Organizing long-term care (LTC) is one of the most pressing challenges for the coming years, both societally and politically. Across OECD countries, the proportion of individuals aged 80 and above will increase from an average of nearly five to almost ten percent of the population by 2050 (OECD, 2020). This rapid aging will have sizable implications for the demand and provision of LTC. The issue...
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 ...
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...
This paper investigates the implications of implementing the Just Energy Transition Partnership (JETP) in South Africa by exploring the factors that are at work when donors and recipients interact with each other. It analyses the JETP using global cooperation theories on climate change and identify mutual trust, based on shared norms; and process legitimacy via institutionalisation as the factors which ...
The leadership of both SOEP and “Understanding Society” (The UK Household Longitudinal Study) announced that they will intensify their long-standing collaboration in the future. They intend to coordinate closely on current challenges that large panel studies face, thereby pooling their comprehensive expertise. In addition, the employees of both studies will benefit from mutual exchange on all topics ...
While the French economy demonstrates remarkable resilience, Germany’s growth engine appears to be sputtering. But the two economies are more interdependent than ever, and their size implies that they must work together to reform and strengthen the European Union if they are to assert their influence globally. BERLIN – The contrast between the French and German economies has rarely appeared so stark. ...
Der Rückgang der Verwendung von Bargeld und das Aufkommen innovativer digitaler Zahlungssysteme haben die EZB wie viele andere Zentralbanken dazu veranlasst, die Einführung ihrer Währung in digitaler Form zu erwägen. Die technischen Probleme bei der Einführung eines digitalen Euro scheinen nicht unüberwindbar zu sein. Ein Thema, das jedoch weniger Beachtung gefunden hat, ist die Nachfrage nach einem ...
Die Steuerbefreiung von Fremdkapitalzinsen verschafft Fremdkapital einen erheblichen Finanzierungsvorteil gegenüber Eigenkapital. Dieser Steuervorteil bewirkt, dass insbesondere Banken mit extreme Schuldenhebel arbeiten und somit große Überschuldungsrisiken eingehen. Diese Steuerbefreiung von Fremdkapitalzinsen widerspricht somit den Zielen der prudenziellen Eigenkapitalregulierung, die zum Zwecke ...
