There has been a universal statutory minimum wage in Germany for a good four years, but many employees still do not receive it. This is the finding of new calculations based on the Socio-Economic Panel (SOEP), which have updated noncompliance with the minimum wage for 2017. Even conservative calculations indicate that around 1.3 million people who are entitled to the minimum wage receive a lower wage ...
The administration of U.S. President Donald Trump has promised to stop the ongoing spiralling down of the U.S. coal industry. We discuss the origins of the decline and assess the effects of policy interventions by the Trump administration. We find that, with fierce competition from natural gas and renewables, a further decrease of coal consumption must be expected by the old and inefficient U.S. coal-fired ...
For publication in the series of DIW discussion papers the following may be submitted: Papers by DIW employees, DIW research professors and directors, DIW research affiliates and guest scientists who have spent at least one week at DIW Berlin and thank DIW Berlin in a footnote. Papers submitted will be sent in electronic form to the head of the relevant department at DIW Berlin. ...
The Vienna University of Economics and Business has awarded Julia Schmieder from the Public Economics department with the Prize for Young Researchers, as well as the Prize for Outstanding Contributions to the Economic Policy Debate in Austria. The Graduate Center and its dean Prof. Weizsäcker congratulate her on the success!
Although universal childcare has become an essential tool to support child development, few economic studies analyze its effects on non-cognitive skills and little is known about causal effects on these skills in the long run. In this paper we go beyond short run analyses and examine the long run effects of one additional year of universal childcare on students’ personality traits in adolescence. We ...
DIW president Marcel Fratzscher on the European Central Bank's latest announcements:
Mara Berschkett, from the Graduate Center has been granted a scholarship from the Network for Old Age Provision (Forschungsnetzwerk Alterssicherung) from Ocotber 2019 on. The Dean of the Graduate Center, Prof. Weizsäcker congratulates her on the success!
Jakob Miethe, who works at the International Economics department, has successfully defended his dissertation at the Humboldt-Universität zu Berlin.The dissertation with the title "Offshore Finance and the Economics of Regulation and Reform" was supervised by Prof. Dr. Lukas Menkhoff (DIW Berlin, Humboldt-Universität zu Berlin) and Prof. Marcel Fratzscher, Ph.D. (DIW Berlin, Humboldt-Universität ...
Mobile money is a success story in terms of facilitating account ownership and payments in developing and emerging countries. Today, telecommunication companies offer mobile money services across more than 90 countries. The most popular services are deposits and instant digital money transfers between users. Widespread mobile money adoption is boosting financial inclusion, reducing in transaction costs ...
