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SOEPpapers 1007 / 2018
We present empirical evidence on the heterogeneity in monetary policy transmission across countries with different home ownership rates. We use household-level data together with shocks to the policy rate identified from high-frequency data. We find that housing tenure reacts more strongly to unexpected changes in the policy rate in Germany and Switzerland –the OECD countries with the lowest home ownership ...
2018| Winfried Koeniger, Marc-Antoine Ramelet
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Refereed essays Web of Science
Despite political efforts, balancing work and family life is still challenging. This paper provides novel evidence on the effect of firm level interventions that seek to reduce the work–life conflict. The focus is on how childcare support affects the well-being, working time, and caring behaviour of mothers with young children. Since the mid-2000s and pushed by public policies, in Germany an increasing ...
In:
Oxford Economic Papers
71 (2019), 1, S. 95-118
| Verena Lauber, Johanna Storck
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Refereed essays Web of Science
We investigate the importance of firm-bank relationships for the international transmission of bank distress to the real economy. Using a large panel of matched financial statements of firms of all sizes and their relationship banks in Germany, we find that banks with losses from proprietary trading activities during the 2007/8 financial crisis decreased their lending, and that their firm customers ...
In:
Journal of Financial Intermediation
41 (2020), 100773, 14 S.
| Nadja Dwenger, Frank M. Fossen, Martin Simmler
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Refereed essays Web of Science
Minimum prices above the competitive level can lead to allocative inefficiencies. We investigate whether this effect is more pronounced when decision makers are influenced by their social environment. Using data of minimum prices for renewable energy production in Germany, we test if individual decisions to install photovoltaic systems are affected by the investment decisions of others in the area. ...
In:
Energy Economics
78 (2019), S. 350-364
| Justus Inhoffen, Christoph Siemroth, Philipp Zahn
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Refereed essays Web of Science
This study investigates how the durations of childcare leaves taken by mothers and fathers in Germany relate to the gender division of housework and childcare after labour market return. It examines to what extent changes in economic resources because of leave take-up may account for adaptations in the division of domestic work of dual-earner couples. Using data from the German Socio-Economic Panel ...
In:
European Societies
21 (2019), 1, S. 158-180
| Pia S. Schober, Gundula Zoch
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Refereed essays Web of Science
A time-varying parameters Bayesian structural vector autoregression (TVP-BVAR) model with stochastic volatility is employed to characterize the monetary policy stance of the Bank of Canada (BoC) in terms of an interest rate rule linking the policy rate to the output gap, inflation and the exchange rate. Using quarterly bilateral Canadian–US data, we find such an interest rate rule to have little explanatory ...
In:
Empirical Economics
55 (2018), 2, S. 471-494
| T. Philipp Dybowski, Max Hanisch, Bernd Kempa
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Personnel news
Marie Le Mouel, who worked at the Firms and Markets department, has successfully defended her dissertation at the Technische Universität Berlin.
The dissertation with the title "Knowledge-Based Capital and Firm Productivity" was supervised by Prof. Dr. Tomaso Duso (Technische Universität Berlin, DIW Berlin) and Prof. Dr. Alexandra Spitz-Oener (Humboldt-Universität zu Berlin).
We congratulate ...
21.12.2018
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Report
Last week, 12 new Ph.D. graduates received their certificates. In a festive ceremony with musical accompaniment, the new Ph.D.s were honored by the Graduate Center dean Prof. Georg Weizsäcker Ph.D. and the head of the Potsdam Institute for Climate Impact Research (PIK) Hans Joachim Schellnhuber who held the commencement speech.
We wish each and every one much success in their future careers! ...
21.12.2018
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Personnel news
Tomaso Duso was elected as an academic member in the Stearing Committee of the Association of Competition Economics (ACE) starting on 1st January 2019.
ACE was created in 2003 and brings together competition economists working in government, academia and the private sector. It provides a forum for discussion and debate on competition-related policies and specific cases. It is a not-for-profit ...
21.12.2018
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Report
Wishing you the happiest of holidays and a healthy and successful 2019.
On behalf of the whole SOEP team at DIW Berlin.
Please note that the SOEP-FDZ is closed from December 21, 2018 until January 4, 2019!
21.12.2018