Session of the German Data Forum (RatSWD) on "“Climate Economics - data for related research in economics”
Climate (change) induces social, behavioural, and economic challenges. To understand the implications and give reasonable advice, researchers require a quality-assured data basis.
The research data centres (RDCs) accredited by the German Data Forum (RatSWD) provide scientists with a multitude of datasets to describe and analyse the social and economic outcomes of climate (change) along several dimensions. The RatSWD-session presents selected datasets that are available at RDCs. The presentations cover a broad range of data (e.g., energy consumption, eco-innovations, or land-use change) and give examples for empirical analyses.
Chair and introduction: Kerstin Schneider [German Data Forum (RatSWD), University of Wuppertal]
Lectures:
Stephan Sommer and Matthias Kaeding (RWI – Leibniz Institute for Economic Research): Microdata on Energy Consumption, Car Usage and Attitudes toward Climate Change
Moritz Lubczyk (ZEW – Leibniz Centre for European Economic Research): Survey of eco-innovations in the IAB/ZEW Start-up Panel
Gotthard Meinel, Sujit Sikder, and Tobias Krüger (Leibniz Institute of Ecological Urban and Regional Development): IOER Monitor: A Spatio-Temporal Research Data Infrastructure on Settlement and Open Space Development in Germany
Invited Session of the standing Field Committee of Environmental and Resource Economics
Moritz Drupp (Hamburg University): "Pricing Carbon"
Christian Traeger (Oslo University): "Smart Cap"
Grischa Perino (Hamburg University): "Overlapping Climate Policies"
Most economists believe that any effective climate policy requires a price on greenhouse gas emissions. More than 40 national jurisdictions have introduced carbon pricing through a tax or emissions trading, or are about to, covering around 20 percent of global emissions at prices between a few cents and more than $120 per ton of CO2. Yet, getting carbon prices right and making them work in a world with heterogeneous interests and actors is a challenge. This session combines three papers aiming to make carbon pricing fit for the real world. They cover global survey evidence from experts on how to get carbon pricing right (Paper 1), a new cap-and-trade design that can accommodate shifts in market fundamentals such as technology or macroeconomic shocks (Paper 2), and policy backfire in the context of overlapping climate policies (Paper 3). Jointly, the three papers inform the design of carbon pricing policy both in terms of optimal design as well as considering real world complexities.
Lius Oberrauch (Koblenz University): "Financial Literacy and Intertemporal Arbitrage"
Jana Hamdan (DIW): The Effect of Self-Control on Borrowing: Experimental Evidence
Melanie Koch (OENB): "The Effect of Social Comparison on Debt Taking: Experimental Evidence"
Household debt levels are a rising problem worldwide. At the same time, the observed levels of debt taking cannot always be explained by conventional economic theory. This puzzle motivates the research presented in this session. Low levels of financial literacy seem to offer an obvious solution, however financial education has been shown to have limited effects of improving debt related behaviors. Looking at behavioral explanations, such as present biased preferences, limited self-control and social preferences, seems like the next step. The papers in this session examine these three potential causes of debt taking and how these interact with financial literacy, using lab experiments conducted in Germany.
Puja Singhal (PIK): "Distribution of Energy Efficiency and Regional Inequality"
Jakob Lehr (Kiel Institute for the World Economy): "The Effect of Temperature on Energy Use and CO2 Emissions in the German Industry"
Wolf-Peter Schill (DIW Berlin): "The Economics of Variable Renewables and Electricity Storage"
Elisa Rottner (ZEW): "What Drives Carbon Emissions in German Manufacturing: Scale, Technique or Composition?"
