Central bank collateral policy specifies which assets banks can pledge as collateral to obtain central bank funding and is an important determinant of liquidity in the banking system. We propose a high-frequency identification approach to study the systematic effects of central bank collateral policy on banks, financial markets, and asset prices. We identify collateral policy surprises using intraday ...
October 8, 1936 – † April 4, 2026 Professor Dr. Richard Hauser passed away in early April at the age of 89. With his death, the SOEP longitudinal study loses one of its founding fathers, long-time promoters, and consistently reliable supporters. Richard Hauser, together with his colleagues from the fields of economics and sociology, launched the SOEP in the early 1980s and significantly shaped its ...
Introduction Most people want two or more children, but many do not realize their fertility desires. At the same time, recent studies suggest that up to 15% of parents regret having children. To investigate how fertility mismatch relates to well-being (i.e., affect balance, life satisfaction, family life satisfaction, and work satisfaction), this preregistered study used nationally representative cross-sectional ...
Lifelong learning is increasingly recognized as important for individual well-being, but causal evidence on this relationship remains scarce. This paper evaluates the effects of non-formal adult education on life satisfaction by exploiting the substantial expansion of courses at East German Volkshochschulen (VHS) following reunification. Combining individual well-being data from SOEP with administrative ...
The German Institute for Economic Research (DIW Berlin) organizes the fourth Scientific Workshop on Productivity jointly with the German Council of Economic Experts (SVR Wirtschaft) in its role as the German National Productivity Board and the Institute of Energy Economics at the University of Cologne (EWI). The event, which will take place on 24 and 25 August 2026 at DIW Berlin, serves as a platform ...
Although the leading economic research institutes consider the German economy to be in a recovery phase following a downturn lasting several years, they nevertheless expect only a moderate increase in gross domestic product of 0.6 percent for 2026 and 0.9 percent for 2027. “The energy price shock triggered by the Iran war is hitting the recovery hard, but at the same time expansionary fiscal policy ...
