German Institute for Economic Research | Annual Report

CONTENT

The Year in Review 4 1

Research, Professional Development, and Services 12 2

Organization 72 3

Policy Advice, Higher Education Work, 80 4 and ­Cooperation

DIW Berlin | Annual Report 2015 FOREWORD

Foreword

When we look back on 2015 here at DIW Berlin, the most important event was certainly the Institute’s 90th anniversary. Since its establishment as the Institut für Konjunkturforschung (Institute for Business Cycle Research) in 1925, DIW Berlin and its staff have played a key role in economic and social processes in and the rest of Europe providing important stimuli for debate.

Joined by many of the Institute’s friends, DIW Berlin used the occasion of its 90th anniversary to recall its eventful history focusing particularly on the economic policy challenges of the last few decades: on July 1, 2015, an official ceremony was held at the historical Langenbeck-Virchow-Haus in Berlin under the motto The Road to Europe – 25 Years of German Monetary Union.

Yet 2015 not only saw DIW Berlin looking back on the past – we also devoted our ­energy to thinking about our future. What are the Institute’s objectives for the next few years? How do we want to work together and what are our most important goals? With these fundamental questions, a strategy process was initiated within the Insti- tute which culminated in a strategy paper ­entitled DIW_Berlin: 2020. The Executive Board and the individual departments worked in close cooperation to define the Institute’s priorities and objectives for the coming years. These were also incorporated into a new mission statement in which DIW Berlin describes itself as a location for academic debate.

Resting on this foundation is an equally important element – putting our strategy into practice. In 2015, DIW Berlin’s staff began the process of implementing the DIW_­ Berlin:2020 strategy. Throughout this process, our top priority has always been to com- bine excellent research, the provision of infrastructure as well as sound policy advice, and the promotion of young researchers; this focus has ensured continuous growth in the proportion of the Institute’s research activity that is internationally competitive.

2 DIW Berlin | Annual Report 2015 FOREWORD

Prof. Dr. Gert G. Wagner, Prof. Marcel Fratzscher, Ph.D., and Dr. Cornelius Richter, LL.M. (left to right)

It is our intention to continue with this success into 2016. Above all, it is our research areas that connect us and create the scope for joint projects. 2015 also highlighted the magnitude of the challenges faced by our society – and DIW Berlin as a research institute: the massive influx of refugees raised a plethora of pressing questions and it is the responsibility of the research community to address these.

At DIW Berlin, we regard it as central to our societal mandate to find answers to the questions raised about recent immigration and to provide both policy-makers and the general public with objective, factual information based on research data. The Institute has many staff in all departments working tirelessly to conduct analy- ses, data surveys, and scenario calculations. We have set ourselves this challenge in the spirit of DIW Berlin’s history and we shall endeavor to continue to help shape social debate through a successful formula of facts and recommendations.

Marcel Fratzscher Cornelius Richter Gert G. Wagner President Managing Director Executive Board Member

DIW Berlin | Annual Report 2015 3 1KAPITEL LOREM IPSUM

4 DIW Berlin | Annual Report 2015 THE YEAR IN REVIEW

The Year in Review 1

DIW Berlin | Annual Report 2015 5 THE YEAR IN REVIEW

The Year in Review

In 2015, DIW Berlin turned 90. The Institute’s staff marked this anniversary in July 2015 with an official function held in Germany’s capital. Among the 500 guests in attendance, were Wolfgang Schäuble, Germany’s Federal Minister of ­Finance, and Michael Müller, Governing Mayor of Berlin. »We do not conduct scientific research as an end in itself but with the aim of helping to shape key debates on eco- nomic and social ­policy,« DIW President Marcel Fratzscher emphasized in his official opening speech. DIW Berlin ­continued to remain faithful to this principle throughout 2015. With this in mind, the Institute’s main areas of focus in 2015 were the economic effects of immigration and analysis on topics such as Germany’s public infrastructure, the energy transition, and distribution of wealth, as well as studies on the German and European currency unions.

90 Years of DIW Berlin DIW_Berlin:2020 Axel A. Weber: New Chairman of the Board of Trustees On July 1, 2015, DIW Berlin celebrated its 2015 not only saw DIW Berlin looking 90th anniversary under the motto The Road back on an eventful past but also looking A prominent new appointment made to Europe – 25 Years of German Monetary forward. Globalization and digitalization in 2015 was at the head of DIW Berlin’s Union. The theme was, of course, no have changed the face of Germany and Board of Trustees. Axel A. Weber, Chair- co­incidence, since DIW Berlin was not the rest of Europe. Society, the research man of the Board of Directors at the major the only institution to be celebrating an community, and policy-makers must rise Swiss bank UBS, took up the post of Chair- anniversary on this date – July 1 also marked to the challenges created by this process man of the Board of Trustees in November 25 years since the introduction of German of change. Against this backdrop, DIW 2015. Both the Executive Board and the monetary union. On this occasion, DIW Berlin staff have conducted joint discus- Works Council expressed their grati- President Marcel Fratzscher welcomed sions to identify the central areas of focus tude in the name of the whole institute more than 500 guests to the historic for the coming years and, building on this, to Weber’s predecessor Bert Rürup for Langenbeck-Virchow-Haus in Berlin-Mitte. the objectives for the work of the Institute. the excellent collaboration. Rürup was Among those in attendance were Wolfgang The result of this process is the Institute’s at the head of the Board of Trustees for Schäuble, Federal Minister of Finance, and strategy, entitled­ DIW_­ Berlin:2020,­ which five years. Michael Müller, Governing Mayor of Berlin, is summarized in the form of a brochure as well as Hans-Jürgen Krupp and Lutz and online publication­ accessible by the Hoffmann, two former Presidents of DIW general public on DIW’s website. Berlin. The event closed with a podium dis- cussion introduced by Gert G. Wagner, dur- »With its innovative ideas and proposed Areas of Focus ing which Kurt Biedenkopf, retired Minister solutions, DIW Berlin plays a key role in President of Saxony, John C. Kornblum, for- ­German and European economic policy One area of focus in 2015 was the mer US Ambassador, and Beatrice Weder debate. Through my dedication to this increasing number of refugees and the di Mauro from Mainz University discussed post, I hope to be able to contribute to the resultant challenges for the German the significance of German monetary union continued success of the Institute.« and other European economies. Public for European economic policy. Axel A. Weber debate on the topic frequently con-

