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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
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
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
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
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DIW Applied Micro Seminar
Abstract: We study how attitudes to inheritance taxation are influenced by information about the role of inherited wealth in society. Using a randomized experiment in a register-linked Swedish survey, we find that informing individuals about the large aggregate importance of inherited wealth and its link to inequality of opportunity significantly increases the support for inheritance taxation. The...
25.10.2019| Daniel Waldenström, Research Institute of Industrial Economics (IFN), Stockholm
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
Systematic differences along the wealth distribution in investment performance will potentially have large consequences for the level and persistence of wealth inequality. These differences in performance are hard to measure except in a few, select countries with detailed information on household portfolios. In this paper we use a modified version of the Global Capital Asset Pricing Model ...
07.08.2019| Johannes König
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
(together with Thilo Albers (HU Berlin) und Moritz Schularick (Uni Bonn))
This paper provides the first long-run wealth inequality series for Germany. We combine wealth tax data, survey data, national accounts' household balance sheets, and lists of large wealth holders to study the accumulation and distribution of wealth in Germany from 1895 to 2017. We find that wealth concentration in...
24.07.2019| Charlotte Bartels
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DIW Applied Micro Seminar
21.06.2019| Paul Hufe, ifo Insititut, München
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Research Project
The gender wage gap is a persistent and pervasive phenomenon observable in virtually all countries. It has strong implications for a society since it is one main driver of inequality in a country. Therefore, there exists an active public debate and an important academic literature that describes and quantifies the gender wage gap, analyses the reasons for this gap and discusses potential policy...
Current Project| Gender Economics, Public Economics
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
The recent debate on the causes and consequences of income inequality shows striking similarity to the debate in many parts of Europe before 1914. Today and back then the focus was on the role of capital share and market concentration as a cause for rising inequality. In this study we analyze the drivers and consequences of...
06.02.2019| Charlotte Bartels
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Diskussionspapiere 1838 / 2019
Using quantile regression methods, this paper analyses the gender wage gap across the wage distribution and over time (1990-2014), while controlling for changing sample selection into full-time employment. Our findings show that the selection-corrected gender wage gap is much larger than the one observed in the data, which is mainly due to large positive selection of women into fulltime employment. ...
2019| Patricia Gallego Granados, Katharina Wrohlich
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DIW Weekly Report 46/47/48 / 2019
The tax and fiscal reforms headed by German finance minister Matthias Erzberger in 1919 and 1920 fundamentally reshaped German public finances. The total tax revenue as a percentage of GDP, or tax-to-GDP ratio, doubled and increased continually until the end of World War II. Since the 1950s, the tax-to-GDP ratio has remained between 22 and 24 percent of GDP most of the time. West Germany’s economic ...
2019| Stefan Bach