The mobility of the labor force within the European Union - measured as the proportion of EU foreigners in EU-15 countries to the total EU labor force - increased by approximately one-quarter to almost 3.1 percent from 2007 to 2012. This is primarily due to increased migration of persons from the new eastern European EU member states such as Poland and Romania and, to a lesser degree, due to increased ...
The European electricity system is undergoing significant changes, not only with respect to developments in generation and networks but also the arrangements for the operation of the system. These are specified in the Network Codes endorsed by regulators, network operators and the European Commission with the objective to create an \Internal Energy Market". In 2013, European network operators formulated ...
Many economic situations involve the timing of irreversible decisions. E.g. People decide when to sell a stock or stop searching for a better price. We analyze the behavior of a decision maker who evaluates his choice relative to the ex-post optimal choice in an optimal stopping task. We derive the optimal strategy under such regret preferences, and show how it is different from that of an expected ...
Long term panel data enable researchers to construct Life Satisfaction (LS) trajectories for individuals over time. In this paper we analyse the trajectories of respondents in the German Socio-Economic Panel who recorded their LS for 20 consecutive years in 1991-2010. Previous research has shown that at least a quarter of these respondents recorded substantial long term changes in LS (Headey, Muffels ...
There is still considerable dispute about the magnitude of labor supply elasticities. While differences in micro and macro estimates are recently attributed to frictions and adjustment costs, we show that relatively low labor supply elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically, we estimate 3,456 structural labor ...
In this paper we explore the application of structured additive distributional regression for the analysis of conditional income distributions in Germany following the reunification. Using a bootstrapped Kolmogorov-Smirnov test we find that conditional personal income distributions can generally be modelled using the three parameter Dagum distribution. Additionally our results hint at an even more ...
Nils Saniter, doctoral student at the DIW Graduate Center since September 2009, successfully defended his dissertation Educational Interventions and Labor Market Outcomes in July 2014 at FU Berlin. The dissertation comprises three papers that investigate the effect of educational policies on the school-to-work transition of individuals and their labor market success later in life.
This paper examines the relationship between social capital and adult learning. We test this association empirically using measures of various types of social capital and adult learning based on the German Socioeconomic Panel. We use predetermined measures of social capital to exclude social skills or friends encountered during the adult education class. Fixed effects for latent underlying factors ...