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1

The integration of refugees: subject of numerous debates In July 2015, DIW Berlin celebrated its 90th anniversary with 500 guests centrates on the costs of admitting Germany ­specifically and Europe more by DIW Berlin and the economics jour- ­immigrants into the country. Bearing generally might not be solely a human- nal Wirtschaftsdienst in November 2015. this in mind, based on hypotheses, DIW itarian disaster but actually more of an Among those in ­attendance was Jens researchers simulated various ­scenarios economic opportunity. Spahn, Parliamentary State Secretary for the integration of refugees. Their at the Federal ­Ministry of Finance, who key finding: in the long term, for DIW researchers also addressed the used his keynote speech to talk about Germany, positive economic stimuli issue of how income and wealth are income and wealth inequality from will outweigh the costs of admitting distributed in Germany. In an article a political perspective. Horacio Levy refugees. This finding even applies to published in DIW Economic Bulletin, from the ­Organisation for Economic the most pessimistic scenario. researchers from the Socio-Economic Co-operation and Development (OECD) Panel (SOEP) study came to the con- highlighted the long-term trends and The Institute also held a number of clusion that the divide between the rich causes of income and wealth inequality events on the topic of integration of and the poor continued to grow until drawing on a comparison across OECD refugees such as the DIW Panel Series, 2005 and, since then, income equality countries. which was conducted in November in has remained constant. The article also collaboration with the European School concluded that a substantial share of the The energy transition and the of Management and Technology (ESMT) German population is at risk of poverty. ­accompanying challenges for Germany and the Hertie School of Governance. In eastern Germany, almost one in five in particular and Europe more ­broadly During the event, Armin Laschet, regional people live below the at-risk of ­poverty was another area of focus for the and group chairman of the Christian threshold. SOEP economists also ­Institute in 2015. DIW Berlin worked in Democratic Union of Germany (CDU) ­examined the development of household cooperation with the Berlin Conference in North Rhine-Westphalia, Anke Hassel wealth in Germany. Their calculations on Energy and Electricity Economics from the Hertie School of Governance, showed that, between 2003 and 2013, (BELEC) to conduct a joint international Jörg Rocholl from ESMT, and DIW households lost almost 15 percent of conference on energy policy where re- President Marcel Fratzscher discussed their real net worth. Income and wealth nowned experts presented and discussed a range of pertinent questions includ- distribution in Germany was also the their recent research findings. 2015 also ing whether the influx of refugees to subject of a joint ­conference conducted saw DIW experts publish a number of

DIW Berlin | Annual Report 2015 7 THE YEAR IN REVIEW

Prof. Dr. Axel A. Weber, new Chairman of the Board of Trustees (second from the left) with DIW Berlin Board Members Dr. Cornelius Richter, LL.M., Prof. Marcel Fratzscher, Ph.D., and Prof. Dr. Gert G. Wagner (left to right)

articles addressing issues related to the Policy Advice Berlin research institutions. At the launch energy sector in a wide range of journals. event, the Berlin IO Day, researchers from Subjects included the structure of the Infrastructure was also an issue that various disciplines discussed cutting-edge European electricity market and the featured prominently in the policy research in industrial­ economics. Tomaso reform of the EU Emissions Trading advice provided by DIW Berlin’s experts. Duso, Head of the Department of Firms System (EU ETS). For example, an Expert Commission and Markets at DIW, is speaker for the ­appointed by Sigmar Gabriel, ­Federal BCCP. A further area of focus for DIW Minister for Economic Affairs and ­economists in 2015 was Germany’s ­Energy and chaired by DIW President ­municipal infrastructure and the weak Marcel Fratzscher presented a ten- investment in a number of munici- point plan to strengthen investment in palities. A cross-departmental team Germany. The objective of the Com- Presence in the Media and the ­dedicated an issue of DIW Economic mission was to lay a new foundation for ­Research Community Bulletin to examining public invest- increasing ­investment, growth, and jobs ment activity in Germany. The authors in Germany. The key components of the In 2015, DIW Berlin experts had 88 came to the ­conclusion that ­Germany’s plan include an investment pact for the articles published in specialist journals infrastructure was showing signs of municipalities, the creation of public listed in the Social Sciences Citation wear and tear – particularly in those infrastructure institutions, and increased Index (SSCI) and the Science Citation ­municipalities where investment spend- commitment from the government. Index (SCI). This meant that the average ing relative to GDP had almost halved impact factor of a publication by DIW between 1992 and 2013. To address this DIW Berlin was also active in providing researchers increased to 1.87 whereas in issue, the authors proposed creating a policy advice in the fields of competition, 2011, it was just 1.25. municipal investment fund and also tax, social, and family policy as well as restructuring the system of inter-state on the reform of inheritance tax. As The Frankfurter Allgemeine Zeitung (FAZ) fiscal adjustments (Länderfinanz­ part of the Leibniz ScienceCampus, in economists ranking bears witness to the ausgleich). September 2015, DIW Berlin established fact that DIW experts are among the most the Berlin Center for Consumer Policies influential economists in German-speak- (BCCP) in cooperation with six other ing countries. As well as their research

