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Blog Marcel Fratzscher
It is in the interest of every EU member state that countries in the Union hit by the coronavirus are able to take the necessary measures to control the pandemic and deal with the economic consequences without being constrained, and to do so very quickly. This column proposes a Covid credit line in the European Stability Mechanism, with allocation across member states proportionate to the severity ...
23.03.2020| Marcel Fratzscher
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DIW Discussion Papers 1855 / 2020
As part of its Green Deal, the European Commission is considering the introduction of border carbon adjustments and alternative measures. The measures, which would primarily apply to basic materials like steel and cement, pursue a double objective: they are aimed at enhancing the effectiveness of carbon pricing for the transition to climate neutrality but also at avoiding carbon leakage risks. When ...
2020| Roland Ismer, Karsten Neuhoff, Alice Pirlot
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DIW Discussion Papers 1854 / 2020
Evidence on the effectiveness of FX interventions is either limited to short horizons or hampered by debatable identification. We address these limitations by identifying a structural vector autoregressive model for the daily frequency with an external instrument. Generally, we find, for freely floating currencies, that FX intervention shocks significantly affect exchange rates and that this impact ...
2020| Lukas Menkhoff, Malte Rieth, Tobias Stöhr
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SOEPpapers 1076 / 2020
This paper uses data from the Migrant Samples of the German Socio-Economic Panel to study the fertility behaviour of women who migrated to Germany between 1990 and 2015. Special emphasis is placed on the large groups of migrants who have moved to Germany from Central and Eastern European (CEE) countries since the 1990s. We find that CEE migrants had higher first birth, but much lower second birth rates ...
2020| Katharina Wolf, Michaela Kreyenfeld
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DIW Weekly Report 11 / 2020
At just 4.4 percent, the contribution made by nuclear power to meeting the world’s primary energy requirements is marginal and on the decline. The current nuclear power fleet is outdated with around 200 plants due to be phased out over the next ten years compared to as few as 46 new nuclear power plants under construction worldwide. Yet the nuclear industry, particularly the World Nuclear Association ...
2020| Lars Sorge, Claudia Kemfert, Christian von Hirschhausen, Ben Wealer
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SOEPpapers
The SOEPpapers are the chief platform for publishing research results based on SOEP data. As SOEP is a multidisciplinary panel, the SOEPpapers publishes work from all social scientific disciplines. SOEPpapers are published on a non-exclusive basis, thereby allowing authors to publish their articles elsewhere if they wish. SOEP encourages that all papers appear in other professional, institutional, ...
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DIW Discussion Papers 1853 / 2020
Incentives for industrial loads to provide demand response on day-ahead and reserve markets are affected both by network tariffs, as well as regulations on the provision of flexibility in different markets. This paper uses a numerical model of the chlor-alkali process with a storable intermediate good to investigate how these factors affect the provision of demand response in these markets. We also ...
2020| Jörn C. Richstein, Seyed Saeed Hosseinioun
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SOEPpapers 1077 / 2020
This article examines heterogeneity in the effect of unemployment on social participation. Whereas existing studies on this relationship essentially estimate mean effects, we use quantile regression methods to provide a broader and more complete picture. To ac-count for the potential endogeneity of job loss, we estimate quantile treatment effects (on the treated) based on entropy balancing and focus ...
2020| Lars Kunze, Nicolai Suppa
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Statement
DIW president Marcel Fratzscher comments today's announcements by the ECB as follows:
12.03.2020| Marcel Fratzscher
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DIW Europe Lecture
This lecture will trace the populist turn in American politics, and identify instances and conditions under which mainstream politicians and parties succeeded and failed in stemming the populist tide.
Barry Eichengreen is George C. Pardee and Helen N. Pardee Professor of Economics and Political Science at the University of California at Berkeley, Research Associate of the National Bureau of...
13.12.2016| Barry Eichengreen