Publications of the Research Group Inequality and Public Policy

  1. Discussion and Working Paper // 2021

    Is There a Need for Reverse Mortgages in Germany? Empirical Evidence and Policy Implications

    Building up sufficient capital for old-age provision often is a challenge for private households. For homeowners, one way to generate old-age income from illiquid housing wealth is the use of equity release…

  2. ZEW Discussion Paper No. 21-044 // 2021

    The CoViD-19 Pandemic and Mental Health: Disentangling Crucial Channels

    Since the start of the CoViD-19 pandemic, a major source of concern has been its effect on mental health. Using pre- pandemic information and have customized questionnaires in the Dutch LISS panel, we…

  3. ZEW Discussion Paper No. 21-038 // 2021

    Direct, Spillover and Welfare Effects of Regional Firm Subsidies

    We analyze the effects of a large place-based policy, subsidizing up to 50% of investment costs of manufacturing firms in East Germany after reunification. We show that a 1-percentage-point decrease in the…

  4. Refereed Journal // 2021

    Intergenerational mobility and self-selection on unobserved skills: New evidence

    This study proposes a novel way to examine self-selection on unobserved skills and applies it to a sample of young males seeking asylum in 2015/16 in Germany. First, the degree of intergenerational mobility of…

  5. ZEW Discussion Paper No. 21-026 // 2021

    Welfare Effects of Property Taxation

    We analyze the welfare implications of property taxation. Using a sufficient statistics approach, we show that the tax incidence depends on how housing prices, labor and other types of incomes as well as public…

  6. ZEW Discussion Paper No. 21-023 // 2021

    Gender Diversity in Corporate Boards: Evidence From Quota-Implied Discontinuities

    Using data across European corporate boards, we investigate the effects of quota-induced female representation on firm value and operations, under minimal identification assumptions. We consider sharp increases…