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On the Accuracy of Linear DSGE Solution Methods and the Consequences for Log-Normal Asset Pricing

Global Evidence on the Effect of Siblings’ Sex on Personality

Acceptance of Criteria for Health and Driver Scoring in the General Public in Germany

Numerous health insurers offer bonus programmes that score customers’ health behaviour, and car insurers offer telematics tariffs that score driving behaviour. In many countries, however, only a minority of customers participate in these programmes. In a population-representative survey of private households in Germany (N = 2,215), we study the acceptance of the criteria (features) on which the scoring ...

Impact of Mexico's Energy Reform on Consumer Welfare

We study the impact of Mexico's energy reform on the welfare of electricity, liquified petroleum gas, and gasoline consumers between 2010 and 2018. We utilize micro-level data to estimate income and price elasticities. Comparative statics are used to determine subsidy and price influences on consumer surplus. A counterfactual is used to simulate the industry's behavior under non-reform parameters. ...

Scenario Analysis as a Tool for Companies, Investors, and Regulators on the Path to Climate Neutrality

The structural transformation necessary for achieving climate neutrality is characterized by many interdependent changes. Shaping the transition to a zero-emissions economy cannot be based on past data alone, but also requires the definition of future scenarios that are as consistent as possible. The aim of these scenarios is to show how companies are prepared for transformation processes and burdens ...

Equilibrium Effects of Tax Exemptions for Low Pay

Across the world, tax exemptions for jobs with low earnings intend to incite non-participating workers to rejoin the labor market. However, such tax exemptions may also have negative equilibrium effects. The German minijob tax exemption offers a convenient case to identify equilibrium effects as it applies to some but not to other low-wage jobs. We build and estimate a structural job search model with ...

COVID-19: a Crisis of the Female Self-Employed

We investigate how the economic consequences of the pandemic, and of the governmentmandated measures to contain its spread, affect the self-employed – particularly women – in Germany. For our analysis, we use representative, real-time survey data in which respondents were asked about their situation during the COVID-19 pandemic. Our findings indicate that among the self-employed, who generally face ...

COVID-19: a Crisis of the Female Self-Employed

We investigate how the economic consequences of the pandemic, and of the governmentmandated measures to contain its spread, affect the self-employed – particularly women – in Germany. For our analysis, we use representative, real-time survey data in which respondents were asked about their situation during the COVID-19 pandemic. Our findings indicate that among the self-employed, who generally face ...

Intergenerational Effects of Grandparental Care on Children and Parents

Grandparents act as the third biggest care giver besides day care and parental care for children below the age of 6 in most OECD countries. Despite its relevance, the effects of child care provided by grandparents on child and parental outcomes have received little attention in the literature. We investigate the potential impact of grandparental care on children's...

2nd DIW Women’s Finance Summit: The Future of Financial Services – Digitization, Sustainability and Post-Pandemic Growth Models

After failing to fully recover from the last financial crisis, the pandemic poses major new challenges for banks. However, this time, banks are not the problem, but part of the solution. By providing credit to the economy, banks play a crucial role in fighting the pandemic by ensuring the transmission of fiscal and monetary stimulus to the economy. Nevertheless, banks are not among the winners of...