The major event of the 9/11 terror attacks is likely to have induced an increase in anti-immigrant and anti-foreigner sentiments, not only among US residents but also beyond US borders. Using longitudinal data from the German Socio-Economic Panel and exploiting exogenous variation in interview timing throughout 2001, I find that the terror attacks in the US caused an immediate shift of around 40 percent ...
In 2010 Germany spent 287 million Euro on health care or 11.6 % of GDP. Thus, health care is an important sector of the economy. The growth in health care expenditure was only a little bit higher than the overall growth between 2000 and 2010, with the exception of the last two years. In 2009 GDP decreased and in 2010 the increase was lower than in health care. As a result the share of total health ...
Abstract: In this paper, we examine the effect of progressive taxation on precautionary savings. While there is an extensive literature on precautionary savings in the presence of labor income uncertainty, this paper adds to the small number of studies that explores the link between progressive taxation and precautionary savings.
The SOEPmonitors from the current data release (1984-2011) have just been published. In them, selected indicators have been used to trace changes in living conditions since 1984 in West Germany and since 1990 in East Germany. The "Household" SOEPmonitor contains figures on the home and living situation of households; the "Individual" SOEPmonitor covers the labor market, education, ...
By: Karl Brenke in: DIW Economic Bulletin 02/2013. The significance of the manufacturing sector for the economies of both the European Union and the euro area has declined dramatically over the past ten years. However, development varied between the individual member states, which is particularly evident in a comparison between France and Germany. The manufacturing industry in Germany was able to maintain ...
"Germany Needs Stronger Wage": Five Questions to Karl Brenke in: DIW Economic Bulletin 02/2013
By: Georg Erber and Harald Hagemann in: DIW Economic Bulletin 02/2013The German economy recovered more rapidly than the majority of other developed countries from the severe slump that the global economic and financial crisis brought in its wake. Weak demand in the euro area was offset by robust growth in exports to countries outside the region. The German economy's strong competitive position ...
We estimate a model of intertemporal male labor supply behavior which explicitly accounts for the effect of income taxation and the transfer system. Moreover, we model the demand-side driven rationing risk that prevents agents from choosing the optimal labor supply state. Our results show that elasticities derived in an unconstrained pure choice model are significantly higher compared to a model with ...
As of February 1, 2013, macroeconomist Marcel Fratzscher, former Head of the International Policy Analysis Division at the European Central Bank (ECB), will be assuming his new role as President of DIW Berlin. "I look forward to my new responsibilities and am committed to working with the entire staff of DIW Berlin to fulfill our mission of excellence in research and policy advice," said ...
We use a large micro-dataset to assess the importance of intangible capital - organisation, R&D and ICT capital - for the economic performance of establishments and regions in Germany. In 2003 self-produced intangible capital accounted for one fifth of the total capital stock of establishments with more than 10 employees. More than half of the intangible capital is R&D capital. This high proportion ...
