The course provides participants with the tools to develop and analyze business cycle models with heterogenous agents. This class of models has become the new standard in the business cycle literature and allows to analyze the interaction of the business cycle and the distribution of consumption, income, and wealth. The focus of the course is on numerical methods. Coding exercises in class are an...
International migration emerges as an important driver of globalization since migrants play a salient role in diffusing international norms and practices across borders. Through a variety of channels migrants are capable of encouraging democratic behavior back in their countries of origin. On the other hand, immigration is commonly at the forefront of political debates in hosting economies of migrants, ...
As an essential element of forward-looking reporting, company transition plans can play an important role in achieving net zero goals. Existing net zero pledges and plans by companies stongly differ in composition and depth and often lack forward-looking pathways to achieve the goal, which makes it hard for stakeholders from the financial sector to systematically assess and consider them in their...
There is already a lot of research being done in the departments on individual topics in the field of socio-ecological transformation (SET), but we sometimes miss what other departments are doing. This lack of knowledge may hamper cross-departmental collaborations and synergies. We therefore would like to organize a workshop to strengthen the visibility of your work in the house and brings all...
The development of energy systems is not a technocratic process but equally shaped by societal and cultural forces. Key instruments in this process are model-based scenarios describing a future energy system. Applying the concept of fictional expectations from social economics, we show how energy scenarios are tools to channel political, economic, and academic efforts into a common direction. To impact ...
Following a landmark court ruling in 2005, more than half of Germany’s universities started charging tuition fees, which were later abolished in a staggered manner. We exploit the fact that even students who were already enrolled had to start paying fees. We show that fees increase study effort and degree completion among these students. However, fees also decrease first-time university enrollment ...
This paper studies whether individuals that experienced parental unemployment during their childhood/early adolescence have poorer health once they reach the adulthood. We used data from the German Socio-Economic Panel from 2002 until 2018. Our identification strategy of the causal effect of parental unemployment relied on plant closures as exogenous variation of the individual labor market condition. ...