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Refereed essays Web of Science
When designing stated-choice experiments modellers may consider offering respondents an “indifference” alternative to avoid stochastic choices when utility differences between alternatives are perceived as too small. By doing this, the modeller avoids adding white noise to the data and may gain additional information. This paper proposes a framework to model discrete choices in the presence of indifference ...
In:
Journal of Choice Modelling
22 (2017), S. 13-23
| Francisco J. Bahamonde Birke, Isidora Navarro, Juan de Dios Ortúzar
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Refereed essays Web of Science
We empirically study the effects of broadband internet diffusion on local election outcomes and on local government policies using rich data from the U.K. Our analysis shows that the internet has displaced other media with greater news content (i.e. radio and newspapers), thereby decreasing voter turnout, most notably among less-educated and younger individuals. In turn, we find suggestive evidence ...
In:
Review of Economic Studies
86 (2019), 5, S. 2092-2135
| Alessandro Gavazza, Mattia Nardotto, Tommaso Valletti
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Refereed essays Web of Science
Psychology offers conceptual and analytic tools that can advance the discussion on the nature of risk preference and its measurement in the behavioral sciences. We discuss the revealed and stated preference measurement traditions, which have coexisted in both psychology and economics in the study of risk preferences, and explore issues of temporal stability, convergent validity, and predictive validity ...
In:
Journal of Economic Perspectives
32 (2018), 2, S. 155-172
| Rui Mata, Renato Frey, David Richter, Jürgen Schupp, Ralph Hertwig
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Personnel news
Patricia Gallego-Granados, who works at the Public Economics department, has successfully defended her dissertation at the Freie Universität Berlin.
The dissertation with the title "Essays on the Gender- and the Part-Time Wage Gap: A Distributional Approach" was supervised by Prof. Dr. Peter Haan (DIW Berlin, Freie Universität Berlin) and Prof. Dr. Christoph Breunig (Humboldt-Universität ...
09.03.2018
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Statement
Marcel Fratzscher, president of the German Institute for Economic Research (DIW Berlin), comments the latest ECB council meeting as follows:
08.03.2018| Marcel Fratzscher
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DIW Discussion Papers 1724 / 2018
The European debt crisis has revealed serious deficiencies and risks on a proper functioning of the monetary union. Against this backdrop, early warning systems are of crucial importance. In this study that focuses on euro area member states, the robustness of early warning systems to predict crises of government debt is evaluated. Robustness is captured via several dimensions, such as the chronology ...
2018| Christian Dreger, Konstantin A. Kholodilin
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Report
More than two years after the “Paris Climate Deal” and the entry into force of the “Sustainable Development Goals”, is Europe ready to take sustainable finance to the next level, making finance work for sustainable development and for protecting our climate? This question was addressed at a high-level event in Berlin on February 22, 2018. The conference was organized by the ...
08.03.2018| Karsten Neuhoff
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DIW Discussion Papers 1725 / 2018
This paper analyzes how subjective expectations about wage opportunities influence the job search decision. We match data on subjective wage expectations with administrative employment records. The data reveal that unemployed individuals over-estimate their future net re-employment wage by 10% on average. In particular, the average individual does not anticipate that wage offers decline in value with ...
2018| Sascha Drahs, Luke Haywood, Amelie Schiprowski
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Berlin Seminar
Damit die EU ihre Klima- und Energieziele für 2030 erfüllt, hat die Europäische Kommission einen neuen Weg eingeschlagen: Alle Mitgliedstaaten sollen im Jahr 2018 umfassende Energie- und Klimapläne für die Dekade 2020 bis 2030 erarbeiten. Zu einem späteren Zeitpunkt sollen außerdem langfristige Dekarbonisierungsstrategien entwickelt werden. Die Gesetzesgrundlage...
05.03.2018| Andreas Löschel, Eva Gerhards, Dieter Kunhenn, Niels Anger
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DIW Europe Lecture
The DIW Europe Lecture is a lecture series by leading policy-makers and academics on the future of Europe. The series aims at fostering and informing the debate on key European policy issues, and at bringing this debate to the heart of Germany's policy-making in Berlin.
Following an outstanding private sector career in which she had served as the first Chairwoman of the international law...
26.03.2018| Christine Lagarde