Heterogeneity in Phillips Curve slopes among members of a monetary union can lead to downward biases to estimates of the union-wide slope in reduced form regressions. The intuition is that in a monetary union with heterogeneous regional Phillips Curve slopes, the central bank, aiming at...

While indices tracing the evolutions of regional house prices are increasingly available, this is less the case for similar data on house price levels. And where data on house price levels exist, they are not necessarily consistent with the patterns observed from house price indices. Yet,...

Bildungsinvestitionen sind für den Einzelnen mit einem höheren Erwerbseinkommen und einem geringeren Arbeitslosigkeitsrisiko im Lebenszyklus verbunden. Eine Analyse auf Basis von Erwerbsbiografien des Sozio-oekonomischen Panels (SOEP) zeigt, dass die private Bildungsrendite, also der...

Using a natural experiment, we analyze the medium-term impact of a recent parental benefit reform, focusing on differential effects in East and West Germany. Our results indicate that the new policy led to substantial changes in labor market outcomes three to five years after childbirth:...

Increasing mothers labor supply is a key policy challenge in many OECD countries. Germany recently introduced a generous parental benefit that allows for strong consumption smooth- ing after childbirth and, by taking into account opportunity costs of childbearing, incentivizes working women to...

Increasing mothers' labor supply is a key policy challenge in many OECD countries. Germany recently introduced a generous parental benefit that allows for strong consumption smoothing after childbirth and, by taking into account opportunity costs of childbearing, incentivizes working women to...

Increasing mothers’ labor supply is a key policy challenge in many OECD countries. Germany recently introduced a generous parental benefit that allows for strong consumption smoothing after childbirth and, by taking into account opportunity costs of childbearing, incentivizes working women to...

Bildungsinvestitionen sind für den Einzelnen mit einem höheren Erwerbseinkommen und einem geringeren Arbeitslosigkeitsrisiko im Lebenszyklus verbunden. Eine Analyse auf Basis von Erwerbsbiografien des Sozio-oekonomischen Panels (SOEP) zeigt, dass die private Bildungsrendite, also der...

Der vorliegende Beitrag analysiert anhand eines natürlichen Experiments die mittelfristigen Effekte der Elterngeldreform in Ost- und Westdeutschland. Die Einführung des Elterngeldsim Jahr 2007 hat zu substanziellen Veränderungen in der mittelfristigen Erwerbsbeteiligung (drei bis fünf Jahre...