Against the background of remunicipalisation trends in European public service sectors, this paper estimates firm-level productivity for German electricity retailers and tests whether the ownership type has a significant impact on productivity. We specify a production function for the retail sector with labour and external services as main inputs, which is estimated using a control function approach. ...
In dieser Studie gehen wir der Frage nach, welche Faktoren die einkommensbedingten Unterschiede in der Mortalität erklären können. Auf der Basis des Sozio-oekonomischen Panels (SOEP) werden ereignisanalytische Modelle der Mortalität ab dem Alter 65 geschätzt, die Auskunft über den Mediatoreffekt von acht Faktorenbündeln geben. Als Mediatoren zwischen Einkommen zum Alter 65 und Mortalität werden Bildung, ...
We investigate the causal effect of age at migration on subsequent educational attainment in the destination country. To identify the causal effect we compare the educational attainment of siblings at age 21, exploiting the fact that they typically migrate at different ages within a given family. We consider several education outcomes conditional on family fixed effects. We take advantage of long running ...
Well-being is often relatively stable across adulthood and old age, but typically exhibits pronounced deteriorations and vast individual differences in the terminal phase of life. However, the factors contributing to these differences are not well understood. Using up to 25-year annual longitudinal data obtained from 4,404 now-deceased participants of the nationwide German Socio-Economic Panel Study ...
What's wrong with macro: why central bank models failed and how to repair them
Masterclasses are a series of one- or two day courses on various topics in Economics, organized by the DIW Graduate Center. The target audience consists of graduate students in Economics at Berlin universities and research institutes. The GC Masterclasses are held on an irregular basis at DIW Berlin (about once a month) and are open to all affiliates of DIW Berlin, those of the BDPEMS program, and...