Fabian Paetzel (Helmut-Schmidt-University Hamburg): "Markets Reduce Discrimination"
Daniela Rützler (Innsbruck University): "The Ontological Roots of Human Cooperation"
Marco Sahm (Bamberg University): "The Perks of Being in the Smaller Team: Incentives in Overlapping Contests"
Christian Düben (Hamburg University): "Real Iceberg Transport Costs: The Distance Effect of the North Atlantic Iceberg Drift on Trade"
Michael Rindler (Regensburg University): "Changing Language Skills and Trade in Europe"
Joschka Wanner (Potsdam University): "The Consequences of Unilateral Withdrawals from the Paris Agreement"
Tobias Rachidi (Bonn Graduate School of Economics): "Sequential Voting and the Weights of Nations"
Marco Frank (Bayreuth University): "Electoral Turnout During States of Emergency and Effects on Incumbent Vote Shares"
Nicola Maaser (Aarhus University): "Moral Cost in Weighted Committee Decisions"
Paul Bose (Rotterdam University): "Political (self-)selection and competition: Evidence from U.S. Congressional elections“
Alexander Lammers (TU Dortmund University): "Bargaining Power and the Labor Share - a Structural Break Approach"
Nadezhda Zhuravleva (Bonn University): "How Bad Is Labor Market Concentration?: Evidence From Soviet (Urban) Satellites"
Michael J. Böhm (Bonn University): "Occupation Growth, Skill Prices, and Wage Inequality"
Giulia Montresor (c4ed): "Rapid COVID-19 Evidence and Response"
Gerrit Stahn (Halle-Wittenberg University): "The Toll of Voting in a Pandemic? Municipal Elections and the Spread of Covid-19 in Bavaria"
Marius Jäger (Freiburg University): "Network Exposure in the Propagation of the COVID-19 Pandemic"
Theresa Koch (IAB): "Who Suffers the Greatest Loss? Costs of Job Displacement for Migrants and Natives"
Lisa Höckel (RWI): "The Spread of Information - Evidence From Mexico-Us Migration in the Age of the World Wide Web"
Silke Uebelmesser (Jena University): "Biased Beliefs about Immigration and Economic Concerns: Experimental Evidence"
Matthias Kaldorf (Cologne University): "Risky Financial Collateral, Firm Heterogeneity, and the Impact of Eligibility Requirements"
Isabella Müller (Halle Institute for Economic Research): "Climate Change Regulatory Risks and Bank Lending"
Dominik Meyland (St. Gallen University): "Home Bias in Sovereign Exposure and the Probability of Bank Default – Evidence From EU-Stress Test Data"
Nawid Siassi (TU Wien): "On the Optimal Reform of Income Support for Single Parents"
Sebastian Siegloch (ZEW Mannheim & Mannheim University): "Welfare Effects of Property Taxation"
Karl Schulz (Mannheim University): "Redistribution of Return Inequality"
Franz Ostrizek (briq): "Acquisition, (Mis)use and Dissemination of Information: The Blessing of Cursedness and Transparency"
Timm Opitz (Max Planck Institute for Innovation and Competition): "Time Pressure and Regret in Sequential Search"
Patrick Bareinz (Jena University): "News Framing and Policy Support During the COVID-19 Crisis: Evidence from a Survey Experiment"
Dovern, Jonas (Erlangen-Nürnberg University): "Expectation Dispersion, Uncertainty, and the Reaction to News"
Ingrid Haegele (UC Berkeley): "Talent Hoarding in Organizations"
Thomas Krause (Halle Institute for Economic Research): "Do Women Political Leaders Enhance Government Financial Conditions? Evidence from U.S. Cities"
Felix Holub (Mannheim University): "Gender Gaps and the Role of Bosses"
Matthias Westphal: Causal mediation analysis of the effect of education on cognitive abilities
Maximilian Bach: Understanding the Response to High-Stakes Incentives in Primary Education
Christian Wey (DICE): "Multi-Product Pricing and Minimum Resale Price Maintenance"
Andreas Asseyer (FU Berlin): "Welfare and Information Asymmetry in Vertical Relations"
Melanie Arntz (ZEW): "Outsourcing of Business Processes - Firm Level Evidence on Contracting Out"
Anna Herget (Erlangen-Nürnberg University): "Do Midijob Payroll Tax Subsidies Offer an Effective Escape From a Parttime Employment Trap?"
Daniel Goller (Bern University): "Active Labour Market Policies for Long-Term Unemployed: New Evidence From Causal Machine Learning"
Benjamin Börschlein (IAB): "A New Machine Learning-Based Treatment Bite for Long Run Minimum Wage Evaluations"
Josef Platzer (Brown University): "Secular Drivers of the Natural Rate of Interest in the U.S."
