The Governing Council of the European Central Bank (ECB) decided today to keep the key interest rate constant. Here is a statement from Marcel Fratzscher, President of the German Institute for Economic Research (DIW Berlin):
December 13, 2023 – The German traffic light coalition began its term two years ago with ambitious energy policy goals. Halfway through the legislative period, its track record is mixed. Good progress has been made in some areas, but in others a large gap between targets and the status quo remains. The Ampel-Monitor Energiewende by the German Institute for Economic Research (DIW Berlin) shows...
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The German traffic light coalition began its term two years ago with ambitious energy policy goals. Halfway through the legislative period, its track record is mixed. Good progress has been made in some areas, but in others a large gap between targets and the status quo remains. The Ampel-Monitor Energiewende by the German Institute for Economic Research (DIW Berlin) shows where we stand today in terms ...
The aim of the overall project is to initiate social learning processes relating to the energy transition. It aims to identify ways of overcoming obstacles and spell out options for coping with multiple crises. To this end, various key challenges will be examined. The following are of particular importance to the DIW subproject: a) the need for an unprecedented acceleration and scaling of the...
The recent decision by the German Constitutional Court to block the government’s plan to redirect €60 billion in unused pandemic funds toward climate-related projects has underscored the growing divisions within Germany’s three-party ruling coalition. Moreover, the decision is set to undermine economic growth at a critical moment. Earlier this month, Germany’s Constitutional Court ruled that the government’s ...
The topic of this thesis is the heterogeneity in labor market outcomes over the life cycle and across gender. The thesis comprises three independent research papers (Chapters 2-4), which focus on complementary aspects of the overreaching research question: how do employment choices determine earnings, and what role does the gender component play? Chapter 1 introduces the topic of wage and gender gaps ...
Several empirical studies document the relevance of firm heterogeneity to assess the effect of trade and environmental policy. This paper develops a multi-country and -sector general equilibrium trade model with heterogeneous firms and analyzes the effect of domestic carbon pricing as well as carbon border adjustments. In the presence of heterogeneous firms, these unilateral carbon pricing tools affect ...
This dissertation consists of four empirical chapters which contribute to the fields of labor economics and inequality research. The first chapter examine whether gender differences exist in fairness evaluation of own earnings. Previous studies found that women tend to evaluate their own pay more favorably than men. Contented women are speculated to not seek higher wages, thus the ‘paradox of the contented ...
