This paper studies if workers infer from correlation about causal effects in the context of the part-time wage penalty. Differences in hourly pay between full-time and part-time workers are strongly driven by worker selection and systematic sorting. Ignoring these selection effects can lead to biased expectations about the consequences of working part-time on wages (’selection neglect bias’). Based ...
Following the construction boom of recent years in Germany, inflation and supply bottlenecks hit the industry hard in 2022. While nominal construction volume increased by nearly 14 percent, it decreased by two percent when adjusted for inflation. Residential construction, which is urgently needed, was particularly affected. In 2023 and 2024, it is expected that investors will show restraint and that ...
Based on various data sources, the workshop will examine the economic and psychological situation of the self-employed three years after the onset of the COVID-19 crisis. Next to analyzing the immediate impact of the crisis, the workshop will address the adjustment measures taken by the self-employed and the long-term consequences. Possible research questions include what strategies the self...
This project will create a methodological framework for embedding a transition model with free (unknown) parameters in a dynamic, small-scale microsimulation. A transition model of this kind will also enable latent and/or only partially observed processes to be represented in a microsimulation. The key element for embedding a transition model with free parameters is a metamodel (or statistical...
Financial systems have developed rapidly in many developing countries. These changes increase the need for research into their effects, especially with a focus on financial inclusion / individual responses.To this end DIW Berlin will host a workshop in the field of “Finance and Development” to be held in Berlin on April 27 in the afternoon and full day April 28, 2023. The workshop will not have...
The 3rd annual Workshop for Women in Macroeconomics, Finance and Economic History is being organized by the German Institute for Economic Research. The aim is to bring together female academic researchers and practitioners to promote and exchange ideas in the fields of Macroeconomics, Finance, and Economic History.
How do commodity price movements affect sovereign default risk over the long-run? Using a novel dataset covering 41 countries and 42 raw commodities, we take a comprehensive long-run view to shed light on this so far understudied relationship between commodity risk and sovereign risk across 150 years. We create a novel country-specific commodity price index that allows us to take advantage of countries’ ...
On January 18, January 25, and February 1, 2023 the online workshop "SOEPcampus: Learn to use SOEP over lunch" takes place again. This online workshop series offers a short online introduction to the data of the Socio-economic panel study. Participants will be introduced to the content of the study, its data-structure, sample selection and weighting strategy and they will be provided with an overview ...
