This paper revisits the exporter’s environmental premium (EEP) by incorporating emissions embodied in domestically and internationally sourced intermediate inputs. Combining administrative firm-level data and customs records for German manufacturers with an environmentally extended input-output table and fuel specific emission factors, we document three stylized facts: (i) embodied emissions...
The SOEPnewsletter June 2025 is now availabe in English and German. If you would like to receive the new issues automatically by e-mail, please subscribe to the mailing list. Enjoy reading.
Existing research has demonstrated that wealthier individuals differ in family formation. Potential explanations draw on wealth’s use and symbolic value as well as the relative economic bar of family formation. This study examines the relationship between wealth and three family formation events in Germany: first cohabitation, marriage, and birth. Data from the German Socio-Economic Panel Study (2002–2017) ...
The European Union's economy is at a crossroads, facing challenges that threaten its competitiveness, long-term growth, and security. Despite a strong industrial base and high potential in innovation-driven sectors, the EU has yet to fully capitalise on its strengths.
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 ...
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 ...
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 ...
