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PIAAC-L data distribution - Inititial release of PIAAC-L data

Data from the first wave of the study PIAAC-L have been released on March 31st 2016. PIAAC-L is a joint project of the Leibniz Institute for the Social Sciences (GESIS), the Socio-Economic Panel (SOEP) at DIW Berlin, and the Leibniz Institute for Educational Trajectories (LIfBi). In 2014, around 4,000 people in Germany between the ages of 18 and 67 who had previously taken part in PIAAC 2012 (Programme ...

'Daddy Leave': A Route to Greater Gender Equality in Housework and Childcare?

Spotlight: helicopter money

In the latest Spotlight, DIW President Marcel Fratzscher explains why helicopter money offers the possibility to “circumvent” the banking system and make loans and funding directly available to households and private companies, which would help the ECB to fulfill their price stability mandate again. Video

Spotlight: helicopter money

In the latest Spotlight, DIW President Marcel Fratzscher explains why helicopter money offers the possibility to “circumvent” the banking system and make loans and funding directly available to households and private companies, which would help the ECB to fulfill their price stability mandate again.

Finding the Right Yardstick: Regulation under Heterogeneous Environments

Revenue cap regulation is often combined with systematic benchmarking to reveal the managerial inefficiencies when regulating natural monopolies. One example is the European energy sector, where benchmarking methods are based on actual cost data, which are influenced by managerial inefficiency as well as operational heterogeneity. This paper demonstrates how a conditional nonparametric method, which ...

Occupational Career Attainment of Single Women during Modernization: The Logic of Industrialism Thesis Revisited

Modernization processes are said to have caused major changes in individual social mobility outcomes. Whether the predictions of the logic of industrialism thesis hold for the careers of women is unclear however. This study provides the first systematic account of how regional modernization processes during the nineteenth and twentieth centuries influenced the careers of the female working population. ...

The Bank Lending Channel in a Dual Banking System: Evidence from Malaysia

This paper examines the bank lending channel of monetary transmission in Malaysia, a country with a dual banking system including both Islamic and conventional banks, over the period 1994:01-2015:06. A two-regime threshold vector autoregression (TVAR) model is estimated to take into account possible nonlinearities in the relationship between bank lending and monetary policy under different economic ...

Intergenerational Transfers and Wealth in the Euro-Area: The Relevance of Inheritances and Gifts in Absolute and Relative Terms

Private wealth is a crucial factor for the economic well‐being of households. Key determinants of private wealth include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro‐area countries. First, we investigate the patterns of prevalence and ...

Full or partial retirement? A dynamic discrete choice analysis

We consider forward looking older workers deciding between immediate retirement and working full-time or part-time until a given retirement age. We discuss the advantages and disadvantages of modelling the part-time work decision in the option value and the dynamic programming models.

Heterogeneous Immigrants and Foreign Direct Investment: The Role of Language Skills

We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI – provided that residents of the two countries have few language skills in common. We find a similar effect for immigrants from third countries ...