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Joint venture and increase of prices

Renminbi Rising? Exporters' Response to China's Currency Internationalization

This paper investigates the heterogeneous responses of exporters to policy reforms undertaken by the People’s Bank of China to internationalize the Renminbi (RMB). Using detailed customs data from France for the initial years of these reforms (2011-2017), it documents several novel stylized facts on RMB adoption, highlighting both the growth and extreme skewness in RMB’s uptake across firms and varieties. ...

Erwerbsbeteiligung von Frauen: Ursachen des hohen Teilzeitanteils und politische Handlungsoptionen

Der Fach- und Arbeitskräftemangel ist ein anhaltend großes Problem für die wirtschaftliche Entwicklung in Deutschland. Zur Auflösung der Fußnote[1] Verschiedene politische Handlungsoptionen zur Lösung oder Abmilderung des Arbeitskräftemangels werden immer wieder diskutiert: beispielsweise die Zuwanderung von Fachkräften aus dem Ausland, Zur Auflösung der Fußnote[2] die stärkere Mobilisierung von älteren ...

Quantifying Bargaining Power in Supply Chains: Essential for Merger Control

Merger control plays a central role in competition policy. When assessing proposed mergers, Competition Authorities should consider its impact on all relevant markets. Large mergers between manufacturers typically impact competition, thus requiring the approval of Competition Authorities. Divestitures are often a condition of merger approval. This report investigates the effectiveness of implementing ...

SOEP-Core v38.1 – PGEN: Person-Related Status and Generated Variables

Ampel-Monitor Energiewende: ambitionierte Ziele, aber zu geringe Dynamik

The German “traffic light” (Ampel) coalition has set ambitious new energy transition targets. Using an open data tool developed at DIW Berlin, we discuss the progress and challenges of selected indicators. Since the government took over, photovoltaic capacity increased by 45 % to 87 GW by April 2024, with a planned doubling by 2030. However, onshore wind power grew by only 11 % to 62 GW. The installation ...

DECIPHE – Demographic Change and the Intergenerational Persistence in Homeownership in Europe

DECIPHE is the first project to comprehensively study whether and how profound demographic changes in Europe impact the intergenerational persistence of homeownership, considering variations across countries, regions, and birth cohorts. It adopts a life course framework on housing tenure, in which individuals’ homeownership is shaped by their household members’ preferences and resources and...

Renewable Energy and Equilibrium Hedging in Electricity Forward Markets

We study the impact of renewable energy on forward markets for electricity. Previous literature shows that forward prices are determined by time-varying demand and volatile spot prices. We introduce supply risk from renewable generation and find that stochastic renewable output mitigates income risk for generating firms, in particular when negative shocks to renewable output have large positive price ...

Technological Progress, Occupational Structure, and Gender Gaps in the German Labour Market

We analyze if technological progress and the change in the occupational structure have improved women’s position in the labour market. We show that women increasingly work in non-routine manual and in interactive occupations. However, the observed narrowing of the gender wage gap is entirely driven by declining gender wag gaps within, rather than between, occupations. A decomposition exercise reveals ...

Study on the Effectiveness of COVID-Aid on Firms

The study investigates the impact of COVID-related State aid measures (COVID-aid) on firms’ performance in selected EU countries, distinguishing among different categories of (pre-crisis) firm size, economic sector, and type of financial instrument received. The current analysis covers three countries with available National State Aid Registries, namely Italy, Poland, and Spain, which enable precise ...