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Power Sector Effects of Green Hydrogen Production in Germany

The use of green hydrogen can support the decarbonization of sectors which are difficult to electrify, such as industry or heavy transport. Yet, the wider power sector effects of providing green hydrogen are not well understood so far. We use an open-source electricity sector model to investigate potential power sector interactions of three alternative supply chains for green hydrogen in Germany in ...

Where Do They Care? The ECB in the Media and Inflation Expectations

This paper examines how news coverage of the European Central Bank (ECB) affects consumer inflation expectations in the four largest euro area countries. Utilizing a unique dataset of multilingual European news articles, we measure the impact of ECB-related inflation news on inflation expectations. Our results indicate that German and Italian consumers are more attentive to this news, whereas in Spain ...

Health of Parents, Their Children's Labor Supply, and the Role of Migrant Care Workers

We estimate the impact of parental health on adult children’s labor market out- comes. We focus on health shocks that increase care dependency abruptly. Our estimation strategy exploits the variation in the timing of shocks across treated families. Empirical results based on administrative data show a significant negative impact on the labor market activities of children. This effect is more pronounced for ...

House Price Expectations

This study examines short-, medium-, and long-run price expectations in housing markets. At the heart of our analysis is the combination of data from a tailored in-person household survey, past sale offerings, satellite imagery on developable land, and an information treatment (RCT). As novel finding, we show that price expectations show no evidence for momentum-effects in the long run. We also do ...

Decline in Job Satisfaction and How it Relates to Investment Decisions of the Self-Employed

Despite substantial research on job satisfaction in self-employment, we know little about the specific consequences for the venture when job satisfaction declines after an external shock. Taking the COVID-19 pandemic as an example of an external shock and drawing on a sample of nearly 7,000 self-employed individuals living in Germany, we investigate how declines in job satisfaction are related to investment ...

The Energy Transition in France: Expansion of Renewables Stalling, Good Progress on Heat Pumps

The energy transition is a major challenge for both Germany and France. This Weekly Report provides an overview of the short- and long-term goals as well as current developments and trends in France’s energy and climate policy. It reveals that France is largely on track with its greenhouse gases targets and is also making good progress on installing heat pumps. However, its expansion of renewable energy ...

Entkoppelte Lebenswelten? Soziale Beziehungen und gesellschaftlicher Zusammenhalt in Deutschland - Erster Zusammenhaltsbericht des FGZ: Erster Zusammenhaltsbericht des FGZ

Mit dem vorliegenden Bericht eröffnen wir unsere Reihe der Zusammenhaltsberichte desFGZ. Die Zusammenhaltsberichte sollen auf der Grundlage der im FGZ erhobenen Dateneine interessierte Öffentlichkeit über zentrale Befunde und Analysen zum gesellschaftlichenZusammenhalt in Deutschland informieren. Mit dem Fokus auf Datenerhebungen ergänzendie am Forschungsdatenzentrum des FGZ (FDZ-FGZ) koordinierten ...

Energy transformation in France: too much dependence on nuclear power

Wealth Creators or Inheritors? Unpacking the Gender Wealth Gap From Bottom to Top and Young to Old

This paper investigates the gender wealth gap using wealth recorded in the Socio-Economic Panel (SOEP). Ranking women and men by their individual wealth reveals that the average gender wealth gap is driven by the large gap in the top tail. We find that the gender wealth gap widens during working age and closes during retirement. This is associated with men receiving higher inheritances and inter-vivos ...

The Long-Term Implications of Destruction During the Second World War on Private Wealth in Germany

By the end of the Second World War, an estimated 20 percent of the West German housing stock had been destroyed. Building on a theoretical lifecycle model of wealth accumulation, this paper examines the extent to which regional differences in destruction can explain differences in wealth today” – at the beginning of the 21st century. As our empirical basis, we link a unique historical dataset on the ...