The present research report estimates the fiscal effects that resulted from increasing the minimum wage to a level of 12 euros per hour in 2022, and the potential fiscal effects from increasing the minimum wage…
We structurally estimate an equilibrium search model using German administrative data and use the model for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does…
Microcredit, a financial tool providing uncollateralized loans to low-income individuals, has seen a shift from joint-liability (JL) to individual liability (IL) lending models. This article tests a theory…
This policy brief analyses German professional forecasters’ views on the upcoming US presidential election in November 2024 and its impact on the German economy. Our analysis is based on recent data from the…
Das Pariser Klimaabkommen sieht vor, die globale Erderwärmung auf unter 2°C gegenüber dem vorindustriellen Niveau zu begrenzen. Eine Herausforderung, deren Erfolg von der internationalen Kooperation der…
International climate negotiations have so far failed to produce ambitious climate cooperation. We combine laboratory experiments with simulations to investigate the performance of two negotiation design…
