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Mit dem Ziel, bis 2045 klimaneutral zu werden, ist Deutschland ambitionierter als alle anderen G-20-Staaten. Um dieses Ziel zu erreichen, bedarf es einer tiefgreifenden Transformation der Wirtschaft, die mit enormen Investitionen einhergehen muss. Ein Dreh- und Angelpunkt ist die Finanzierung...

SIPP is a nationally representative longitudinal survey that provides comprehensive information on the dynamics of income, employment, household composition, and government program participation. It offers a rich variety of information, allowing for examinations of: - Adult and child...

We evaluate the impact of loan-to-value restrictions on household financial vulnerability. Using Norwegian tax data, we first document a beneficial leverage effect, in which households respond to the regulation by reducing house purchase probabilities, debt and interest expenses. Second, we...

RIDGE invites authors to submit papers to the Workshop. The idea is to create a forum of junior and senior scholars discussing cutting-edge research in economic growth, trade, and economic history dealing with economic development disparities across and within countries. This workshop aims to...

The Digital Development Dialogue (3D) seminar is a monthly 45-minute online forum for policy and research exchange. Two speakers – one researcher and one practitioner – touch upon key topics in development policy with the goal of stimulating a meaningful dialogue across the theory & practice...

We introduce shocks to the availability of US dollar funding for non-US financial intermediaries in a two-country New Keynesian model with financial frictions. Such dollar shortages lead to uncovered interest rate parity deviations and have a significant negative effects on the macroeconomy....

This paper investigates how monetary expansion affects household consumption and savings through household debts. Using monetary policy cuts in China in the end of 2008 as an experiment, we find that the resulted increase in indebted households’ disposable income leads to increasing...

This paper develops a new class of poverty and inequality measures we call common prosperity. This measure complements existing classes of measures and allows decomposition across income sources or components of consumption expenditure. This framework enables us to study the trade-off between...

The aim of this course is to be an introduction in how to do consumer behavior research, rather than to provide exhaustive coverage of the field as a whole. It will focus on evaluating papers, preparing research ideas, and developing them into research proposals in four important areas of...