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Refereed essays Web of Science
We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI outstocks of OECD reporting countries. Applying a Poisson panel estimator to 2004–11 data, we find robust evidence for a positive effect of bilateral immigrants on bilateral FDI-provided that residents of the two countries have few language skills in common. We find a similar effect for immigrants from ...
In:
The World Economy
41 (2018), 6, S. 1529-1548
| Matthias Lücke, Tobias Stöhr
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Refereed essays Web of Science
This paper examines foreign exchange intervention based on novel daily data covering 33 countries from 1995 to 2011. We find that intervention is widely used and an effective policy tool, with a success rate in excess of 80 percent under some criteria. The policy works well in terms of smoothing the path of exchange rates, and in stabilizing the exchange rate in countries with narrow band regimes. ...
In:
American Economic Journal: Macroeconomics
11 (2019), 1, S. 132-156
| Marcel Fratzscher, Oliver Gloede, Lukas Menkhoff, Lucio Sarno, Tobias Stöhr
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Refereed essays Web of Science
We examine intergenerational mobility differences between Germany, Norway, Sweden, and the US. Using ranks, we find that the US is substantially less intergenerationally mobile than the three European countries and that the most mobile region of the US is less mobile than the least mobile regions of Norway and Sweden. Using a linear estimator of income share mobility, we find that the four countries ...
In:
The Scandinavian Journal of Economics
119 (2017), 1, S. 72-101
| Espen Bratberg, Jonathan Davis, Bhashkar Mazumder, Martin Nybom, Daniel D. Schnitzlein, Kjell Vaage
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Refereed essays Web of Science
This paper analyses financial literacy and financial behavior of middle class people living an urban Asian economy. Other than most papers on financial literacy that focus on people in developed countries, we surveyed people living Bangkok. Using standard financial literacy questions, we find that financial literacy levels are largely comparable to industrialized countries, but understanding of more ...
In:
Pacific-Basin Finance Journal
48 (2018), S. 129-143
| Antonia Grohmann
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Sustainable Finance
The final report by the EU high-level expert group on sustainable finance (HLEG) was delivered on 31 January, the Commission, in the meantime, “responded” with an action plan on 8 March and the March European Council will need to take a stance on it as well. More than 2 years after the “Paris Climate Deal” and the entry into force of the “Sustainable Development Goals...
22.02.2018| Richard N. Kühnel, Valdis Dombrovskis, Michael Meister, Christian Thimann, Christian Thimann, Joachim Wuermeling, Kristina Jeromin, Bernhard Goeke, Gerhard Schick, Karsten Loeffler, Alexander Bassen, Mirjam Wolfrum, Steffen Schwartz-Höfler, Silvia Kreibiehl, Katharina Latif, Gerald Podobnik, Matthias Kopp, Olivier Guersent, Levin Holle, Chris Barrett, Christoph Bals , Marcel Fratzscher, Karsten Neuhoff
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Workshop
Attendance by invitation!
11.04.2018
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Refereed essays Web of Science
A flexible coupling of power and heat sectors can contribute to both renewable energy integration and decarbonization. We present a literature review of model-based analyses in this field, focusing on residential heating. We compare geographical and temporal research scopes and identify state-of-the-art analytical model formulations, particularly considering heat pumps and thermal storage. While numerical ...
In:
Applied Energy
212 (2018), S. 1611-1626
| Andreas Bloess, Wolf-Peter Schill, Alexander Zerrahn
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Refereed essays Web of Science
BackgroundThe last decades have seen great advances in the understanding, treatment, and prevention of cardiovascular disease (CVD). Although mortality rates due to CVD have declined significantly in the last decades, the burden of CVD is still high, particularly in older adults. This raises the question whether contemporary populations of older adults are experiencing better or worse objective as ...
In:
PloS one
13 (2018), 1, e0191699
| Maximilian König, Johanna Drewelies, Kristina Norman, Dominik Spira, Nikolaus Buchmann, Gizem Hülür, Peter Eibich, Gert G. Wagner, Ulman Lindenberger, Elisabeth Steinhagen-Thiessen, Denis Gerstorf, Ilja Demuth
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Refereed essays Web of Science
Subsidies for renewable energy sources are increasing around the globe and amounted to more than 100 billion euro in 2013. This study aims to answer whether the subsidies only ensure that green electricity plants are profitable or whether other market participant – as, for example, landowners – benefit from the subsidy in the form of windfall gains as well. To identify the causal effect of the subsidies, ...
In:
Journal of Public Economics
159 (2018), S. 16-32
| Peter Haan, Martin Simmler
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DIW Roundup 120 / 2018
Recent studies have proposed several factors that determine how fiscal consolidations affect the economy. This Roundup focuses on several of these determinants. Namely, it discusses how the composition of the consolidation measure, the state of the business cycle, the level of private indebtedness and the amount of fiscal stress during which the measure is implemented influences the consequences of ...
2018| Mathias Klein