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The inefficiency of a monetary union with heterogeneous agents in the face of common shocks

Fiscal multipliers: do individuals make a difference?

SOEPcampus@Home: Online workshop October 14 and 15, 2021

In order to facilitate novel user's access to the rich data-source of the SOEP, we will host another online-workshop in October. The aim of the workshop is to familiarize novel users with the content and structure of the dataset, its potentials for social-scientific research and accompanying documentation matieral. Practical examples of data management will be discussed. The workshop will last two ...

German Social Cohesion Panel (SCP) of the Research Institute for Social Cohesion (RISC)

The Socio-Economic Panel (SOEP) at DIW Berlin and the University of Bremen are working together to develop a household panel study on the topic of social cohesion. The survey is being conducted by the infas Institute for Applied Social Science under the name “Zusammenleben in Deutschland,” or “Living Together in Germany.” The University of Bremen is taking part in the project as a participant in...

The Hidden Homeownership Welfare State: An International Long-Term Perspective on the Tax Treatment of Homeowners

Welfare is traditionally understood through social security decommodifying labor markets or social investment policies. In the domain of housing, however, welfare for homeowners is largely hidden in the tax codes’ fiscal exemptions. Based on a content analysis of legislation, this paper introduces a novel yearly database of 37 countries between 1910 and 2020 to uncover the “hidden welfare state” of ...

Face Mask Use and Physical Distancing before and after Mandatory Masking: No Evidence on Risk Compensation in Public Waiting Lines

During the COVID-19 pandemic, the introduction of mandatory face mask usage triggered a heated debate. A major point of debate is whether community use of masks creates a false sense of security that would diminish physical distancing, counteracting any potential direct benefit from masking. We conducted a randomized field experiment in Berlin, Germany, to investigate how masks affect distancing and ...

Behavioral Barriers and the Socioeconomic Gap in Child Care Enrollment

Children with lower socioeconomic status (SES) tend to benefit more from early child care, but are substantially less likely to be enrolled. We study whether reducing behavioral barriers in the application process increases enrollment in child care for lower-SES children. In our RCT in Germany with highly subsidized child care (n > 600), treated families receive application information and personal ...

Labor-Intensive Firms Are a Catalyst for Monetary Policy and Its Distributive Effects

The mandate of the European Central Bank’s monetary policy is to ensure price stability. Interest rate changes by the ECB affect labor costs and the value added of firms. If both dimensions are not equally affected, monetary policy has a distributive effect between workers and shareholders. Balance sheet data from over two million companies in the euro area show that the labor costs in labor-intensive ...

Carbon Contracts for Differences and effective CO2 pricing along the value chain in industry

 In the first part of the workshop, organized in the framework of the CFM-TRACTION Project, we will discuss design options for CCfDs, preliminary results on the scale of savings that CCfDs could achieve, and a first estimate of the amount of public funding required for CCfDs in Germany. In the second part, we will discuss possible revenues of CO2 pricing with a pass-through of CO2 costs...

Carbon Contracts for Differences and effective CO2 pricing along the value chain in industry

In the first CFM-Traction Workshop, preliminary results on the scale of savings that CCfDs could achieve and a first estimate of the amount of public funding required for CCfDs in Germany were discussed, in addition to design options for CCfDs. Furthermore, estimated distributional effects of CO2 pricing along the value chain were discussed. In this second workshop, follow-up analysis on these...