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Workshop
The 2nd annual Workshop for Women in Macroeconomics, Finance and Economic History is being organized by the DIW Berlin. The aim is to bring together female academic researchers and practitioners to promote and exchange ideas in the field of Macroeconomics, Finance, and Economic History. We invite contributions, including, but not limited to macroeconomic and financial stability, interactions...
03.05.2021| Yoosoon Chang, Caroline Fohlin, Marie Hoerova
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DIW Weekly Report 3 / 2020
The 2008-2010 crisis has shown that authorities were missing crucial information necessary to identify risks to the financial system in an accurate and timely manner. To be prepared for future crises, a range of legislation in Europe and beyond was passed. The scope and depth of information being reported from across the financial system, including previously disregarded segments, have thus significantly ...
2020| Justus Inhoffen, Iman van Lelyveld
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Refereed essays Web of Science
Although unemployment likely entails various externalities, research examining its spillover effects on spouses is scarce. This is the first paper to estimate effects of unemployment on the smoking behavior of both spouses. Using German Socio‐Economic Panel data, we combine matching and difference‐in‐differences estimation, employing the post‐double‐selection method for control variable selection via ...
In:
Health Economics
29 (2020), 2, S. 154-170
| Jakob Everding, Jan Marcus
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DIW Discussion Papers 1844 / 2020
This paper links banking systems development to the colonial and legal history of African countries. Specifically, we investigate the impact of differing legal traditions on the development of existing investor and creditor protection, and on African banking systems. Based on a sample of 40 African countries from 2000 to 2016, our empirical findings show a significant dependence of current financial ...
2020| Samuel Mutarindwa, Dorothea Schäfer, Andreas Stephan
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Refereed essays Web of Science
Research comparing heterosexuals with bisexuals and homosexuals in economics and the social sciences typically relies on two strategies to identify sexual orientation in existing survey data of general populations. Probing respondents to self-report their sexual orientation is generally considered the preferred option. Since self-reports are unavailable in most large multidisciplinary surveys, often ...
In:
Journal of Official Statistics
35 (2019), 4, S. 777-805
| Simon Kühne, Martin Kroh, David Richter
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DIW Discussion Papers 1841 / 2020
We use US household survey data from 2001-2017 to investigate whether monetary policy has heterogeneous effects on women's and men's financial portfolio decisions by analyzing their equity investment. On the one hand, monetary policy significantly affects the entry decisions of women, but not of men: after a contractionary shock, the probability of women entering the stock market decreases. On the ...
2020| Caterina Forti Grazzini, Chi Hyun Kim
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DIW Discussion Papers 1843 / 2020
Many industries are seeing an increase in concentration, leading to a discussion on the effectiveness of horizontal merger enforcement. The policy debate shows that one of the key arguments put forward when supporting potential mergers is the possibility of realization of merger efficiency gains, specifically in the transport industry. Yet, there exists little empirical evidence on the actual effects ...
2020| Ariane Charpin, Joanna Piechucka
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Refereed essays Web of Science
In this paper, multiple pathways for the European energy system until 2050 are computed, focusing on one of the major challenges of the low-carbon transition: the issue of unused capacities and stranded assets. Three different scenarios are analyzed, utilizing the Global Energy System Model (GENeSYS-MOD) for calculations. A major feature is the introduction of limited foresight and imperfect planning ...
In:
Energy Strategy Reviews
26 (2019), 100422, 15 S.
| Konstantin Löffler, Thorsten Burandt, Karlo Hainsch, Pao-Yu Oei
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Refereed essays Web of Science
In this study, we determine the reliability and exogeneity of four popular monetary policy shock measures, namely the narrative series of Romer and Romer (2004), the high-frequency series of Barakchian and Crowe (2013), the high-frequency series of Gertler and Karadi (2015), and the hybrid series of Miranda-Agrippino and Ricco (2018b). To this end, we employ the Proxy-SVAR model and different empirical ...
In:
Economics Letters
184 (2019), 108640, 5 S.
| Stephanie Ettmeier, Alexander Kriwoluzky
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DIW Applied Micro Seminar
Abstract: I derive an optimal benefit-based corporate tax rate formula as a function of the public input elasticity of profits and the (net of) tax elasticity of profits. I argue that the existence of the corporate income tax should be justified by the benefit-based view of taxation: firms should pay tax according to the benefits they receive from the use of the public input. I argue that...
28.02.2020| Simon Naitram, University of the West Indies, Cave Hill