Was weiß die deutsche Bevölkerung über Ungleichheiten im Zugang zu Kitas? Ergebnisse einer repräsentativen Befragung
Johannes Baur, Henning Hermes, Philipp Lergetporer, Fabian Mierisch, Guido Schwerdt, Simon Wiederhold
ifo Schnelldienst,
No. 10,
2024
Abstract
Kinder mit Migrationshintergrund besuchen im Vergleich zu Kindern ohne Migrationshintergrund deutlich seltener Kindertagesstätten (Kitas), obwohl gerade sie von einem Kitabesuch besonders profitieren würden. Ist sich die Bevölkerung dieser Diskrepanz bewusst? Und wie steht sie zu verschiedenen politischen Maßnahmen, die dieses Problem angehen? Wir untersuchen, ob Informationen über Ungleichheiten und Diskriminierung in der frühkindlichen Betreuung die Zustimmung der Bevölkerung zu gleichheitsfördernden Politikmaßnahmen beeinflussen. Dafür befragen wir 4 800 repräsentativ ausgewählte Personen aus der deutschen Bevölkerung. Es zeigt sich, dass die Befragten oft erhebliche Fehleinschätzungen über das Ausmaß der Ungleichheiten und Diskriminierung beim Kitazugang zwischen Familien mit und ohne Migrationshintergrund haben. Zufällig bereitgestellte Informationen über das tatsächliche Ausmaß dieser Diskrepanzen verringern die politische Polarisierung, d.h. Unterschiede in der Zustimmung zu Unterstützungsmaßnahmen für Familien mit Migrationshintergrund. Unsere Ergebnisse legen nahe, dass verzerrte Wahrnehmungen sozialer Ungleichheiten zu Meinungsunterschieden in der Bevölkerung beitragen. Ein besserer Informationsstand in der Bevölkerung könnte diese Polarisierung in der Zustimmung zu gleichheitsfördernden Politikmaßnahmen beim Zugang zu Kitas verringern.
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Sticky Prices or Sticky Wages? An Equivalence Result
Florin Bilbiie, Mathias Trabandt
Review of Economics and Statistics,
forthcoming
Abstract
We show an equivalence result in the representative-agent New-Keynesian model after demand, wage-markup and correlated price-markup and TFP shocks: assuming sticky prices and flexible wages yields identical allocations for GDP, consumption, labor, inflation and interest rates to the opposite case—flexible prices and sticky wages. This equivalence arises with identical price and wage Phillips-curve slopes and generalizes to any slopes' pair whose sum and product are identical. Equilibrium profits and wages are, however, substantially different; equivalence breaks when these factor-distributional implications matter for aggregate allocations, e.g. in New-Keynesian models with heterogeneous agents, endogenous firm entry, and non-constant returns to scale.
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Sticky Prices or Sticky Wages? An Equivalence Result
Florin Bilbiie, Mathias Trabandt
Review of Economics and Statistics,
forthcoming
Abstract
We show an equivalence result in the standard representative agent New Keynesian model after demand, wage markup and correlated price markup and TFP shocks: assuming sticky prices and flexible wages yields identical allocations for GDP, consumption, labor, inflation and interest rates to the opposite case- flexible prices and sticky wages. This equivalence result arises if the price and wage Phillips curves' slopes are identical and generalizes to any pair of price and wage Phillips curve slopes such that their sum and product are identical. Nevertheless, the cyclical implications for profits and wages are substantially different. We discuss how the equivalence breaks when these factor-distributional implications matter for aggregate allocations, e.g. in New Keynesian models with heterogeneous agents, endogenous firm entry, and non-constant returns to scale in production. Lastly, we point to an econometric identification problem raised by our equivalence result and discuss possible solutions thereof.
