Skip to content!

Topic Distribution

0 filter(s) selected
Go to page
remove add
58 results, from 21
  • Diskussionspapiere 1964 / 2021

    Income Business Cycles

    Using a wide variety of business cycle dating and filtering techniques, this paper documents the cyclical behavior of the post-tax income distribution in the US. First, all incomes are cyclical and co-move with the business cycle. Second, lower and higher income individuals experience significantly larger fluctuations across the business cycle than middle-income individuals. Third, these fluctuations ...

    2021| Geraldine Dany-Knedlik, Alexander Kriwoluzky, Sandra Pasch
  • DIW Weekly Report 46 / 2021

    Income Inequality in Germany Temporarily Sinks During Crises

    This study is the first to investigate the interdependence of income inequality and business cycles in Germany over the past 40 years. These fluctuations in income inequality are important because they are decisive for designing effective and targeted structural redistributive and stabilization measures. The results of this study show that income inequality in Germany fluctuates with the business cycle ...

    2021| Geraldine Dany-Knedlik, Alexander Kriwoluzky
  • Refereed essays Web of Science

    Housing Rent Dynamics and Rent Regulation in St. Petersburg (1880–1917)

    This article studies housing rents in St. Petersburg from 1880 to 1917, covering an eventful period of Russian and world history. Digitizing over 5000 rental advertisements, we construct a state-of-the-art index – the first pre-war and pre-Soviet market data index for any Russian city. In 1915, a rent control and tenant protection policy was introduced in response to soaring prices following the outbreak ...

    In: Explorations in Economic History 81 (2021), 101398, 30 S. | Konstantin A. Kholodilin, Leonid E. Limonov, Sofie R. Waltl
  • Diskussionspapiere 1860 / 2020

    The Financial Accelerator, Wages, and Optimal Monetary Policy

    I study the effects of labor market outcomes on firms' loan demand and credit intermediation. I first show in partial equilibrium that the presence of frictions in the banking sector lowers the capital factor demand elasticity to changes in real wages. This finding helps to connect the substitutability of labor and capital with credit conditions. Second, I use a new Keynesian banking model with an ...

    2020| Tobias König
  • Diskussionspapiere 1839 / 2020

    Does Social Policy through Rent Controls Inhibit New Construction? Some Answers from Long-Run Historical Evidence

    The (re-)introduction of rent regulation in the form of rent controls, tenant protection or supply rationing is back on the agenda of policymakers in light of rent inflation in many global cities. While rent control as social policy promises short-term relief, economists point to their negative long-run effects on new construction. This paper present long-run data on both rent regulation and housing ...

    2020| Konstantin A. Kholodilin, Sebastian Kohl
  • DIW focus 2 / 2020

    Housing Policies Worldwide during Coronavirus Crisis: Challenges and Solutions

    The coronavirus pandemic, which began in December 2019 and is currently spreading rapidly around the world, is having a noticeable impact on the economy and thus also on the real estate market. Since the measures to curb the spread are causing economic activities to decline massively, small and medium-sized companies in the service, hospitality, and transport sectors in particular, but the self-employed ...

    2020| Konstantin A. Kholodilin
  • Externe Monographien

    Long-Term Effects of Equal Sharing: Evidence from Inheritance Rules for Land

    What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical inheritance rules for land traversing political, linguistic, geological, and religious borders in Germany. In some German areas, inherited land was to be shared or divided equally among children, while in others land was ruled to be indivisible. Using a geographic regression discontinuity ...

    Cambridge, Mass.: National Bureau of Economic Research, 2020, 55 S.
    (NBER Working Paper Series ; 28230)
    | Charlotte Bartels, Simon Jäger, Natalie Obergruber
  • DIW Weekly Report 34 / 2019

    At Opposite Poles: How the Success of the Green Party and AfD Reflects the Geographical and Social Cleavages in Germany

    German voters in the 2019 European election showed remarkable regional differences in their voting behavior. The Green Party surged in West German districts, while the AfD further consolidated its successes in East Germany. Investigating structural differences at the district level reveals that the Green party is particularly popular in economically strong, demographically young, and dynamic districts ...

    2019| Christian Franz, Marcel Fratzscher, Alexander S. Kritikos
  • Diskussionspapiere 1816 / 2019

    Income Redistribution, Consumer Credit, and Keeping up with the Riches

    In this study, we set up a DSGE model with upward looking consumption comparison and show that consumption externalities are an important driver of consumer credit dynamics. Our model economy is populated by two different household types. Investors, who hold the economy’s capital stock, own the firms and supply credit, and workers, who supply labor and demand credit to finance consumption. Furthermore, ...

    2019| Mathias Klein, Christopher Krause
  • Seminar

    "A Schumpeterian Model of Top Income Inequality"

    Top income inequality rose sharply in the United States over the last 40 years but increased only slightly in economies like France and Japan. Why? This paper explores a model in which heterogeneous entrepreneurs, broadly interpreted, exert effort to generate exponential growth in their incomes. On its own, this force leads to rising inequality. Creative destruction by outside innovators restrains...

    17.10.2018| Jihee Kim, Korea Advanced Institute of Science and Technology
58 results, from 21