Declining labor force participation of older men throughout the 20th century and recent increases in participation have generated substantial interest in understanding the effect of public pensions on retirement. The National Bureau of Economic Research's International Social Security (ISS) Project, a long-term collaboration among researchers in a dozen developed countries, has explored this and related ...
Empirical evidence suggests that the majority of immigrants who initially planned a temporary stay end up staying permanently in the host country. Since beliefs about the duration of stay are a strong determinant of integration, many long-term migrants may end up less than optimally integrated. We theoretically model migrants with potential misperceptions about their future utility and wage prospects ...
There is growing interest in understanding how gender influences the accumulation of wealth. While prior studies focused on labor-related determinants, our research focuses on inheritances and gifts. Using unique survey data that oversamples the top 1% of wealth holders in Germany, we show that the gender wealth gap is small for individuals up to age 40, then widens, and declines for those past retirement ...
Unilateral carbon pricing raises concerns about carbon leakage, prompting calls for protecting exposed industries through either free allocations of emission permits or a carbon border adjustment mechanism. This paper develops a quantitative general equilibrium trade model to evaluate the effects of these unilateral carbon pricing instruments. The model incorporates input-output linkages and firm...
The project deals with scientific questions on industrial transformation towards a climate-neutral and resilient economy, covering the entire breadth of this topic. Questions on industrial transformation in Germany and beyond are formulated with a view to the EU's energy and climate policy instruments. The approach applies scientific methods throughout. The background to the project is the very...
The rapid loss of biodiversity and ongoing climate change are also the result of intensive agriculture. At the same time, they jeopardize agriculture and food security. The Leibniz Lab "Systemic Sustainability" brings together relevant knowledge in science and society on this fundamental challenge in order to promote the development and implementation of systemic solutions. The current socio...
Many couples face a trade-off between advancing one spouse’s career or the other’s. We study this trade-off using administrative data from Germany and Sweden. We first conduct an event-study analysis of couples moving across commuting zones and find that relocation increases men’s earnings more than women’s, with strikingly similar patterns in Germany and Sweden. Using a sample of mass layoff...
This paper investigates how the number of brackets and the choice of upper cutoffs in grouped data affect the metric approximation of income and wealth. The literature currently lacks a definition of what should be considered too few brackets or too-low cut-offs. Using German survey data, we show that more than six (eight) brackets and an upper cut-off at the 95th (97th) percentile are sufficient to ...
Evidence on how proximity to ethnic outgroups shapes attitudes toward immigration remains inconclusive. We suggest this may be driven, in part, by the fact that studies rarely account for the role of residential segregation. We argue that how the minority-share in an environment affects majority-group attitudes will depend on how segregated groups are from one another. To explore this, we undertake ...