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Refereed essays Web of Science
People’s risk preferences are thought to be central to many consequential real-life decisions, making it important to identify robust correlates of this construct. Various psychological theories have put forth a series of candidate correlates, yet the strength and robustness of their associations remain unclear because of disparate operationalizations of risk preference and analytic limitations in ...
In:
Journal of Personality and Social Psychology
120 (2021), 2, S. 538–557
| Renato Frey, David Richter, Jürgen Schupp, Ralph Hertwig, Rui Mata
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SOEPpapers 1066 / 2020
The subject of emigration from affluent countries, such as Germany, raises the question of who are more likely to leave their highly-industrialized countries known for high living standards, stable political scene and prosperous economy. Using the theory of postmaterialism (Inglehart, 1997) this paper explores emigration intentions of German nationals taking into account country’s specific socio-economic ...
2020| Elena Samarsky
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SOEPpapers 1067 / 2020
The morphology of today’s cities is the result of historic urban developments and ongoing urban transformation resulting in complex urban spatial structures. While functionally as well as spatially, cities are structured into sub-units such as the city center, business districts, residential areas or industrial and commercial zones, their precise localization in the geographic space is sometimes difficult. ...
2020| Michael Wurm, Jan Goebel, Gert G. Wagner, Matthias Weigand, Stefan Dech, Hannes Taubenböck
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SOEPpapers 1068 / 2020
Longitudinal studies have documented improvements in parents’ life satisfaction due to childbearing, followed by postpartum adaptation back to baseline. However, the details underlying this process remain largely unexplored. Based on past literature, set-point theory, and results from an exploratory sample, we investigated empirically how first childbirth affected satisfaction with specific domains ...
2020| Michael D. Krämer, Joseph L. Rodgers
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Refereed essays Web of Science
We estimate the impact of monetary policy on structural reform adoption in the euro area. We identify exogenous ECB policy changes through an event study that extracts the unexpected variation in euro area interest rates on policy announcement days. We find that surprise monetary expansions increase the number of reforms significantly and that the effect is stronger for countries with weaker macroeconomic ...
In:
European Economic Review
122 (2020), 103361, 20 S.
| Malte Rieth, Jana Wittlich
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Refereed essays Web of Science
We investigate the effect of spells of no formal employment of young Germans on their chances of entering the labor market through an apprenticeship. We also study whether the potential negative effects of such spells can be mitigated by publicly provided training measures. In a field experiment, the fictitious applications of three young women were sent to firms advertising apprenticeships for the ...
In:
German Economic Review
20 (2019), 4, S. 706-729
| Dorothea Kübler, Julia Schmid, Robert Stüber
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DIW Discussion Papers 1850 / 2020
This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance allocations in the electricity sector regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of free allocation for power producing installations enables a difference-in-differences strategy. The analysis reveals that a change in al- location levels ...
2020| Aleksandar Zaklan
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DIW Discussion Papers 1841 / 2020
We use US household survey data from 2001-2017 to investigate whether monetary policy has heterogeneous effects on women's and men's financial portfolio decisions by analyzing their equity investment. On the one hand, monetary policy significantly affects the entry decisions of women, but not of men: after a contractionary shock, the probability of women entering the stock market decreases. On the ...
2020| Caterina Forti Grazzini, Chi Hyun Kim
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DIW Discussion Papers 1843 / 2020
Many industries are seeing an increase in concentration, leading to a discussion on the effectiveness of horizontal merger enforcement. The policy debate shows that one of the key arguments put forward when supporting potential mergers is the possibility of realization of merger efficiency gains, specifically in the transport industry. Yet, there exists little empirical evidence on the actual effects ...
2020| Ariane Charpin, Joanna Piechucka
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Refereed essays Web of Science
In this paper, multiple pathways for the European energy system until 2050 are computed, focusing on one of the major challenges of the low-carbon transition: the issue of unused capacities and stranded assets. Three different scenarios are analyzed, utilizing the Global Energy System Model (GENeSYS-MOD) for calculations. A major feature is the introduction of limited foresight and imperfect planning ...
In:
Energy Strategy Reviews
26 (2019), 100422, 15 S.
| Konstantin Löffler, Thorsten Burandt, Karlo Hainsch, Pao-Yu Oei