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DIW Berlin Economic Outlook: Summer Upswing to Follow Winter Slump

The Omicron wave of the coronavirus has impacted economies worldwide, resulting in a bleak winter. Although restrictions on economic and public life have been less severe than at the beginning of 2021 in many places—mainly due to the progress of vaccination campaigns—and there are prospects of easing restrictions in Germany as well, the labor shortage caused by the current rates of infection is noticeable. ...

Stranded Investments in the Coal Export Industry?

The Case of the Australian Galilee Basin Thermal coal exporters face increasing uncertainty about future coal demand and the risk of asset stranding is increasing. Nevertheless, new export-oriented coal mine projects like the Carmichael project in the Australian Galilee Basin are still brought forward. In this seminar, we discuss research results with the COALMOD-World model with Australian...

R&D Spillovers through RJV Cooperation

We investigate how R&D spillovers propagate across firms linked through Research Joint Ventures (RJVs). Building on the framework developed by Bloom et al. (2013) which considers the opposing effects of knowledge spillovers and product market rivalry, we extend the model to account for RJV cooperation. Since the firm’s decision to join a RJV is endogenous, we build a model of RJV participation. The ...

Inequality over the Business Cycle: The Role of Distributive Shocks

This paper examines how wealth and income inequality dynamics are related to fluctuations in the functional income distribution over the business cycle. In a panel estimation for OECD countries between 1970 and 2016, although inequality is, on average countercyclical and significantly associated with the capital share, one-third of the countries display a pro- or noncyclical relationship. To analyze ...

Stimulating Housing Policy and Housing Tenure Choice: Evidence from the G7 Countries

Housing affordability is a hotly debated issue on global scale. A lack of affordable housing of decent quality is a chronic problem in urban areas. Governments try to alleviate it by stimulating homeownership among middle-income households and providing social housing for the low-income households. Such policies are very costly. Thus, this study aims to assess at least tentatively the effectiveness ...

The Effect of Social Comparison on Debt Taking: Experimental Evidence

A number of studies show that there is a link between social comparison and high levels of household debt. However, the exact mechanisms behind this link are not yet well understood. In this paper, we disentangle two mechanisms by performing a lab experiment designed to study the effects of social image concerns and peer information on consumption choices financed through debt taking. We find that ...

Facebook Shadow Profiles

Data is often at the core of digital products and services, especially when related to online advertising. This has made data protection and privacy a major policy concern. When surfing the web, consumers leave digital traces that can be used to build user profiles and infer preferences. We quantify the extent to which Facebook can track web behavior outside of their own platform. The network of engagement ...

SOEP-Core v36: Codebook for the EU-SILC-like Panel for Germany Based on the SOEP

Impacts of Power Sector Model Features on Optimal Capacity Expansion: A Comparative Study

The transition towards decarbonized energy systems requires the expansion of renewable and flexibility technologies in power sectors. Many powerful tools exist to find optimal capacity expansion. In a stylized comparison of six models, we evaluate the capacity expansion results of basic power sector technologies. The technologies under investigation include base- and peak load power plants, electricity ...

SOEP User Conference 2022 - Call for Papers (deadline extended)

The call for papers on our SOEP2022 - 14th International German Socio-Economic Panel User Conference is online. Conference date: June 30-July 1, 2022, in Berlin! Please submit electronic versions of abstracts (up to 300 words) no later than FEB 9, 2022 to: soep2022@diw.de Researchers of all disciplines are invited to submit an abstract.The theme of the conference and keynote speeches will be "The ...