-
Weekly Report
By Elke Holst and Katharina Wrohlich
The gender quota for supervisory boards is continuing to show its impact: the proportion of women on the supervisory boards of the 200 highest-performing companies in Germany increased by over two percentage points to 27 percent the past year. In the 100 largest companies, it increased by over three percentage points to 28 percent. However, there are now indications ...
18.01.2019| Elke Holst, Katharina Wrohlich
-
Weekly Report
By Elke Holst and Katharina Wrohlich
The proportion of women on executive boards of the 100 largest banks stagnated at almost nine percent in 2018. In the 60 largest insurance companies, the proportion increased by a good percentage point to almost ten percent. While growth on executive boards has been weakening in past years, it is now slowing down on supervisory boards in the financial sector as ...
18.01.2019| Elke Holst, Katharina Wrohlich
-
DIW Weekly Report 3 / 2019
The gender quota for supervisory boards is continuing to show its impact: the proportion of women on the supervisory boards of the 200 highest-performing companies in Germany increased by over two percentage points to 27 percent the past year. In the 100 largest companies, it increased by over three percentage points to 28 percent. However, there are now indications that the companies are only doing ...
2019| Elke Holst, Katharina Wrohlich
-
DIW Weekly Report 3 / 2019
The proportion of women on executive boards of the 100 largest banks stagnated at almost nine percent in 2018. In the 60 largest insurance companies, the proportion increased by a good percentage point to almost ten percent. While growth on executive boards has been weakening in past years, it is now slowing down on supervisory boards in the financial sector as well. In 2018, the proportion of women ...
2019| Elke Holst, Katharina Wrohlich
-
Refereed essays Web of Science
We argue that the vast bulk of movements in aggregate real economic activity during the Great Recession were due to financial frictions. We reach this conclusion by looking through the lens of an estimated New Keynesian model in which firms face moderate degrees of price rigidities, no nominal rigidities in wages, and a binding zero lower bound constraint on the nominal interest rate. Our model does ...
In:
American Economic Journal: Macroeconomics
7 (2015), 1, S. 110-167
| Lawrence J. Christiano, Martin S. Eichenbaum, Mathias Trabandt
-
Refereed essays Web of Science
This paper investigates the macroeconomic risks associated with undesirably low inflation using a medium-sized New Keynesian model. We consider different causes of persistently low inflation, including a downward shift in long-run inflation expectations, a fall in nominal wage growth, and a favorable supply-side shock. We show that the macroeconomic effects of persistently low inflation depend crucially ...
In:
European Economic Review
88 (2016), S. 88-107
| Jonas E. Arias, Christopher Erceg, MathiasTrabandt
-
Externe Working Papers
A rich literature links knowledge inputs with innovative outputs. However, most of what is known is restricted to manufacturing. This paper analyzes whether the three aspects involving innovative activity - R&D; innovative output; and productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015), allows for causal interpretation of ...
Bonn:
IZA,
2018,
46 S.
(Discussion Paper Series / Forschungsinstitut zur Zukunft der Arbeit ; 12035)
| David Audretsch, Marian Hafenstein, Alexander S. Kritikos, Alexander Schiersch
-
Refereed essays Web of Science
We develop and estimate a general equilibrium search and matching model that accounts for key business cycle properties of macroeconomic aggregates, including labor market variables. In sharp contrast to leading New Keynesian models, we do not impose wage inertia. Instead we derive wage inertia from our specification of how firms and workers negotiate wages. Our model outperforms a variant of the standard ...
In:
Econometrica
84 (2016), 4, S. 1523-1569
| Lawrence J. Christiano, Martin S. Eichenbaum, Mathias Trabandt
-
Externe Monographien
Maintaining high social and environmental standards may be costly in the short term, but these high standards are also key drivers for productivity, growth and sustained long-term technological development. Germany’s general approach is actively shaping the social and ecological character of its economy through appropriate regulation, promoting private initiative and innovation and supporting development ...
Bonn:
GIZ,
2018,
35 S.
| Lars Handrich, Alexander Kritikos, Anselm Mattes, Franziska Neumann
-
Externe Working Papers
We analyze the top tail of the wealth distribution in Germany, France, and Spain based on the first and second wave of the Household Finance and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household surveys, we integrate big fortunes from rich lists, estimate a Pareto distribution, and impute the missing rich. In addition to the Forbes list, we rely on national rich ...
Seville:
European Commission,
2018,
53 S.
(JRC Technical Reports : JRC Digital Economy Working Paper ; 2018-04)
| Stefan Bach, Andreas Thiemann, Aline Zucco