Previous studies find that past unemployment reduces life satisfaction even after reemployment for non-monetary reasons (unemployment scarring). It is not clear, however, whether this scarring is only caused by employment-related factors, such as worsened working conditions, or increased future uncertainty as regards income and employment. Using German panel data, we identify non-employment-related ...
Abstract: Past studies show, that early educational tracking strengthens the persistence of economic outcomes from parents to children. In the case of Germany, this could be one of the reasons for the experienced low educational mobility. This being said, an interesting question which has been analysed in fewer studies so far, deals with the transition to tertiary education. Do all pupils who...
The common European electricity market requires both market integration and transmission grid expansion, including trans-border interconnectors. Although the benefits of increased interconnectivity are widely acknowledged, expansion of interconnectors is often very slow. This paper gathers insights on the reasons behind this “grid-lock” drawing on the study of the German-Polish border. Although two ...
Lack of transmission capacity hampers the integration of the European electricity market, and thereby precludes reaping the full benefits of competition. We investigate the extent to which transmission grid expansion promotes competition, efficiency and welfare. This work proposes a three-stage model for grid investment: a benevolent planner decides on network upgrades, considering welfare benefits ...
The transformation of the European energy system requires substantial investment in transmission capacity to facilitate cross-border trade and to efficiently integrate renewable energy sources. However, network planning in the EU is still mainly a national prerogative. In contrast to other studies aiming to identify the pan-European (continental) welfare-optimal transmission expansion, we investigate ...
14:00-17:30 (7 July) 09:00-12:30 (8 July)
Germany's draft bill to improve the benefits provided under the statutory pension insurance scheme (Gesetz über Leistungsverbesserungen in der gesetzlichen Rentenversicherungen) will entitle, in particular, those who have contributed for many years (at least 45) to retire early on a full pension (without any reductions to their pension payments) at the age of 63. The proposed reform is in stark ...