8 DIW Berlin | Annual Report 2015 THE YEAR IN REVIEW

achievements, the ranking also measures ­recognizes outstanding scientific achieve- ­Apprentices. As second-place winner of the experts’ media presence and their ments combined with an innovative, crea- the award, she was presented with her influence on political decision-making. tive, and practical research approach. The prize at the opening ceremony of the In total, ten members of DIW staff were award was presented by Michael Müller, Annual Meeting of the Leibniz Associa- among the top 100 economists – led by Governing Mayor of Berlin. tion by Stephan Weil, Minister President DIW President Marcel Fratzscher, ranked of Lower Saxony. third and Claudia Kemfert, Head of the Tomaso Duso, Head of the Department Department of Energy, Transportation, of Firms and Markets at DIW Berlin, Environment in tenth position. received the 2015 Science Award from the German Society for Health Econom- ics (dggö) for the best published paper in the field of health economics in 2014. He was awarded the accolade together Graduate Center with two colleagues from the Düsseldorf Institute for Competition Economics As DIW Berlin’s academic training center (DICE) for their article entitled »The for the promotion of junior researchers,­ Welfare Impact of Parallel Imports: the Graduate Center continued to estab- A Structural Approach Applied to the lish its position in 2015, also internation- ­German Market for Oral Anti-Diabetics.« ally. Almost half of the 14 new doctoral students who began their training in Stefan Müller, Parliamentary State 1 October came from abroad. In December, Secretary to the Federal Minister seven young researchers celebrated the of ­Education and Research praised successful completion of their doctorates Mathias Bug and Johannes Rieckmann together with their colleagues from the from the Department of Development Dr. Wolfgang Schäuble, Federal Minister of Finance Institute and with friends and family. and Security for the presentation of at DIW Berlin’s anniversary celebration Among the well-wishers at the traditional their poster on the WISIND project. GC Graduation Ceremony was Axel A. The purpose of the project, conducted Weber, the new Chairman of the Board by DIW Berlin in cooperation with of Trustees, who, in his official speech, partner organizations, was to develop Staff Appointments encouraged the new graduates to choose indicators to measure crime levels and a career which, above all, would provide the ­perception of crime and security Gert G. Wagner was elected Speaker for them with job satisfaction. in everyday life in Germany. Section B: Economics, Social Sciences, Spatial Research of the Leibniz Asso- ciation which also sees him become a »DIW Berlin is a highly sought-after interlocutor among policy-makers and the media. Member of the Executive Board of the This is connected with the expertise of the Institute’s staff and the crucial role played by DIW for two years. The Berlin in the formation of public and expert opinion. But, above all, this is inextricably main tasks of the sections are to drive linked with the Institute’s mandate to provide economic policy advice that it fulfils in an the exchange of scientific experience exemplary manner.« Wolfgang Schäuble, Federal Minister of Finance and cooperation and to promote junior researchers.

Since the start of 2015, Alexander Prizes and Awards In November 2015, DIW gender expert Eickelpasch, Research Associate in Norma Schmitt received the efas junior the ­Department of Firms and Markets at 2015 saw the exceptional quality of the researcher award for her doctoral thesis DIW Berlin, has been a member of the scientific research conducted by DIW on »Gender Stereotypes and Individual ­Scientific Advisory Board on Inter­ Berlin confirmed, once again, in the Economic Decision-Making.« The acco- disciplinary Skill Development, which ­series of awards and accolades received lade is awarded annually by the network has five-year funding from the Federal by the Institute’s experts. Jule Specht, economic feminism and science (efas). Ministry of Education and Research junior professor at Freie Universität (BMBF). The project gives groups of young ­Berlin and SOEP Research Fellow, As well, Carolin Stolpe, specialist in researchers an opportunity to provide new ­received the 2014 Berlin Science Award ­Market and Social Research at the impetus to research in human-technology for Young Scientists. This accolade SOEP, received the Leibniz Award for interaction for demographic change.

