choices. In a representative survey, we elicit detailed expectations about individuals ...

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  • June 21, 2023

    Cluster-Seminar Public Finances and Living Conditions

    Gender differences and stereotypes in media coverage of company board members

    Speaker: Virginia Sondergeld
    Location: Joan Robinson Room
    DIW Berlin
    Room 3.3.002a
    Mohrenstraße 58
    10117 Berlin
    Time: 11:00 bis 12:00 Uhr

    Women continue to be underrepresented in leadership positions in the corporate sector such as on company boards. One of the reasons for this underrepresentation are gender stereotypes on the skill distribution, social and occupational roles, personality traits, and how they affect labor market decision making. Media plays an important role in transporting gender stereotypes. In this paper we ...

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  • June 7, 2023

    Cluster-Seminar Public Finances and Living Conditions

    Short-time Work vs. Unemployment: Gendered Differences in Labour Market Outcomes

    Speaker: Clara Schäper
    Location: Ferdinand Friedensburg Room
    DIW Berlin
    Room 2.3.001
    Mohrenstraße 58
    10117 Berlin
    Time: 11:00 bis 12:00 Uhr

    In the recent economic crises, Germany has made use of job retention schemes and in particular short-time work benefits ('Kurzarbeit') to tackle shocks in labor demand. Under these schemes, workers have not been laid off and received unemployment benefits, but reduced their working hours (or stopped working) for a limited amount of time while receiving short-time leave benefits. While the effect ...

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  • May 31, 2023

    Cluster-Seminar Public Finances and Living Conditions

    The Gender (Tax) Gap in Parental Transfers. Evidence from administrative inheritance and gift tax data.

    Speaker: Daria Tisch, Max Planck Institute for the Study of Societies
    Location: Anna J. Schwartz Room
    Room 5.2.010
    Mohrenstraße 58
    10117 Berlin
    Time: 12:30 bis 13:30 Uhr

    This study examines how inheritance and gift tax systems in combination with gendered parental transfer behavior strengthen gender wealth inequalities. Gender differences in transfers can be reproduced if men benefit differently than women from tax exemptions. This might happen when men and women receive different types of assets where only some are tax exempted. To investigate gendered parental ...

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  • May 24, 2023

    Cluster-Seminar Public Finances and Living Conditions

    Increasing disability benefits: selection and labor market effects.

    Speaker: Annica Gehlen
    Location: Anna J. Schwartz Room
    Room 5.2.010
    Mohrenstraße 58
    10117 Berlin
    Time: 11 bis 12 Uhr

    We study the incentive and labor market effects of disability benefit programs using unique policy variation in Germany. In 2014, disability benefits of new recipients were increased considerably while eligibility criteria were not changed. We exploit this quasi-experimental policy variation to test the implications at two different margins. First, we analyze to what extent an increase in the ...

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  • May 10, 2023

    Cluster-Seminar Public Finances and Living Conditions

    Subjective Belief Formation and Stock Market Participation in Germany.

    Speaker: Sebastian Becker
    Location: Elinor Ostrom Hall
    DIW Berlin
    Mohrenstr. 58
    10117 Berlin
    Time: 11 bis 12 Uhr

    This paper investigates the unique ways in which individuals assimilate new information into their beliefs about stock returns and examines the consequences of heterogeneous information processing on savings and investment decisions. Utilizing two exogenous information treatments from 2017 and 2018 surveys of German households, I discover that individuals' short-term return expectations shift by ...

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  • February 15, 2023

    Cluster-Seminar Public Finances and Living Conditions

    Do Business Tax Rates Affect Real Investment?

    Speaker: Charlotte Bartels
    Location: Karl Popper Room
    DIW Berlin
    Room 2.3.020
    Mohrenstr. 58
    10117 Berlin
    Time: 12:30-13:30

    Policymakers widely use tax-based incentives to spur investment and stimulate economic growth. Tax policy has been at the center of emergency measures during the Covid-19 pandemic, and it is now as countries face a significant deterioration in public finances. Yet, empirical tax research is still in disagreement on how taxes affect business investment. We investigate the effect of local business ...

