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Business Cycles, Unemployment and Entrepreneurial Entry: First Evidence from Germany

We investigate whether people become more willingly self-employed during boom periods or in recessions and to what extent it is the business cycle or the employment status influencing entry rates into entrepreneurship. Our analysis for Germany reveals that start-up activities are positively influenced by unemployment rates and that the cyclical component of real GDP has a negative effect. This implies ...

Generic Longitudinal Business Process Model

This paper is the product of one of the three working groups at Dagstuhl event 11382. The group was charged with producing a reference model for the process of longitudinal data production and use, with an emphasis on the specification and management of the supporting metadata. This model is designed to be useful for the gamut of study types where data are collected across time, including panel studies ...

Fewer and Fewer Germans Working from Home

In 2012, almost five million people, or roughly 10 percent of the labor force in Germany, worked from home most or some of the time. Of these home workers, 2.7 million were employees, i.e., eight percent of the labor force. It is primarily highly qualified employees such as managers, academics, lawyers, publicists, engineers, or teachers who work from home; the majority has a university degree. However, ...

Age Differences in Risk Taking

Do risk preferences change as a function of age? I will present results of meta-analyses, small behavioral experiments, as well as preliminary analysis of SOEP that suggest that age may lead to decreased self-reported risk taking but that age-related changes may vary significantly as a function of the life domain and measure adopted. These results suggests that more work is needed to understand...

Prospects for Consumption- Based Growth in China

by Christian Dreger and Yanqun Zhang in: DIW Economic Bulletin 2/2014.The Chinese model for economic growth is undergoing a fundamental reorientation. While output has been driven by investments and exports in recent decades, private consumption is expected to become a major trigger for future GDP growth. However, the conditions for higher demand from households are far from optimal: the savings rate ...

"China's New Course: Strengthening Private Consumption". Five Questions to Christian Dreger

in: DIW Economic Bulletin 2/2014"China's New Course: Strengthening Private Consumption". Five Questions to Christian Dreger

German-Chinese Economic Relations: Opportunities and Risks for Germany

by Georg Erber in: DIW Economic Bulletin 2/2014. During the last few years, the People's Republic of China has become an increasingly important trading partner for Germany. Particularly in the wake of the global economic and financial crisis that began in 2008, trade with China has been an important driver of economic growth in Germany as German industry benefited from the increase in Chinese import ...

Prospects for Consumption-Based Growth in China

The Chinese model for economic growth is undergoing a fundamental reorientation. While output has been driven by investments and exports in recent decades, private consumption is expected to become a major trigger for future GDP growth. However, the conditions for higher demand from households are far from optimal: the savings rate is high, driven in particular by the low level of social security and ...

China's New Course: Strengthening Private Consumption: Five Questions to Christian Dreger

German-Chinese Economic Relations: Opportunities and Risks for Germany

During the last few years, the People's Republic of China has become an increasingly important trading partner for Germany. Particularly in the wake of the global economic and financial crisis that began in 2008, trade with China has been an important driver of economic growth in Germany as German industry benefited from the increase in Chinese import demand more than other European countries. However, ...