Over the last 20 years, Berlin has developed into Germany’sself-employment capital and into a startup hub. A large number ofinnovative companies have been launched.The city has become aninternationally renowned magnet for creative startups. Mainly usingofficial statistical data, the present report shows that the startuptrendin Berlin is above average compared to other major cities inGermany while it ...
In Berlin, as elsewhere, public investment is critical to an individual’s life satisfaction and a prerequisite for positive economic development. There are many fields of activity for public investment. For instance, the tasks for Berlin include a sustainable transport concept that maintains and develops the local passenger transport network, a sustainable cycle concept, new schools need to be built ...
This paper estimates sibling correlations in cognitive and non-cognitive skills to evaluate the importance of family background for skill formation. Based on a large representative German dataset including IQ test scores and measures of non-cognitive skills, a restricted maximum likelihood model indicates a strong relationship between family background and skill formation. Sibling correlations in non-cognitive ...
Private wealth is a crucial factor for the economic well‐being of households. Key determinants of private wealth include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro‐area countries. First, we investigate the patterns of prevalence and ...
It is heavily discussed whether trade liberalization is good or bad for the poor in a given (developing) country. The answer depends on a wide variety of factors, such as the type of trade barrier removed, the economic and institutional environment in the country, and the characteristics of the poor in that country (Winters 2002; Winters et al. 2004). In addition, the results can also be driven by ...