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Research Project
The objective of the project is to analyze the effects of long enduring low interest rates on household investment behavior, setting a special focus on the stock market participation of German and US households. In particular, we address four questions within the project. Did the low interest rate environment induced more households to enter the stock market? How does a low interest rate...
Current Project| Macroeconomics
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Research Project
This project raises the question of how rental housing market and land-use regulations affect the build-up of the speculative house price bubbles that often lead to financial system instability and deep recessions. The study focuses on the OECD countries. Specifically, the project examines the impact of the rent control, protection of tenants from eviction, housing rationing, and land-use...
Current Project| Macroeconomics
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Research Project
The Linked Employer-Employee Study of the Socio-Economic Panel was first conducted in 2012 and is now entering its second round. The focus of SOEP-LEE2 is on longer-term changes in labor relations in the context of ongoing digitalization. In this context, the project examines how the corona pandemic has affected human resources management and leadership.
A key feature of the study is the linkage...
Current Project| German Socio-Economic Panel study
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Research Project
Members of the Macroeconomics Department are part of the European Parliament's Monetary Policy Experts Panel. Under the Treaty on the Functioning of the European Union (TFEU), the ECB is accountable to the European Parliament. Quarterly meetings between the President of the ECB and the European Parliament's ECON Committee are known as the Monetary Dialogue.
As part of this dialogue, we provide...
Current Project| Macroeconomics, Forecasting and Economic Policy
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Research Project
This project analyses different fiscal and non-fiscal charges on energy carriers and aims to provide better knowledge to the degree to which combined/final price signals (including taxes, levies, and subsidies) could impact levels of energy consumption and energy-related investments (and notably whether there is a risk of “path dependency” in the energy transition).
Current Project| Macroeconomics, Forecasting and Economic Policy
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Research Project
This project analyses the energy-related impacts of a possible EU carbon border adjustment and aims to answer the question how the absence or presence influences the outlook of the energy system in Europe (both on the supply and demand side) against the global dynamics.
Current Project| Macroeconomics, Forecasting and Economic Policy
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Research Project
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Current Project| Energy, Transportation, Environment
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Research Project
For more than 50 years now, “Verkehr in Zahlen” (ViZ) has been the standard reference work for transport statistics in Germany. The compendium contains around 380 pages of current figures and time series on all relevant topics in the fields of mobility and transport.
The content ranges from annual figures on infrastructure investment to data on transport infrastructure, accidents, traffic volume...
Current Project| Energy, Transportation, Environment
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Research Project
We propose to use new survey data to investigate factors that explain whether and why individuals either did not get a COVID-19 vaccine shot or chose to delay getting one. While we examine hesitancy about the COVID-19 vaccine, our study will yield broader insights. Our project has many strengths. In fifteen countries, we will use internationally-harmonized data on individual vaccination behavior...
Current Project| German Socio-Economic Panel study
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Research Project
To ensure continued survey participation and data quality, the survey landscape must adapt to the changing social reality, especially with regard to mobility and digitalization. This requires survey researchers to move from one-size-fits-all solutions to a data collection strategy that takes into account people's communication habits, abilities and preferences. For several decades, computer...
Current Project| German Socio-Economic Panel study
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Research Project
As part of the ERC Consolidator Grant WEALTHTRAJECT, Philipp Lersch will break new ground in wealth research over the next five years, and further expand the range of high quality data collection by SOEP. WEALTHTRAJECT is the first project to comprehensively and systematically investigate diversity in long-term wealth trajectories within and between social groups.
The starting point of the...
Current Project| German Socio-Economic Panel study, Life Course and Inequality
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Research Project
How is wealth created and reproduced within the German society? What role do inheritances and parental background play for top wealth holdings? SOEP-P is a new and worldwide unique sample of wealthy individuals in Germany. It comprises more than 1,100 millionaires (with the richest person having a net wealth of more than 130 million Euros) and is fully integrated into the general SOEP household...
Current Project| German Socio-Economic Panel study
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Research Project
The project deals with scientific questions on industrial transformation towards a climate-neutral and resilient economy, covering the entire breadth of this topic. Questions on industrial transformation in Germany and beyond are formulated with a view to the EU's energy and climate policy instruments. The approach applies scientific methods throughout.
The background to the project is the very...
Current Project| Climate Policy
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Research Project
The aim of this research project was to empirically analyze the incentive as well as welfare effects of different family policy reforms that have been discussed in the past years. The starting point for this study is a detailed analysis of the current system of family support and its effects on household labor supply and welfare. The challenge in this empirical analysis is the adequate modelling...
Recurring Project| Public Economics
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Research Project
We analyzed the revenue and economic effects of business and income taxation and developed microsimulation models in cooperation with the German Federal Ministry of Finance. The models were used for research projects and evaluation requests on behalf of the ministry. The research cooperation ended in 2011.
Recurring Project| Public Economics
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Research Project
We analyzed the economic impact and institutional issues of wealth taxation (recurrent wealth tax, inheritance and gift tax, local taxes on land and buildings, one-time capital levy, real estate appraisal).
Recurring Project| Public Economics
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Research Project
The goal of this project is to empirically analyze the work incentive and employment effects of earnings-related subsidies in the presence of high structural unemployment when labor market flexibility is hindered by wage rigidity related to institutional factors, in particular minimum wages and means-tested income support for unemployed people. We specify and estimate a structural microeconometric...
Recurring Project| Public Economics, Gender Economics
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Research Project
Competence in financial decision making is becoming increasingly important. However, most individuals make suboptimal financial decisions. Project A03 examines the hypothesis that these poor decisions may be (partially) caused by behavioral distortions and we explore how these interact with a person’s level of financial literacy. In particular, the project will test the impact of (i) biased...
Completed Project| Public Economics, Gender Economics
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Research Project
MICROCON is a five-year research programme funded by the European Commission. The programme takes an innovative micro level, multidisciplinary approach to studying the conflict cycle. Its main purpose is to promote understanding of individual and group interactions leading to and resulting from violent mass conflicts, aiming to better inform conflict policy and place individuals and groups at the...
Completed Project| Public Economics, Gender Economics
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Research Project
EUSECON (A New Agenda for European Security Economics) is a four-year collaborative research project that analyzes the causes, dynamics, and long-term effects of both human-induced insecurity threats and European security policies.The EUSECON project broadly defines "insecurity" to include terrorism and organized crime. The project's focus is on the human drivers of insecurity. The consortium...
Completed Project| Public Economics, Gender Economics