DIW Berlin | Annual Report 2015 9 THE YEAR IN REVIEW

In September 2015, Jürgen Schupp, Director of the Socio-Economic ­Panel (SOEP) study at DIW Berlin, was appointed to the advisory board for the project »Placing Civil Society on the ­Economic Map« (Zivilgesellschaft in ­Zahlen, ZiviZ). The project is an ­initiative of the Stifterverband (a non-­ profit organization promoting science and education in Germany), the Bertels- mann Stiftung, and the Fritz Thyssen Foundation and its objective is to bring about a sustainable improvement in the availability of data on the subject of civil Participants at the 2nd Science and Industry in Dialog Symposium (Wissenschaft und Unternehmen im Dialog): society and civic activism. Prof. ­Jutta Allmendinger (WZB), Ramona Pisal (djb), Marco Camboni (Deutsche Lufthansa AG), Colette Rückert-Hennen (Solar World AG), Vera Gäde-Butzlaff (GASAG), Wilfried Porth (Daimler AG), and PD Dr. Elke Holst (DIW Berlin) In addition, Carsten Schröder, Deputy Head of the SOEP at DIW Berlin and Environment, was appointed ­Professor he remains connected to the Institute Professor at the Freie Universität Berlin for Governance of Energy and Infra­ as a part-time employee. Sebastian was elected to the Supervisory Board of structure at the Hertie School of Schwenen, Research Associate in the the LIS Cross-National Data Center in Governance for the 2015/2016 academic Department of Climate Policy was also Luxembourg, following in the footsteps year (maternity cover). Further, Philipp appointed to a junior professor post at of Gert G. Wagner who has been a M. Richter, Research Associate in the the Technical University of Munich. member of this board since 2012. The Department of Energy, Transportation, Finally, Konstantin Kholodilin, Research LIS Cross-National Data Center (­formerly Environment, was awarded a junior Associate in the Department of Macro­ known as the Luxembourg Income professor­ship at the Technische Univer- economics, took up an appointment at the Study) provides a global community sität Dresden. Pia S. Schober, Research International Business School Suzhou of researchers with internationally Associate in the Department of Education at Xi’an Jiaotong-Liverpool University. ­comparable research data on income, and Family, accepted an appointment wealth, and labor market participation of at the Eberhard Karls Universität households in over 50 countries. Tübingen. Jan Marcus, also a Research Associate in the Department of ­Education Franziska Holz, Research Associate in and Family, was appointed junior pro- Events the Department of Energy, ­Transportation, fessor at the Universität Hamburg, but As in previous years, DIW Berlin wel- comed a number of prominent guests at various events over the course of 2015. At a Berlin Lunchtime Meeting in January, for example, Gerd Billen, State Secretary to the Federal Minster for Justice and Consumer Protection introduced the model of the financial market watchdog as a new tool in consumer policy.

In May, Lawrence H. Summers, the ­former United States Secretary of the Treasury and President Emeritus of ­Harvard University accepted DIW Berlin’s lecture invitation in which he presented his theory of secular stagnation­ and its potential relevance for recent global economic events. In his lecture,

In 2015, Prof. Dr. Gert G. Wagner (third from the left), here at a ceremony on the occasion of the 200th birthday of ­mathematician Karl Weierstraß, was elected Speaker for Section B of the Leibniz Association (a two-year post) (left to right Prof. Dr. Wolfgang König (WIAS), Prof. Dr. Peter A. Frensch (HU), Prof. Dr. Gert G. Wagner (DIW), Jutta Koch-Unterseher (SenWTF), Prof. Dr. Martin Grötschel (BBAW), Bundesministerin Prof. Dr. Johanna Wanka, Prof. Dr. Alexander Mielke (WIAS))

10 DIW Berlin | Annual Report 2015 THE YEAR IN REVIEW

Summers warned against the »new subject of »Educational Processes and the Top – Faster with a Gender Quota?.« ­normality« of very low growth rates, a Pathways« and discussed these with Participants in the podium­ discussions trend, that is expected to become even experts from various disciplines. included Jutta Allendinger, President of the more pronounced – not only in the US Berlin Social Science Center (WZB) and but throughout the industrialized world. In November, participants at the 2nd DIW Research Director Elke Holst who ­Science and Industry in Dialog Symposium­ organized the event in cooperation with the In June 2015, at DIW Berlin’s Industrial (Wissenschaft und Unternehmen­ im Dialog) WZB and the German Women Lawyers Conference (Industrietagung), which debated the question of »Women’s Path to Association (djb). is the Institute’s traditional forum for exchange with the business sector, representatives of various branches of industry discussed the future of Germany as a competitive location for industry. The conference focused particularly on the energy transition and the potential­ growth stimuli that might result from this process. At the conference, ­Ferdinand Fichtner, Head of the Depart­ ment of Forecasting and Economic Policy, also ­presented the most recent DIW ­Economic Outlook (Sommergrundlinen) 1 for the first time.

In September, the second annual meeting of the Berlin Interdisciplinary Education Research Network (BIEN) was held at DIW Berlin at the invitation of C. Katharina Spieß, Head of the Department of Education and Family. Over 40 junior researchers came together to present their ideas and research findings on the

Jens Spahn, Parliamentary State Secretary at the Federal Ministry of Finance, presents at a conference on income and wealth distribution in Germany co-organized by DIW Berlin and the economics journal Wirtschaftsdienst

DIW Berlin | Annual Report 2015 11 2KAPITEL LOREM IPSUM

12 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES

Research, ­Professional Development, and ­Services 2

Macroeconomics and Financial Markets Public Finances and Living Conditions Macroeconomics 14 Public Economics 46 Forecasting and Economic Policy 18 Education and Family 50 Development and Security 22 Socio-Economic Panel (SOEP) 54 International Economics 26 Other Sustainability Department of the Executive Board 58 Energy, Transportation, Environment 30 DIW Graduate Center 62 Climate Policy 34 Service Departments 64 Funding Structure 67 Industrial Economics Our Publications 68 Firms and Markets 38 DIW Econ GmbH 71 Competition and Consumers 42

DIW Berlin | Annual Report 2015 13 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Macroeconomics

The Department of Macroeconomics focuses on the ­analysis of macroeconomic contexts supported by theory and empirical ­research as well as on national and international ­economic ­policy. Whether studying the institutional structure of the European Monetary Union, the significance of financial ­markets for the real economy, or monetary and fiscal policy, the ­department’s objective is to improve the decision-making basis for economic policy-makers. The department also analyzes the informative macroeconomic content of media data.

The effect of key interest rate changes on stock prices over time Stock prices initially rise sharply following an unexpected drop in the key interest rate of 100 basis points and return to their original level after ­approximately five years. In 1975, the immediate price reaction to such a monetary policy shock amounted to just under five percent. Since then, the reaction of stock market to a reduction in key interest rates has increased steadily, with reductions in 2000 and 2012 driving up stock prices by up to 15 percent.

