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DIW Discussion Papers 1902 / 2020
We estimate the impact of parental health on adult children’s labor market outcomes. We focus on health shocks which increase care dependency abruptly. Our estimation strategy exploits the variation in the timing of shocks across treated families. Empirical results based on Austrian administrative data show a significant negative impact on labor market activities of children. This effect is more pronounced ...
2020| Wolfgang Frimmel, Martin Halla, Jörg Paetzold, Julia Schmieder
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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
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Refereed essays Web of Science
During the COVID-19 pandemic, the introduction of mandatory face mask usage triggered a heated debate. A major point of controversy 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 ...
In:
Journal of Economic Behavior & Organization
192 (2021), S. 765-781
| Gyula Seres, Anna Balleyer, Nicola Cerutti, Jana Friedrichsen, Müge Süer
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Refereed essays Web of Science
This randomized controlled trial examines the effect of a new finance training style during which participants are given personalized feedback on their financial business outcomes in addition to a rule-of-thumb training approach. We compare this with the effects of a rule-of-thumb training by itself and a control group. Targeting about 500 small entrepreneurs in Uganda, we find that the personalized ...
In:
Economic Development and Cultural Change
70 (2022), 3, S. 1197-1227
| Antonia Grohmann, Lukas Menkhoff, Helke Seitz
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SOEPpapers 1153 / 2021
Economists increasingly recognise the importance of personality traits for socio-economic outcomes, but little is known about the stability of these traits over the life cycle. Existing empirical contributions typically focus on age patterns and disregard cohort and period influences. This paper contributes novel evidence for the separability of age, period, and cohort effects for a broad range of personality ...
2021| Bernd Fitzenberger, Gary Mena, Jan Nimczik, Uwe Sunde