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853 results, from 11
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
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
Externe referierte Aufsätze

The Rising Longevity Gap by Lifetime Earnings: Distributional Implications for the Pension System

This study uses German social security records to provide novel evidence on cohort trends of the heterogeneity in life expectancy by lifetime earnings and, additionally, documents the distributional implications of this earnings-related heterogeneity. We find a strong association between lifetime earnings and life expectancy at age 65 and show that the longevity gap is increasing across cohorts. For ...

In: The Journal of the Economics of Ageing (2020), im Ersch. [online first: 2019-05-16] | Peter Haan, Daniel Kemptner, Holger Lüthen
DIW Weekly Report 17/18 / 2020

Real Incomes Increasing, Low-Income Rate Decreasing in Individual Age Groups

The number of employed persons in Germany has grown by over five million since 2000, in part due to an increase in immigration. This development is reflected in private household income, which has increased by 12 percent over the same period. Since 2013, all income groups have been benefiting from this increase and in 2015, the lowest income decile began benefiting as well. Disposable income inequality ...

2020| Markus M. Grabka, Jan Goebel
Diskussionspapiere 1860 / 2020

The Financial Accelerator, Wages, and Optimal Monetary Policy

This paper studies the effects of labor market outcomes on firms’ loan demand and on credit intermediation. In a first step, I investigate how wages in the production sector affect bank net worth and the process of financial intermediation in partial equilibrium. Second, the role of the identified channels are studied in general equilibrium using a new- Keynesian DSGE-model with financial frictions and ...

2020| Tobias König
Externe referierte Aufsätze

A Head‐to‐Head Comparison of Augmented Wealth in Germany and the United States

We examine the composition of augmented household wealth, the sum of net worth and pension wealth, in the United States and Germany. Pension wealth makes up a considerable portion of household wealth of about 48% in the United States and 61% in Germany. When pension wealth is included in household wealth, the Gini coefficient falls from 0.889 to 0.700 in the United States and from 0.755 to 0.508 in ...

In: The Scandinavian Journal of Economics (2020), | Timm Bönke, Markus M. Grabka, Carsten Schröder, Edward N. Wolff
Externe referierte Aufsätze

Does Subsidized Care for Toddlers Increase Maternal Labor Supply?

Expanding public or publicly subsidized childcare has been a top social policy priority in many industrialized countries. It is supposed to increase fertility, promote children’s development and enhance mothers’ labor market attachment. In this paper, we analyze the causal effect of one of the largest expansions of subsidized childcare for children up to three years among industrialized countries on ...

In: Labour Economics 62 (2020), 1017763, 18 S. | Kai-Uwe Müller, Katharina Wrohlich
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

A question of gender: How promotions affect earnings

Occupational positions can explain an important part of the differences in pay between men and women. However, a considerable Gender Pay Gap exists even within the same occupational position. In this paper, we aim at understanding the reason for the gap within occupational positions and, therefore, investigate whether promotions lead to the same effect on earnings growth for men and women....

27.11.2019| Aline Zucco
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

Average Wage Gaps and Expected Wage Cuts - An Investigation of Selection Neglect Bias in Income Expectations

Economists spend much of their lives talking about and correcting for sample selection. Recent evidence from behavioral economics documents that participants in lab experiments don't account for selection effects when they interpret conditional distributions. This "selection neglect" can distort expectations in settings where individuals learn from comparisons with other people who differ in...

13.11.2019| Annekatrin Schrenker
Cluster-Seminar Öffentliche Finanzen und Lebenslagen

Does later retirement change your health care consumption? Evidence from France

This paper examines the causal impact of later retirement on outpatient care consumption among the French elderly. Outpatient care are defined as all the care provided out of the hospital setting. This question is of interest since spill effects may arise if later retirement increases health care expenditures. To deal with reverse causality issue, I use, as an instrumental variable, the 1993...

30.10.2019| Elsa Perdrix, Paris School of Economics
853 results, from 11