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Unconventional Fiscal Policy in a Heterogeneous-Agent New Keynesian Model

We show that in a New Keynesian model with household heterogeneity, fiscal policy can be a perfect substitute for monetary policy: three simple conditions for consumption taxes, labor taxes, and the government debt level are sufficient to induce the same consumption and labor supply of each household and, thus, the same allocation as interest rate policies. When monetary policy is constrained by a ...

Routes to the Top

Who makes it to the top? We use the leading socio-economic survey in Germany, supplemented by extensive data on the rich, to answer this question. We identify the key predictors for belonging to the top 1 percent of income, wealth, and both distributions jointly. Although we consider many, only a few traits matter: Entrepreneurship and self-employment in conjunction with a sizable inheritance of company ...

Health System Resilience in the Context of Forced Migration: A Qualitative Framework Analysis of Germany’s Crisis Responses in 2015 and 2020

BackgroundHealth system resilience, the ability of a health system to maintain its functions under stress, has received increasing attention in recent years. Shortcomings in health system resilience are often most visible in the most vulnerable settings, including the care for asylum seekers and refugees. We therefore examined how the German health system responded to challenges and uncertainties during ...

Impact of Social Isolation on Mental Health Changes by Socio-Economic Status: A Moderated Mediation Analysis among Non-migrant, Migrant, and Refugee Subpopulations in Germany, 2016–2020

Background: Populations experiencing precarity face heightened mental health inequities, especially during crises. In this regard, it is established that socio-economic status (SES) and social isolation are critical factors influencing mental health outcomes, which interact syndemically. Understanding their interrelated mechanisms is crucial for developing effective public health strategies to support ...

Dealing with Censored Earnings in Register Data

Earnings are often top-coded (right-censored) in administrative registers. The censoring threshold in the case of Germany is the limit value for social security contributions, leading to a substantial fraction of censoring: For example, about 12%of male workers inWest Germany are affected, rising to above 30% for highly educated prime-aged workers. This missing right tail of the earnings distribution ...

SOEP Annual Report 2024: people, projects, and publications

In 2024, SOEP celebrated its 40th birthday with numerous high-profile guests, colleagues, and supporters. But that's not all: with 49 ongoing third-party funded projects, SOEP received a total of 11 million euros in outside funding. The important research focus “Social inequalities and distribution” was further strengthened: the new research group “Life Course and Inequality”, headed by Philipp Lersch, ...

The SOEP Innovation Sample (SOEP-IS)

SOEP Annual Report 2024

Survey Modes

SOEP-Core Samples (A–S)