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  • Diskussionspapiere 1427 / 2014

    Comparing Wealth: Data Quality of the HFCS

    The Household Finance and Consumption Survey (HFCS) provides information about household wealth (real and financial assets as well as liabilities) from 15 Euro‐countries after the financial crisis of 2007/8. The survey will be the central dataset in this topic in the future. However, several aspects point to potential methodological constraints regarding crosscountry comparability. Therefore ...

    2014| Anita Tiefensee, Markus M. Grabka
  • Diskussionspapiere 1426 / 2014

    Technical Efficiency and CO2 Reduction Potentials: An Analysis of the German Electricity Generating Sector

    In this paper, we analyze the technical efficiency of CO2 reduction potentials of German power and heat plants, using a non-parametric sequential Data Envelopment Analysis. We apply a metafrontier framework to evaluate plant-level efficiencies in the transformation of inputs into desirable (energy) and undesirable (CO2 emissions) outputs, taking into account different fossil fuel generation technologies. ...

    2014| Stefan Seifert, Astrid Cullmann, Christian von Hirschhausen
  • DIW Roundup 44 / 2014

    Modelling the Impact of Energy and Climate Policies

    Climate change mitigation and the transformation to a global low-carbon economy is a pressing issue in policy discussions and international negotiations. The political debate is supported by the scientific community with a large number of projections, pathway simulations and scenario analyses of the global energy system and its development over the next decades. These studies are often based on numerical ...

    2014| Daniel Huppmann, Franziska Holz
  • Externe Monographien

    The Impact of Education on Personality: Evidence from a German High School Reform

    This paper investigates the short-term effects of a reduction in the length of high school on students' personality traits using a school reform carried out at the state level in Germany as a quasi-natural experiment. Starting in 2001, academic-track high school (Gymnasium) was reduced from nine to eight years in most of Germany's federal states, leaving the overall curriculum unchanged. This enabled ...

    Bonn: IZA, 2014, 51 S.
    (Discussion Paper Series / Forschungsinstitut zur Zukunft der Arbeit ; 8139)
    | Sarah Dahmann, Silke Anger
  • SOEPpapers 685 / 2014

    Does It Pay to Be a Woman? Labour Demand Effects of Maternity-Related Job Protection and Replacement Incomes

    In countries with strong employment protection laws it is often considered to be unwise to hire a woman in childbearing age because she might get pregnant. However, such labour demand e ects of job protection measures related to maternity leave are often rather anecdotal. To provide analytical evidence, this paper studies the impact of changes in maternity-related job protection in Germany on employment ...

    2014| Beatrice Scheubel
  • SOEPpapers 616 / 2013

    Institutional Rearing Is Associated with Lower General Life Satisfaction in Adulthood

    We analyzed whether individuals reared in institutions differ in their general life satisfaction from people raised in their families. The data comprised of 19,210 German adults (51.5% female) aged from 17 to 101 years and were provided by the SOEP, an ongoing, nationally representative longitudinal study in Germany. Compared to people raised in families, individuals reared in institutions reported ...

    2013| David Richter, Sakari Lemola
  • SOEPpapers 617 / 2013

    Distributional Effects of a Minimum Wage in a Welfare State: The Case of Germany

    A popular argument for a federal minimum wage is that it will prevent in-work poverty and reduce income inequality. We examine this assertion for Germany, a welfare state with a relative generous means-tested social minimum and high marginal tax rates. Our analysis is based on a microsimulation model that accounts for the interactions between wages, the tax-benefit system and net incomes at the household ...

    2013| Kai-Uwe Müller, Viktor Steiner
  • SOEPpapers 675 / 2014

    Structural Labor Supply Models and Wage Exogeneity

    There is still considerable dispute about the magnitude of labor supply elasticities. While differences in micro and macro estimates are recently attributed to frictions and adjustment costs, we show that relatively low labor supply elasticities derived from microeconometric models can also be explained by modeling assumptions with respect to wages. Specifically, we estimate 3,456 structural labor ...

    2014| Max Löffler, Andreas Peichl, Sebastian Siegloch
  • SOEPpapers 676 / 2014

    A New Semiparametric Approach to Analysing Conditional Income Distributions

    In this paper we explore the application of structured additive distributional regression for the analysis of conditional income distributions in Germany following the reunification. Using a bootstrapped Kolmogorov-Smirnov test we find that conditional personal income distributions can generally be modelled using the three parameter Dagum distribution. Additionally our results hint at an even more ...

    2014| Alexander Sohn, Nadja Klein, Thomas Kneib
  • Diskussionspapiere 1393 / 2014

    Do Media Data Help to Predict German Industrial Production?

    Expectations form the basis of economic decisions of market participants in an uncertain world. Sentiment indicators reflect those expectations and thus have a proven track record for predicting economic variables. However, respondents of surveys perceive the world to a large extent with the help of media. So far, mainly very crude media information, such as word-count indices, has been used in the ...

    2014| Konstantin A. Kholodilin, Tobias Thomas, Dirk Ulbricht