Vorträge des DIW Berlin

Ex-Post Merger Evaluation in the UK Book Retail Market

This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone's and Ottakar's. We employ differences-in-differences techniques and use a rich dataset containing monthly scanner data information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger. Since retail mergers may have...

The Impact of Information Risk and Market Stress on Institutional Trading: New Evidence through the Lens of a Simulated Herd Model

Big Banks and Macroeconomic Outcomes: Theory and Cross-Country Evidence of Granularity

Examining the Structure of Spatial Health Effects Using Hierarchical Bayes Models

This paper makes use of Hierarchical Bayes Models to model and estimate spatial health effects. We focus on Germany, combining rich individual-level household panel data with administrative county¿level information to estimate spatial county-level health dependencies. As dependent variable, we use the generic, continuous, and quasi-objective SF12 health measure. Our findings reveal strong and...

Die wirtschaftspolitische Agenda für Deutschland nach den Wahlen: Panel der Arbeitsgemeinschaft deutscher wirtschaftswissenschaftlicher Forschungsinstitute e.V.

Empirical Welfare Analysis with Preference Heterogeneity

Entrepreneurship versus Joblessness? Explaining the Rise in Self-Employment

How Learning a Musical Instrument Affects the Development of Skills

Endogenous Shifts in OPEC Market Power: A Stackelberg Oligopoly with Fringe

This article proposes a two-stage oligopoly model for the crude oil market. In a game of several Stackelberg leaders, market power increases endogenously as the spare capacity of the competitive fringe goes down. This effect is due to the specific cost function characteristics of extractive industries. The model captures the increase of OPEC market power before the financial crisis and its drastic...

Location, Location, Location: Extracting Location Value from House Prices

The price for a single-family house depends both on the characteristics of the building and on its location. We propose a novel semiparametric method to extract location values from house prices. After splitting house prices into building and land components, location values are estimated with adaptive weight smoothing. The adaptive estimator requires neither strong smoothness assumptions nor...

The 'Celtic Case': Guarantees, Transparency and Dual Debt Crises

Reducing Binge Drinking? The Effect of a Ban on Late-Night Off-Premise Alcohol Sales on Alcohol-Related Hospital Stays in Germany

The Role of CO2-EOR for the Development of a CCTS Infrastructure in the North Sea Region: A Techno-Economic Model and Application

Scenarios of future energy systems attribute an important role to Carbon Capture, Transport, and Storage (CCTS) in achieving emission reductions. Using captured CO2 for enhanced oil recovery (CO2-EOR) can improve the economics of the technology. This paper examines the potential for CO2-EOR in the North Sea region. UK oil fields are found to account for 47% of the estimated total additional...

Real Estate Companies' Size and the Production of Energy-Efficient Housing Services: Evidence from Germany's Apartment Housing Market

Behavioral Effects of a Federal Minimum Wage and Income Inequality in Germany

Empirical studies on minimum wages are primarily concerned with employment while their effects on income inequality receive less attention. Yet, a popular argument for a federal minimum wage in Germany is that it will prevent in-work poverty and reduce income inequality. We examine this assertion for different minimum wage levels on the basis of a microsimulation model that accounts for the...

Economics of Information: Job Information Centers and Labor Market Outcomes

Is Technical Progress Sectorally Concentrated? An Empirical Analysis for Western European Countries

Previous research shows that technical progress at the industry level, measured by sectoral TFP growth, is more localized in continental European countries than in Anglo-Saxon countries. We use EU KLEMS data sets to decompose sectoral TFP for nine European countries by means of a Malmquist approach, in order to separate technical change. Applying Harberger diagrams, we describe the sectoral...

The Treatment Effect of Attending a High-Quality School and the Influence of Unobservables

This paper studies the effect of attending a high-quality secondary school on subsequent educational outcomes. The analysis is based on data from the German Socio-Economic Panel Study in which we observe children when they make their secondary school choice (between ages 10-12) and later when they self-report on their intentions with regard to their further educational path (between ages 16-17)....

Warum sollte ich meine Datensätze mit anderen teilen? Die empirische Wirtschaftsforschung und der Weg zu mehr Transparenz: Panel

Ein Ethikkodex für den Verein für Socialpolitik: die Ergebnisse der Ethikkommission des VfS: Panel