This series of lectures considers econometrics issues that arise in the process of forecasting. We will see that several basic econometric notions need to be reconsidered when forecasting. An important starting point when forecasting is the underlying motivation for the forecast, which can be summarised in the loss function. We then move to multistep forecasting, forecasting in changing...
Which SOEP projects were launched in 2021? What have researchers found out with our data? What additional data do we offer to our users? And what is new since we started working with the fieldwork institute infas? The report is available online free of charge. We would also be happy to send you a hard copy on request (soepmail@diw.de). Please download here
The so-called traffic light coalition is facing a challenge: it has set ambitious energy policy targets, but can only achieve them if the pace of the energy transition is increased significantly. To contribute to the current energy policy debate, the Ampel-Monitor Energiewende (Monitor of the Traffic Light Coalition’s Energy Transition Targets) was developed at DIW Berlin. Based on open data, the Ampel-Monitor ...
Based on data from the German Socio-Economic Panel, we document a significant rise in monthly earnings in- equality between 1993 and 2018. The main contributors are inter-temporal increases in working hours inequality and increases in the covariance between working hours and hourly wages, while changes in the distribution of hourly wages play a minor role. Applying a novel double decomposition technique ...
