This paper exploits unexpected regional changes in fees to uncover the causal effect on the duration of study and completion probabilities for an entire country. The empirical analysis relies on a novel empirical framework that merges difference-in-difference estimation with duration analysis to exploit a natural policy experiment, namely the introduction and terminationof fees for university...
On January 1, 2018, Liebig will become director of the Socio-Economic Panel (SOEP) and a member of the institute’s Executive Board Stefan Liebig, a professor of sociology at Bielefeld University, will succeed Gert G. Wagner as a member of the German Institute for Economic Research’s Executive Board on January 1, 2018. Having reached retirement age, Wagner (64) is relinquishing his position. ...
We are happy to present our recent SOEPnewsletter 117, November 2017. We are quite sure to send out the new SOEP-Core wave (data 1984-2016, including data from the IAB-BAMF-SOEP Survey of Refugees) by end of November and provide you with information what's new, invite you to submit papers for our SOEP2018 Conference, give information about changes in the SOEP's leadership team, inform about ...
The demographic change is posing many challenges for government budgets. In the face of a shrinking work force, keeping the number of workers and thus pension contributors at the highest possible level is a key economic policy goal. This could be achieved if people retire from the work force later in life. Partial retirement, the option to work part-time while drawing a pension before reaching the ...
The world needs to continue working to protect the climate—this is generally undisputed. However, there is no agreement on which technologies should be used to decarbonize the energy sector. Many international scenarios still assume a relevant role for nuclear power in the future. However, a study by the German Institute for Economic Research shows that the Paris climate protection target— limiting ...
This paper analyses financial literacy and financial behavior of middle class people living in an urban Asian economy. Other than most papers on financial literacy that focus on people in developed countries, we surveyed people living Bangkok. Using standard financial literacy questions, we find that financial literacy levels are largely comparable to industrialized countries, but understanding of ...
Two DIW studies on the partial retirement scheme and raising the normal retirement age: simulations show positive employment effects and fiscal implications A normal retirement age that increases relative to the rise in life expectancy after 2030 could help keep the funding of the statutory pension insurance scheme stable without the pension level decreasing further. Depending on the scenario, a ...
