Search

Time to Care? The Effects of Retirement on Informal Care Provision

This paper analyzes the impact of women's retirement on their informal care provision. Using SOEP data, we address fundamental endogeneity problems by exploiting variation in the German pension system in two complementary ways. We find a significant effect of retirement on informal care provision, when using early retirement age thresholds as instruments. Heterogeneity analyses confirm the underlying ...

The Long-Term Effects of World War II Destruction on Private Wealth in Germany

The physical destructions, expropriations, resettlements, and interruptions of international trade during Second World War caused a sharp reduction of wealth levels and inequality in many countries (Piketty, 2014). In Germany, an estimated 20 percent of the West German housing stock was destroyed. This paper assesses whether the effects of this destruction are measurable in the...

Trajectories of Big Five Personality Traits: A Coordinated Analysis of 16 Longitudinal Samples

This study assessed change in self-reported Big Five personality traits. We conducted a coordinated inte-grative data analysis using data from 16 longitudinal samples, comprising a total sample of over 60 000 participants.We coordinated models across multiple datasets and fit identical multi-level growth models to assess and compare theextent of trait change over time. Quadratic change was assessed ...

Heteroskedastic Proxy Vector Autoregressions

In proxy vector autoregressive models, the structural shocks of interest are identified by an instrument. Although heteroskedasticity is occasionally allowed for, it is typically taken for granted that the impact effects of the structural shocks are time-invariant despite the change in their variances. We develop a test for this implicit assumption and present evidence that the assumption of time-invariant ...

Effects of flexible digitized working opportunities on informal care and housework

Working from home can benefit work–family balance, but, due to the gendered meaning of flexibility, risks increasing the unequal allocation of unpaid care work in couples. Does working from home increase the within-couple gender care gap? To address this question, we use linear panel data models based on German Socio-Economic Panel data from 1997 to 2014. The results indicate that working...

Make the European Green Deal Real – Combining Climate Neutrality and Economic Recovery

Germany Hit Hard by the Global Recession as Uncertainty Weighs Heavy: Editorial

Coronavirus Pandemic Plunging Global Economy into a Serious Recession: DIW Economic Outlook

The consequences of the ongoing 2020 coronavirus pandemic are leaving deep marks on the global economy. In the first quarter of 2020, global production sank by 15.5 percent over the course of the worldwide lockdown. Since containment measures in many countries were mainly implemented during the second quarter of 2020, the slump in the first half of 2020 is likely to be even more severe overall. Due ...

German Economy Slowly Recovering Following a Deep Slump: DIW Economic Outlook

The coronavirus recession has left deep marks on the German economy and despite economic policy action, it is likely to heal only slowly. The partial easing of the lockdown and a gradual revival of global value chains are generating positive stimuli, but massive income losses will curb demand for some time to come. The German Federal Government was able to avoid the worst by implementing measures to ...

Where Does the Fair Trade Money Go? How Much Consumers Pay Extra for Fair Trade Coffee and How This Value Is Split along the Value Chain

Fair Trade certification aims at transferring wealth from the consumer to the farmer; however, coffee passes through many hands before reaching final consumers. Bringing together retail, wholesale, and stock market data, this study estimates how much more consumers are paying for Fair Trade-certified coffee in US supermarkets and finds estimates around $1.50 per lb. The study then assesses how this ...