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DIW Discussion Papers 1869 / 2020
This paper analyzes the causal relationship between institutional diversity in domestic banking sectors and bank stability. We use a large bank- and country-level unbalanced panel data set covering the EU member states’ banking sectors between 1998 and 2014. Constructing two distinct indicators for measuring institutional diversity, we find that a high degree of institutional diversity in the domestic ...
2020| Christopher F. Baum, Caterina Forti Grazzini, Dorothea Schäfer
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SOEPpapers 1073 / 2020
Retired parents might invest time into their adult children by providing childcare. Such intergenerational time transfers can have important implications for family decisions. This paper estimates the effects of parental retirement on adult children’s fertility. We use representative panel data from Germany to link observations on parents and adult children. We exploit eligibility ages for early retirement ...
2020| Peter Eibich, Thomas Siedler
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SOEPpapers 1081 / 2020
We study the impact of the business cycle on mental wellbeing by linking rich German survey data to over a decade of detailed gross domestic product information. Endogeneity concerns are tackled using a shift-share instrumental variables approach in which exposure to macroeconomic fluctuations is estimated from regional variations in historical industry sector composition. Estimation results reveal ...
2020| Daniel Avdic, Sonja C. de New, Daniel A. Kamhöfer
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Brown Bag Seminar Industrial Economics
This is an online seminar using Webex. You will receive the login data with the invitation to the talk.
Abstract: In the last ten years, Google, Apple, Facebook, Amazon, and Microsoft (GAFAM) acquired more than 400 companies, predominantly in the technological sector. Competition authorities did not scrutinize most of these transactions, as they did not reach the traditional thresholds,...
20.05.2020| Pauline Affeldt
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SOEP Brown Bag Seminar
In this study we estimate the hidden cost of restrictive migration policies and highlight the need for health-related support among refugees. The traumatic events asylum seekers experience at origin due to exposure to violent conflict and during the journey to the EU may have lasting negative effects on their economic and social integration in the destination country. We hypothesize that...
20.05.2020| Teresa Freitas-Monteiro (PhD Candidate, IAB), Lars Ludolph (PhD Candidate, LSE)
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DIW Weekly Report 19/20 / 2020
Market participants are generally in agreement that the coronavirus pandemic will have a severe impact on the European economy, but it is difficult to predict the length and extent of the pandemic’s effects. However, using the yield curves of corporate bonds, we can reach some preliminary conclusions about the impact of the pandemic. The expectations of financial market participants are revealed in ...
2020| Stephanie Ettmeier, Chi Hyun Kim, Alexander Kriwoluzky
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Research Project
In the project, the differences between the German and Austrian pension systems are to be systematized and analyzed on the basis of administrative microdata and dynamic simulation models. In contrast to the previous use of stylized biographies or empirical averages, the added value of the project lies in the analysis based on microdata as well as in the differentiated consideration of individual...
Current Project| Public Economics
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Conference
The tremendous growth of digital transactions has profoundly affected the way we interact, opening vast opportunities to improve our lives. Consumers have benefited from an unprecedented proliferation of new services and products that previously were simply too costly to be developed and marketed to customers. These digital interactions create vast amounts of data. While firms are already using...
26.06.2020| Daniel Björkegren, Joanna Bryson, Anna Christmann, Cass Sunstein, Hannes Ullrich
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SOEPpapers 1088 / 2020
Unhealthy behavior can be extremely costly from a micro- and macroeconomic perspective and exploring the determinants of such behavior is highly important from an economist’s point of view. We examine whether locus of control (LOC) can explain alcohol consumption as an important domain of health behavior. LOC measures how much an individual believes in the causal relationship between her own actions ...
2020| Marco Caliendo, Juliane Hennecke
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Research Project
In many dynamic decision problems, the relevant market prices and budget constraints are random variables whose realizations lie in the future. This makes optimal decision-making difficult as optimality requires an accurate quantification and interpretation of the dynamic processes operating in the market. The studies in this project model and test the agents’ expectations about relevant...
Completed Project| Public Economics