Although trust is fundamental to social and organizational functioning, media reports and business guidebooks often portray managers as generally distrusting. This study puts the cliché of the distrustful manager to the test. Both self-report and behavioral data from the German Socio-Economic Panel refute this cliché. Individuals in managerial positions neither show a lower level of...
Der Workshop findet im Rahmen des von der Leibniz-Gemeinschaft geförderten KOMIED-Projektes statt. Kommunale Infrastrukturunternehmen stehen vor gewaltigen Herausforderungen. Zu erhöhtem Kostensenkungsdruck und verschärften Wettbewerbs- und Regulierungsvorschriften kommen weitreichende energie- und klimapolitische Zielsetzungen sowie Anforderungen durch den demografischen Wandel....
Abstract: Using a unique panel dataset for English cities I investigate the welfare impact of heritage conservation areas that protect historic districts by regulating development. I estimate a housing cost function and find that conservation area designation over 1997-2007 significantly increased house prices by reducing productivity. In a second step, I construct a quality of life index and...
Social and economic policies are likely to affect individuals not only by the change in financial incentives, but also by a change in the behavior of their social or work environment. It is our goal to determine social interaction effects in the context of employment behavior in Germany. In particular, we analyze whether the labor supply decisions of mothers with young children depend on the...
The global financial crisis has demonstrated that risk at the level of individual financial institutions can harm the stability of the financial system as a whole and, in turn, macroeconomic performance. Building on the concept of granularity, this project investigates how risk at the level of large banks and macroeconomic performance are related. Moreover, it will be explored how regulatory...
Motivated by contradictory evidence on intergenerational mobility in Germany, I present a cross-country comparison of Germany and the U.S., reassessing the question of whether intergenerational mobility is higher in Germany than in the U.S. I can reproduce the standard result from the literature, which states that the German intergenerational elasticity estimates are lower than those for the U.S. However, ...
We study political determinants of municipality amalgamations during a boundary reform in the German state of Brandenburg, which reduced the number of municipalities from 1,489 to 421. The analysis is conducted using data on the political decision makers as well as fiscal and socio-economic variables for the municipalities. We ask whether party representation in the town council influences the merger ...
Not just since the European Central Bank announced the large-scale purchase of government bonds a few weeks ago, large-scale asset purchases have always been a controversially discussed topic. This DIW Roundup summarizes the measures that have been taken by central banks in Japan, USA and UK and the empirical evidence about the impacts of these measures on financial markets and the real economy.
