levelsof all goods in the US and Europe rose surprisingly quickly and persistently. TheFED began in March 2022 and the ECB in July 2022 with historically unique interestrate increases to combat the wage-price spiral that had not yet begun. In this article weshow that energy, commodities and food were the main drivers of inflation. For this reason,central banks’ goal of weakening demand for labor through ...
Während Verkehrsinfrastruktur eine wichtige Rolle für die Entwicklung von Unternehmen und Regionen spielt, ist die Forschung zu den wirtschaftlichen Auswirkungen ihrer Instandhaltung äußerst spärlich. Diese Dissertation schließt diese Lücke vor dem Hintergrund, dass Unternehmen in Deutschland den Zustand der Straßen zunehmend als unzureichend empfinden. Erstens wird der Einfluss verschiedener Agglomerations- ...
The Leibniz Association has announced the funding of seven ScienceCampuses. The existing campus “SOEP RegioHub” (“Regional Development Dynamics and their Social, Economic and Political Consequences”) – a cooperation between SOEP and Bielefeld University in Bielefeld – will be funded for a further four years. Leibniz ScienceCampuses serve the strategic networking of Leibniz institutes with universities ...
The new Leibniz Lab „Pandemic Preparedness: One Health, One Future” links excellent inter- and transdisciplinary research from 41 Leibniz institutes. For the first time in Germany, pathogen-oriented sciences (virology, bacteriology, mycology and immunology) are collaborating with other life sciences such as ecology, health technologies, health economics, and educational research. The Socio-Economic ...
According to Germany’s five leading economic research institutes, the country’s economy shows cyclical and structural weaknesses. In their spring report, they revised their GDP forecast for the current year significantly downward to 0.1 percent. In the recent fall report, the figure was still 1.3 percent. Expectations for the coming year are almost unchanged at 1.4 percent (previously 1.5 percent). ...
Business cycle models often abstract from persistent household heterogeneity, despite its potentially significant implications for macroeconomic fluctuations and policy. We show empirically that the likelihood of being persistently financially constrained decreases with cognitive skills and increases with overconfidence thereon. Guided by this and other micro evidence, we add persistent heterogeneity ...
We examine how the gender of business-owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is – starting from a gender pay gap of 11 to 12 percent - two to three percentage-points lower for hourly wages in female-owned firms than in maleowned firms. Results are robust ...
