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Low Occupational Prestige and Internal Migration in Germany

This paper assesses a recent prediction of the theoretical migration literature, according to which migration may be driven by a desire to avoid social humiliation rising from occupational stigma. To this end, we study the residential mobility of workers in occupations with relatively low prestige using data from the German Socio-Economic Panel (SOEP). In order to capture low occupational prestige, ...

Maintaining One's Living Standard at Old Age - What Does That Mean? Evidence Using Panel Data from Germany

How much retirement income is needed in order to maintain one's living standard at old age? As it is difficult to find a firm basis for an empirical treatment of this question, we employ a novel approach to assessing an adequate replacement rate vis- a-vis income in the pre-retirement period. We subject indications regarding satisfaction with current income as collected in the German Socio-Economic ...

Bank Lending Procyclicality and Credit Quality during Financial Crises

This paper analyses macroeconomic and financial determinants of bad loans applying a SVAR approach to investigate whether excessive loans granted during expansionary phases can explain the more than proportional increase in non-performing loans during contractionary periods. The results indicate that the effects of a permanent shock to bad loans on the excess of credit are significant and persistent ...

GC Summer Workshop 2013 successfully taken place

From June 26 to 28, the second Graduate Center Summer Workshop took place in the avendi Hotel at Griebnitz Lake in Potsdam and turned out to be a big success again. During the three-day workshop, GC10 and GC11 doctoral students presented their current research and received feedback from their supervisors and peers. The workshop was well attended by professors, doctoral students and external guests. ...

Your personal public debt

Everyone is talking about public debt. Europe's economic and financial crisis is, not least, a crisis of sovereign and local government debt. In Germany, along with national and regional government debt, local authorities' obligations are also coming under the spotlight again. Using comprehensive data records, this study analyzes the debt structure of local German authorities from 1998 to 2009. In...

The Role of Peers in Estimating Tenure-Performance Profiles: Evidence from Personnel Data

Abstract: We estimate tenure-performance profiles using panel data on individual workers' performance. The results show that a 10 per cent increase in tenure leads to a performance increase of 4.3 per cent of a standard deviation; this translates to a performance increase of 61 per cent within the first year of the employment relationship.

Information and Price Dispersion: Evidence from Retail Gasoline

The Impact of Immigration on Natives' Wages

Does regulation of product and labor markets alter the impact of immigration on wages of competing native workers? Exploiting the unique historical event of the German reunification, we compare the wage consequences of East Germans migrating into different segments of the West German labor market: one segment without product and labor market regulation, to which standard immigration models best...

SOEPnewsletter 101 published

The SOEPnewsletter 101 / July 2013 is now available. We inform you about (selection):-    The Future SOEP Metadata Portal: DDI on Rails-    New Download Option to Be Provided with Upcoming SOEP Data Release -    SOEP-IS 2011 Data Release-    Use SOEP-IS for New Research Questions-    IAB-SOEP Migration Sample -    SOEP ...

Nathan Fiala's study on cash transfers in the media

In development aid, the idea of giving money to the poor with no strings attached received great attention during the last decade. Recently, the media took more and more interest in this topic, which Nathan Fiala from DIW Berlin is also working on. His case study on small Ugandan businesses was mentioned several times in the media. The Economist, for example, published an article called “Pennies ...