Search

Make Sure the Kids are OK: Indirect Effects of Ground-Level Ozone on Well-Being

This paper uses a panel of German individuals and highly granular pollution data to test if air pollution affects adults’ well-being indirectly through the health of their children. Results show that ozone decreases the well-being of individuals with children while not affecting persons without kids. We confirm the same effect for fine particulate matter and sulfur dioxide. Concerning the mechanism, ...

Heteroskedastic Proxy Vector Autoregressions

In proxy vector autoregressive models, the structural shocks of interest are identified by an instrument. Although heteroskedasticity is occasionally allowed for, it is typically taken for granted that the impact effects of the structural shocks are time-invariant despite the change in their variances. We develop a test for this implicit assumption and present evidence that the assumption of time-invariant ...

Effects of flexible digitized working opportunities on informal care and housework

Working from home can benefit work–family balance, but, due to the gendered meaning of flexibility, risks increasing the unequal allocation of unpaid care work in couples. Does working from home increase the within-couple gender care gap? To address this question, we use linear panel data models based on German Socio-Economic Panel data from 1997 to 2014. The results indicate that working...

Make the European Green Deal Real – Combining Climate Neutrality and Economic Recovery

Distributional Effects of the COVID-19 Lockdown

A two-sector incomplete markets model with heterogeneous agents can be used to study the distributional effects of the COVID-19 lockdown. While negative aggregate welfare effects of the lockdown are unavoidable, the size of aggregate welfare effects as well as the distribution of the welfare effects across agents turn out to depend on the specific economic environment of the affected economy as well ...

The Need for Household Panel Surveys in Times of Crisis: The Case of SOEP-CoV

The spread of the novel coronavirus, SARS-CoV-2, poses major challenges for individuals and societies at large. The question now is how individuals and society are dealing with these challenges, and what health, psychological, social, and economic effects they will have to bear. Meaningful answers can only be provided using a generalizable database that contains contextual information such as family ...

Sponsorship for PhD student at the Graduate Center

We congratulate Nils Handler, PhD student in the GC class of 2019, for the award. From October 2020, the Stiftung der deutschen Wirtschaft will finance his PhD.

Hellas: From the Economic Crisis to the Corona Crisis without a Pause

Greece cannot take on another decade of slow economic progress. Professor Alexander S. Kritikos in this article points out that the current economic break, as terrible as it also is for all economic life, is a second chance for Greece. Now is the time to break up structures and put the country on a new economic foundation. To make Greece more competitive and innovative, not only are investments needed ...

Distributional National Accounts: A macroeconomic perspective on income inequality in Germany (DINA GER)

The project attempts to bridge the gap between national accounts income aggregates and inequality studies based on micro data for Germany more systematically. We combine personal income tax statistics, household surveys such as the German Socio-Economic Panel (SOEP), and national accounts data on income distribution in a comprehensive and consistent manner to build “Distributional National...

Scenarios for Coal-Exit in Germany—A Model-Based Analysis and Implications in the European Context

The political discussion to reduce the carbon footprint of Germany’s electricity sector,focusing on coal, is intensifying. In this paper, we develop scenarios for phasing out lignite and hardcoal power plants in Germany prior to the end of their technical lifespan (“coal-exit”). Our analysisbases upon two coal-exit instruments, the retirement of coal generation capacities and the limitingof how much ...