Topic Financial Markets
German voters in the 2019 European election showed remarkable regional differences in their voting behavior. The Green Party surged in West German districts, while the AfD further consolidated its successes in East Germany. Investigating structural differences at the district level reveals that the Green party is particularly popular in economically strong, demographically young, and dynamic districts ...
The objective of the study is to investigate the changing role of explanatory factors of wealth and the gender wealth gap in Germany over the period 2002-2012 using individual level microdata from the German Socio-Economic Panel. The authors apply distributional decomposition methods and focus on the role of changes in labor supply, permanent income, portfolio composition, and marital status in this ...
In this paper, I estimate a dynamic structural model of labor supply, retirement, and informal care supply, incorporating labor market frictions and the German tax and benefit system. I find that informal elderly care has adverse and persistent effects on labor market outcomes and therefore negatively affects lifetime earnings, future pension benefits, and individuals’ well-being. These consequences of ...
The gender pay gap (GPG) remains a persistent phenomenon in contemporary labor markets. Despite a vast body of research examining its causes, as of today, unequal labor market power resources between men and women have remained an underappreciated factor in the literature. Drawing on the German Socio-economic Panel and the Microcensus, the association between the GPG and labor market closure – a crucial ...
DIW president Marcel Fratzscher comments today's announcements by the ECB as follows:
Vera Zipperer, who works at the Climate Policy department, has successfully defended her dissertation at the Technische Universität Berlin. The dissertation with the title "Creating innovation incentives through environmental policies: An economic analysis" was supervised by Prof. Karsten Neuhoff, Ph.D. (DIW Berlin, Technische Universität Berlin) and Prof. Simone Borghesi, Ph.D. ...
The ongoing trade conflicts initiated by the US and the uncertainty surrounding Brexit are negatively affecting the global economy. Global trade and investment activity, and thus in many places industrial output, are the areas most impacted. Consumption, however, is continuing to support the economy in many countries. DIW Berlin is expecting global GDP to grow to 3.7 percent this year and to slightly ...
