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SOEPpapers 1133 / 2021
Starting in 2009, the German state of Saxony distributed sports club membership vouchers among all 33,000 third graders in the state. The policy’s objective was to encourage them to develop a long-term habit of exercising. In 2018, we carried out a large register-based survey among several cohorts in Saxony and two neighboring states. Our difference-in-differences estimations show that, even after ...
2021| Jan Marcus, Thomas Siedler, Nicolas R. Ziebarth
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DIW Weekly Report 49-52 / 2021
Wealth is very unequally distributed in Germany. To effect a long-term reduction, the new Federal Government could focus on more effectively promoting home ownership, supplementary retirement provision, and other precautionary savings. However, a universal capital endowment could decrease wealth inequality much more rapidly and successfully. In this report, a universal capital endowment of up to 20,000 ...
2021| Stefan Bach
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Refereed essays Web of Science
This paper links banking system development to the colonial and legal history of African countries. Based on a sample of 40 African countries from 2000 to 2018, our empirical findings show a significant dependence of current financial institutions on the inherited legal origin and the colonization type. Findings also reveal that current financial legal institutions are not major determinants of banking ...
In:
Journal of Institutional Economics
17 (2021), 4, S. 561–581
| Samuel Mutarindwa, Dorothea Schäfer, Andreas Stephan
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DIW Discussion Papers 1986 / 2021
The system of capital taxation consists of two instruments, namely a tax on profits and a depreciation allowance on investment. We will show in this paper that by acting on both instruments simultaneously it is possible to achieve both a growth and a fiscal net revenue target even in cases when a trade off prevails when each instrument is used individually. This is an application of the Tinbergen rule ...
2021| Marius Clemens, Werner Röger
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DIW Discussion Papers 1988 / 2021
We study the impact of broadband availability on firms’ total factor productivity (TFP) using German firm-level data between 2010 and 2015. We adopt a control function approach to causally identify and separately estimate productivity for 46 two-digit manufacturing and service sectors. Over the sample period, broadband availability, measured by 16 Mbps transmission rates, more than doubled in German ...
2021| Tomaso Duso, Mattia Nardotto, Alexander Schiersch
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Refereed essays Web of Science
The EU Taxonomy is the first standardised and comprehensive classification system for sustainable economic activities. It covers activities responsible for up to 80% of EU greenhouse gas emissions and may play an important role in channelling investments into low-carbon technologies by helping investors to make informed decisions. However, especially in transition sectors much depends on the stringency ...
In:
Journal of Sustainable Finance & Investment
14 (2024), 1, S. 128–160
| Franziska Schütze, Jan Stede
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Refereed essays Web of Science
Research has consistently shown that women’s involvement in household decision making positively affects household outcomes such as nutrition and education of children. Is financial literacy a determinant for women to participate in intra-household decision making? Using data on savings groups in Rwanda, we examine this relationship and show that women with higher financial literacy are more involved ...
In:
Journal of African Economies
30 (2021), 3, S. 225–250
| Antonia Grohmann, Annekathrin Schoofs
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Refereed essays Web of Science
International migration of couples is rising. Still, there is little evidence on men’s and women’s domestic work hours before and after migration. This is despite the fact that domestic work provides deep insights into family life and, for migrants, is directly linked to integration. Therefore, this study examines how immigrant men and women change their domestic work hours following migration, using ...
In:
Journal of Family Issues
44 (2023), 4, S. 954–976
| Magdalena Krieger, Zerrin Salikutluk
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Refereed essays Web of Science
Evidence on the effectiveness of foreign exchange (FX) interventions is either limited to short horizons or hampered by debatable identification. We address these limitations by identifying a structural vector autoregressive model for the daily frequency with an external instrument. Generally we find, for freely floating currencies, that FX intervention shocks significantly affect exchange rates and ...
In:
The Review of Economics and Statistics
103 (2021), 5, S. 939–953
| Lukas Menkhoff, Malte Rieth, Tobias Stöhr
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Refereed essays Web of Science
We extend standard models of work-related training by explicitly incorporating workers’ locus of control into the investment decision through the returns they expect. Our model predicts that higher internal control results in increased take-up of general, but not specific, training. This prediction is empirically validated using data from the German Socioeconomic Panel (SOEP). We provide empirical ...
In:
Journal of Human Resources
57 (2022), 4, S. 1311-1349
| Marco Caliendo, Deborah A. Cobb-Clark, Cosima Obst, Helke Seitz, Arne Uhlendorf