Diese Dissertation beantwortet verschiedene politikrelevante ökonomische Fragen in den Bereichen Handelspolitik, Geldpolitik, sowie Rohstoffmärkte und Energieökonomik mit Hilfe von strukturellen Vektorautoregressionsmodellen (SVAR). SVARs stellen eine effektive Möglichkeit dar, die Beziehungen zwischen verschiedenen makroökonomischen und/oder Finanzmarkt-Variablen zu modellieren und werden verwendet, ...
Emigrants are less likely to participate in elections in their home country. They are also selfselected in terms of education, gender, age, and political preferences, changing the structure of the origin population. High emigration rates can therefore have a systematic influence on election results. Using administrative migration and voting data, we show that counties in Poland that have experienced ...
Parent-child mismatches in educational aspirations may negatively affect child development. We examine (1) the prevalence of mismatching aspirations across school grades 3–9 (ages 8–15), (2) their stability over time, and (3) whether mismatching aspirations converge to parents’ or to children’s aspirations. We use data from two German National Educational Panel Study cohorts (“kindergarten”: N=4,217, ...
Germany is at the onset of a profound structural change that will have a lasting impact on the dynamics of productivity and economic growth. Global megatrends such as changes in international trade, digitalisation, decarbonisation and demographic change will accelerate structural change and have far-reaching consequences for productivity growth, the international competitiveness of the German economy ...
In Germany, the structural shift away from industry has long been much slower than in other similarly developed countries. Now, it is increasingly being shaped by global megatrends such as digitisation, decarbonisation, demographic change and changing international economic relations. There are significant regional differences in the adaptation processes: urban areas benefit from inno¬vation density ...
Die Projektgruppe Gemeinschaftsdiagnose prognostiziert für das Jahr 2025 einen leichten Zuwachs des Bruttoinlandsprodukts in Deutschland um 0,2 %. Im weiteren Prognosezeitraum stimuliert die expansive Finanzpolitik die Konjunktur. Die Institute prognostizieren für die kommenden beiden Jahre Expansionsraten von 1,3 % und 1,4 %. Strukturelle Problemewie abnehmende Wettbewerbsfähigkeit und der demografische ...
This paper proposes a new way to clarify the relationship between the sovereign-bank nexus and an individual bank’s home bias by employing stress test data from Europe’s most important banks. We use the individual bank’s likelihood to fail in achieving a minimum capital ratio threshold as the dependent variable in a cross-sectional logistic regression approach and compute marginal effects. In further ...