Erik Dasenbrock (Rostock University): "Secular Stagnation and Unemployment"
Thomas Überfuhr (LMU Munich): "Long-Run Development from a Global Perspective"
Matthias Neuenkirch (Trier University): "The Financial Accelerator in the Euro Area: New Evidence Using a Mixture VAR Model"
Manfred Kremer (ECB): "Measuring Systemic Financial Stress and its Impact on the Macroeconomy"
Mauricio Salgado-Moreno (HU Berlin): "Monetary Policy, Excess Reserves and Credit Supply: Old-Style vs. New-Style Central Banking"
Dietmar Fehr (Heidelberg University): "Perceived Relative Wealth and Risk Taking"
Christoph Bühren (Clausthal University of Technology): "The Demand for Punishment to Promote Cooperation Among Like-Minded People"
Carlo Gallier (ZEW): "The Ratchet Effect in Social Dilemmas"
Simon Finster (Oxford University): "Selling Multiple Complements with Packaging Costs"
Fabian Schmitz (Bonn University): "Consumer Protection or Efficiency? The Case of Partitioned Pricing"
Hendrik Hakenes (Bonn University): "Face Masks, Yeast, and Toilet Paper: Panic Purchases and Stockpiling"
Panel on "The Political Economy of Climate Change: Why interventionism and
symbolic politics outplay carbon pricing"
There is a broad consensus among climate economists that carbon pricing should be the main instrument to combat climate change. However, energy and climate policies in Germany are in many cases still highly interventionist and often tend to resort to symbolic measures. The panel discussion aims at analysing why economically efficient instruments like carbon pricing face such a hard time when it comes to political implementation, what the chances are for a more rational climate policy, and what role economics and economists can play.
Panel discussion:
• Ottmar Edenhofer (Director and Chief Economist of the Potsdam Institute
for Climate Impact Research)
• Christian Flachsland (Hertie School Berlin)
• Veronika Grimm (University of Erlangen-Nuernberg and (Friedrich
Alexander University Erlangen-Nürnberg, German Council of Economic
Experts)
• Tanja Wielgoß (Vattenfall Wärme Berlin AG)
Moderation:
Patrick Bernau (Frankfurter Allgemeine Sonntagszeitung)
Workshop for Female Economists
The public dialogue about the economy could and should be more diverse. Female Economists and their work are underrepresented in der media landscape. Two journalists from FAZ and SZ offer insights into the inner workings of the media. Refining the 2020 edition, we would this time like to focus on real life case studies: "I wrote a paper and nobody in the media talks about it - is there any way to change this?", "That media report grinds my gears. Besides being upset, what can I do?", "Public discourse really misses the perspective/idea XYZ, so now what?" We are open for any questions from the audience and any experience with journalists to discuss. We also invite you to send in any case or question that you want to discuss beforehand. See you there!
Moderation:
• Maja Brankovic (Frankfurter Allgemeine Zeitung)
• Bastian Brinkmann (Süddeutsche Zeitung)
Invited Session of the Standing Field Committee of Public Finance
Mehmet Ayaz (LMU): "Joint Taxation of Labor Income and Wealth"
Andreas Peichl (ifo): "Inverse Fair Taxation – What do European Countries Compensate for?"
Kerstin Schneider (Wuppertal University): "School choice, matching algorithms, and segregation"
Invited Session Finanzwissenschaftlicher Ausschuss.
The authors present new theoretical, empirical, and policy oriented work on income (re)-distribution, fairness, and equality of opportunity. The session provides a showcase of topical research in the German speaking public economics community and displays the work of the "Finanzwissenschaftlicher Ausschuss".
Tabea Bucher-Koenen (ZEW): "Fearless Girl: Women’s financial literacy and stock market participation"
Sarah Reiter (ifi): "The Effect of Financial Literacy on Granting Third-Party Guarantees"
Tim Kaiser (Landau University): "Financial Education Affects Financial Knowledge and Downstream Behaviors"
Three papers on different aspect of financial literacy will be presented. The first paper investigates whether the gender gap in financial literacy reflects a lack of knowledge or a lack of confidence. A survey experiment shows that women often choose the correct answer when the “do not know” response option is not available. Both finan-cial knowledge and confidence explain stock market participation.
The second paper provides evidence on how well individuals understand the concept of contingent liabilities. It introduces a new measure capturing the knowledge about guarantees and shows that guarantee literacy significantly reduces an individual’s propensity to act as a guarantor.
