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Legal History, Institutions and Banking System Development in Africa

This paper links banking systems development to the colonial and legal history of African countries. Specifically, we investigate the impact of differing legal traditions on the development of existing investor and creditor protection, and on African banking systems. Based on a sample of 40 African countries from 2000 to 2016, our empirical findings show a significant dependence of current financial ...

Comparing Self-Reported and Partnership-Inferred Sexual Orientation in Household Surveys

Research comparing heterosexuals with bisexuals and homosexuals in economics and the social sciences typically relies on two strategies to identify sexual orientation in existing survey data of general populations. Probing respondents to self-report their sexual orientation is generally considered the preferred option. Since self-reports are unavailable in most large multidisciplinary surveys, often ...

Is Monetary Policy Gender Neutral? Evidence from the Stock Market

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 ...

Merger Efficiency Gains: Evidence from a Large Transport Merger in France

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 ...

Modeling the Low-Carbon Transition of the European Energy System - a Quantitative Assessment of the Stranded Assets Problem

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 ...

Jonas Jessen receives BeNA Innovative Research Award

Jonas Jessen, doctoral student at the DIW Graduate Center and research assistant in the Education and Family Department, receives the BeNA Innovative Research Award 2019. We congratulate Jonas for the award, which is presented annually by the Berlin Network for Employment Research (BeNA) for outstanding scientific contributions. For his paper with the title "A Firm-Side Perspective on Parental Leave ...

A firm-side perspective on parental leave

A large literature documents effects of parental leave on mothers' labour market outcomes, yet we know very little about the effects on their  firms and co-workers. We use unique administrative data that covers the universe of employees subject to social security and firms in Germany to address this question. We first establish some novel stylised facts in parental leave-taking  ...

Can training help to keep old men in employment? - first draft of the structural model design.

The Potential for Industrial Activity among EU Regions: An Empirical Analysis at the NUTS2 Level

In the last decade, many parts of the world experienced severe increases in agricultural land prices. This price surge, however, did not take place evenly in space and time. To better understand the spatial and temporal behavior of land prices, we employ a price diffusion model that combines features of market integration models and spatial econometric models. An application of this model to farmland ...

Nuclear Power Worldwide: Development Plans in Newcomer Countries Negligible

At just 4.4 percent, the contribution made by nuclear power to meeting the world’s primary energy requirements is marginal and on the decline. The current nuclear power fleet is outdated with around 200 plants due to be phased out over the next ten years compared to as few as 46 new nuclear power plants under construction worldwide. Yet the nuclear industry, particularly the World Nuclear Association ...