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  • DIW Discussion Papers 2136 / 2025

    The Aggregate Labor Share and Distortions in China

    This paper shows that in an economy where distortions prevent firms from using their profit-maximizing amounts of capital and labor, removing these distortions can generate both an efficiency gain and a higher aggregate labor share. We use firm-level data on Chinese manufacturing, mining, and public utilities in 2005 and estimate a general equilibrium model with heterogeneous productivity, technology, ...

    2025| Xiaoyue Zhang, Junjie Xia
  • DIW Discussion Papers 2138 / 2025

    Stock Market Participation, Work from Home, and Inequality

    Stock market participation among working household heads jumped upwards in 2020 – in Germany by about 25%. A major cause is the required use of work from home (WfH). We show this by adding WfH to a large set of explanatory variables. Moreover, we implement an instrumental variables estimation based on industry-specific levels of WfH-capacity. The transmission channels seem to work via increased available ...

    2025| Lorenz Meister, Lukas Menkhoff, Carsten Schröder
  • Externe Working Papers

    Complementary Funding: How Location Links Crowdfunding and Venture Capital

    While Equity Crowdfunding (ECF) platforms are a virtual space for raising funds, geography remains relevant. To determine how location matters for entrepreneurs using equity crowdfunding (ECF), we analyze the spatial distribution of successful ECF campaigns and the spatial relationship between ECF campaigns and traditional investors, such as banks and venture capitalists (VCs). Using data from the ...

    Potsdam: CEPA, 2025, 45 S.
    (CEPA Discussion Paper ; 91)
    | Torben Klarl, Alexander S. Kritikos, Knarik Poghosyan
  • Non-refereed Articles

    Poverty and Inequality in the Federal Republic of Germany

    Why is the Federal Republic of Germany a case of interest at all to be considered in a handbook on poverty and inequality? Three reasons come foremost to mind. First, Germany holds a dominant economic and political position within the European Union, making changes in poverty and inequality highly significant beyond its borders. Second, Germany is often considered a prime example of a "coordinated ...

    In: Joachim Singelmann, Dudley L. Poston Jr. , International Handbook of the Demography of Poverty and Inequality ; 13
    Heidelberg : Springer
    im Ersch. [online first: 2025-05-28]
    International Handbooks of Population
    | Martin Kronauer, Jan Goebel
  • Refereed essays Web of Science

    The Educational Wealth Divide in Europe: Post-Secondary Enrollment Gaps Across Parental Wealth Components and Countries

    Parental wealth is a crucial dimension of socioeconomic status (SES) and plays a significant role in the intergenerational transmission of educational advantage. Previous research on the topic has been limited to a small number of countries, and findings on the relationship between parental wealth and educational attainment are hardly comparable across institutional contexts. Furthermore, the specific ...

    In: Research in Social Stratification and Mobility 99 (2025), 101086, 13 S. | Andrea Pietrolucci, Jascha Dräger, Nora Müller, Marco Albertini
  • Report

    German economy poised for upturn thanks to fiscal package; uncertainties in the global economy

    The German economy is slowly emerging from its trough. After a bumpy start to the year, which was marked by tariff-related special effects, growth in 2025 remains subdued at 0.2 percent. However, the economy is gradually picking up speed from the current third quarter onwards. Over the next two years, this will translate into noticeable economic growth of 1.7 and 1.8 percent annually, respectively. ...

    05.09.2025| Geraldine Dany-Knedlik
  • Refereed essays Web of Science

    The Impact of Private Hosting on the Integration of Ukrainian Refugees in Germany

    Amid the Ukrainian displacement crisis, private hosting of refugees in Europe has surged, yet its impact on integration remains understudied. This research examines the short- to medium-term effects of private hosting on Ukrainian refugee integration in Germany. Using data from one of the largest non-profit platforms that matches private hosts with refugees, we compare the multidimensional integration ...

    In: Nature Human Behaviour 9 (2025), S. 2249–2260 | Mathis Herpell, Moritz Marbach, Niklas Harder, Alexandra Orlova, Dominik Hangartner, Jens Hainmueller
  • Dossier

    Working group socio-ecological transformation

    As part of their research on socio-ecological transformation (SET), researchers from various departments at DIW Berlin are examining the risks, costs, and benefits of this transformation for private households, businesses, and government actors in Germany and Europe. Building on the institute's previous focus areas, DIW Berlin researchers are particularly interested in economic and social science issues ...

  • Nachrichten [Abteilung SOEP]

    Register now for the “2nd Leibniz Open Science Day 2025: Better Science for Better Policies”

    SOEP/DIW Berlin (together with ZBW, WZB, and RWI) is pleased to announce that registration is now open for the "2nd Leibniz Open Science Day 2025: Better Science for Better Policies", taking place on 27 October 2025 at the Leibniz-Association, Berlin.  This year’s keynote will be delivered by Prof. Johanna Rickne (Stockholm University). The program is now available and highlights the growing role of ...

    29.09.2025| Levent Neyse
  • Press Release

    Joint Economic Forecast Autumn 2025: Fiscal stimulus masks structural weakness

    The German economy is emerging from the trough and is likely to regain some momentum over the next two years. Following stagnation in the first half of the year, the Joint Economic Forecast project group predicts gross domestic product growth of 0.2 percent for the current year in its fall report. In the next two years, an expansionary fiscal policy is likely to accelerate economic growth noticeably ...

    25.09.2025
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