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Worker Personality: Another Skill Bias beyond Education in the Digital Age

We present empirical evidence suggesting that technological progress in the digital age will be biased not only with respect to skills acquired through education but also with respect to noncognitive skills (personality). We measure the direction of technological change by estimated future digitalization probabilities of occupations, and noncognitive skills by the Big Five personality traits from several ...

Pricing Carbon Consumption: A Review of an Emerging Trend

Nearly every carbon price regulates the production of carbon emissions, typically at midstream points of compliance, such as a power plant. Over the last six years, however, policymakers in Australia, California, China, Japan, and Korea implemented carbon prices that regulate the consumption of carbon emissions, where points of compliance are farther downstream, such as distributors or final consumers. ...

The Signaling Role of Fiscal Austerity

I build a model where creditworthy countries may use fiscal austerity to communicate their ability to repay sovereign debt and show that the signaling channel is active only for high levels of asymmetric information. The model generates a negative association between the amount of public information, provided by the rating agencies, and fiscal tightness. Informed by the model predictions, I build a ...

Energy Security with Renewables

The European Energy Union envisages important developments for the power sector: According to the Commission’s modelling, the economic pathway of decarbonizing the energy sector involves 27% of renewable in the European energy mix by 2030. This is backed by a corresponding renewable target, and will most likely result in significantly higher shares of renewables in the power sector....

The Global Economy and Balanced Growth

Under Secretary Sheets’ remarks will address the state of the global economy and emphasize that supply-side and demand-side measures are complementary and that both are necessary to foster strong, sustainable, and balanced growth.

Kantar Public the new branding of TNS Infratest

Since end of September the fieldwork institute conducting the SOEP surveys since more than 30 years has changed its name to Kantar Public. As Kantar Public Germany it remains an independent institute focusing on social and political research. Jürgen Schupp, Director of the SOEP, expects Kantar Public to produce data on a wide range of political and social research topics that meet highe scientific ...

Forced Migration, Arrival in Germany, and First Steps toward Integration

A new representative survey of a total of 4,500 recently arrived refugees to Germany conducted by the Institute for Employment Research (IAB), the Research Centre of the Federal Office for Migration and Refugees (BAMF-FZ), and the German Socio-Economic Panel (SOEP) at the German Institute for Economic Research (DIW Berlin) has generated an entirely new database for analyzing forced migration and the ...

Refugees Have a Strong Educational Orientation: Eight Questions for Jürgen Schupp

IT and Communication Technologies Dominate Adolescent Downtime

Today’s teenagers spend their free time very differently than they did 15 years ago: engagement with IT and communications technologies is now their most significant leisure activity. Representative statistics based on data from the Socio-Economic Panel (SOEP) longitudinal study indicate that Internet and computer-based recreation plays a major role for more than 95 percent of all 17-year-olds in Germany, ...

DIW Europe Lecture with Barry Eichengreen

On Tuesday, December 13, the 3rd DIW Europe Lecture will be held on “The Populist Turn in American Politics: Implications for Europe”. In this lecture Professor Barry Eichengreen, Professor of Economics and Political Science at the University of California at Berkeley, will trace the populist turn in American politics from the late 19th century to the present day. The DIW Europe Lecture ...