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Quality of Politicians and Electoral System. Evidence from a Quasi-experiment...
We study the effect of the electoral system on the quality of politicians, measured by the average educational attainment, at the local level in Italy over the period 1994-2017.... -
Trade and the Size Distribution of Firms: Evidence from the German Empire
What effect did trade have on the size distribution of firms during the first wave of globalization? Three historical datasets from the German Empire between 1875 and 1907 were... -
The Benefits of Remoteness - Digital Mobility Data, Regional Road Infrastruct...
We investigate the regional distribution of the COVID-19 outbreak in Germany. We use a novel digital mobility dataset, that traces the undertaken trips on Easter Sunday 2020 and... -
Income-(in)dependent equivalence scales and inequality measurement
Most equivalence scales that are applied in research on inequality do not depend on income, even though there is strong empirical evidence that equivalence scales are actually... -
In-group, out-group effects in distributional preferences: the case of gender
We examine gender differences when eliciting distributional preferences as conducted by the Equality Equivalence Test, which has the ability to classify subjects into... -
Do Political Parties Matter? - Evidence from German Municipalities
We assess whether the partisanship of local councils affects the level and composition of local public spending by German municipalities. Our identification strategy exploits... -
Shadow Banks and the Risk-Taking Channel of Monetary Policy Transmission in t...
We provide evidence for a risk-taking channel of monetary policy transmission in the euro area that works through an increase in shadow banks' total asset growth and their risk... -
Does Retail Trading Matter to Price Discovery?
The diminishing importance of retail investors and the institutionalization of markets are arguably a result of the general perception that individuals are not well informed... -
Projecting the Spread of COVID19 for Germany
We model the evolution of the number of individuals reported sick with COVID-19 in Germany. Our theoretical framework builds on a continuous time Markov chain with four states:... -
German Labour Market Data—Data Provision and Access for the International Sci...
The Research Data Centre at the Institute for Employment Research (RDC-IAB) has been offering high-quality administrative and survey data on the German labour market for 15... -
Parity Funding of Health Care Contributions in Germany: A DSGE Perspective
Germany reintroduced parity funding of the statutory health insurance scheme in January 2019 by lowering the contribution rates for employees and raising those for employers,...