On December 5, 2019, DIW Berlin honored this year's graduates of the Graduate Center, the BDPEMS and the graduates at DIW. In a festive ceremony DIW President Marcel Fratzscher congratulated all new PhDs and GC Vice Dean Carsten Schröder presented the certificates. The program was musically accompanied by Benedikt Bindewald (violin) and Tabea Schrenk (cello). Back row from ...
The high prevalence of forced migration in recent years has induced a shift in attitudes towards immigrants and refugees and, in turn, increasing xenophobic violence. We address this topic and estimate the effect of xenophobic attacks against refugee shelters on refugees’ mental health. For this purpose, we combine two innovative data sets: administrative records on xenophobic crime by...
We study the literature on school financial education programs for children and youth via a quantitative meta-analysis of 37 (quasi-) experiments. We find that financial education treatments have, on average, sizeable impacts on financial knowledge (+0.33 SD), similar to educational interventions in other domains. Additionally, we document smaller effects on financial behaviors among students (+0.07 ...
We study the local evolution of cultural norms in West Germany in reaction to the sudden presence of East Germans who migrated to the West after reunification. These migrants grew up with very high rates of maternal employment, whereas West German families followed the traditional breadwinner-housewife model. We find that West German women increase their labor supply and that this holds within household. ...
This paper provides evidence that low private contributions to highly subsidised day care constrain mothers from working longer hours. We study the effects of a reform that abolished day care fees in Germany on parental labour supply. The reform removed private contributions to highly subsidised day care in the year before children enter primary school. We exploit the staggered reform across states ...
Regulatory bank levies set incentives for banks to reduce leverage. At the same time, corporate income taxation makes funding through debt more attractive. In this paper, we explore how regulatory levies affect bank capital structure, depending on corporate income taxation. Based on bank balance sheet data from 2006 to 2014 for a panel of EU-banks, our analysis yields three main results: The introduction ...