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The IAB Job Vacancy Survey: Establishment survey on labor demand and recruitment processes, waves 2000 to 2021 and subsequent quarters 2006 to 2022
Erik-Benjamin Börschlein, André Diegmann, Nicole Gürtzgen, Alexander Kubis, André Pirralha, Laura Pohlan, Martin Popp, Franka Vetter
FDZ-Datenreport,
06
2024
Abstract
The IAB Job Vacancy Survey is a quarterly and representative establishment survey on labor demand and recruitment processes in Germany. The survey identifies the overall stock of vacancies in the German labor market, including those vacancies that are not reported to the Federal Employment Agency (FEA). The first module of the questionnaire collects information about the number and structure of vacancies, future personnel requirements, about the current economic situation and the expected development of participating establishments. The second module enquires about employer attitudes and firm use of current labor market instruments as well as the employer handling of people disadvantaged in the labor market. The third module asks for information about the last new hire and the last case of a failed recruitment effort. The Research Data Centre of the Federal Employment Agency offers the data sets of the survey waves from 2000 onwards.
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Poison Bonds
Rex Wang Renjie, Shuo Xia
IWH Discussion Papers,
No. 3,
2024
Abstract
This paper documents the rise of “poison bonds”, which are corporate bonds that allow bondholders to demand immediate repayment in a change-of-control event. The share of poison bonds among new issues has grown substantially in recent years, from below 20% in the 90s to over 60% since mid-2000s. This increase is predominantly driven by investment-grade issues. We provide causal evidence that the pressure to eliminate poison pills has led firms to issue poison bonds as an alternative. Our analysis suggests that this practice entrenches incumbent managers and destroys shareholder value. Holding a portfolio of firms that remove poison pills but promptly issue poison bonds results in negative abnormal returns of −7.3% per year. Our findings have important implications for the agency theory of debt: (i) more debt may not discipline the management; and (ii) even without financial distress, managerial entrenchment can lead to agency conflicts between shareholders and creditors.
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Linking the Mannheim Enterprise Panel (MUP) with Administrative Establishment Data of IAB
André Diegmann, Thorsten Doherr, Mirja Hälbig, Stefanie Wolter
FDZ-Methodenreport,
03
2024
Abstract
This report describes the novel key between establishment and enterprise identifiers. This key enables the combination of administrative employment data of the Institute for Employment Research (IAB) with external enterprise data that has a Creditreform or Moodys (former Bureau van Dijk) identifier. To establish this combination, we performed a record linkage between the address data of the IAB and the address data of the Mannheim Enterprise Panel (MUP) hosted at the Leibniz Centre for European Economic Research (ZEW). We briefly describe the record linkage process, present quality and representativeness checks and also discuss limitations of the data. The key will be the base of standard data products that will be available via the Research Data Centre of the IAB (FDZ). Moreover, the presented key allows to generate customized data sets.
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Evaluation of the InvKG and the federal STARK programme
Evaluation of the InvKG and the federal STARK programme Coal Regions Investment Act (InvKG) and the Federal Government’s STARK programme On behalf of the Federal Ministry for…
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Declining Free Lunch: State Capacity and Foregone Public Spending
Sarah Fritz, Lorenzo Incoronato, Catherine van der List
RFBerlin Discussion Paper,
No. 67,
2025
Abstract
This paper documents substantial fiscal waste in the context of one the world’s largest regional development programs – the EU Cohesion Policy. We study Italy, and find that 20% of funding commitments are never paid out and funneled into unfinished or never-started projects. In our setting, this happens for reasons unrelated to fiscal constraints – municipalities appear to simply leave money on the table. Foregone spending is more prevalent in Southern regions, but there is also stark variation across municipalities within regions. We show that such under-utilization of available funds is strongly associated with limited administrative capacity of local governments.
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Entrepreneurship and the Gig Economy: Evidence from U.S. Tax Returns
Matthew Denes, Spyridon Lagaras, Margarita Tsoutsoura
Journal of Financial Economics,
2025
Abstract
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10th Vintage
The CompNet 10th Vintage Dataset 10th Vintage dataset is now available! The CompNet dataset provides a comprehensive set of micro-aggregated indicators, specifically designed to…
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