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The Persuasiveness of Different Sources of Information on the Decision to Vaccinate: A Cross-Sectional Study in Germany During the Pandemic at the Turn of the Year 2021/2022

Health information about vaccinations is communicated via various sources of information and is crucial for vaccination decisions. Information sources such as interpersonal sources, traditional print and digital media as well as social media offer information about the risks and benefits of vaccination. During health crises such as the COVID-19 pandemic was, some information sources provide hanging ...

Composition of Core Modules and Item Allocation in Split Questionnaire Designs: Impact on Estimates from Imputed Data

An increasing number of social science surveys use split questionnaire designs to reduce questionnaire length, presenting only a subset of several questionnaire modules to each respondent while leaving out others. This approach results in large amounts of planned missing data that necessitates imputation. Research shows that imputation is most effective when each module covers various topics. Yet, ...

Impact of ESG Performance on the Cost of Capital in the Energy, Utilities, and Basic Materials Sectors

This paper explores the presence of an environmental, social, and governance (ESG) premium for firms operating in the energy, utilities, and basic materials sectors. Specifically, we examine the influence of ESG performance on firms’ cost of capital in both debt and equity markets. We apply a measure of the ex ante implied cost of equity and the cost of debt to a global sample of over 24,000 firm-year ...

The gap between the rich and poor states is widening more and more

Productivity gap has nearly disappeared in rural regions

Fiscal Capacity of German Federal States: East-West Gap Narrows, but Rich-Poor Divide Grows

Even now, 35 years after German unification, the economic power and fiscal capacity of the eastern German federal states remain below average. In Germany’s system of fiscal federalism, this leads to substantial financial transfers, a fact that repeatedly triggers political debate. Thereby, the low tax revenue of the economically weak states is also a consequence of the tax system—and by no means a ...

Productivity: East-West Gap Replaced by Urban-Rural Gap

In 1991, the average labor productivity of the then-new federal states (plus West Berlin) only reached nearly half of the total national productivity level. Since then, the average labor productivity of these states has climbed up to nearly 90 percent. However, the ranking of the individual states has barely changed: Hamburg and the southern German states are still at the top, while most eastern German ...

Occupational recognition of refugees: Effects on labor market outcomes, remittances, and life satisfaction (with Selina Gangl and Matthias Collischon)

Many high-income economies strive to integrate recently immigrated refugees and asylum-seekers into their labor markets. We contribute to the discussion of relevant policy tools and use rich survey data that are matched to precise administrative records on refugee immigrants to Germany. We study the impact of occupational recognition decisions on refugee outcomes. Applying a difference-in...

Timing of School Entry and Personality Traits in Adulthood

This paper investigates the long-run consequences of a later school entry for personality traits. For identification, we exploit the statutory cutoff rules for school enrollment in Germany within a regression discontinuity design. We find that relatively older school starters have persistently lower levels of neuroticism in adulthood. This effect is entirely driven by women, which has important...

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 ...