This paper analyses the impact of divorce on the gross earnings of women and men and investigates how differences in social policy contexts influence these relationships. In particular, it focuses on a policy reform enacted in Germany in 2008 that overturned previous ex-spousal support rules. Data come from the administrative records of the German Public Pension Fund. Drawing on a fixed-effects panel ...
The war in Iran has once again driven up energy prices and, as a result, inflation in the euro area. The European Central Bank (ECB) has responded with two interest rate hikes, and more could follow. It is easy to lose sight of the fact that higher interest rates place a burden not only on businesses and households but also on government budgets as interest expenses rise. In addition, the weaker economy ...
