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The Impact of Price Display on Financial Decisions

Credit decisions play an important role for the economic wellbeing of households. However, the complexity of products and varying price information display makes it hard for consumers to navigate this field. Empirical evidence has important implications for consumer protection policies, as many people fail to make optimal choices for themselves and struggle to understand credit cost information....

SOEPcampus@Home

The German Socio-Economic Panel Study is a representative panel study for the German population, collecting data on a broad variety of topics of everyday life, including general wellbeing, household composition, educational aspirations and educational status, income and occupational biographies, leisure time activities, housing, health, political orientation and more. With its long running panel...

Way Off: The Effect of Minimum Distance Regulation on the Deployment and Cost of Wind Power

With the expansion of onshore wind power, countries increasingly consider the introduction of minimum distance regulations between wind turbines to nearby residential areas, to increase public acceptance. In 2014, the German federal state of Bavaria introduced a minimum distance regulation that requires new wind turbines to be ten times their total height away from settlements (10-H regulation). This ...

SOEP-Core – 2019: Sampling, Nonresponse, and Weighting in the Sample P

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 ...

SOEP-IS 2020 – Survey Report on the 2020 SOEP Innovation Sample on Social Cohesion (GZ)

Drivers of Participation Elasticities across Europe: Gender or Earner Role within the Household?

We compute participation tax rates across the EU and find that work disincentives inherent in tax-benefit systems largely depend on household composition and the individual's earner role within the household. We then estimate participation elasticities using an IV group estimator that enables us to investigate the responsiveness of individuals to work incentives. We contribute to the literature on ...

SOEPcampus@Home

The German Socio-Economic Panel Study is a representative panel study for the German population, collecting data on a broad variety of topics of everyday life, including general wellbeing, household composition, educational aspirations and educational status, income and occupational biographies, leisure time activities, housing, health, political orientation and more. With its long running panel...

DIETERpy: A Python Framework for the Dispatch and Investment Evaluation Tool with Endogenous Renewables

DIETER is an open-source power sector model designed to analyze future settings with very high sharesof variable renewable energy sources. It minimizes overall system costs, including fixed and variablecosts of various generation, flexibility and sector coupling options. Here we introduce DIETERpy thatbuilds on the existing model version, written in the General Algebraic Modeling System (GAMS),and ...