We examine the impact of the war in Ukraine on long-term contracts in energy markets. We find that traded contract volumes fall by 65 percent in the first months of the war. A collapse in bilateral trading contributes most to this decline. To protect themselves from price shocks, firms increasingly turned to long-term contracts already before the war. In sum, our results show that the market continued ...
An interdisciplinary approach to the spatial analysis of survey data and the usage of social science and spatial science research data is a proper way to analyse questions of spatial justice and spatial inequality in more detail. The required technical linkage entails a number of hurdles such as data privacy, data access, reproducibility, and technical knowledge. The ’Geolinking Service SoRa’ is being ...
The role of demographic change for wealth inequality remains underexplored. This study analyzes how shifts in population aging, immigration, partnership status, educational attainment, and female labor force participation influenced wealth inequality in West Germany between 1988 and 2017, focusing on households with children. Our findings reveal that while overall wealth inequality remained stable, ...
Homeownership has declined among younger generations in most European countries. A common assumption is that this trend is increasingly stratified by parental homeownership, due to worsening affordability and the growing importance of parental financial support. In this study, we show that this assumption does not hold for the average European. Using data from EU-SILC 2011 and 2019 across 27 European ...
Young job seekers commonly misperceive training returns; we test whether these beliefs misalign choices between two widely offered tracks—job-skills and business-skills training for young women in Liberia. We reassign 30 percent of the applicants from an oversubscribed job-skills program to business-skills and compare them to applicants who remain in their preferred track. In the short run, reassigned ...