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Research Project
As part of the ERC Consolidator Grant WEALTHTRAJECT, Philipp Lersch will break new ground in wealth research over the next five years, and further expand the range of high quality data collection by SOEP. WEALTHTRAJECT is the first project to comprehensively and systematically investigate diversity in long-term wealth trajectories within and between social groups.
The starting point of the...
Current Project| German Socio-Economic Panel study
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Workshop
Concerns about inequality and questions of social justice and cohesion have re-entered the public arena and animate debate. In his Nobel prize lecture in 2015, Angus Deaton has outlined three imperatives that are key to understanding inequalities and formulating welfare-enhancing policies: (I) Differences in resources across individuals should be measured not only at specific points in time but...
24.10.2024| Cecilia García Peñalosa (Aix-Marseille School of Economics , Giacomo Corneo (Freie Universität Berlin)
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Research Project
DECIPHE is the first project to comprehensively study whether and how profound demographic changes in Europe impact the intergenerational persistence of homeownership, considering variations across countries, regions, and birth cohorts.
It adopts a life course framework on housing tenure, in which individuals’ homeownership is shaped by their household members’ preferences and resources and...
Current Project| German Socio-Economic Panel study
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DIW Weekly Report 27 / 2024
Greenhouse gas emissions must be reduced by 65 percent compared to 1990 by 2030 to achieve national climate targets. Nearly one third of greenhouse gas emissions in Germany are caused by private household consumption. Using Socio-Economic Panel (SOEP) data, this Weekly Report calculates the amount of CO2 equivalents emitted by households due to residential energy use, nutrition, and transport in Germany. ...
2024| Sandra Bohmann, Merve Küçük
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Refereed essays Web of Science
This paper examines whether biased income expectations due to overconfidence lead to higher levels of debt taking. We show suggestive evidence for a link between overconfidence and borrowing behavior in a representative survey of German households (German Socio-Economic Panel–Innovation Sample [GSOEP-IS]). This motivates a laboratory experiment to study causality behind these effects. In two experiments, ...
In:
Journal of Money, Credit and Banking
(2024), im Ersch. [online first: 2024-05-24]
| Antonia Grohmann, Lukas Menkhoff, Christoph Merkle, Renke Schmacker
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Refereed essays Web of Science
Rent control is a highly debated social policy that has been omnipresent since World War I. Since the 2010s, it is experiencing a true renaissance, for many cities and countries facing chronic housing shortages are desperately looking for solutions, directing their attention to controling housing rents and other restrictive policies. Is rent control useful or does it create more damage than utility? ...
In:
Journal of Housing Economics
63 (2024), 101983, 19 S.
| Konstantin A. Kholodilin
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Refereed essays Web of Science
We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led to a rise in the capital share and income inequality, as predicted by orthodox Marxists. But against their ...
In:
The Review of Economics and Statistics
(2024), im Ersch. [online first: 2023-03-15]
| Charlotte Bartels, Felix Kersting, Nikolaus Wolf
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DIW Weekly Report 4/5 / 2024
The energy transition is a major challenge for both Germany and France. This Weekly Report provides an overview of the short- and long-term goals as well as current developments and trends in France’s energy and climate policy. It reveals that France is largely on track with its greenhouse gases targets and is also making good progress on installing heat pumps. However, its expansion of renewable energy ...
2024| Adeline Guéret, Wolf-Peter Schill
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Refereed essays Web of Science
We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment insurance; however, the opposite holds ...
In:
American Economic Journal: Macroeconomics
16 (2024), 2, S.127–181
| Peter Haan, Victoria Prowse
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Diskussionspapiere 2068 / 2024
This study provides the first absolute income mobility estimates for postwar Germany. Using various micro data sources, we uncover a steep decline in absolute mobility rates from 81 percent to 59 percent for children’s birth cohorts 1962 through 1988. This trend is robust across different ages, family sizes, measurement methods, copulas, and data sources. Across the parental income distribution, we ...
2024| Timm Bönke, Astrid Harnack-Eber, Holger Lüthen