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SOEPpapers 1041 / 2019
Previous work has shown that preferences are not always stable across time, but surprisingly little is known about the reasons for this instability. I examine whether variation in people’s emotions over time predicts changes in preferences. Using a large panel data set, I find that within-person changes in happiness, anger, and fear have substantial effects on risk attitudes and patience. Robustness ...
2019| Armando N. Meier
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SOEPpapers 1042 / 2019
This study provides new evidence on the levels of economic integration experienced by foreigners and naturalised immigrants relative to native Germans from 1994 to 2015. We decompose the wage gap using the method for unconditional quantile regression models by employing a regression of the (recentered) influence function (RIF) of the gross hourly wage on a rich set of explanatory variables. This approach ...
2019| Kai Ingwersen, Stephan L. Thomsen
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DIW Roundup 130 / 2019
Although households in developing and emerging countries are relatively poor, there is potential to save. For example, one study estimates that up to 8.1% of a poor household’s budget in such countries is spent on so-called temptation goods, like alcohol, tobacco, and festivals (Banerjee and Duflo, 2007). At the same time, many households are aware of the fact that they do not save enough. They name ...
2019| Eva Haaser, Melanie Koch
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DIW Discussion Papers 1807 / 2019
In this paper, we analyse the effects of a unilateral change in an emissions tax in a model of international trade with heterogeneous firms. We find a positive effect of tighter environmental policy on average productivity in the reforming country through reallocation of labour towards exporting firms. Domestic aggregate emissions fall, due to both a scale and a technique effect, but we show that the ...
2019| Udo Kreickemeier, Philipp M. Richter
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Graduate Center Short Course
This course is fully booked.
The Berlin School of Economics (BSE) and the Berlin Network of Labor Market Research (BeNA) with the support of Collaborative Research Center TRR 190 Rationality and Competition gladly announce that on September 2-4 and 4-6, 2019, Jann Spiess, Assistant Professor from Stanford Graduate School of Business, will give two courses on Machine Learning: An Applied...
02.09.2019| Jann Spiess, Stanford Graduate School of Business
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DIW Discussion Papers 1814 / 2019
Macroprudential policies for financial institutions have received increasing prominence since the global financial crisis. These policies are often aimed at the commercial banking sector, while a host of other non-bank financial institutions, or shadow banks, may not fall under their jurisdiction. We study the effects of tightening commercial bank regulation on the shadow banking sector. For this purpose, ...
2019| Stefan Gebauer, Falk Mazelis
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Publications
Executive Board department publications
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Video
In the closing policy roundtable about Consumer and Competition Policy in Times of Rising Corporate Power, panelists Amelia Fletcher (University of East Anglia and Centre for Competition Policy), Marit Hansen (State of Schleswig-Holstein), Stefan Hunt (UK Competition and Markets Authority), Paul Nemitz (European Commission), and moderator Hans Friederiszick (E.CA Economics) engaged in a lively...
22.07.2019| Veranstaltungsrückblick
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Video
In the first afternoon session, Matthew Gentzkow (Stanford University) and Helen Margetts (University of Oxford) presented their research on the political consequences of corporate power in digital markets.
22.07.2019| Veranstaltungsrückblick
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Video
In the opening session of the BCCP Conference and Policy Forum 2019, Jan Eeckhout (Universitat Pompeu Fabra Barcelona), Jonathan Baker (American University), and Fiona Scott Morton (Yale University) discussed the global rise of concentration, profits, mark-ups and market power across many markets and industries, the possible explanations for rising mark-ups and concentration and the role of...
22.07.2019| Veranstaltungsrückblick