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  • January 18, 2023

    Cluster-Seminar Public Finances and Living Conditions

    Local Unemployment and Postsecondary Education

    Speaker: Andreas Leibing
    Location: Karl Popper Room
    DIW Berlin
    Room 2.3.020
    Mohrenstr. 58
    10117 Berlin
    Time: 12:30-13:30

    This study uses administrative data on the universe of students in tertiary education in Germany and shows that university enrollment depends negatively on the local unemployment rate at high school graduation. This finding contradicts common evidence on countercyclical US undergraduate enrollment. Students' financial dependency and loan aversion suggest reduced parental income as dominant ...

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  • January 17, 2023

    Cluster-Seminar Public Finances and Living Conditions

    Restrictions to Civil Liberties in a Pandemic and Satisfaction with Democracy

    Speaker: Lorenz Meister
    Time: 12:30-13:30

    Unexpected crises, such as armed conflicts, natural disasters and pandemics require immediate government decisions on how to act to protect the population. The COVID-19 pandemic was the worst sudden onset global crisis since the Second World War, and highlighted tension between civil liberties and public health objectives. How did attitudes towards democracy respond to restrictive policy ...

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  • January 4, 2023

    Cluster-Seminar Public Finances and Living Conditions

    Wohnsitzauflage: An opportunity for integration? The Impact of Residential Obligation Policy on Refugee Women’s Labor Market Participation

    Speaker: Aslıhan Yurdakul (Universitat Pompeu Fabra, Barcelona), Yuliya Kosyakova (Institute for Employment Research - IAB), Adriana Cardozo Silva
    Location: Karl Popper Room
    DIW Berlin
    Room 2.3.020
    Mohrenstr. 58
    10117 Berlin
    Time: POSTPONED

    *************POSTPONED*****************To promote integration, the German government enacted the Residential Obligation Act (Wohnsitzauflage) in 2016, which obliges refugees to maintain their residence in the states to which they have been assigned for a period of three years from the time they are granted asylum or temporary residence. Studies addressing this policy have found controversial ...

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  • December 7, 2022

    Cluster-Seminar Public Finances and Living Conditions

    Subjective belief formation and stock market participation in Germany

    Speaker: Sebastian Becker
    Location: Karl Popper Room
    DIW Berlin
    Room 2.3.020
    Mohrenstr. 58
    10117 Berlin
    Time: 12:30-13:30

    This paper exploits unique variation induced by two information treatments on a sample of German households in 2017 and 2018 to evaluate how subjective belief formation about stock market returns affects stock market participation and portfolio choice. I find that on average the information treatments do not shift individual expectations about returns significantly. Additionally, I show that ...

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  • November 23, 2022

    Cluster-Seminar Public Finances and Living Conditions

    The Long Run Impact of Expulsion of Germans (1944-1950) on Anti-Refugee Voting

    Speaker: Li Yang
    Location: Karl Popper Room
    DIW Berlin
    Room 2.3.020
    Mohrenstr. 58
    10117 Berlin
    Time: 12:30-13:30

    The political consequences of refugees for receiving countries have received much attention in recent years and have sparked a burgeoning literature. However, evidence on the long-run consequences of refugees is lacking. The expulsion of 8 million Germans (so-called expellees) from Eastern Europe to post-WWII West Germany serves as a natural experiment that allows us to estimate the long-run ...

