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  • Refereed essays Web of Science

    Does Financial Literacy Improve Financial Inclusion? Cross Country Evidence

    While financial inclusion is typically addressed by improving the financial infrastructure, we show that a higher degree of financial literacy also has a clear beneficial effect. We study this effect at the cross-country level, which allows us to consider institutional variation. Regarding “access to finance”, financial infrastructure and financial literacy are mainly substitutes. However, regarding ...

    In: World Development 111 (2018), S. 84-96 | Antonia Grohmann, Theres Klühs, Lukas Menkhoff
  • DIW Weekly Report 29 / 2018

    The Greek Private Sector Remains Full of Untapped Potential

    Private businesses’ nominal value added in Greece has fallen by 38 percent over the last ten years. Micro firms were hit particularly hard. Despite efforts to stabilize the macroeconomic environment, there are only weak signs of recovery. Future prospects are not much better, as—with the exception of labor market regulations—the conditions for investments and business activities have not been sufficiently ...

    2018| Alexander S. Kritikos, Lars Handrich, Anselm Mattes
  • Weekly Report

    The Greek private sector remains full of untapped potential

    Private businesses’ nominal value added in Greece has fallen by 38 percent over the last ten years. Micro firms were hit particularly hard. Despite efforts to stabilize the macroeconomic environment, there are only weak signs of recovery. Future prospects are not much better, as—with the exception of labor market regulations—the conditions for investments and business activities have ...

    18.07.2018| Alexander S. Kritikos
  • DIW Discussion Papers 1748 / 2018

    Interactions in Fixed Effects Regression Models

    An interaction in a fixed effects (FE) regression is usually specified by demeaning the product term. However, this strategy does not yield a genuine within estimator. Instead, an estimator is produced that reflects unit-level differences of interacted variables whose moderators vary within units. This is desirable if the interaction of one unit-specific and one time-dependent variable is specified ...

    2018| Marco Giesselmann, Alexander Schmidt-Catran
  • Refereed essays Web of Science

    ‘Universal’ Early Education: Who Benefits? Patterns in Take‐up of the Entitlement to Free Early Education among Three‐Year‐Olds in England

    For over a decade, all three‐year‐olds in England have been entitled to a free part‐time early education place. One aim of this policy is to close developmental gaps between higher‐income and low‐income children. However, the success of the initiative depends on children accessing the places. Using the National Pupil Database, we examine all autumn‐born four‐year‐olds attending in January 2011, and ...

    In: British Educational Research Journal 44 (2018), 3, S. 515-538 | Tammy Campbell, Ludovica Gambaro, Kitty Stewart
  • Personnel news

    Verena Grass has successfully defended her dissertation

    Verena Grass, has successfully defended her dissertation at the Freie Universität Berlin. The dissertation with the title " Aftermath of financial crises and natural disasters on public budgets" was supervised by Prof. Dr. Helmut Lütkepohl  (DIW Berlin, Freie Universität Berlin) and Prof. Ronny Freier, Ph.D. (DIW Berlin, TH Wildau). We congratulate Verena on her success and wish ...

    17.07.2018
  • DIW Discussion Papers 1752 / 2018

    Social Image Concerns and Welfare Take-Up

    Using a laboratory experiment, we present first evidence that social image concerns causally reduce the take-up of an individually beneficial transfer. Our design manipulates the informativeness of the take-up decision by varying whether transfer eligibility is based on ability or luck, and how the transfer is financed. We find that subjects avoid the inference both of being low-skilled (ability stigma) ...

    2018| Jana Friedrichsen, Tobias König, Renke Schmacker
  • Refereed essays Web of Science

    The Dominance of Introspective Measures and What This Implies: The Example of Environmental Attitude

    The behavioral sciences, including most of psychology, seek to explain and predict behavior with the help of theories and models that involve concepts (e.g., attitudes) that are subsequently translated into measures. Currently, some subdisciplines such as social psychology focus almost exclusively on measures that demand reflection or even introspection when administered to persons. We argue that such ...

    In: PloS one 13 (2018), 2, e0192907 | Siegmar Otto, Ulf Kröhne, David Richter
  • Externe Working Papers

    The Role of Paternal Risk Attitudes in Long-run Education Outcomes and Intergenerational Mobility

    This paper studies the role of paternal risk attitudes in sons’ long-run education outcomes and in the intergenerational transmission of incomes and education. Based on 1984–2012 German Socio-Economic Panel Study data of sons and fathers, I show that fathers’ risk aversion is inversely related to sons’ long-run levels of education. I find signs that sons with risk averse fathers experience lower educational ...

    Zürich: Univ. Zürich, 2015, 27 S.
    (Working Paper / Swiss Leading House on Economics of Education, Firm Behavior and Training Policies ; 114)
    | Mathias Huebener
  • Report

    Call: InGRID Summer school ‘EU-SILC training workshop: Comparative research on migration’

    An additional call for an InGRID Summer school 25 - 26 October 2018at DIW Berlin is open. Deadline for applications: 3 September 2018Information on applications: 11 September 2018 General information The ‘EU-SILC trainings workshop: Comparative research on migration’ aims at training doctoral students or early-career researchers. It is also open to academics, policy practitioners ...

    03.08.2018
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