-
Seiten
About
Overview – Current Semester
Goal The seminar intends to provide a platform for discussing current research in the field of macroeconomics, financial markets, and applied econometrics. The public is invited to attend. Please contact the coordinators if you want to be put on the mailing list.
Time Tuesday, 4:15 to 5:30 p.m.
Place The Berlin Macro Seminar will take place in ...
-
Refereed essays Web of Science
We investigate the impact of competition policy enforcement on the functioning of European energy markets while accounting for sectoral regulation. For this purpose, we compile a novel dataset on the European Commission's (EC) and EU member states' competition policy decisions in energy markets and combine it with firm- and sector-level data. We find that EC merger policy has a positive and robust ...
In:
The Energy Journal
40 (2019), 5, S. 97-120
| Tomaso Duso, Jo Seldeslachts, Florian Szücs
-
Weitere referierte Aufsätze
Second generation rent control seeks to prevent negative quantity effects by exempting newly built units. The artificially lowered rent in the controlled segment makes renting attractive for households that would otherwise not have rented in the market, replacing households with higher willingness to pay for housing. These households bid up prices in the free market segment, giving rise to an opposite-sign ...
In:
AEA Papers and Proceedings
109 (2019), S. 385-388
| Andreas Mense, Claus Michelsen, Konstantin A. Kholodilin
-
Refereed essays Web of Science
Using an experiment, we demonstrate that a communication regime in which a worker communicates about his intended effort is less effective in: (i) soliciting truthful information; and (ii) motivating effort than one in which he communicates about his past effort. Our experiment uses a real-effort task, which additionally allows us to demonstrate the effects of communication on effort over time. We ...
In:
The Economic Journal
130 (2020), 630, S. 1623–1649
| Puja Bhattacharya, Kirby Nielsen, Arjun Sengupta
-
Seiten
Social Media Hub
-
Refereed essays Web of Science
In most previous research on the determinants of Life Satisfaction (LS), there has been an implicit assumption that ‘one size fits all’. That is, it has usually been assumed that the covariates of LS are the same for everyone, or at least everyone in the Western world. In this paper, using data from the long-running German Socio-Economic Panel (1984-), we estimate statistical models to assess the effects ...
In:
Social Indicators Research
145 (2019), 2, S. 581-613
| Bruce Headey, Gert G. Wagner
-
Refereed essays Web of Science
Using panel data of 17 OECD countries for 1980–2011, we find that the distributional consequences of fiscal consolidations depend significantly on the level of private indebtedness. Austerity leads to a strong and persistent increase in income inequality during periods of private debt overhang. In contrast, there are no discernible distributional effects when private debt is low. This result is robust ...
In:
European Journal of Political Economy
57 (2019), S. 89-106
| Mathias Klein, Roland Winkler
-
Seiten
Overview - Current Semester
About the Seminar
Time Tuesday, 11.30-12.30
Place Anna-J.-Schwartz-Room
Seminar of the Macro Department - Overview
-
SOEPpapers 1038 / 2019
Depression affects the way that people process information and make decisions, including those involving risk and uncertainty. Our objective is to analyze the way that depressive episodes shape risk preferences and risk-taking behaviors. We are the first to address this issue using large-scale, representative panel data that include both behavioral and stated risk preference measures and a theoretical ...
2019| Deborah A. Cobb-Clark, Sarah Dahmann, Nathan Kettlewell
-
Refereed essays Web of Science
Different bootstrap methods and estimation techniques for inference for structural vector autoregressive (SVAR) models identified by generalized autoregressive conditional heteroskedasticity (GARCH) are reviewed and compared in a Monte Carlo study. The bootstrap methods considered are a wild bootstrap, a moving blocks bootstrap and a GARCH residual based bootstrap. Estimation is done by Gaussian maximum ...
In:
Journal of Economic Dynamics & Control
101 (2019), S. 41-61
| Helmut Lütkepohl, Thore Schlaak