Jan Malek has successfully defended his dissertation "Essays on Competition and Innovation in the Pharmaceutical Industry” supervised by Jo Seldeslachts (1st supervisor) at KU Leuven and has now begun working for E.CA Economics in Berlin. Congratulations!
Nicole Wägner has successfully defended her dissertation "External Effects of Local Pollution and Abatement Policies - Empirical Evidence on the Impacts of Local Pollution Externalities and the Effectiveness of Pollution Abatement Policies" supervised by Christian von Hirschhausen at Technische Universität Berlin. She has since then begun working as scientific research assistant at RWI Essen. Cong ...
Jan Philip Fritsche has successfully defended his dissertation "Macroeconomic Policy under Uncertainty and Inequality" supervised by Marcel Fratzscher (1st supervisor) and Lukas Menkhoff (2nd supervisor) at Humboldt-Universität Berlin. Congratulations!
Jana Hamdan has successfully defended her dissertation "Essays on the Impact of Behavioral Aspects and Education for Financial Development" supervised by Lukas Menkhoff (1st supervisor) and Georg Weizsäcker (2nd supervisor) at Humboldt-Universität zu Berlin. Congratulations!
While there is a broad consensus in the literature that stock ownership is associated with individual characteristics, such as wealth, income, risk preferences, and financial literacy, less is known about the dynamics of stock market participation (SMP). Major fluctuations in SMP are oftentimes related to political events, economic shocks, and technological disruptions. We discuss the literature that ...
While there is a broad consensus in the literature that stock ownership is associated with individual characteristics, such as wealth, income, risk preferences, and financial literacy, less is known about the dynamics of stock market participation (SMP). Major fluctuations in SMP are oftentimes related to political events, economic shocks, and technological disruptions. We discuss the literature...
Paid parental leave schemes have been shown to increase women’s employment rates but to decrease their wages in case of extended leave duration. In view of these potential trade-offs, many countries are discussing the optimal design of parental leave policies. We analyze the impact of a major parental leave reform on mothers’ long-term earnings. The 2007 German parental leave reform replaced a means-tested ...
Using machine learning methods in a quasi-experimental setting, I study the heterogeneous effects of introducing waste prices - unit prices on household unsorted waste disposal - on waste demands and municipal costs. Using a unique panel of Italian municipalities with large variation in prices and observables, I show that waste demands are nonlinear. I find evidence of constant elasticities at low ...
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’ ...