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  • November 9, 2022

    Cluster-Seminar Public Finances and Living Conditions

    Survivor benefits and conjugal behavior. Evidence from the Netherlands

    Speaker: Julie Tréguier
    Location: Karl Popper Room
    DIW Berlin
    Room 2.3.020
    Mohrenstr. 58
    10117 Berlin
    Time: 12:30-13:30

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  • October 26, 2022

    Cluster-Seminar Public Finances and Living Conditions

    Promotion prospects and within-level wage growth: A decomposition of the part-time penalty

    Speaker: Boryana Ilieva
    Location: Ferdinand Friedensburg Room
    DIW Berlin
    Room 2.3.001
    Mohrenstraße 58
    10117 Berlin
    Time: 12:30-13:30

    The part-time wage penalty is a key contributor to the gender wage gap. In this paper, I study how the part-time penalty decomposes in a lack of promotions to higher paying levels of the career ladder and a lack of wage growth conditional on the career level. I develop a dynamic model of labor supply that distinctly features hierarchical wage structures and promotions. I estimate the ...

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  • June 15, 2022

    Cluster-Seminar Public Finances and Living Conditions

    A decomposition of the life-cycle part-time wage gap: Forgone promotion prospects and stagnant wage growth within job levels

    Speaker: Boryana Ilieva
    Location: Karl Popper Room
    DIW Berlin
    Room 2.3.020
    Mohrenstr. 58
    10117 Berlin
    Time: 12:30-13:30

    Long periods of part-time work lead to a stagnation of wage growth. In this paper, I study how the wage stagnation decomposes in lack of career development and the lack of wage growth conditional on the career level. I develop a dynamic choice model of labor supply which distinctly incorporates vertical career moves to jobs paying higher wages as a function of the choice of hours of work. I ...

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  • February 2, 2022

    Cluster-Seminar Public Finances and Living Conditions

    The Effects of Shortening Potential Benefit Duration: Evidence from Regional Cut-offs and a Policy Reform

    Speaker: Jonas Jessen
    Location: Online seminar via Cisco Webex
    Time: 14:00-15:00

    We quantify labour market effects of changes in the potential benefit duration (PBD) in Poland. Individual workers' PBD depends on the county unemployment rate relative to the national average---12 months of PBD above a cut-off of 125 per cent and 6 months below. This cut-off shifted from 125 to 150 per cent in a 2009 reform. We utilize (i) the natural experiment of the reform and (ii) the ...

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  • December 9, 2021

    Cluster-Seminar Public Finances and Living Conditions

    Women's managerial representation and the gender pay gap

    Speaker: Virginia Sondergeld
    Location: Online seminar via Cisco Webex
    Time: 12:30 - 13:30

    This paper analyzes the impact of women's managerial representation on the gender pay gap among subordinates on the establishment level using German Linked-Employer-Employee-Data. For identification of a causal effect we employ two estimation strategies: 1) a panel model with establishment fixed effects and 2) an event study estimation around a discrete shift in managerial representation. We find ...

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  • November 25, 2021

    Cluster-Seminar Public Finances and Living Conditions

    Increasing employment and family care? A structural analysis of pension and long-term care policy reforms

    Speaker: Björn Fischer
    Location: Online seminar via Cisco Webex
    Time: 12:30 - 13:30

    We develop a comprehensive life-cycle model of elder parent care and work to evaluate options that address pressing conflicts between pension and long-term care (LTC) policies. Many OECD countries react to challenges of demographic change by increasing LTC by family members (informal care) and raising retirement ages. This intensifies conflicts between paid employment and informal care provision. ...

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  • July 21, 2021

    Cluster-Seminar Public Finances and Living Conditions

    The dynamics of informal and formal care supply to parents - a structural model

    Speaker: Björn Fischer
    Location: Online seminar via Cisco Webex
    Time: 12:30 - 13:30

    In this paper, we estimate a structural dynamic discrete choice model of informal as well as formal care provision, retirement and labor supply. The model allows to assess the dynamic consequences of providing informal care or organizing formal care for parents, e.g., due to reduced wages, pension benefits, or benefits from long-term care insurance. Further, it allows to analyze counterfactual ...

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252 results, from 1
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