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SOEPpapers 861 / 2016
Using German survey data, we investigate the relationship between involuntary job loss and regional mobility. Our results show that job loss has a strong positive effect on the propensity to relocate. We also analyze whether the high and persistent earnings losses of displaced workers can in part be explained by limited regional mobility. Applying an event study approach, which controls for worker ...
2016| Daniel Fackler, Lisa Rippe
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Report
Non-compulsory educational programs including extracurricular school activities, child day care centers, and non-formal educational programs, such as sports or music activities outside of school, make an important contribution to social integration. But to what extent do children and their families actually make use of these voluntary programs? On the basis of the Socio-Economic Panel (SOEP) and the ...
01.09.2016
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Report
It has taken longer for refugees who have been living in Germany for some time, particularly those who arrived between 1990 and 2010, to take up gainful employment than other migrants. These findings are based on data from the Socio-Economic Panel (SOEP) and the IAB-SOEP Migration Sample. In addition, these refugees show a higher rate of unemployment and earn lower incomes by comparison even years ...
01.09.2016
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Report
In Germany, the majority of people tend to find work through friends, acquaintances, and relatives when they first enter the labor market or switch jobs. The same applies to immigrants and their offspring. Integrating refugees into the labor market is considered crucial to their overall integration into society, yet little is known about how they land their first jobs. The present paper attempts to ...
01.09.2016
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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.
17.10.2016| Stephen Ryan, Washington University in St. Louis, Olin Business School
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Refereed essays Web of Science
Situated at the intersection of the literatures on speculative storage and non-renewable commodity scarcity, this paper considers whether changes in persistence have occurred in long-run U.S. prices of the energy commodities crude oil, natural gas and bituminous coal. We allow for a structural break when testing for a break in persistence to avoid a change in the stochastic properties of prices being ...
In:
Energy Economics
59 (2016), S. 96-103
| Aleksandar Zaklan, Jan Abrell, Anne Neumann
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Refereed essays Web of Science
We examine how late-life personality development relates to overall morbidity as well as specific performance-based indicators of physical and cognitive functioning in 1,232 older adults in the Berlin Aging Study II (aged 65-88 years). Latent growth models indicated that, on average, neuroticism and conscientiousness decline over time, whereas extraversion and openness increase and agreeableness remains ...
In:
Journal of Research in Personality
65 (2016), S. 94-108
| Swantje Müller, Jenny Wagner, Johanna Drewelies, Sandra Düzel, Peter Eibich, Jule Specht, Ilja Demuth, Elisabeth Steinhagen-Thiessen, Gert G. Wagner, Denis Gerstorf
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DIW Discussion Papers 1605 / 2016
This paper investigates whether central banks can attenuate excessive mispricing in stocks as suggested by the proponents of a "leaning against the wind" (LATW) monetary policy. For this, we decompose stock prices into a fundamental component, a risk premium, and a mispricing component. We argue that mispricing can arise for two reasons: (i) from false subjective expectations of investors about future ...
2016| Benjamin Beckers, Kerstin Bernoth
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Research Project
The demographic change challenges pay-as-you-go funded pension insurance systems around the world. In particular, the aging of the population increases the group of pension recipients while the group of working contributors decreases. Therefore, most OECD countries have reversed their retirement policies since the 1990s and started to encourage longer working lives to alleviate the decline of the...
Completed Project| Public Economics
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DIW Discussion Papers 1604 / 2016
The achieved international consensus on the 1.5‐2°C target entails that most of current fossil fuel reserves must remain unburned. Currently, a majority of climate policies aiming at this goal are directed towards the demand side. In the absence of a global carbon regime these polices are prone to carbon leakage and other adverse effects. Supply‐side climate policies present an alternative and more ...
2016| Roman Mendelevitch