The (re-)introduction of rent regulation in the form of rent controls, tenant protection or supply rationing is back on the agenda of policymakers in light of rent inflation in many global cities. While rent control as social policy promises short-term relief, economists point to their negative long-run effects on new construction. This paper present long-run data on both rent regulation and housing ...
After failing to fully recover from the last financial crisis, the pandemic poses major new challenges for banks. However, this time, banks are not the problem, but part of the solution. By providing credit to the economy, banks play a crucial role in fighting the pandemic by ensuring the transmission of fiscal and monetary stimulus to the economy. Nevertheless, banks are not among the winners of...
Growing prosperity among its population and an inherent increasing demand for energy complicate China’s target of combating climate change, while maintaining its economic growth. This paper, therefore, describes three potential decarbonization pathways to analyze different effects for the electricity, transport, heating, and industrial sectors until 2050. Using an enhanced version of the multi-sectoral, ...
Jonas Jessen, doctoral student at the DIW Graduate Center and research assistant in the Education and Family Department, receives the BeNA Innovative Research Award 2019. We congratulate Jonas for the award, which is presented annually by the Berlin Network for Employment Research (BeNA) for outstanding scientific contributions. For his paper with the title "A Firm-Side Perspective on Parental Leave ...
A large literature documents effects of parental leave on mothers' labour market outcomes, yet we know very little about the effects on their firms and co-workers. We use unique administrative data that covers the universe of employees subject to social security and firms in Germany to address this question. We first establish some novel stylised facts in parental leave-taking ...
In the last decade, many parts of the world experienced severe increases in agricultural land prices. This price surge, however, did not take place evenly in space and time. To better understand the spatial and temporal behavior of land prices, we employ a price diffusion model that combines features of market integration models and spatial econometric models. An application of this model to farmland ...
