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14918 results, from 1341
  • Diskussionspapiere 1966 / 2021

    Sovereign Default Risk, Macroeconomic Fluctuations and Monetary-Fiscal Stabilization

    This paper examines the role of sovereign default beliefs for macroeconomic fluctuations and stabilization policy in a small open economy where fiscal solvency is a critical problem. We set up and estimate a DSGE model on Turkish data and show that accounting for sovereign risk significantly improves the fit of the model through an endogenous amplification between default beliefs, exchange rate and ...

    2021| Markus Kirchner, Malte Rieth
  • Diskussionspapiere 1967 / 2021

    Zooming in on Monetary Policy - The Labor Share and Production Dynamics of Two Million Firms

    Conditional on a contractionary monetary policy shock, the labor share of value added is expected to decrease in the basic New Keynesian model. By providing firm-level evidence, we are first to validate this proposition. Using local projections and high dimensional fixed effects, we show that a one standard deviation contractionary monetary policy shock decreases firms' labor share by 0.4 percent, ...

    2021| Jan Philipp Fritsche, Lea Steininger
  • DIW Weekly Report 33 / 2021

    Hospital Mergers Can Impact the Offer of Health Care Services

    In the last decades, many European hospital markets witnessed a wave of mergers leading to increased levels of market concentration. The effects of hospital mergers and the effectiveness of competition enforcement have been discussed by politicians but understudied by academics. This report studies how hospital mergers impact hospital service provision by focusing on the French hospital industry from ...

    2021| Daniel Herrera-Araujo, Joanna Piechucka
  • Diskussionspapiere 1965 / 2021

    Estimating Demand with Multi-Homing in Two-Sided Markets

    We empirically investigate the relevance of multi-homing in two-sided markets. First, we build a micro-founded structural econometric model that encompasses demand for differentiated products and allows for multi-homing on both sides of the market. We then use an original dataset on the Italian daily newspaper market that includes information on double-homing by readers to estimate readers’ and advertisers’ ...

    2021| Pauline Affeldt, Elena Argentesi, Lapo Filistrucchi
  • 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 32 / 2021

    Collective Action: New Guiding Principles for International Climate Finance

    To limit global warming to 1.5 degrees Celsius, it is necessary for industrialized countries to support developing countries financially. The channels and mechanisms under which this support would be provided are known as International Climate Finance. Building upon expert interviews with a focus on the industrial sector, this report analyses the different areas of International Climate Finance and ...

    2021| Heiner von Lüpke, Charlotte Aebischer, Karsten Neuhoff
  • SOEPpapers 1137 / 2021

    SOEP-RV: Linking German Socio-Economic Panel Data to Pension Records

    The aim of the project SOEP-RV is to link data from participants in the German Socio-Economic Panel (SOEP) survey to their individual Deutsche Rentenversicherung (German Pension Insurance) records. For all SOEP respondents who give explicit consent to record linkage, SOEP-RV creates a linked dataset that combines the comprehensive multi-topic SOEP data with detailed cross-sectional and longitudinal ...

    2021| Holger Lüthen, Carsten Schröder, Markus M. Grabka, Jan Goebel, Tatjana Mika, Daniel Brüggmann, Sebastian Ellert, Hannah Penz
  • SOEPpapers 1142 / 2021

    Limited Self-knowledge and Survey Response Behavior

    We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the model predicts that the variance in responses for different characteristics increases in self-knowledge and ...

    2021| Armin Falk, Thomas Neuber, Philipp Strack
  • Other refereed essays

    Rentenanpassungen stabilisieren – ein Vorschlag

    In: Wirtschaftsdienst 101 (2021), 7, S. 572–574 | Jens Boysen-Hogrefe, Marius Clemens, Marcell Göttert, Robin Jessen, Götz Zeddies
  • Diskussionspapiere 1963 / 2021

    Strengthening Gender Justice in a Just Transition: A Research Agenda Based on a Systematic Map of Gender in Coal Transitions

    For climate change mitigation a rapid phase-out of fossil fuels such as coal is necessary. This has far-reaching gender-specific consequences. This paper presents a systematic map of the literature that examines the impact of historical coal phase-out processes on women and their role in these processes. The search process consists of screening 2,816 abstracts and reading 247 full-text studies. The ...

    2021| Paula Walk, Isabell Braunger, Josephine Semb, Carolin Brodtmann, Pao-Yu Oei, Claudia Kemfert
14918 results, from 1341
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