The third paper studies the causal effect of financial education programs is a meta-analysis of 76 randomized experiments. The evidence shows that financial education programs have, on average, positive causal treatment effects on financial knowledge and downstream financial behaviors.
Eva Weingärtner (Kassel University): "Do Climate Framings Increase Pro-Environmental Engagement? Evidence From a Survey Experiment on Public Transport"
Helena Fornwagner (Regensburg University): "Climate Action for (My) Children"
Lara Bartels (ZEW Mannheim): "Do Municipal Climate Protection Activities interfere with Individual Engagement?"
Philip Mensing (Münster University): "The Effect of Climate Risk on Corporate Operating Costs"
Manuel Linsenmeier (LSE): "Temperature Variability and Long-Run Economic Development"
Alexander Marbler (Graz University): "Water Scarcity, Agriculture, and Economic Growth: A Globally Disaggregated Analysis"
Nora Szech (KIT): "Understanding Demand for COVID-19 Antibody Testing"
Johannes Lohse (Birmingham University): "Absolute Groupishness and the Demand for Information"
Jan Philipp Krügel (Helmut-Schmidt-University Hamburg): "The Impact of Fake Reviews on Reputation Systems and Efficiency"
Fabian Bopp (Paderborn University): "Conformism of Minorities:Theory and Experiment"
Clemens Buchen (WHU-Otto Beisheim School of Management): "Reform Paths and Institutional Resilience"
Ulrich Matter (St. Gallen University): "Googling the 2020 US Election"
Kai Gehring (Zurich University): "Global Terror Propaganda"
Yuanwei Xu (Hannover University): "Shut Down: The Persistent Impact of the Covid-19 Restrictions on Small Business Owners in Rural Uganda"
Valentin Lindlacher (ifo & LMU Munich): "Digital Infrastructure and Local Economic Growth: Early Internet in Sub-Saharan Africa"
Anna Reuter (Göttingen University): "Did You Know? The Effect of SMS Reminders on Health Screening Uptake in Indonesia"
Marian Rümmele (Tübingen University): "The Effects of the German Minimum Wage on the Distribution of Hourly Wages and Hours Worked"
Maximilian Blömer (ifo & HU Berlin): "Unemployment Effects of the German Minimum Wage in an Equilibrium Job Search Model"
Julia Lang (IAB): "Predicting Long-Term Unemployment Using Machine Learning Techniques and Administrative Data"
Niklas Gohl (Potsdam University): "Gentrification and Affordable Housing Policies"
Matthias Kaeding (RWI): "Equal Access to Primary Care: A Benchmark for Spatial Allocation"
Marie-Louise Arlt (LMU & SLAC): "Automated Bidding in and Welfare Effects of Local Electricity Markets"
Lucas Radke (Cologne University): "Experience-Based Heterogeneity in Expectations and Monetary Policy"
Christoph Große Steffen (Banque France): "Anchoring of Long-Term Inflation Expectations: Do Inflation Target Formulations Matter?"
Bernd Hayo (Marburg University): "Does Quantitative Easing Affect People’s Personal Financial Situation and Economic Inequality? The View of the German Population"
Joachim Jungherr (Bonn University): "Corporate Debt Maturity Matters For Monetary Policy"
Maja Adena (WZB Berlin): "Charitable Giving by the Poor: A Field Experiment in Kyrgyzstan"
Julian Harke (WZB Berlin): "Covid-19 and Pro-Sociality: The Effect of Pandemic Severity and Increased Pandemic Awareness on Charitable Giving"
Anthony Strittmatter (CREST-ENSAE): "Optimal Targeting in Fundraising: A Machine Learning Approach"
Petra Thiemann (Lund University): "Teacher-To-Classroom Assignment and Student Achievement"
María Daniela Araujo P. (Bamberg University): "Does Test-Based Teacher Recruitment Work in the Developing World? Experimental Evidence from Ecuador"
Johanna Sophie Quis (Hannover University): "Teacher Effects in Germany: Evidence from Elementary School"
Tobias Hartl (Regensburg University): "Monitoring the Pandemic: A Fractional Filter for the Covid-19 Contact Rate"
Malte Rieth (DIW Berlin): "Disentangling Covid-19, Economic Mobility, and Containment Policy Shocks"
Christopher Busch (Autonomous University of Barcelona): "Evaluating the Effectiveness of Policies Against a Pandemic"
Hoa Ho (LMU Munich): "Loss Aversion, Moral Hazard, and Stochastic Contracts"
Mats Köster (Düsseldorf University): "Steering Fallible Consumers"
Paul Heidhues (DICE): "Procrastination Markets"
Mario Fernandes (Göttingen University): "Did the Women Professors Program Break the Glass Ceiling in German Academia?"
