This paper studies the current crisis in the German pension system and discusses the various reform proposals.

This paper investigates the interindustry wage structure in the 1985 wave of the German Socioeconomic Panel. In addition to the usual controls, this survey contains detailed inf ormation on job characteristics and work conditions. Interaction of industry affiliation is significant with several...

We use futures instead of forward rates to study the complete maturity spectrum of the forward premium puzzle from two days to six months. At short maturities the slope coefficient is positive, but these turn negative as the maturity increases to the monthly level. Futures data allow us to...

The use of futures exchange contracts instead of forwards completes the maturity spectrum of the correlation between the spot yield and the premium. We find that the forward premium puzzle (FFP) depends significantly on the maturity horizon of the futures contract and the choice of sampling...

Using exchange rates futures instead of forwards completes the maturity spectrum of the correlation between the spot return and the premium. The correlation decreases with increasing maturity, presumably due to a latent risk premium. We hypothesize that the influence of the unobserved risk...

This paper studies the effect of endogenous audit probabilities on reporting behavior in a face-to-face compliance situation such as at customs. In an experimental setting in which underreporting has a higher expected payoff than truthful reporting we find an increase in compliance of about 80%...

Für das im Jahr 2025 stattfindende 100-jährige Jubiläum des DIW Berlin und dessen Geschichte ist die hier vorgelegte Dokumentation eines 1999 geführten Gesprächs zwischen den ehemaligen DIW-Abteilungsleitern Fritz Franzmeyer und Reinhard Pohl einerseits und Gert G. Wagner andererseits von...

To the best of our knowledge, most of the few methodological studies which analyze the impact of faked interviews on survey results are based on 'artificial fakes' generated by project students in a 'laboratory environment'. In contrast, panel data provide a unique opportunity to identify data...

"Soziale Dienste" wie die institutionalisierte Kinderbetreuung werden in Deutschland vorwiegend vom Staat selbst bzw. von frei-gemeinnützigen Trägern angeboten. Für die Nutzung dieser sozialen Dienste werden dabei in der Regel Gebühren verlangt, die unterhalb der tatsächlichen Kosten...

In Germany the foreign born population is made up of foreigners and so called "ethnic Germans" who migrated from eastern European countries to Germany. While the first group is confronted with problems arising from the typical German concept of ethnicity and citizenship, the latter are entitled...