How does xenophobic behavior and radical right-wing activity affect ethnic and immigrant minorities' political behavior? The extant literature on radical right-wing and xenophobic politics focuses exclusively on what drives these anti-immigrant political attitudes and behaviors, but does not account for how the targets of this animosity and threat react. Alternatively, the literature on immigrant...
Russian economy suffering due to weaker local currency – depreciation of the ruble primarily due to the drop in oil prices, not to sanctions Since 2014, the ruble has fallen by more than 50 percent against the U.S. dollar—and this devaluation is putting the Russian economy under pressure. A study conducted by the German Institute for Economic Research (DIW Berlin) has concluded that the ...
The Russian economy is tightly woven into the global economy, and is therefore highly dependent on the development of exchange rates. Since 2014, the ruble has fallen by more than 50 percent against the US dollar. The de¬valuation goes hand in hand with the Western sanctions that were imposed due to the political tensions between Russia and Ukraine. At the same time, the decline in oil prices may also ...
Mr. Kholodilin, how has the value of the ruble changed over the past few years? The exchange rate of Russian ruble has dropped considerably. In 2013, one euro was worth roughly 40 rubles; now, one euro is worth around 70 rubles. This devaluation is much stronger than it was during the Great Recession of 2008–2009. This interview with Konstantin Kholodilin is published in DIW ...
BAMS is a joint seminar by the DIW Berlin, the Hertie School of Governance, the HU Berlin and the WZB.
We advance the literature on political budget cycles by testing separately for cycles in expenditures for elections in the legislative and the executive. Using municipal data, we can separately identify these cycles and account for general year effects. For the executive branch, we show that it is important whether the incumbent re-runs. To account for the potential endogeneity associated with this ...
Im Vorfeld der 21. Klimakonferenz in Paris ist nicht nur in Deutschland die Diskussion bezüglich der Nachhaltigkeit der Atomwirtschaft in den Fokus der Öffentlichkeit gerückt. Neben Fragen der Wirtschaftlichkeit und Sicherheit, stehen dabei zunehmend auch Herausforderungen für die langfristige Entwicklung von Unternehmensstrategien im Mittelpunkt, Laufzeitverlängerungen,...
This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles forprime age men born 1935 through 1974 that covers earnings between 1960 and 2009. Over this period, the German labor market undergoes a heavy transformation and experiences ...