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Productive Efficiency and Ownership When Market Restructuring Affects Production Technologies

While the link between the ownership and productive efficiency of firms has been discussed extensively, no consensus exists regarding the superiority of one or the other in non-competitive, regulated environments. This paper applies a flexibleproduction model to test for efficiency differences associated with ownership types while allowing the production to adapt to market restructuring over time. ...

Estimation of Structural Impulse Responses: Short-Run versus Long-Run Identifying Restrictions

There is evidence that estimates of long-run impulse responses of structural vector autoregressive (VAR) models based on long-run identifying restrictions may not be very accurate. This finding suggests that using short-run identifying restrictions may be preferable. We compare structural VAR impulse response estimates based on long-run and short-run identifying restrictions and find that long-run ...

The Performance of Immigrants in the German Labor Market

This paper uses a large survey (SOEP) to update and deepen our knowledge about the labor market performance of immigrants in Germany. It documents that immigrant workers initially earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for immigrants from advanced countries, with good German language skills, and with a German degree, and larger ...

Cohort Differences in Psychosocial Function over 20 Years: Current Older Adults Feel Less Lonely and Less Dependent on External Circumstances

Background: Lifespan psychological and life course sociological perspectives indicate that individual development is shaped by social and historical circumstances. Increases in fluid cognitive performance over the last century are well documented and researchers have begun examining historical trends in personality and subjective well-being in old age. Relatively less is known about secular changes ...

Introduction of Nodal Pricing into the New Mexican Electricity Market through FTR Allocations

The change from a subsidized zonal pricing system to a full nodal pricing regime in the new Mexican electricity market could improve the efficiency of electricity system operation. However, resulting price modifications might also swing surplus across producers and consumers. In this paper, we calculate nodal prices for the Mexican power system and further analyze how allocations of financial transmission ...

On Differentiating Adaptation from Disposition Concepts: The Case of Age-Associated Dynamics of Life Satisfaction ; Commentary

A German debate over the future of Europe is long overdue

The op-ed was first published on FT.com on February 28, 2017.  The emergence of Martin Schulz as the centre-left Social Democrats’ (SPD) candidate for chancellor has fundamentally altered the dynamics of German politics. It is also changing the debate in Germany on inequality and the future of Europe in ways that will have a significant impact across the continent. Germany is regarded ...

SOEPcampus@Universität Mannheim 2017

This year's SOEPcampus@University of Mannheim Workshop "Längsschnittdatenanalyse mit dem Sozio-oekonomischen Panel (SOEP)" will take place from June 26-28 (workshop held in German). Registration: Please use the online registration form and/or contact Deborah Gottinger-Würtz soeporga@mail.uni-mannheim.de

Policy goals in the eyes of the public: preservation of the liberal democratic order remains most important

More than just a few politicians and scientists see an imbalance in policy’s primary orientation toward economic goals, especially the Gross Domestic Product (GDP). In view of scientific and public discourses on prosperity, this report analyzes how voting-eligible Germans, the electorate, rated the significance of different policy areas in 2013 and again at the beginning of 2017. It is based ...

Improving the quality of care for the elderly is of high relevance for all age groups: six questions for Marco Giesselmann

Mr. Giesselmann, you studied how eligible voters in Germany judge the importance of various policy goals in 2013 and again at the beginning of this year. Which policy goals appeared in your survey? We asked questions about direct economic aspects, including per capita income as well as indicators of income and wealth. Secondly, we asked about social aspects such as the employment rate, education rate, ...