Search

Measuring Long-Run Expectations that Correlate with Investment Decisions

Different methods of eliciting long-run expectations yield data that predict economic choices differently well. We ask members of a wide population sample to make a 10-year investment decision and to forecast stock market returns in one of two formats: they either predict the average of annual growth rates over the next 10 years, or they predict the total, cumulative growth that occurs over the 10-year ...

Geopolitical Tensions Fuel Currency Competition but US Dollar and Euro Remain Hard to Displace

Geopolitical frictions and high levels of uncertainty in US policy are driving countries to reduce dependence on the US dollar and implement new policies to promote their own currencies for settling cross-border trade. This Weekly Report analyzes the reactions of firms to such measures, focusing on China’s efforts to promote the renminbi globally. Leveraging detailed French customs data, the findings ...

Being and Consciousness: Fiscal Attitudes according to HANK

Attitudes toward fiscal policy differ: fiscal conservatism and fiscal liberalism vary in their willingness to tolerate budget deficits. We challenge the view that such attitudes reflect national preferences. Instead, we offer an economic explanation based on a two-country Heterogeneous Agent New Keynesian model, bringing its implicit political economy dimension to the forefront. We compute the welfare ...

Social and Regional Inequalities in the Sense of Safety in Germany

The public’s perceived sense of safety influences many domains in significant ways: It impacts individual behavior, life quality, consumption behavior, and even political views as well as government action. Using data from the Socio-Economic Panel (SOEP) and the German Federal Government’s 2024 Gleichwertigkeitsbericht (Equivalence Report), the development as well as the regional and social distribution ...

Public Communication and Collusion: New Screening Tools for Competition Authorities

Competition authorities increasingly rely on economic screening tools to identify markets where firms deviate from competitive norms. Traditional screening methods assume that collusion occurs through secret agreements. However, recent research highlights that firms can use public announcements to coordinate decisions, reducing competition while avoiding detection. We propose a novel approach to screening ...

The Boomer Solidarity Surcharge: An Important Tool for Stabilizing Pensions Without Directly Burdening Younger Generations

As the baby boomer generation enters retirement, the payas- you-go pension system in Germany is under an increasing amount of pressure. Relevant changes, in particular higher contribution rates or lower pension levels, are causing tension between generations: Either the financial burden on the younger generations is increased or the risk of insufficient pensions and old-age poverty for the elderly ...

Socio-Economic Panel at a glance

Das SOEP kurz vorgestellt Forschung Leibniz-WissenschaftsCampus Berlin Centre for Consumer Policies (BCCP) Politikberatung Wissenstransfer Videos Interviews Infografiken Kooperationen und Netzwerke Research Affiliates & Fellows Netzwerke Das Sozio-oekonomische Panel (SOEP) ist eine der größten und am längsten laufenden multidisziplinären Panelstudien weltweit, für die derzeit jährlich etwa 30.000 Menschen ...

Climate Policy department at a glance

Die Abteilung kurz vorgestellt Forschung Leibniz-WissenschaftsCampus Berlin Centre for Consumer Policies (BCCP) Politikberatung Wissenstransfer Videos Interviews Infografiken Kooperationen und Netzwerke Research Affiliates & Fellows Netzwerke Die Abteilung Klimapolitik analysiert den regulatorischen Rahmen für den Übergang zu einer klimafreundlichen Volkswirtschaft. Wie können dazu CO2 Bepreisung, ...

Exploring Integration and Migration Dynamics: The Research Potentials of a Large-Scale Longitudinal Household Study of Refugees in Germany

Forced migration has intensified in the 21st century, driven by conflicts, persecution, and political instability in regions such as the Middle East, Afghanistan, the Horn of Africa, South-East Asia, Latin America and, most recently, Ukraine. Germany has become a primary destination for refugees within the European Union and one of the largest among the OECD countries. The IAB-BAMF-SOEP Refugee Survey, ...

Nuclear Fission, Natural Gas, Geothermal Energy, Nuclear Fusion: The Future Role of Baseload Power Plants