Empirical evidence suggests that the majority of immigrants who initially planned a temporary stay end up staying permanently in the host country. Since beliefs about the duration of stay are a strong determinant of integration, many long-term migrants may end up less than optimally integrated. We theoretically model migrants with potential misperceptions about their future utility and wage prospects ...
There is growing interest in understanding how gender influences the accumulation of wealth. While prior studies focused on labor-related determinants, our research focuses on inheritances and gifts. Using unique survey data that oversamples the top 1% of wealth holders in Germany, we show that the gender wealth gap is small for individuals up to age 40, then widens, and declines for those past retirement ...
Unilateral carbon pricing raises concerns about carbon leakage, prompting calls for protecting exposed industries through either free allocations of emission permits or a carbon border adjustment mechanism. This paper develops a quantitative general equilibrium trade model to evaluate the effects of these unilateral carbon pricing instruments. The model incorporates input-output linkages and firm...
The project deals with scientific questions on industrial transformation towards a climate-neutral and resilient economy, covering the entire breadth of this topic. Questions on industrial transformation in Germany and beyond are formulated with a view to the EU's energy and climate policy instruments. The approach applies scientific methods throughout. The background to the project is the very...
The rapid loss of biodiversity and ongoing climate change are also the result of intensive agriculture. At the same time, they jeopardize agriculture and food security. The Leibniz Lab "Systemic Sustainability" brings together relevant knowledge in science and society on this fundamental challenge in order to promote the development and implementation of systemic solutions. The current socio...
