Marvin Petrenz passed his final exam as Specialist in Market and Social Research (FAMS) on July 11, 2016. Congratulations to Marvin, who will continue working on the SOEP team in the area of data management.
Adrian Hille, who joined the DIW Graduate Center in October 2011 and worked at the SOEP until February 2016, defended his dissertation “Developing skills through non-formal learning activities: four essays in the economics of education” on July 19, 2016, at Freie Universität Berlin (Advisors: C. Katharina Spieß, FU Berlin, and Silke Anger, University of Bamberg). His recent ...
This paper employs numerical simulations of the Park and Sabourian (2011) herd model to derive new theory-based predictions for how information risk and market stress influence aggregate herding intensity. We test these predictions empirically using a comprehensive data set of high-frequency and investor-specific trading data from the German stock market. Exploiting intra-day patterns of institutional ...
The Household Finance and Consumption Survey (HFCS) provides information about house-hold wealth (real and financial assets as well as liabilities) from 15 Euro-countries around the year 2010 (first wave). The survey will be the central dataset in this topic in the future. However, several aspects point to potential methodological constraints regarding cross-country comparability. Therefore the aim ...
Concerns about global warming and growing scarcity of fossil fuels require substantial changes in energy consumption patterns and energy systems, as targeted by many countries around the world. One key element to achieve such transformation is to increase energy efficiency of the housing stock. In this context, it is frequently argued that private investments are too low in the light of the potential ...
We propose to investigate the long-run impact of taxes on employment, working hours and wages, contrasting these key labour market outcomes in France and Germany. Few studies have considered these margins jointly when assessing tax incidence. In order to do so, we offer to develop a realistic equilibrium model that draws on the most recent contributions in the microeconomic job search literature....
The aim of the project is to study the economic impact of PIGS provision. The analysis draws on rich data for PIGS in German municipalities. In a first step, we empirically determine the effect of PIGS on corporate location and investment decisions. In doing so, we account for the direct impact as well as for externalities of PIGS provision on corporate activity in neighboring jurisdictions. The...
