The debate about making investments and the financial sector more sustainable often focuses on a narrow distinction between "green" and "brown" assets that does not match the situation in the real economy, writes Franziska Schütze from the German Institute for Economic Research (DIW). The sustainable finance expert says journalists need to read between the lines and make the many colours visible to ...
According to a recent paper by Gelfand et al., COVID-19 infection and case mortality rates are closely connected to the strength of social norms: “Tighter” cultures that abide by strict social norms are more successful in combating the pandemic than “looser” cultures that are more permissive. However, countries with similar levels of cultural tightness exhibit big differences in mortality rates. We ...
This paper provides novel empirical results on the welfare impact of sanctions when countries coordinate their sanctions packages. To do so, weconduct simulations with the Caliendo and Parro (2015) CGE model of the world economy that provides changes in welfare under different hypothetical setups of sanctions coalitions. Focusing on the 2012 wave of sanctions against Iran and the 2014 sanctions...
Worldwide decarbonization is not on track. While the magnitude of the challenge is beyond doubt, as well as the fact that inaction now drastically increases the costs of decarbonisation in the future, decision-makers around the world are shying away from determined action. While this is partly due to political opportunism, it also reflects a lack of clarity on the potential roadmaps towards deep...
Der neue Ethikkodex des Vereins für Socialpolitik nimmt Stellung gegen die Diskriminierung von Frauen und Minderheiten, sexuelle und anderweitige Belästigung im Arbeitsumfeld sowie das Schaffen eines feindseligen Umfelds. Neuere Untersuchungen zeigen, dass eine Gleichberechtigung von Frauen und Minderheiten in der Volkswirtschaftslehre noch nicht vorliegt. Der erweiterte Ethikkodex ist ein Schritt ...
Within the Preparation Module for the Einstein Center for Population Diversity (ECPD), diverse research institutions came together to provide new survey instruments for the innovation sample in the German Socio-Economic Panel (SOEP-IS). With the goal of collecting insightful information about future narratives and family care, central topics of the ECPD research endeavor, factorial survey was chosen ...
Motherhood and parental leave interrupt employment relationships, likely imposing costs on firms. We document that mothers who are difficult to replace internally take shorter leave and that their firms hire replacements more often. Introducing more generous parental leave benefits erases the link between mothers' internal replaceability and their leave duration. In firms with few internal substitutes ...