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Externe Monographien
Increased integration of power systems is one of the prerequisites for the completion of the EU internal energy market – and with it the achievement of higher cross-border transmission capacities between European countries. The Nordic countries have vast potentials in renewable energy, such as wind energy, together with already existing hydropower reservoirs. As part of the Energiewende, the German ...
Berlin:
Agora Energiewende,
2015,
166 S.
| János Hethey, Anders Kofoed-Wiuff, Lars Pauli Bornak, Hans Henrik Lindboe, Simon Sawatzki, Marievi Vestarchi, Klaus Skytte, Jonas Katz, Jonas Egerer, Alexander Zerrahn, Christian von Hirschhausen
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Workshop
The Communications Department and the Graduate Center are pleased to offer a workshop on writing a DIW Wochenbericht. It is designed for all doctoral students at DIW who would like to get an insight into the special requirements for writing a Wochenbericht and policy publications in general. The training will provide practice and guidelines for writing reports targeted at a non-academic audience.
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23.05.2016| Sebastian Kollmann
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SOEPpapers 834 / 2016
This paper estimates sibling correlations in cognitive and non-cognitive skills to evaluate the importance of family background for skill formation. Based on a large representative German dataset including IQ test scores and measures of non-cognitive skills, a restricted maximum likelihood model indicates a strong relationship between family background and skill formation. Sibling correlations in non-cognitive ...
2016| Silke Anger, Daniel D. Schnitzlein
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Refereed essays Web of Science
We study the information in order flows in the world's largest over-the-counter market, the foreign exchange (FX) market. The analysis draws on a data set covering a broad cross-section of currencies and different customer segments of FX end-users. The results suggest that order flows are highly informative about future exchange rates and provide significant economic value. We also find that different ...
In:
The Journal of Finance
71 (2016), 2, S. 601-633
| Lukas Menkhoff, Lucio Sarno, Maik Schmeling, Andreas Schrimpf
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Refereed essays Web of Science
In response to the Great Financial Crisis (GFC), bank regulatory regimes were tightened world-wide to strengthen banking stability and the resilience of the banking sectors. Yet, it is often claimed that regulatory tightening may lead banks to cut back on lending and comes at the cost of a lower loan supply. The present paper uses a country panel for 50 advanced and emerging market economies to analyze ...
In:
Journal of International Money and Finance
66 (2016), S. 113-135
| Marcel Fratzscher, Philipp König, Claudia Lambert
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Refereed essays Web of Science
This article studies long run wage mobility as a characteristic of regional labor markets. Using German administrative data we describe wage mobility since 1975 in West and since 1992 in East Germany. Wage mobility declined substantially in East Germany in the 1990s and moderately in East and West Germany since the late 1990s. These findings are robust in many dimensions. We apply RIF regression based ...
In:
Labour Economics
39 (2016), S. 11-34
| Regina T. Riphahn, Daniel D. Schnitzlein
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Refereed essays Web of Science
World War I played a key role in shaping modern housing policy. While in the pre-War era, there was virtually no housing policy, hostilities led to an almost immediate and comprehensive state intervention in the housing market, particularly among those engaged in the war. Originally, Russia went the same way as the other countries. However, after the communists seized power in November 1917, they started ...
In:
Journal of Urban History
44 (2018), 5, S. 930-952
| Konstantin A. Kholodilin, Mark G. Meerovich
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DIW Roundup 93 / 2016
A key challenge for economic policy today is to make the financial system more resilient. The literature finds that high indebtedness (or: leverage), both in the financial and in the real sectors, is a danger to macroeconomic stability and growth. Moreover, the design of the corporate tax system is an important determinant of leverage: in many countries interest paid on debt is tax-deductible while ...
2016| Franziska Bremus, Jeremias Huber
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Event
Leibniz ScienceCampusBerlin Centre for Consumer Policies (BCCP) Forum
The Forum will bring together all BCCP fellows in law and economics who are engaged in the activities of the science campus. We will have the opportunity to learn about each other’s research during short presentations by the different partner institutions followed by open discussion. The objective of the meeting is to...
13.04.2016
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Refereed essays Web of Science
This paper investigates the usefulness of the money demand relationship in times of unconventional monetary policies by cointegration methods. Our empirical evidence shows the existence of stable long run money demand functions even in the period of interest rates near the zero bound, both for the US economy and the euro area. Evidence is based on standard monetary aggregates, i.e. MZM for the US and ...
In:
Journal of Macroeconomics
46 (2015), S. 40-54
| Christian Dreger, Jürgen Wolters