More than ten years after the outbreak of the Great Financial Crisis and almost ten years since the beginning of the European sovereign debt crisis, questions about the opportunities and risks of debt and debates about debt brakes have remained acute. Debt is the driving force behind investment, economic growth and prosperity: without the indebtedness of private households, companies and governments, ...
Based on a 12 years panel data set for franchised regional rail services, this paper studies the impact of including service quality into an analysis of efficiency differences between the German public transport authorities (PTAs) in using their available public funds. The analysis employs a two-stage efficiency analysis with a Data Envelopment Analysis (DEA) in the first stage and a Tobit panel model ...
Existing long-term energy and climate scenarios are typically a rather simple extrapolation of past trends. Both qualitative and quantitative outlooks co-exist, but they often focus narrowly on individual perspectives, which is opposed to the interlinked and complex nature of energy and climate. Therefore, this study presents a set of novel and multidisciplinary narratives that give insight into four ...
On March 14, the event will take place at the Elinor Ostrom Hall. On March 18 and 19, the event will take place at the Anna J. Schwartz Room 5.2.010.
Dates: 15.04.2019 - 16.04.2019 and 23.04.2019 - 24.04.2019
Location: University of Potsdam, Campus Griebnitzsee, Room 3.06.H01 The content is tailored towards PhD candidates and early career researchers. Registration via workshop@empwifo.uni-potsdam.de by August 1, 2019.
This paper shows that politicians’ pressure to climb the career ladder increases bank risk exposure in their region. Chinese local politicians are set growth targets in their region that are relative to each other. Growth is stimulated by debt-financed programs which are mainly financed via bank loans. The stronger the performance pressure the riskier the respective local bank exposure becomes. This ...
This study investigates whether the expansion of public child care for children aged younger than 3 years in Germany has been associated with individual‐level change in gender ideologies. The authors develop and test a theoretical framework of the short‐term impact of family policy institutions on ideology change. The analysis links the German Family Panel pairfam (2008 to 2015) with administrative ...
