This paper highlights an underexplored margin of heterogeneity that shapes resilience to disruptions in global maritime trade - the differential reliance of countries and sectors on specific categories of vessels. We combine US bills of lading records with ship registry and AIS-based port call data to document new stylized facts on vessel deployment, including switching patterns across ships,...
World Economic Outlook Chapter on industrial policies Countries are increasingly using industrial policy to reshape their economies by supporting strategic sectors and firms. Motivations include boosting productivity, reducing reliance on imports—especially in energy—and enhancing resilience. Industrial policies can help jump-start domestic industries, but their efficacy is sensitive to sector...
We describe the joint permanent health distribution of parents and children in Germany using 25 years of data from the Socio-Economic Panel. We derive three main results: First, a ten percentile increase in parental permanent health is associated with a 2.3 percentile increase in their child’s health. Second, employing our anchoring method, we find that a percentile point increase in permanent health ...
This study explores the relationship between artificial intelligence (AI) and workers’ wellbeing and mental health using longitudinal survey data from Germany (2000-2020). We construct a measure of individual exposure to AI technology based on the occupation in which workers in our sample were first employed and explore an event study design and a difference-in-differences approach to compare AI-exposed ...
Diese Dissertation beschäftigt sich mit Methoden zur Behandlung von nicht-ignorierbaren fehlenden Daten und Stichprobenverzerrungen – zwei häufig auftretenden Problemen bei der Analyse von Umfragedaten. Beide Datenprobleme können die Qualität der Analyseergebnisse erheblich beeinträchtigen und zu irreführenden Inferenzen über die Population führen. Daher behandle ich innerhalb von drei verschiedenen ...
Homeownership is far less prevalent in Germany than in most other European countries. This Weekly Report examines the extent to which homeownership in Germany depends on the ownership status of parents and how the association has changed over time. Homeownership rates are significantly lower among younger birth cohorts than among older cohorts. At the same time, intergenerational mobility toward renting ...
This paper studies the labor market impact of structural change by distinguishing between industry- and occupation-based measures of manufacturing and service employment. Using German data from 1975–2019, we find that 67% of manufacturing jobs lost in manufacturing industries are offset by new manufacturing jobs in service industries. Linking these aggregate patterns to worker-level outcomes, we show ...