20

18

16

14

12

10

8 year

6

Price change (in percent) change Price 2010 2005 4 2000 2 1995 1990 0 1985 1 -2 2 1980 Time el 3 apsed sin4ce 1975 Example: S&P500 Index shock (in year 5 Source: DIW Berlin s)

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Department of Macroeconomics Piffer, Ph.D., David Pothier, Dr. Malte Rieth, Phone +49 30 897 89 - 230 and Prof. Dr. Dorothea Schäfer E-mail [email protected] Doctoral students Acting Head Pablo Anaya, Benjamin Beckers, Daniel Prof. Marcel Fratzscher, Ph.D. ­Bierbaumer, Martin Johannes Bruns, Khalid ElFayoumi, Caterina Forti Grazzini, Tatsiana Deputy Head Kliatskova, Sandra Pasch, Aleksandra Peeva, Prof. Dr. Kerstin Bernoth Hedwig Plamper, and Annika Schnücker

Team assistant Left in 2015 Bianka Zeglin Dr. Beatrice Farkas, Dr. Dirk Ulbricht Kerstin Bernoth on the ECB Research project coordinator Left in 2016 bond buying program in DIW Dr. Tatjana Ribakoff Dr. Nina Neubecker Berlin’s Nachgeforscht series Research associates Last updated: February 2016 Dr. Franziska Bremus, Prof. Dr. ­Christian Dreger, Anna Gibert, Dr. Christoph ­Große Steffen, Dr. Simon Junker, Dr. ­Konstantin www.diw.de/nachgeforscht_ A. ­Kholodilin, Dr. Philipp König, anleihekaeufe Dr. ­Claudia Lambert (on leave), Michele

2 Publications Other selected publications:

Franziska Bremus: Franziska Bremus and Marcel Fratzscher: Cross-Border Banking, Bank ­Market Drivers of Structural Change in Structures and Market Power: ­Cross-­Border Banking since the ­Theory and Cross-Country Evidence ­Global ­Financial Crisis Journal of Banking & Finance 50 Journal of International Money and (2015): 242–259 ­Finance 52 (2015): 32–59

There has been a decline in international integration of the banking sector since Marcel Fratzscher, Dagfinn Rime, the financial crisis, particularly in Europe. This fragmentation may affect the bank ­Lucio ­Sarno, and Gabriele Zinna: ­market structure and, consequently, macroeconomic stability over the long term. This The Scapegoat Theory of Exchange study examines the effect of various international bank activities on banking-­sector Rates: The First Tests ­concentration and market power. Theoretical and empirical findings show that Journal of Monetary Economics 70 increased cross-border lending reduces both bank concentration and market power. (2015): 1–21 Greater foreign direct investment (FDI) by banks also decreases concentration; bank profit margins rise, however. Continuing de-integration of the banking sector could Kerstin Bernoth, Andrew Hughes Hallet, therefore, lead to increased concentration. This could have a negative impact on and John Lewis: economic stability as a whole, since bank-specific risks translate into greater macro­ The Cyclicality of Automatic and economic fluctuations when market concentration is higher. ­Discretionary Fiscal Policy: What Can Real-Time Data Tell Us? Macroeconomic Dynamics 19 (2015): ­221–243

DIW Berlin | Annual Report 2015 15 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Events / Conference Papers

Christoph Große Steffen presented his paper »Uncertainty Shocks and Non-­ Uncertainty Shocks and Non-Fundamental Fundamental Debt Crises: An Ambiguity Approach« at the Annual Congress Debt Crises: An Ambiguity Approach of the European Economic Association (EEA) in Mannheim. The mechanism Speaker: Christoph Große Steffen (DIW Berlin)­ ­described in the paper can be used to explain excessive interest rates on govern- 30th Annual Congress of the European ment bonds, such as those observed during the European sovereign debt crisis. ­Economic Association (EEA 2015), An ­empirical ­analysis shows that interest on credit default swaps for European August 24–27, 2015, Mannheim, Germany sovereign debt rises when macroeconomic uncertainty in the respective country ­increases. Based on this ­correlation, a model for sovereign debt default was present- ed that analyzes the ­effect of macroeconomic uncertainty on investors. Simulations of the model ­indicate that uncertainty shocks increase interest rates for government ­financing, which affects government decisions concerning optimal fiscal policy and debt ­repayment. In a crisis, uncertainty shocks can lead to sovereign default that cannot be explained by macroeconomic fundamentals. As shown by the model, a ­considerable share of the risk premiums on government bonds can be traced back to macroeconomic uncertainty.

Other selected events / conference papers:

Credit Provision and Banking Stability after The Predictive Content of Asset Price the Great Financial Crisis: The Role of Bank Bubbles for Macro Forecasts Regulation and the Quality of Governance Speaker: Benjamin Beckers (DIW Berlin) Speaker: Marcel Fratzscher (DIW Berlin) Ökonomische Entwicklung – Theorie Co-authors: Philipp König (DIW Berlin) and und Politik: Jahrestagung des Vereins für Claudia Lambert (DIW Berlin) Socialpolitik 2015 International Conference on the New Normal (Economic development – theory in the Post-Crisis Era and policy: annual conference of the May 21–22, 2015, Hong Kong, China German Economic Association) September 6–9, 2015, Münster, Germany Monetary Policy and Defaults in the US Speaker: Michele Piffer (DIW Berlin) Don’t Stop Me Now: The Impact of Credit 30th Annual Congress of the European Market Fragmentation on Firms’ Financing Economic Association (EEA 2015) Constraints August 24–27, 2015, Mannheim, Germany Speaker: Franziska Bremus (DIW Berlin) Co-author: Katja Neugebauer (LSE) XXIV International Rome Conference on Money, Banking and Finance December 3–4, 2015, Rome, Italy