Jonas Jessen (DIW Berlin & FU Berlin): "Culture, Children and Couple Gender Inequality"
Tanja Fendel (IAB): "What Is Going On When Migrant Women Integrate Into the Labor Market?: Autonomy, Dependency or Gender and the Couples’ Division of Housework"
Laura Pagenhardt (FU Berlin): "Committed to Flexible Fiscal Rules"
Ricardo Duque Gabriel (Bonn University): "The Effects of Government Spending in the Eurozone"
Anna-Mariia Tkhir (Frankfurt University): "Education and Tax Policies in the Presence of Informality"
Dzung Bui (Marburg University): "The Effects of Fiscal Policy on Households during the COVID-19 Pandemic"
Daniel Fricke (Deutsche Bundesbank): "Synthetic Leverage and Fund Risk-Taking"
Alexander Rieber (Ulm University): "Regulating a Highly Concentrated Industry: Implications From Dodd-Frank"
Matthias Gnewuch (Bonn University): "On the Heterogeneous Interest Rate Sensitivity of Firms' Investments"
Christoph Kaufmann (ECB): "Macroprudential Policies in a New Keynesian Model with Investment Funds"
Ignat Stepanok (IAB): "FDI and Unemployment, a Growth Perspective"
Klaus Eisenack (HU Berlin): "Drivers of Urban Climate Change Mitigation Plans in Europe"
Achim Hagen (HU Berlin): "Endogenous Climate Policy, Systemic Risk and Asset Stranding"
Thomas F. Rutherford (University of Wisconsin): "Will Covid-19 Change the Calculus of Climate Policy?"
Jan-Luca Hennig (Trinity College Dublin): "Labor Market Polarization and Intergenerational Mobility: Theory and Evidence"
Johannes Wacks (Mannheim University): "Labor Market Polarization with Hand-to-Mouth Households"
Jennifer Feichtmayer (Erlangen-Nünrberg University): "Intergenerational Transmission of Welfare: Evidence from Germany"
The Panel will be held in German.
Panel zum Thema "Frauen in die Wirtschaftspolitik" mit Vertreterinnen und Vertretern verschiedener Bundesministerien und des Bundeskanzleramtes.
Ziel ist es, mit dem Panel Wissenschaftlerinnen anzusprechen, die an Aktivitäten in der Wirtschaftspolitik interessiert sind und ihnen den Einstieg in die wirtschaftspolitische Beratung zu erleichtern.
Panel-Teilnehmer/innen:
• Vanessa Ajuha (BMAS)
• Andrea Schneider (BKanzA)
• Dorothea Schütz (BMWi)
• Jakob von Weizsäcker (BMF)
Moderation: Monika Schnitzer (LMU)
The panel will be held in German.
Panel of the ZBW - Leibniz Information Centre for Economics on ""Erwartungshaltungen an und Lösungsoptionen für inhaltsgetriebenes Forschungsdatenmanagement bei KonsortSWD"
Das Thema „Climate Economics” der Jahrestagung unterstreicht, dass für interdisziplinäre Forschung immer mehr Wissen aus unterschiedlichen Domänen zusammengeführt werden muss. Für empirische Forscher:innen bedeutet dies oft, dass Daten aus unterschiedlichen Entstehungskontexten, die mit unterschiedlichen Methoden erhoben wurden, völlig neuartigen, interdisziplinären Forschungszielen zugeführt werden müssen. Die Ansprüche an ein FAIRes Forschungsdatenmanagement (FDM) als Voraussetzung für gute Forschung werden damit immer deutlicher. Das Konsortium „KonsortSWD“ vertritt in der Nationalen Forschungsdateninfrastruktur (NFDI) die FDM-Belange der Sozial-, Verhaltens-, Bildungs- und Wirtschaftswissenschaften. Das Panel stellt dar, welche unterschiedlichen Ansprüche sich vor diesem Hintergrund an FDM stellen. So bildet die Einführung von Persistent Identifiern auf einem Granularitätsniveau, die eine eindeutige Referenzierung von Forschungsdaten auch auf der Ebene einzelner Datensatzelemente (wie Umfragevariablen) erlaubt, ein Kernstück FAIRen Forschungsdatenmanagements. Auch die Auffindbarkeit von Forschungsdaten im Web muss von der Ebene allgemeiner Studienbeschreibungen ausgedehnt werden auf die Findbarkeit der Elemente einer Studie. Ein spezifischer Fokus liegt schließlich auf der Sicherstellung der semantischen Interoperabilität von Forschungsdaten, die – gerade mit Blick auf die interdisziplinäre Verknüpfbarkeit von Forschungsdaten –sicherlich die größte Herausforderung für FAIRes FDM darstellt. Der übergeordnete Schwerpunkt des Panels besteht darin, fachlich-inhaltliche Anforderungen mit technischen Lösungsoptionen abzugleichen, um Forschende – speziell in interdisziplinären Forschungskontexten wie „Climate Economics” – bestmöglich bei ihren Aufgaben zu unterstützen.
