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Refereed essays Web of Science
How do life events affect life satisfaction? Previous studies focused on a single event or separate analyses of several events. However, life events are often grouped non-randomly over the lifespan, occur in close succession, and are causally linked, raising the question of how to best analyze them jointly. Here, we used representative German data (SOEP; N = 40,121individuals; n = 41,402 event occurrences) ...
In:
European Journal of Personality
39 (2025), 1, S. 3-23
| Michael D. Krämer, Julia M. Rohrer, Richard E. Lucas, David Richter
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Refereed essays Web of Science
Residential electricity consumers equipped with photovoltaic (PV) systems and battery storage, also referred to as solar prosumers, are transforming electricity markets. While previous research has dealt with various aspects of solar prosumage, dedicated analyses of their interactions with the transmission grid under varying tariff designs are sparse. We explore the influence of different pricing regimes ...
In:
Smart Energy
19 (2025), 100193, 11 S.
| Dana Kirchem, Mario Kendziorski, Enno Wiebrow, Wolf-Peter Schill, Claudia Kemfert, Christian von Hirschhausen
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Refereed essays Web of Science
Do long-term improvements in air quality influence children’s educational outcomes? This paper investigates the impact of Low Emission Zones (LEZs), which restrict access to designated areas for emission-intensive vehicles, on the educational achievement of elementary school students in Germany. Using school-level data from North Rhine-Westphalia, Germany’s most populous state, we exploit the staggered ...
In:
Journal of Environmental Economics and Management
132 (2025), 103165, 20 S.
| Johannes Brehm, Nico Pestel, Sandra Schaffner, Laura Schmitz
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Refereed essays Web of Science
We investigate the long-term effects of the introduction of the German minimum wage in 2015 and its subsequent increases on regional employment. Using comprehensive survey data, we are able to measure the regional bite of the minimum wage in 2014, just before its introduction, as well as in 2018, before it was raised substantially in several steps. The introduction mainly affected the labour market ...
In:
Labour Economics
92 (2025), 102648, 14 S.
| Marco Caliendo, Rebecca Olthaus, Nico Pestel
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Refereed essays Web of Science
We study the implications of fiscal rules for macroeconomic stabilization when countries are hit by adverse exogenous shocks. Exploiting the unpredictability of natural disasters, we document that economies with a fiscal rule absorb these shocks better than those without: the responses of GDP and private demand are significantly higher. This difference is coupled with more expansionary fiscal policy ...
In:
Journal of Monetary Economics
154 (2025), 103809, 17 S.
| Chistoph Grosse-Steffen, Laura Pagenhardt, Malte Rieth
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Refereed essays Web of Science
This paper proposes a new way to clarify the relationship between the sovereign-bank nexus and an individual bank’s home bias by employing stress test data from Europe’s most important banks. We use the individual bank’s likelihood to fail in achieving a minimum capital ratio threshold as the dependent variable in a cross-sectional logistic regression approach and compute marginal effects. In further ...
In:
International Review of Financial Analysis
107 (2025), 104594, 23 S.
| Dominik Meyland, Dorothea Schäfer
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Refereed essays Web of Science
We study sovereign external debt crises over the past 200 years, with a focus on creditor losses, or “haircuts.” Our sample covers 327 sovereign debt restructurings with external private creditors over 205 default spells since 1815. Creditor losses vary widely (from none to 100%), but the statistical distribution has remained remarkably stable over two centuries, with an average haircut of around 45 ...
In:
IMF Economic Review
73 (2025), S. 150–195
| Clemens M. Graf von Luckner, Josefin Meyer, Carmen M. Reinhart, Christoph Trebesch
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Refereed essays Web of Science
Artificial intelligence (AI) increasingly affects individuals’ private and professional lives. Importantly, both the acceptance and adoption of new AI technologies in society is heavily impacted by the attitudes that people hold; yet, there is currently limited information on how people perceive and intend to use AI at the national and demographic levels. Therefore, this study examined a random sample ...
In:
Telematics & Informatics
98 (2025), 102265, 9 S.
| Timo Gnambs, Jan-Philipp Stein, Sabine Zinn, Florian Griese, Markus Appel
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Refereed essays Web of Science
Objective: To develop a typology of relationship quality for nuclear and extended family relations of younger adults in the United States, accounting for variation across kinship types and racial/ethnic groups. Background: Existing typologies of family relationships primarily focus on nuclear ties, often neglecting relations with extended kin. Ties to extended kin are, however, central to many people's ...
In:
Journal of Marriage and Family
(2025), im Ersch. [online first: 2025-06-30]
| Bettina Hünteler, Karsten Hank, Diego Alburez-Gutierrez, Thomas Leopold
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Refereed essays Web of Science
Amid the Ukrainian displacement crisis, private hosting of refugees in Europe has surged, yet its impact on integration remains understudied. This research examines the short- to medium-term effects of private hosting on Ukrainian refugee integration in Germany. Using data from one of the largest non-profit platforms that matches private hosts with refugees, we compare the multidimensional integration ...
In:
Nature Human Behaviour
9 (2025), S. 2249–2260
| Mathis Herpell, Moritz Marbach, Niklas Harder, Alexandra Orlova, Dominik Hangartner, Jens Hainmueller