Companies invest in research and development (R&D) to safeguard their competitive ability and increase productivity. Using extensive company data for Germany, the study shows that manufacturing companies that engage in R&D activities and that are located in a central urban agglomeration are especially productive. They additionally benefit from knowledge created by R&D activities of other companies ...
The human personality predicts a wide range of activities and occupational choices—from musical sophistication to entrepreneurial careers. However, which method should be applied if information on personality traits is used for prediction and advice? In psychological research, group profiles are widely employed. In this contribution, we examine the performance of profiles using the example of career ...
This paper proposes a new nonparametric method of constructing joint confidence bands for impulse response functions of vector autoregressive models. The estimation uncertainty is captured by means of bootstrapping, and the highest density region (HDR) approach is used to construct the bands. A Monte Carlo comparison of the HDR bands with existing alternatives shows that the former are competitive ...
BAMS is a joint seminar by the DIW Berlin, the Hertie School of Governance, the HU Berlin and the WZB.
Joint workshop with FU Berlin, Hebrew University and CRC 190 The aim of the workshop is to bring together scholars from Israel and Germany who pursue research projects on the interrelations between pension systems, demography, and capital markets.
On November 19 Margrethe Vestager was the speaker at the 5th DIW Europe Lecture. Margarethe Vestager is EU Commissioner for Competition and gave her lecture on “How Europe can cooperate to compete”. You may find a review of the event here The DIW Europe Lecture is a lecture series by leading policy-makers and academics on the future of Europe. The series aims at fostering and informing ...
Magdalena Krieger has been awarded a 2018 Joachim Herz Foundation “Add-on Fellowship for Interdisciplinary Economics" in the amount of 12,500 euros. The fellowship’s aim is to support PhD students and post-docs working on interdisciplinary economic questions. The fellowship goes to support her dissertation on immigrant families and their integration into the German labor market.
Multilevel models with persons nested in countries are increasingly popular in cross-country research. Recently, social scientists have started to analyze data with a three-level structure: persons at level 1, nested in year-specific country samples at level 2, nested in countries at level 3. By using a country fixed-effects estimator, or an alternative equivalent specification in a random-effects ...
Using a laboratory experiment, we present first evidence that social image concerns causally reduce the take-up of an individually beneficial transfer. Our design manipulates the informativeness of the take-up decision by varying whether transfer eligibility is based on ability or luck, and how the transfer is financed. We find that subjects avoid the inference both of being low-skilled (ability stigma) ...
