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Seminar
Long-term decarbonisation of the European economy requires technological innovation in all sectors. Key industries in Europe (and globally) are faced with the challenge to change their processes and products to reduce direct and indirect greenhouse gas emissions from their operations. They do so in the context of international competition and volatility in energy markets around the word - and...
09.10.2013
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Seminar
The workshop provides a forum to discuss state of the art research on the impact of shocks on households from a microeconomic perspective. Recent research has shown that extreme weather events negatively impact households, for instance by reducing their consumption or asset levels, often with persistent effects. Moreover, households adopt a variety of strategies to cope with shocks, both ex ante...
03.12.2013
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DIW Discussion Papers 1323 / 2013
Previous work has shown that state-level antitrust enforcement activity may have impacts on entry and relocation behavior by U.S. firms. Significant state-level antitrust activity may be an indicator of a perceived adverse business environment and it is found to deter establishment entry, particularly for larger firms in the retail and wholesale sectors. An obvious question is whether establishment ...
2013| Robert M. Feinberg, Thomas A. Husted, Florian Szücs
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DIW Discussion Papers 1321 / 2013
We quantify externalities on profitability and market shares of competing firms in oligopolistic markets through the transition from an n to an n - 1 player oligopoly after a merger. Competitors are identified via the European Commission's market investigations and our methodology allows us to distinguish the externality due to the change in market structure from the merger effect. We obtain results ...
2013| Klaus Gugler, Florian Szücs
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DIW Discussion Papers 1322 / 2013
We study the degree of agglomeration of acquisition activity within clusters of temporal, geographic and industrial proximity based on almost 600,000 individual transactions. The findings indicate that significant clustering occurs in time and across industries, while the results on geographic clustering are mixed. This supports the view that merger waves are mostly driven by neoclassical motives. ...
2013| Florian Szücs
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Refereed essays Web of Science
This paper exploits rich SOEP microdata to analyze state-level variation in health care utilization in Germany. Unlike most studies in the field of the Small Area Variation (SAV) literature,our approach allows us to net out a large array of individual-level and state-level factors that may contribute to the geographic variation in health care utilization. The raw data suggest that state-level hospitalization ...
In:
Health Policy
114 (2014), 1, S. 41-53
| Peter Eibich, Nicolas R. Ziebarth
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Refereed essays Web of Science
This article evaluates an expansion of employer-mandated sick leave from 80% to 100% of forgone gross wages in Germany. We employ and compare parametric difference-in-difference (DID), matching DID and mixed approaches. Overall workplace absences increased by at least 10% or 1 day per worker per year. We show that taking partial compliance into account increases coefficient estimates. Further, heterogeneity ...
In:
Journal of Applied Econometrics
29 (2014), 2, S.208-230
| Nicolas R. Ziebarth, Martin Karlsson
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DIW Discussion Papers 1324 / 2013
Returns merely based on one purchasing price of an asset are uninformative for people regularly contributing to their old-age provision. Here, each purchase has an influence on the outcome. Still, they are commonly used in finance literature, giving an overly optimistic view of expected long-term stock market returns and risks. Moreover, around business cycle turning points when volatility is high, ...
2013| Dirk Ulbricht
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SOEPpapers 583 / 2013
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance schemes. I rely on a dynamic programming ...
2013| Daniel Kemptner
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SOEPpapers 582 / 2013
Self-reported satisfaction measures respond to a great variety of socio-demographic characteristics as well as the job and living environment. In this paper we ask whether the recent financial market crisis has caused a deterioration of satisfaction not only for the unemployed but also for those out of the labour force and especially those in employment. The focus of our analyses is on the pattern ...
2013| Antje Mertens, Miriam Beblo