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Projects

The global financial crisis clearly demonstrated that risks at the level of individual Interaktionen zwischen bankspezifischem banks can jeopardize the stability of the entire financial system. This in turn can Risiko und makroökonomischer Stabilität impact the real economy. Based on the theory of granularity, this project ­examines (Interactions between bank-specific the role that large bank risks play in macroeconomic stability. The theory shows risk and macroeconomic stability) that enterprise-level fluctuations can impact the economy as a whole when market Commissioned by: German Research ­concentration is very high. The aim of the project is to provide a clearer picture of ­Foundation (DFG) the various feedback effects between bank-specific risks, competition in the banking Coordinator: Franziska Bremus (DIW Berlin) sector, and macroeconomic stability. It also looks at how regulatory mechanisms affect Cooperating partner: Halle Institute the connection between enterprise-level shocks and those felt in the economy as a for ­Economic Research (IWH) whole. The project’s ultimate objective is to provide information for the current debate January 2015–December 2017 on micro- and macroprudential regulation.

Other selected projects: 2

External Expertise in the Field of Monetary Impact of the Capital Requirements and Economic Affairs (Monetary Experts Regulation (CRR) on the Access to Finance Panel) for Business and Long-Term Investments Funded by: European Parliament Funded by: European Commission, Coordination: Kerstin Bernoth (DIW Berlin), Directorate-General for Financial Stability, Tatjana Ribakoff (DIW Berlin) Financial Services and Capital Markets Union Cooperating partners: Hertie School of (DG FISMA) Governance, Queen Mary University of Coordinator: Franziska Bremus (DIW Berlin) London Cooperating partner: London Economics In cooperation with: Department of (LE Europe) Forecasting and Economic Policy June 2015–February 2016 March 2015–March 2020

Fundamentale makroökonomische Bestimmungsfaktoren von Aktienpreisen: Zustandsabhängigkeiten und Implikationen für die Geldpolitik Funded by: German Research Foundation (DFG) Coordinator: Kerstin Bernoth (DIW Berlin) Cooperating partner: Georg-August- Universität Göttingen October 2013–September 2016

DIW Berlin | Annual Report 2015 17 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Forecasting and ­Economic Policy

The Department of Forecasting and Economic Policy uses modern macroeconomic methods to analyze economic policy issues. Economic forecasting is a key component of the department’s work. The monthly DIW Economic Barometer (DIW Konjunktur­ barometer), the quarterly DIW Economic Outlook (Grundlinien der Wirtschaftsentwicklung), and participation in the Joint Economic Forecast (Gemeinschaftsdiagnose) play a particularly major role. The department’s experts contribute to economic policy advice and deliver statements on topical issues based on the findings of their research projects. Members of the department actively partici- pate in public discussion and have a strong media presence.

The DIW Economic Barometer, broken down by sector Index level in points (100 = neutral value, corresponding to growth of 0.3 percent)

Industry Services Labor market Financial market Barometer

120

115

110

105

100

95

90

85 Q1 Q1 Q1 Q1 Q1 2011 2012 2013 2014 2015

Source: DIW Economic Barometer

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Department of Forecasting Research associates and ­Economic Policy Dr. Guido Baldi, Dr. Franziska Bremus, Phone +49 30 897 89 - 230 Karl Brenke, Kristina van Deuverden, Dr. E-mail [email protected] Hella ­Engerer, Dr. Christoph Große Steffen, Dr. ­Philipp König, Dr. Claus Michelsen, Head ­Maximilian Podstawski, and Dr. Malte Rieth Dr. Ferdinand Fichtner Doctoral students Deputy Head Niels Aka, Stefan Gebauer, Michael Hachula, Dr. Simon Junker and Thore Schlaak

Team assistant Left in 2015 Bianka Zeglin Dr. Katharina Pijnenburg and Simon Junker on the state of the Dr. Dirk ­Ulbricht German and European economies in Research project coordinator Dr. Tatjana Ribakoff Last updated: February 2016 DIW Berlin’s Nachgeforscht series

www.diw.de/nachgeforscht_ konjunktur

2 Publications Other selected publications:

Martin Gornig, Claus Michelsen, Marcel Fratzscher and Simon Junker: and ­Kristina van Deuverden: Integrating Refugees: Local Public Infrastructure A Long-Term, Worthwhile Investment Showing Signs of Wear and Tear DIW Economic Bulletin, no. 45/46 (2015): DIW Economic Bulletin, no. 42/43 (2015): 612–616 561–567 Ferdinand Fichtner and Philipp König: Investment in public infrastructure is critical to ensuring competitiveness A Stronger Union through Crisis? and ­creating growth potential. Municipal infrastructure in particular has been 25 Years of Monetary Integration in Europe ­deteriorating for years. Investment is not keeping pace with depreciation, and DIW Economic Bulletin, no. 27 (2015): ­existing infrastructure is inadequate and increasingly outdated. A change in policy is 376–384 needed to prevent further decline, at the very least. The creation of a special federal fund for subsidizing investments in financially weak municipalities was a step in Philipp König: the right ­direction. Considering the enormous backlog in municipal investment, Liquidity Requirements – however, much more needs to be done. While the financial situation in Germany’s A ­Double-Edged Sword ­municipalities is good overall, the gap between weaker and stronger districts is International Journal of Central Banking 11, ­widening. A first step toward a systematic solution might be to give greater weight to no. 4 (2015): 129–168 the financial­ position of municipalities in the fiscal equalization process, and thus at least enable­ the Länder to compensate for the chronic underfinancing of certain types Johannes Mayr and Dirk Ulbricht: of ­municipalities. Log Versus Level in VAR Forecasting: 42 Million Empirical Answers – Expect the Unexpected Economics Letters 126 (2015): 40–42

