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Friederike Lenel receives the best PhD Student Paper Award at the IAREP/SABE Annual Conference 2016

Friederike Lenel, a doctoral student of the Development and Security Department, was awarded the best PhD Student Paper Award for her paper 'Insurance and Solidarity' at the International Association for Research in Economic Psychology Annual Conference 2016 in Wageningen. The paper was written in collaboration with Prof. Dr. Susan Steiner as part of the research project 'Insurance and Private Transfers ...

Paying by the hour: the least appealing option for clients of lawyers

In this study, we analyze a client’s choice of contract in auctions where Dutch law firms compete for cases. The distinguishing feature is that lawyers may submit bids with any fee arrangement they wish. We find robust evidence that bids offering hourly rates are less attractive to clients. Our findings tentatively contradict lawyers’ often-made argument that hourly rates are in a client’s ...

"Clients prefer flat fee contracts": ten questions to Jo Seldeslachts

Mr. Seldeslachts, you analyzed a client’s choice of contract in auctions where Dutch law firms compete for cases. What was the aim of your investigation?   The aim was to look at a completely different environment where lawyers could offer contracts to clients, who were then actually able to choose from among several lawyers and various kinds of contracts. [...] The interview with Jo Seldeslachts, ...

Labour market dynamics with multiple industries

Changes in economic environment often influence industry competitiveness: For example, weaker exchange rates make exporting industries more competitive, higher energy prices benefit energy producers and harm large energy consumers.Thus, industries are important for workers: Employment opportunities vary widely across industries, as do wages. This can best be understood in a model that recognizes...

Florian Mölders receives the best Doctoral Dissertation Award from the University of Duisburg-Essen

Florian Mölders, a DIW Graduate Center alumnus, has received the best Doctoral Dissertation Award from the University of Duisburg-Essen for his doctoral thesis "Development, Trade Agreements and Knowledge Spillovers - Five empirical essays", submitted to the University of Duisburg-Essen in January 2014. His thesis was supervised by Professor Ansgar Belke (University of Duisburg-Essen) and Professor ...

Nina Vogel has successfully defended her disseration

Nina Vogel worked in the SOEP up to April 2016 under a scholarship from the International Max Planck Research School on the Life Course (LIFE). She successfully defended her dissertation on "Contextual Effects on Individual Development of Subjective Well-being in the Second Half of Life" on July 10, 2016 at the Humboldt-Universität zu Berlin (Advisor: Denis Gerstorf).

Paying by the Hour: The Least Appealing Option for Clients of Lawyers

In this study, we analyze a client’s choice of contract in auctions where Dutch law firms compete for cases. The distinguishing feature is that lawyers may submit bids with any fee arrangement they wish. We find robust evidence that bids offering hourly rates are less attractive to clients. Our findings tentatively contradict lawyers’ often-made argument that hourly rates are in a client’s best in ...

Clients Prefer Flat Fee Contracts: Ten Questions to Jo Seldeslachts

Brexit Decision Is Likely to Reduce Growth in the Short Term

The high degree of uncertainty about the United Kingdom’s (UK) economic future following the June 23 Brexit referendum is leading to a flight into safe assets, and will most likely worsen financing conditions for British companies. In addition, companies could reduce investment and postpone hiring decisions. This is likely to start dampening economic growth in the UK in the short term, thus reducing ...

Couple's Labor Supply, Taxes, and the Division of Housework in a Gender-Neutral Lab

We use a lab-in-the-field experiment to investigate intra-couple labor supply decisions and the division of housework under individual and joint income taxation systems. In order to eliminate problems of endogenous intra-couple time use decisions, we exogenously varied not only the taxation system but also the intra-couple roles of primary and secondary earners. Using work effort as a proxy for labor ...