Panel-Teilnehmer/innen:
• Stefan Liebig (DIW-SOEP)
• Jürgen Faik (FDZ der Deutschen Rentenversicherung BUND)
• Peter Mutschke (GESIS)
• Kerstin Schneider (RatSWD)
• Klaus Tochtermann (ZBW)
Keynote III on "U.S. Climate Policies: The Biden Administration’s First Seven Months“" by Catherine Wolfram (University of California, Berkeley)
Speaker: Catherine Wolfram (University of California, Berkeley)
Moderation: Timo Goeschl (Heidelberg University)
Catherine Wolfram is on leave from her position at UC Berkeley’s Haas School of Business, serving as Deputy Assistant Secretary for Climate and Energy Economics at the U.S. Treasury. She will discuss Treasury’s role in President Biden’s whole-of-government approach to addressing climate change and describe some of the Administration’s recent initiatives. She will also provide perspective on the transition from academia to government.
VfS Panel on "Junior Career Development in Economics"
Starting a career as junior economist is exciting but also full of challenges. The Verein für Socialpolitik's board made "Junior Career Development" its focus topic for the years 2021-22, aiming to analyze and improve the current situation of young economists in Germany, Austria and Switzerland. The panel will show first results of a data collection and invite the conference participants to discuss possible ways forward.
Panel Discussion:
• Christian Bayer (VfS Commissioner for Career Development, Bonn
University)
• Wolf Prieß (Joachim Herz Stiftung)
• Caren Sureth-Sloane (VfS Vice Chair, Paderborn University)
• Jonas von Wangenheim (Bonn University)
• Georg Weizsäcker (VfS Chair)
Invited Session of the Standing Field Committee of International Economics
Mario Larch (Bayreuth University): "Uncertainty in Global Sourcing"
Valeria Merlo (Tübingen University): "Regional Implications of National Tax Policy"
Marc-Andreas Muendler (University of California, San Diego): "Tasks, Occupations, and Wage Inequality in an Open Economy"
Quantitative models have become a cornerstone of modern trade theory. Using theoretical model structure for identification in structural empirical models, quantitative trade models allow for estimation of deep model parameters and thus counterfactual analysis of large policy interventions. This session comprises three new research papers in this field and thereby shows one important strand of research conducted by the Standing Field Committee in International Economics
Nikolaus Wolf (HU Berlin): "On the origins of national identity. German nation-building after Napoleon"
Ulrich Pfister (Muenster University): "Germany’s transition from a post-Malthusian to a modern growth regime, 1860s to 1880s"
Charlotte Bartels (DIW Berlin): "Phases and drivers of inequality in Germany, 1840-1917"
150 years ago, the German Empire was founded. In this session we will discuss some key aspects of the (economic) origins of "1871" as well as several consequences this had for economic change. The session has two parts. In the first part, we discuss the formation of a national identity, as an important factor for nation building, the transition of Germany into a modern growth regime between 1850 and 1880, and the dynamics of growth and inequality between 1840 and 1913. In the second part, we discuss major consequences of "1871"for economic change: the political economy of Bismacks social insurance, Germany's adoption of the gold standard, and the integration of Germany into the global economy.