DIW Berlin | Annual Report 2015 19 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Events / Conference Papers

DIW Berlin’s Industrial Conference or Industrietagung, which has been taking place DIW Sommergrundlinien 2015 since 1960, aims to provide a forum for direct exchange between research ­economists (DIW Economic Outlook, Summer 2015) and business people. Traditionally the conference focuses on two issues: the outlook Speaker: Ferdinand Fichtner (DIW Berlin) for the German economy based on recent developments and trends in the manu­ Industrietagung 2015 facturing sector. In 2015, in addition to forecasts for short-term developments in (Industrial Conference) Germany and in the global economy, assessments of structural changes within the June 24, 2015, Berlin, Germany manufacturing industries were presented. The conference underwent a makeover in 2015 – the first in its long history – and was held in its new venue in June. It provided an ideal environment for the first public presentation of the DIW Sommergrundlinien 2015 (DIW Economic Outlook, Summer 2015).

Other selected events / conference papers:

The Market Value of Energy Efficiency Stuck in Transition? – Presentation of the in Buildings and the Mode of Tenure EBRD Transition Report 2014 Speaker: Claus Michelsen (DIW Berlin) Speakers: Alexander Plekhanov (EBRD) and Co-author: Konstantin Kholodilin Cagatay Bircan (EBRD) (DIW Berlin) Moderator: Ferdinand Fichtner (DIW Berlin) Ökonomische Entwicklung – Theorie und January 26, 2015, Berlin, Germany Politik: Jahrestagung des Vereins für Socialpolitik 2015 (Economic development – Restoring Convergence between Member theory and policy: annual conference of the States in the EU and EMU German Economic Association) Speaker: Ferdinand Fichtner (DIW Berlin) September 6–9, 2015, Münster, Germany ESDE2015 Conference: Employment and Social Developments in Europe Review 2014 Immobilienpreise in Deutschland – January 29, 2015, Brussels, Belgium wann platzt die Blase? (Real estate prices in Germany – when will the bubble burst?) Speaker: Dirk Ulbricht (DIW Berlin) Lange Nacht der Wissenschaften (Long night of the sciences) June 13, 2015, Berlin, Germany

20 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Projects

Every spring and autumn, the Gemeinschaftsdiagnose (Joint Economic Forecast) Gemeinschaftsdiagnose im Auftrag ­analyzes and forecasts economic developments in Germany, the European ­Union, der Bundesregierung and the world at large. Based on an assessment of the global economic policy (Joint Economic Forecast on behalf of ­environment, economic developments in the world’s most important countries and the German government) in Europe in particular are projected. In addition, a projection of medium-term Commissioned by: Federal Ministry for ­developments in Germany over a five-year horizon is prepared. The forecast for ­Economic Affairs and Energy (BMWi) Germany includes detailed information about creation, use, and distribution aspects Coordinator: Ferdinand Fichtner (DIW Berlin) of GDP and the development of employment and public finances. Forecasts are also Cooperating partner: Austrian Institute of made about other macroeconomic developments, such as the labor market or prices Economic Research (WIFO) and wages. These data are then used as a basis for economic policy recommendations. In collaboration with the following DIW More in-depth analyses are then conducted on key topics. departments: Energy, Transportation, ­Environment, Macroeconomics, Public ­Economics, and Firms and Markets 2013–2016

Other selected projects: 2

Wirkung von Forschung und Entwicklung Zukunft Bau: Prognose der Bestands­ auf das Wirtschaftswachstum (The impact maßnahmen und Neubauleistungen im of research and development on economic Wohnungsbau und Nichtwohnungsbau growth) (Outlook for Construction: Forecast of Commissioned by: Kreditanstalt für Construction Work on New and Existing Wiederaufbau (KfW) Buildings in the Residential and ­ Coordinators: Heike Belitz (DIW Berlin) Non-Residential Segments) and Alexander Schiersch (DIW Berlin) Commissioned by: Federal Office for Building In collaboration with: and Regional Planning (BBSR) Firms and Markets Department Coordinators: Martin Gornig (DIW Berlin) September 2014–June 2015 and Claus Michelsen (DIW Berlin) In collaboration with: External Expertise in the Field of Firms and Markets Department Monetary and Economic Affairs July 2015–March 2016 (Monetary Experts Panel) Commissioned by: European Parliament Coordinators: Tatjana Ribakoff (DIW Berlin) Ökonomische Dysfunktionalitäten and Kerstin Bernoth (DIW Berlin) ungleicher Einkommens- und Cooperating partners: Vermögensverteilungen (Economic Hertie School of Governance, dysfunctionalities concerning the unequal Queen Mary University of London distribution of income and wealth) In collaboration with: Commissioned by: Federal Ministry of Labor Department of Macroeconomics and Social Affairs (BMAS) March 2015–March 2020 Coordinator: Ferdinand Fichtner (DIW Berlin) Cooperating partner: DIW Econ GmbH June 2014–September 2015

DIW Berlin | Annual Report 2015 21 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Development and ­Security

The Department of Development and Security studies major global challenges and develops recommendations for political and social action. It focuses on aspects of sustainable growth and higher quality of life for people in developing countries and asks how these goals can be achieved in the presence of extreme risks and weak institutions. The department examines these issues from the perspective of applied microeconomics, using individual and household survey data. Its researchers regularly collect their own microdata for this purpose.

