Publications of the Research Group Inequality and Public Policy

  1. ZEW Discussion Paper No. 20-023 // 2020

    Social Capital and the Spread of Covid-19: Insights From European Countries

    We explore the role of social capital in the spread of the recent Covid-19 pan­demic in independent analyses for Austria, Germany, Italy, the Netherlands, Swe­den, Switzerland and the UK. We exploit…

  2. ZEW Discussion Paper No. 20-022 // 2020

    Higher-Order Income Risk over the Business Cycle

    We extend the canonical income process with persistent and transitory risk to shock distributions with left-skewness and excess kurtosis, to which we refer as higher-order risk. We estimate our extended income…

  3. ZEW Discussion Paper No. 20-017 // 2020

    On Event Studies and Distributed-Lags in Two-Way Fixed Effects Models: Identification, Equivalence, and Generalization

    We discuss important properties and pitfalls of panel-data event study designs. We derive three main results. First, binning of effect window endpoints is a practical necessity and key for identification of…

  4. ZEW Discussion Paper No. 20-016 // 2020

    Fiscal and Individual Rates of Return to University Education With and Without Graduation

    Based on a detailed model of the German tax-benefit system, this paper simulates private and fiscal returns to education for college graduates and college dropouts. Completing a five-year college degree is found…

  5. Refereed Journal // 2020

    The Long-Term Costs of Government Surveillance: Insights from Stasi Spying in East Germany

    We investigate the long-run effects of government surveillance on civic capital and economic performance, studying the case of the Stasi in East Germany. Exploiting regional variation in the number of spies and…

  6. ZEW Discussion Paper No. 20-001 // 2020

    Gender Norms and Income Misreporting Within Households

    We show that the discontinuity in the distribution of surveyed female income shares at the margin where a woman would outearn her partner is primarily driven by norm induced misreporting in surveys. We draw on…