For social and economic reasons, national economies benefit from the inclusion of as many people as possible in financial services. In a cross country study, the present study shows that financial literacy for the general population promotes financial inclusion. This relationship goes beyond the effect of higher economic or financial development. And the effect of higher levels of financial literacy ...
DIW on the 4th and 5th of October, 2017 invited representatives from 14 research institutes across Europe to convene in Berlin. The SET-Nav project under the direction of Vienna University of Technology focuses on establishment of a clean, safe, and efficient energy pathways for the European SET Project. The project partners, including the NTNU Trondheim (Norway), Universidad Comillas Madrid and Fraunhofer ...
The Copernicus Project P2X explores the implementation and validation of “Power-to-X” within the context of the Energiewende. The project is divided into six technology clusters, three of which focus on electrolysis and the other three on catalysis. The work of DIW Berlin is within the first catalysis cluster (FC-B1) and the economies of liquid organic hydrogen carriers (LOHC). The DIW is also...
Since the 2001 reform of the disability pension in Germany, occupational invalidity does no longer qualify for a pension. While before the reform the incapability to work in the former job was sufficient for a pension claim, the new regulations require an incapability to work at all. Yet, cohorts born before 1961 have been exempted from the reform to protect their confidence in former legislation....
The aim of this workshop on behavioral welfare economics is to make advances on welfare economics based on behavioral economics models. The plan is to develop ideas rather than to present finished work. Hence there will be discussion sessions on different topics that take about an hour and that will each be started by one or two 10-15 minute presentations. There will also be two short paper...
The informationally simple approach to incentive regulation applies mechanisms that translate the regulator’s objective function into the firm’s profit-maximizing objective. These mechanisms come in two forms, one based on subsidies/taxes,the other based on constraints/ price caps. In spite of a number of improvements and a good empirical track record simple approaches so far remain imperfect. The ...
Economic theory predicts market failure in the market for early childhood education and care (ECEC) due to information asymmetries. We empirically investigate information asymmetries between parents and ECEC professionals in Germany, making use of a unique extension of the German Socio-Economic Panel Study (SOEP). It allows us to compare quality perceptions by parents and pedagogic staff of 734 ECEC ...
3rd Workshop, Climate Friendly Materials Platform