1. Refereed Journal // 2024

    Analyse der Einkommens- und Beschäftigungswirkungen einer Einführung des CDU-Konzepts der „Aktiv-Rente“

    Im September 2023 stellte die CDU das Konzept der „Aktiv-Rente“ vor. Die Idee dahinter ist, den Arbeitsverdienst von Rentnerinnen und Rentnern, die neben dem Bezug einer gesetzlichen Rente eine bezahlte…

  2. Refereed Journal // 2024

    Reversing fortunes of German regions, 1926–2019: Boon and bane of early industrialization?

    This paper shows that nineteenth-century industrialization is an essential determinant of the pronounced changes in economic prosperity across German regions over the last 100 years. Using novel data on economic…

  3. Refereed Journal // 2024

    The integration of migrants in the German labour market: evidence over 50 years

    Germany has become the second-most important destination for migrants worldwide. Using all waves from the microcensus, we study their labour market integration over the last 50 years and highlight differences to…

  4. Refereed Journal // 2024

    Amplifying Angels: Evidence from the INVEST Program

    This paper shows that angel investor grants encourage new investors to enter the risk finance market, where they syndicate investments with other investors. We argue that this results from the high cost of…

  5. Refereed Journal // 2024

    Die Schuldenfinanzierung von NextGenerationEU: Gekommen, um zu bleiben?

    With NextGenerationEU (NGEU), macroeconomically significant debt has been incurred via the European Union (EU) budget for the first time. It is controversial whether this marks the start of continuous EU debt.…

  6. Refereed Journal // 2024

    Projecting the impact of COVID-19 on education and intergenerational mobility in Sub-Saharan Africa

    Using microsimulations, we project the effect of instructional losses caused by COVID-19 on secondary school completion rates and intergenerational mobility of education in eight countries in Sub-Saharan Africa.…