Search

On Start-up Costs of Thermal Power Plants in Markets with Increasing Shares of Fluctuating Renewables

The emerging literature on power markets with high shares of fluctuating renewables suggests that more frequent start-up procedures of thermal power plants may become an increasing concern, both for costs and possibly also for market design. Based on official scenario assumptions, we investigate how start-ups and related costs develop in Germany, where the share of fluctuating renewables quadruples ...

Social Importance of Parental Leave for Fathers

Between the Hammer and the Anvil: The Impact of Economic Sanctions and Oil Prices on Russia's Ruble

Childhood Roots of Financial Literacy

Financial literacy predicts informed financial decisions, but what explains financial literacy? We use the concept of financial socialization and aim to represent three major agents of financial socialization: family, school and work. Thus we compile twelve relevant childhood characteristics in a new survey study and examine their relation to financial literacy, while controlling for established socio-demographic ...

Islamic Banking, Credit and Economic Growth: Some Empirical Evidence

This paper examines the effects of Islamic banking on the causal linkages between credit and GDP by comparing two sets of seven emerging countries, the first without Islamic banks, and the second with a dual banking system including bothIslamic and conventional banks. Unlike previous studies, it checks the robustness of the results by applying both time series and panel methods; moreover, it tests ...

Labor Market Frictions and Retirement Timing in Germany – A Structural Model and Subsequent Ex-Ante Policy Evaluation

Losing a job after age 60 in Germany is virtually equivalent to the end of one’s working life. Roughly 25% of job exits after age 60 are involuntary with considerable variation along region, age, tenure and education. Considering this, I estimate a structural model of retirement timing in the presence of labor market frictions. A subsequent ex-ante policy analysis is meant to illustrate the...

Policing and Human Rights in Uganda: Impact Assessment and Gender-Framed Survey Experiments

Prof. Dr. Axel A. Weber, Chairman of Boards of Trustees congratulates Graduates 2015 of the DIW Graduate Center

On 11th of December 2015, seven junior scientists received their certificates at the 2015 Commencement Ceremony of the Graduate Center at the German Institute for Economic Research (DIW Berlin). On hand to congratulate the students were DIW Berlin President Marcel Fratzscher, GC Dean Helmut Lütkepohl, and the new Chairman of the DIW Berlin Board of Trustees, Prof. Dr. Axel A. Weber.Prof. Dr. Weber, ...

Graduation Ceremony des DIW Graduate Center 2015

Seven junior scientists received their certificates at the 2015 Commencement Ceremony of the Graduate Center at the German Institute for Economic Research (DIW Berlin) on December 9, 2015. On hand to congratulate the students were DIW Berlin President Marcel Fratzscher, GC Dean Helmut Lütkepohl, and the new Chairman of the DIW Berlin Board of Trustees, Prof. Dr. Axel A. Weber.

Energy Efficiency - still the weak pillar of EU 2030 Climate and Energy and German Energiewende policies?

While the European Parliament calls for a binding 40% energy efficiency target for 2030, the Council only agreed to non-binding 27 % and an option to raise to 30% before 2020. Germany seems to still lag behind achievement of its Energiewende target of 20% less energy consumption in 2020 and the EU's requirements. Currently, three major EU energy Directives - the EED, the EPBD, and the Labelling...