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Refereed essays Web of Science
The increasing integration of international financial markets means that credit defaults in one country have to be covered by creditors in other countries. If the principle of creditor liability were applied systematically, the financial losses incurred by the financial institution that provided the credit and is thus directly affected by the default would be ‘passed on’ through its domestic and foreign ...
In:
Economic Systems Research
31 (2019), 3, S. 345-360
| Dieter Schumacher
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Refereed essays Web of Science
Does the geographical concentration of ethnic minorities influence their descriptive representation in closed-list systems? Counterintuitive to the idea that single-member district electoral rules are necessary for minorities’ geographical representation, we argue that, in closed-list systems, parties are incentivised to allocate promising list positions to those minority candidates who are based in ...
In:
International Political Science Review
40 (2019), 5, S. 643-658
| Lucas Geese, Diana Schacht
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Refereed essays Web of Science
This paper investigates the link between corporate debt and investment for a group of five peripheral euro area countries. Using firm-level data from 2005 to 2014, we postulate a non-linear corporate leverage-investment relationship and derivethresholds beyond which leverage has a negative and significant impact on investment. The investment sensitivity of debt increased after 2008 when financial distress ...
In:
Journal of International Money and Finance
80 (2018), S. 112-130
| Stefan Gebauer, Ralph Setzer, Andreas Westphal
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DIW Discussion Papers 1745 / 2018
The aim of this paper is to showcase different decarbonization pathways for Germany and Europe with varying Carbon dioxide (CO2) constraints until 2050. The Global Energy System Model (GENeSYS-MOD) framework, a linear mathematical optimization model, is used to compute low-carbon scenarios for Europe as a whole, as well as for 17 European countries or regions. The sectors power, low- and high-temperature ...
2018| Karlo Hainsch, Thorsten Burandt, Claudia Kemfert, Konstantin Löffler, Pao-Yu Oei, Christian von Hirschhausen
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Personnel news
Sascha Drahs, who worked at the Public Economics department, has successfully defended his dissertation at the Freie Universität Berlin.The dissertation with the title "Essays in Public Economics" was supervised by Prof. Dr. Peter Haan (DIW Berlin, Freie Universität Berlin) and Prof. Georg Weizsäcker, Ph.D. (Humboldt-Universität zu Berlin, DIW Berlin).
We congratulate Sascha on ...
10.07.2018
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SOEPpapers 972 / 2018
This paper examines how parental unemployment affects the transition to postsecondary education in different institutional contexts. Drawing on theoretical perspectives in intergenerational mobility research and sociology of higher education, we estimate the extent to which these intergenerational effects depend on social and education policies. We use data from five longitudinal surveys to analyze ...
2018| Kristina Lindemann, Markus Gangl
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SOEPpapers 971 / 2018
This paper studies the intergenerational effects of parental unemployment on students’ transitions after completing upper secondary education. Besides estimating the average treatment effect of parental unemployment on transition outcomes, we also aim to identify the economic, psychological or other intra-familial mechanisms that might be responsible for any adverse impact of parental unemployment ...
2018| Kristina Lindemann, Markus Gangl
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SOEPpapers 970 / 2018
This paper empirically explores the link between mass media coverage of migration and immigration worries. Using detailed data on media coverage in Germany, we show that the amount of media reports regarding migration issues is positively associated with concerns about immigration among the German population. The association is robust to the inclusion of time-variant individual control variables and ...
2018| Christine Benesch, Simon Loretz, David Stadelmann, Tobias Thomas
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Report
„Future of capital funded old age provision in Germany – sovereign wealth funds versus individual retirement accounts“Editors: Timm Bönke, Markus M. Grabka and Carsten SchröderIn May 2018, the German Federal Ministry of Labour and Social Affairs duly convened the pension commission “reliable inter-generational contract (Verlässlicher Generationenvertrag)”. ...
09.07.2018| Markus M. Grabka, Carsten Schröder
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Refereed essays Web of Science
The availability of childcare is a crucial factor for mothers’ labour force participation. While most of the literature examines childcare for preschool children, we specifically focus on primary school-aged children, estimating the effect of formal afternoon care on maternal labour supply. To do so, we use a novel matching technique, entropy balancing, and draw on the rich and longitudinal data of ...
In:
Empirical Economics
57 (2019), 3, S. 769-803
| Ludovica Gambaro, Jan Marcus, Frauke H. Peter