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Personnel news
Sarah Dahmann, who worked at the department of Socio-Economic Panel until December 2016, has successfully defended her dissertation at Freie Universität zu Berlin.The dissertation with the title „Human Capital Returns to Education – Three Essays on the Causal Effects of Schooling on Skills and Health“ was supervised by Prof. Dr. C. Katharina Spieß (DIW Berlin, Freie Universität ...
14.03.2017
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Report
On Monday, Maurice Obstfeld, IMF chief economist and former economic advisor of Barack Obama, commented on the new IMF-Paper „Labor and product market reforms in advanced economies: fiscal costs, gains, and support” during a DIW Berlin event about „The role of fiscal policy in advancing structural reforms in Europe“. The paper concludes that reforms do not just grow the ...
14.03.2017
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Berlin Applied Micro Seminar (BAMS)
BAMS is a joint seminar by the DIW Berlin, the Hertie School of Governance, the HU Berlin and the WZB.
20.03.2017| Andrea Ichino, European University Institute
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Refereed essays Web of Science
This study empirically analyses how the use of fixed-term employment affects labour productivity of establishments. To this end, a large data set of German manufacturing establishments and various panel data models are used in order to test the expected non-linear relationship between labour productivity and the use of fixed-term employees. The analysis takes into account the possible distortions that ...
In:
International Labour Review
155 (2016), 4, S. 535-562
| Sebastian Nielen, Alexander Schiersch
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Refereed essays Web of Science
We report on two experiments investigating whether there is a gender difference in the willingness to compete against oneself (self-competition), similar to what is found when competing against others (other-competition). In one laboratory and one online market experiment, involving a total of 1,200 participants, we replicate the gender-gap in willingness to other-compete but find no evidence of a ...
In:
The American Economic Review
107 (2017), 5. S. 136-140
| Coren L. Apicella, Elif E. Demiral, Johanna Mollerstrom
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Refereed essays Web of Science
Widespread agreement that a political reform is necessary is no guarantee that it is actually undertaken in a timely manner. There is often a delay before action is taken and reform packages that would be most efficient to implement all at once are often done only gradually. We propose a theoretical model explaining this behavior and show that when voters have present-biased, time-inconsistent preferences, ...
In:
Journal of Public Economic Theory
19 (2017), 3, S. 748-761
| Jisoo Hwang, Johanna Mollerstrom
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Refereed essays Web of Science
We use a tailor-made survey on a Swedish sample to investigate how individuals' relative income affects their demand for redistribution. We first document that a majority misperceive their position in the income distribution and believe that they are poorer, relative to others, than they actually are. We then inform a subsample about their true relative income and find that individuals who are richer ...
In:
The Review of Economics and Statistics
99 (2017), 2, S. 201-212
| Mounir Karadja, Johanna Mollerstrom, David Seim
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Refereed essays Web of Science
This study investigates how the availability and expansion of childcare services for children aged under 3 years relate to the subjective wellbeing of German mothers and fathers. It extends previous studies by examining in more detail the relationship between day-care availability and use, maternal employment and parental subjective wellbeing during early childhood in a country with expanding childcare ...
In:
Journal of European Social Policy
27 (2017), 5, S. 433-446
| Pia S. Schober, Christian Schmitt
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Refereed essays Web of Science
This paper shows that the liquidity risk associated with short-term debt financing can be used to sort insolvent firms out of financial markets when their solvency risk is private information. Notwithstanding this sorting role of short-term debt, unregulated financial firms tend to choose an inefficiently short debt maturity structure. This inefficiency arises for two reasons. First, by issuing more ...
In:
Journal of Financial Intermediation
26 (2016), S. 100-114
| Philipp König, David Pothier
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Refereed essays Web of Science
This paper tests whether an increase in insured deposits causes banks to become more risky. We use variation introduced by the U.S. Emergency Economic Stabilization Act in October 2008, which increased the deposit insurance coverage from $100,000 to $250,000 per depositor and bank. For some banks, the amount of insured deposits increased significantly; for others, it was a minor change. Our analysis ...
In:
Journal of Financial Intermediation
29 (2017), S. 81-102
| Claudia Lambert, Felix Noth, Ulrich Schüwer