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Good Bye Lenin Revisited: East-West Preferences Three Decades After German Re...
In this paper, we document that living under Communism vs. Capitalism has lasting effects on preferences for a strong government. Relying on the natural experiment of German... -
The gender division of unpaid care work throughout the COVID-19 pandemic in G...
The COVID-19 pandemic and related closures of day care centres and schools significantly increased the amount of care work done by parents. There has been much speculation over... -
Missing growth measurement in Germany
Using detailed establishment-level micro data, this paper analyzes for the German case the hypothesis by Aghion et al. (2019), stating that officially published figures for real... -
Sudden Stop: When Did Firms Anticipate the Potential Consequences of COVID-19?
COVID-19 hit firms by surprise. In a high frequency, representative panel of German firms, the business outlook declined and business uncertainty increased only at the time when... -
Nudging Openly - An Experimental Analysis of Nudge Transparency in a Public G...
Around the world, policy makers and public authorities are increasingly turning to behaviorally informed interventions (“nudges”) in order to help tackle important contexts of... -
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:... -
Different Counselors, Many Options: Career Guidance and Career Plans in Secon...
Career guidance assists students with the school-to-work transition. Based on a survey conducted in secondary schools in Germany, we analyze career guidance activities and how... -
Credit allocation in heterogeneous banking systems
World banking systems are almost invariably populated by relatively diverse financial institutions. This paper studies the operation of credit markets where heterogeneous banks... -
Coaching, Counseling, Case‐Working: Do They Help the Older Unemployed Out of ...
Intensified counseling, job search assistance and related policies have been found to be effective for labor market integration of the unemployed by a large number of studies,... -
Thoughts on a Fiscal Union in EMU
Using an estimated large-scale New-Keynesian model, we assess the consequences of introducing a fiscal union within EMU. We differentiate between three different scenarios:... -
Worker Personality: Another Skill Bias beyond Education in the Digital Age
We present empirical evidence suggesting that technological progress in the digital age will be biased not only with respect to skills acquired through education but...
