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Coase and Cap-and-Trade: Evidence on the Independence Property from the European Carbon Market

I examine the Coasean independence property in a large multinational cap-and-trade scheme for greenhouse gas emissions, the EU Emissions Trading System. I analyze whether emissions of power producers are independent from allowance allocations by leveraging a change in allocation policy for a difference-in-differences strategy. The evidence suggests that the independence property holds overall and for ...

Income-Dependent Equivalence Scales and Choice Theory: Implications for Poverty Measurement

Income-Dependent Equivalence Scales and Choice Theory: Implications for Poverty MeasurementEquivalence Scales are a tool for removing the heterogeneity of household sizes in the measurement of inequality, and affect poverty assessments and poverty lines. We address the disadvantage that poor households may suffer due to their reduced ability to share goods within the household. This disadvantage is ...

Physical and Mental Health Changes in the Five Years before and Five Years after Childbirth: A Population-Based Panel Study in First-Time Mothers and Fathers from Germany

Background: The transition to parenthood is characterized by far-reaching changes in life. However, little prospective-longitudinal evidence from general population samples exists on changes of general physical and mental health in the years around the birth of a child among mothers and fathers. Methods: Using data from the German Socio-Economic Panel Study (SOEP), this study examined continuous and ...

House Price Expectations

This study examines short-, medium-, and long-run price expectations in housing markets. We derive and test six hypothesis about the incidence, formation, and relevance of price expectations. To do so, we use data from a tailored household survey, past sale and rental offerings, satellites, and from an information RCT. As novel findings, we show that price expectations exhibit mean reversion in the ...

Facebook Shadow Profiles

Data is often at the core of digital products and services, especially when related to online advertising. This has made data protection and privacy a major policy concern. When surfing the web, consumers leave digital traces that can be used to build user profiles and infer preferences. We quantify the extent to which Facebook can track web behavior outside of their own platform. The network of engagement ...

SOEP-Core v36: Codebook for the EU-SILC-like Panel for Germany Based on the SOEP

Impacts of Power Sector Model Features on Optimal Capacity Expansion: A Comparative Study

The transition towards decarbonized energy systems requires the expansion of renewable and flexibility technologies in power sectors. Many powerful tools exist to find optimal capacity expansion. In a stylized comparison of six models, we evaluate the capacity expansion results of basic power sector technologies. The technologies under investigation include base- and peak load power plants, electricity ...

SOEP User Conference 2022 - Call for Papers (deadline extended)

The call for papers on our SOEP2022 - 14th International German Socio-Economic Panel User Conference is online. Conference date: June 30-July 1, 2022, in Berlin! Please submit electronic versions of abstracts (up to 300 words) no later than FEB 9, 2022 to: soep2022@diw.de Researchers of all disciplines are invited to submit an abstract.The theme of the conference and keynote speeches will be "The ...

The Dynamics of Recent Refugees’ Language Acquisition: How Do Their Pathways Compare to Those of Other New Immigrants?

Do the processes underlying destination-language acquisition differ between recently arrived refugees and other new immigrants? Based on a well-established model of language learning according to which language fluency is a function of efficiency, incentives, and exposure, this study addresses general processes of language learning as well as conditions specific to refugees. Longitudinal data on refugees ...

Chimpanzee and human risk preferences show key similarities

Risk preference impacts how people make key life decisions related to health, wealth, and wellbeing. Yet the evolutionary roots of human risk taking behavior remain poorly understood. I will present two studies on risk preferences in chimpanzees, one of our closest living relatives.In the first study, we investigated whether chimpanzees (N=13) differentiate between social...