The DIW Graduate Center is pleased to offer a workshop on giving scientific presentations. It is designed for all doctoral students and researchers at the DIW who would like to improve their skills in talking in front of an audience. Please register with Laura Starck (lstarck@diw.de) by Novemver 1st, 2024 for the workshop. Please note: Registrations will be accepted on a first-come, first-served...
Dr. Velazquez will share insights into various administrative datasets provided by the Bank of Mexico. The goal is to foster collaboration between the bank and the Berlin Econ-Cluster.
For the design of the pension system, it is crucial to disentangle the employment responses related to the substitution effect and the income effect. In this paper, we provide causal evidence regarding the importance of the income effect, which is generally assumed to be small or non-existent. We exploit a pension reform in Germany that raised pension bene- fits related to children. For the identification, ...
Dieses Manuskript ist gerade im Begutachtungsprozess beim International Journal of Public Health (IJPH).
In this study, we analyze a reform to better balance income taxation, social contributions and means-tested social benefits. In order to relieve low-wage earners and middle classes, the employee contributions to social security are to be integrated into the personal income tax and the top income tax rates are to be increased. In addition, families with low and middle income are to be relieved and...
Power systems with increasing shares of wind and solar power generation have higher capital costs and lower operational costs than power systems based on fossil fuels. This increases the importance of the financing costs for total system cost. We quantify how renewable energy support policies can affect the financing costs by addressing regulatory risk and facilitating hedging. We use interview data ...
We analyze how tariff design incentivizes households to invest in residential photovoltaic and battery storage systems, and explore selected electricity sector effects. To this end, we develop an open-source electricity sector model that explicitly features prosumage agents and apply it to German 2030 scenarios. Results show that lower feed-in tariffs substantially reduce investments in residential ...
This paper analyzes the effects of bank capital regulation on the link between bank size and volatility. Using bank-level data for 27 advanced economies over the 2000–2014 period, we estimate a power law that relates the volume of a bank’s loan portfolio to the volatility of loan growth. Our analysis reveals, first, that more stringent capital regulation weakens the size-volatility nexus. Hence, in ...
