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  • Research Project

    WEALTHTRAJECT: Understanding Trajectories of Wealth Accumulation and Their Variability

    As part of the ERC Consolidator Grant WEALTHTRAJECT, SOEP Senior Research Fellow Philipp Lersch will break new ground in wealth research over the next five years, and further expand the range of high quality data collection by SOEP. WEALTHTRAJECT is the first project to comprehensively and systematically investigate diversity in long-term wealth trajectories within and between social groups. The...

    Current Project| German Socio-Economic Panel study
  • Refereed essays Web of Science

    Risk Preference and Entrepreneurial Investment at the Top of the Wealth Distribution

    This study quantifies the distributional effects of the minimum wage introduced in Germany in 2015. Using detailed Socio-Economic Panel survey data, we assess changes in the hourly wages, working hours, and monthly wages of employees who were entitled to be paid the minimum wage. We employ a difference-in-differences analysis, exploiting regional variation in the “bite” of the minimum wage. At the ...

    In: Empirical Economics (2024), im Ersch. [Online first: 2023-08-01] | Frank M. Fossen, Johannes König, Carsten Schröder
  • Refereed essays Web of Science

    The Heterogeneous Effects of Social Assistance and Unemployment Insurance: Evidence from a Life-Cycle Model of Family Labor Supply and Savings

    We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment insurance; however, the opposite holds ...

    In: American Economic Journal: Macroeconomics (2024), im Ersch. | Peter Haan, Victoria Prowse
  • Refereed essays Web of Science

    Rent Control Effects through the Lens of Empirical Research: An Almost Complete Review of the Literature

    Rent control is a highly debated social policy that has been omnipresent since World War I. Since the 2010s, it is experiencing a true renaissance, for many cities and countries facing chronic housing shortages are desperately looking for solutions, directing their attention to controling housing rents and other restrictive policies. Is rent control useful or does it create more damage than utility? ...

    In: Journal of Housing Economics (2024), 101983, im Ersch. [online first: 2024-02-20] | Konstantin A. Kholodilin
  • Nicht-referierte Aufsätze

    Kindergeld oder Kinderfreibetrag? Ein steuer- und familienpolitischer Evergreen

    In: Wirtschaftsdienst 104 (2024), 2, S. 70-71 | Stefan Bach
  • Refereed essays Web of Science

    Testing Marx: Capital Accumulation, Income Inequality, and Socialism in Late Nineteenth-Century Germany

    We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led to a rise in the capital share and income inequality, as predicted by orthodox Marxists. But against their ...

    In: The Review of Economics and Statistics (2024), im Ersch. [online first: 2023-03-15] | Charlotte Bartels, Felix Kersting, Nikolaus Wolf
  • DIW Weekly Report 4/5 / 2024

    The Energy Transition in France: Expansion of Renewables Stalling, Good Progress on Heat Pumps

    The energy transition is a major challenge for both Germany and France. This Weekly Report provides an overview of the short- and long-term goals as well as current developments and trends in France’s energy and climate policy. It reveals that France is largely on track with its greenhouse gases targets and is also making good progress on installing heat pumps. However, its expansion of renewable energy ...

    2024| Adeline Guéret, Wolf-Peter Schill
  • Diskussionspapiere 2068 / 2024

    The Broken Elevator: Declining Absolute Mobility of Living Standards in Germany

    This study provides the first absolute income mobility estimates for postwar Germany. Using various micro data sources, we uncover a steep decline in absolute mobility rates from 81 percent to 59 percent for children’s birth cohorts 1962 through 1988. This trend is robust across different ages, family sizes, measurement methods, copulas, and data sources. Across the parental income distribution, we ...

    2024| Timm Bönke, Astrid Harnack-Eber, Holger Lüthen
  • Workshop

    Unveiling Wealth and Income Inequalities

    The 2-day workshop, supported by the German Research Foundation, will bring together researchers to discuss and exchange ideas on critical issues surrounding wealth and income inequalities. Featured presentations will highlight work on a wide range of topics, including savings and wealth accumulation, measuring income inequality and poverty, long-run dynamics of income and wealth distributions,...

    26.10.2023| Martin Blomhoff Holm (University of Oslo), Bertrand Garbinti (CREST-ENSAE)
  • Cluster-Seminar Öffentliche Finanzen und Lebenslagen

    Closing the Gaps? The Impact of Student Aid Eligibility on Application Behavior to Higher Education

    This study examines how conditional aid eligibility influences students’ application behaviors using extensive data from the French national application platform, Admission Post Bac (APB). Employing a generalized difference-in differences approach, we analyze the impact of an exogenous change in the income threshold for financial aid eligibility. Our primary focus is on high-achieving students, a...

    24.10.2023| Clara Schäper
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