Felix Meier (ifW): "Strategic Interactions and Uncertainty in Integrated Assessment of Climate Change"
Svenn Jennsen (Oslo University): "Pricing Climate Risk"
Holger Kraft (Frankfurt University): "Asset Diversification versus Climate Action"
The session presents recent conceptual and methodological advancements in the integrated assessment of climate change. The papers use a global integrated assessment model of climate change (IAM) to analyze climate policy. Each paper examines a different aspect of climate policy and, for this purpose, pushes the envelope of IAM modeling in a different direction. The first paper uses an analytic integrated assessment model with a closed-form solution to examine a dynamic game governing regional policies. The second paper uses a general IAM to characterize different risk channels driving a “climate policy risk premium” and quantifies the risk premium for a variety of scenarios based on the DICE model. The third paper connects a global IAM, a variety of climate risks, and asset markets to analyze the role of asset diversification for the energy transition.
Christina Roolfs (MCC Berlin, PIK & TU Berlin): "Technology Beats Capital -- Sharing the Carbon Price Burden in Federal Europe"
Stephan Sommer (RWI): "Supporting Carbon Taxes: The Role of Fairness"
Matthias Weitzel (European Commission - Joint Research Centre): "Prices and Standards for Equitable Climate Policy in Europe"
Johannes Jarke-Neuert (Hamburg University): "Climate Protest is a Strategic Game: Theory and Evidence"
Raphael Schoenle (Brandeis University): "The Expectations Channel of Climate Change:Implications for Monetary Policy"
Daniel Engler (Kassel University): Priming Religious Identity and Pro-Environmental Choices"
Christoph Drobner (TU Munich): "Ego-Motivated Belief Updating and Rationalization of Information"
Max Lobeck (PSE): "Motivating Beliefs in a Just World"
Irenaeus Wolff (Thurgauer Wirtschaftsinstitut & Konstanz University): "Biases in Belief Reports"
Nathalie Luck (Passau University): "Can Religion Help to Combat Fire? Empirical Evidence From Indonesia"
Laura Renner (Freiburg University): "Polygyny, Inequality, and Social Unrest"
Kristina Czura (Groningen University): "Social Norms and Information in Menstrual Health Management"
Davud Rostam-Afschar (Hohenheim University): "How do Firms Form Preferences About Fiscal Policy?"
Andreas Lichter (Düsseldorf University): "Profit Taxation, R&D Spending and Innovation"
Christopher Ludwig (ZEW): "Internal Digitalization and Tax-efficient Decision Making"
Lena Dräger (Hannover University): "Consumer Sentiment During the COVID-19 Pandemic"
Enzo Weber (IAB): "Lockdown Length and Strength: Labour-Market Effects in Germany During the Covid-19 Pandemic"
Thomas Dengler (HU Berlin): "Short-Time Work and Precautionary Savings"
Selina Gangl (Fribourg University): "How Residence Permits Affect the Labor Market Attachment of Foreign Workers: Evidence From a Migration Lottery in Liechtenstein"
Maurizio Strazzeri (Bern University): "Assessing the Role of Asylum Policies in Refugees' Labor Market Integration: The Case of Protection Statuses in the German Asylum System"
Christina Vonnahme (RWI): "Do Native-Migrant Achievement Gaps Narrow? Evidence Over The School Career"
Annika Herr (Hannover University): "Incentives Not to Adopt NHS Prescribing Guidelines”
Bernd Josef Leisen (Vechta University): "Overcoming Peer Pressure to Drink"
Bettina Siflinger (Tilburg University): "The Effect of Retirement on Mental Health: Indirect Treatment Effects and Causal Mediation"
Kristof Dascher (Regensburg University): "City Skew and Homeowner Subsidy Removal"
Matthias Wrede (Erlangen-Nürnberg University): "How Short-Term Rentals Are Changing the Neighborhood"
Benjamin Wache (Vrije Universiteit Amsterdam): "Information Frictions, Global Capital Markets, and the Telegraph"
Jantke de Boer (TU Dresden): "A Cross-Sectional Analysis of Foreign Currency Returns Around Us Presidential Election TV Debates"
Iryna Stewen (Mainz University): "Growing Like Germany: Local Public Debt, Local Banks, Low Private Investment"
Tomasz Sulka (Düsseldorf University): "Dimensions of Cognitive Ability and Economic Decisions"
Zarko Kalamov (TU Berlin): "Evaluating Marginal Internalities: a New Approach"
Thomas Neuber (Bonn University): "Egocentric Norm Adoption"
Hannah Schildberg-Hörisch (DICE & Düsseldorf University): "Sensitive Periods in the Formation of Socio-Emotional Skills: Evidence from a Randomized Controlled Trial"
Malte Sandner (IAB): "The Malleability of Social Preferences: Causal Evidence for Disadvantaged Children"
Tim Ruberg (Hohenheim University): "Effects of Choice of Early Childhood Education and Care on Cognitive and Non-Cognitive Ability in Japan"
Tommaso Bighelli (IWH): "European Firm Concentration and Aggregate Productivity"
Felix Pöge (Max Planck Institute for Innovation and Competition): "Competition and Innovation: The Breakup of IG Farben"
Falk Laser (ABC economics) : "Common Ownership in the Dutch Banking Market"
Krzysztof Pytka (Mannheim University): "Understanding the Sources of Earnings Losses After Job Displacement: A Machine-Learning Approach"
Almut Balleer (RWTH Aachen): "How Does Misperception of Labor Market Risk Affect Labor Market Outcomes?"
