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Construction Industry: High Price Momentum Continues, Industry Performing Well Despite COVID-19

Sales in the construction industry will continue to increase strongly in 2022 and 2023. Overall, DIW Berlin estimates a nominal increase in construction volume of almost 13 percent in 2022 and six percent in 2023 to 585 billion euros. In 2021, construction volume increased by ten percent to 488 billion euros, which is around 15 percent of GDP. This shows that construction demand remains at a high level ...

Subjective Age and Attitudes toward Own Aging across Two Decades of Historical Time

A large body of empirical evidence has accumulated showing that the experience of old age is “younger,” more “agentic,” and “happier” than ever before. However, it is not yet known whether historical improvements in well-being, control beliefs, cognitive functioning, and other outcomes generalize to individuals’ views on their own aging process. To examine historical changes in such views on aging, ...

SOEP-Core – 2019: Sampling, Nonresponse, and Weighting in the Sample P

Coal Transitions - Part 1: A Systematic Map and Review of Case Study Learnings from Regional, National, and Local Coal Phase-Out Experiences

A rapid coal phase-out is needed to meet the goals of the Paris Agreement, but is hindered by serious challenges ranging from vested interests to the risks of social disruption. To understand how to organize a global coal phase-out, it is crucial to go beyond cost-effective climate mitigation scenarios and learn from the experience of previous coal transitions. Despite the relevance of the topic, evidence ...

The Role of Different School Organizational Models in the Psychological Adaptation of Refugee Adolescents

Given the high number of refugee children and adolescents around the globe, it is critical to determine conditions that foster their adaptation in the receiving country. This study investigated the psychological adaptation of recently arrived adolescent refugees in Germany. We focused on whether psychological adaptation reflects the organizational approach taken by the school that refugee adolescents ...

Comparison of Local Projection Estimators for Proxy Vector Autoregressions

Different local projection (LP) estimators for structural impulse responses of proxy vector autoregressions are reviewed and compared algebraically and with respect to their small sample suitability for inference. Conditions for numerical equivalence and similarities of some estimators are provided. Two generalized least squares (GLS) projection estimators are found to be more accurate than the other ...

Data on Digital Transformation in the German Socio-Economic Panel

Public debates and current research on “digitalization” suggest that digital technologies could profoundly transform the world of work. While broad claims are common in these debates, empirical evidence remains scarce. This calls for reliable data for empirical research and evidence-based policymaking. We implemented a data module in the Socio-Economic Panel to gather information on digitalization ...

The Signalling Channel of Negative Interest Rates

Negative interest rates remain a controversial policy for central banks. We study a novel signalling channel and ask under what conditions negative rates should exist in an optimal policymaker’s toolkit. We prove two necessary conditions for the optimality of negative rates: a time-consistent policy setting and a preference for policy smoothing. These conditions allow negative rates to signal policy ...

Center-Based Care and Parenting Activities

We examine the relationship between parenting activities and center-based care using time diary and survey data for mothers in Germany. While mothers using center-based care spend significantly less time in the presence of their child, we find that differences in the time spent on specific activities such as reading, talking, and playing with the child are relatively small or zero. The pattern of results ...

The Development of the Rank-Order Stability of the Big Five across the Life Span

Several studies have suggested that the rank-order stability of personality increases until midlife and declines later in old age. However, this inverted U-shaped pattern has not consistently emerged in previous research; in particular, a recent investigation implementing several methodological advances failed to support it. To resolve the matter, we analyzed data from two representative panel studies ...