We provide evidence on the dynamics, drivers, and consequences of attention to the macroeconomy using tailored panel surveys of German firms and households. Draw-ing on novel measures of attention based on open-ended questions collected before and during a historic shock to inflation, we...

Der zeitnahe Zugang zu qualitativ hochwertigen Unternehmensdaten ist für Wirtschaftsforscher*innen von entscheidender Bedeutung für empirische Spitzenforschung und dem Wettbewerb um die besten Köpfe sowie für evidenzbasierte Politikberatung, zuverlässige Prognosen und...

Equality of opportunity is an important normative ideal of distributive justice. In spite of its wide acceptance and economic relevance, standard estimation approaches suffer from data limitations that can lead to both downward and upward biased estimates of inequality of opportunity. These...

The highly dynamic nature of the COVID-19 crisis poses an unprecedented challenge to policy makers around the world to take appropriate income-stabilizing countermeasures. To properly design such policy measures, it is important to quantify their effects in real-time. However, data on the...

In dieser Expertise für den Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung werden Reformen im Steuer- und Transfersystem untersucht, die darauf abzielen, die Erwerbsanreize zu stärken. Es handelt sich hierbei um Reformen in der Grundsicherung und bei der...

We examine how inequality evolved in Germany during the 1983-2020 period. Labor market participation of women increased significantly, while average weekly working hours of women changed little. Gender differences in earnings are still pervasive and more pronounced for individuals with children....

This paper analyzes the e¤ectiveness of the tax and transfer systemsin the European Union and the US to act as an automatic stabilizer in the currenteconomic crisis. We …nd that automatic stabilizers absorb 38 per cent of a propor-tional income shock in the EU, compared to 32 per cent in the...

As the link between tax compliance and tax morale is found to be robust,finding the determinants of tax morale can help to understand and fight taxevasion. In this paper we analyze the effect of progressive taxation on taxmorale in a cross-country approach - which has not been investigated...

Despite numerous studies on labor supply, the size of elasticities is rarely comparable acrosscountries. In this paper, we suggest the first large-scale international comparison ofelasticities, while netting out possible differences due to methods, data selection and theperiod of investigation....

Whether observed differences in redistributive policies across countries are the result ofdifferences in social preferences or efficiency constraints is an important question that pavesthe debate about the optimality of welfare regimes. To shed new light on this question, weestimate labor supply...