Gesine Stephan (IAB & Erlangen-Nürnberg University): "Do Early Integration Agreements and Action Plans Help Not-Yet-Unemployed Persons to Avoid Unemployment? Findings From a Randomized Field Experiment"
Jonathan Schiller (Bayreuth University): "A Model for Central Bank Digital Currencies: Implications for Bank Funding and Monetary Policy"
Nora Lamersdorf (Frankfurt University): "A Unified Framework for CBDC Design: Remuneration, Collateral Haircuts, and Quantity Constraints"
Gavin Goy (De Nederlandsche Bank): "A Structural Investigation of Quantitative Easing"
Hanna Hottenrott (TU Munich): "Start-Up Subsidies and the Sources of Venture Capital"
Thomas Kroen (Princeton University): "Do Myopic Firm Owners Trade off Payouts for Investment? Evidence From Share Buyback Reform"
Andreas Barth (Frankfurt University): "ICO Analysts"
Lea Nassal (Duisburg-Essen University): "Couples, Careers, and Spatial Mobility"
Cara Ebert (RWI): "Counting Missing Women – A Methodological Reconciliation of the `Flow Measure’ and the `Stock Measure’"
Yuanwei Xu (Hannover University): "Paying for the Selected Son: Sex Imbalance and Marriage Payments in China"
Panel of the Local Organizers "The corona pandemic - economic consequences and economic policy responses"
The corona pandemic and the associated lockdown measures led to a decline in economic activity in about the same order of magnitude as the economic and financial crisis in 2008/9 - but for entirely different reasons. The organizers’ panel session will focus on the macroeconomic consequences and policy responses of the corona crisis. Special attention will be given to labour market issues and the effects on the real estate market.
Panel Discussion:
• Claudia Buch (German Federal Bank)
• Bernd Fitzenberger (IAB)
• Tobias Just (International Real Estate Business School)
• Monika Schnitzer (German Council of Economic Experts)
Moderation: Karen Horn (Erfurt University)
Award of the GUSTAV STOLPER PRIZE
by Georg Weizsäcker (Chairman of the Verein für Socialpolitik)
The Gustav Stolper Prize of the Verein für Socialpolitik is endowed with €5,000. The prize was initiated to honour outstanding researchers who have influenced the public debate on economic interrelationships and problems with the findings of economic research and who have made important contributions to understanding and solving economic problems in an international comparison.The prize aims to promote the internationalization of German economics.
The prize is named after the economist Gustav Stolper (1888 -1947). Stolper became co-editor of the "Österreichischer Volkswirt" in 1913 and made a name for himself in the following years as founder and editor of various economic journalistic publications.
As a member of the board of the German Democratic Party, he entered the Reichstag in the 1930 elections as the top candidate of the newly founded state party. When Hitler seized power, Stolper emigrated with his family to the United States, where he served, among other things, as economic policy advisor to the commission of inquiry headed by Herbert Hoover into the economic situation in Germany and Austria.
You can find information about previous award
winners at www.socialpolitik.org.