Index-based weather insurance in Mongolia Households that had purchased an index-based weather insurance for their livestock before the extreme winter of 2009 and received a payout from the insurance company in 2010 had considerably more livestock after the shock than non-insured households. The effect is greatest two years after the shock.

50

40

30

20

10 Differences in herd size (in percent) in herd Differences

0 After one year After two years After three years After four years

-10 Difference in the number of livestock between insured and non-insured households (in percent) 90 percent confidence interval Source: Coping with Shocks in Mongolia Panel Survey (2015)

22 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Department of Development and Security Left in 2015 Phone +49 30 897 89 - 470 Ghassan N. Baliki, Mathias Bug, Dr. Kristina E-mail [email protected] Meier, Eric van Um, and Dr. Nina Wald

Acting Head Left in 2016 Dr. Kati Krähnert Dr. Johannes Rieckmann

Team assistant Last updated: February 2016 Olga Zhylenko

Research project coordinator Kerstin Ringelhan Johannes Rieckmann on Research associates ­Cybercrime in Germany in DIW Dr. Veronika Bertram-Hümmer, Valeria Groppo, Ph.D., Katharina Lehmann-Uschner, Berlin’s Nachgeforscht series and Friederike Lenel

www.diw.de/nachgeforscht_ internetkriminalitaet

Index-based weather insurance in Mongolia Households that had purchased an index-based weather insurance for their livestock before the extreme winter of 2009 and received a payout 2 from the insurance company in 2010 had considerably more livestock after the shock than non-insured households. The effect is greatest two years after the shock. Publications Other selected publications:

Veronika Bertram-Hümmer and Kati Krähnert: Veronika Bertram-Hümmer and Does Index Insurance Help Households ­Ghassan N. ­Baliki: 50 Recover from Disaster? Evidence from The Role of Visible Wealth for Deprivation IBLI Mongolia Social Indicators Research 124, DIW Discussion Paper, no. 1515 (2015) no. 3 (2015): 765–783 40 This paper examines whether payouts from index-based weather insurance help Valeria Groppo and Kati Krähnert: ­households overcome the financial consequences of extreme weather events. It The Impact of Extreme Weather Events ­focuses on Index-Based Livestock Insurance (IBLI) in Mongolia. The study is on Education 30 ­conducted in the context of the extreme winter of 2009/2010 caused countless­ livestock DIW Discussion Paper, no. 1534 (2015) deaths. The data source is a household survey with three annual waves where the authors captured data in Mongolia between 2012 and 2015. The findings ­indicate Mathias Bug, Kati Krähnert, and­ 20 that households that had obtained an IBLI insurance policy before the winter of ­Martin Kroh (eds.): 2009/2010 and received an insurance payout in the summer of 2010 recovered more Kriminalität und Innere Sicherheit: quickly from incurred livestock losses than those households that had not purchased ­objektive Lage und Wahrnehmung durch 10 an insurance policy. The study is one of the first to provide evidence of the positive Medien und Politik (Criminality and

Differences in herd size (in percent) in herd Differences impact of this new policy instrument using empirical data. ­internal security: objective situation and perception through media and politics) Vierteljahrshefte zur Wirtschaftsforschung, 0 no. 84 (2015): 2 After one year After two years After three years After four years Johannes Rieckmann and Martina Kraus: -10 Difference in the number of livestock between insured and non-insured households (in percent) Tatort Internet: Kriminalität verursacht 90 percent confidence interval Bürgern Schäden in Milliardenhöhe Source: Coping with Shocks in Mongolia Panel Survey (2015) (Cybercrime: damages run into billions) DIW Wochenbericht, no. 12 (2015): 295–301

DIW Berlin | Annual Report 2015 23 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Events / Conference Papers

The Seminar Series on Research in Development Economics was launched in the Seminar Series on Research in 2013/14 fall semester by the Department of Development and Security. It provides ­Development Economics a forum for junior researchers to discuss current research topics in the field of Seminar Series at DIW Berlin ­development economics. Every two weeks, senior economists from across Germany Speakers: Kaivan Munshi (Cambridge and abroad alternate with researchers from Berlin to present their latest research. University), Kaivan Munshi (­University The seminars contribute to the importance of Berlin as a location for development of ­Cambridge), and Gani Aldashev economic research and to link this area of research in Berlin with international ­(University of Namur) research networks.

Other selected events / conference papers:

Weather Shocks and Education Weather Risk, Agricultural Investment in Mongolia Decisions and Farm Profits: Insights Speaker: Valeria Groppo (DIW Berlin) from Ethiopia Co-author: Kati Krähnert (DIW Berlin) Speaker: Katharina Lehmann-Uschner 30th Annual Congress of the European (DIW Berlin) Economic Association (EEA 2015) Linking Land Tenure and Use for Shared August 24–27, 2015, Mannheim, Germany Prosperity: 16th Annual World Bank Conference on Land and Poverty Determinants of Drinking Water March 23–27, 2015, Washington, D.C., US Treatment and Hygiene Habits in Provincial Towns in Yemen Nutrition in Mongolia Speaker: Johannes Rieckmann (DIW Berlin) Speaker: Katharina Lehmann-Uschner Ökonomische Entwicklung – Theorie und (DIW Berlin) Politik: Jahrestagung des Vereins für Social­ Nordic Conference on Development politik 2015 (Economic development – theory Economics 2015 and policy: annual conference of the June 15–16, 2015, Copenhagen, Denmark German Economic Association) September 6–9, 2015, Münster, Germany

24 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Projects

The project examines to what extent mobility and land use, geographical Herders Coping with Hazards in ­environment of household location, and access to markets mitigate the impact of ­Kyrgyzstan and Mongolia natural disasters. The mobility of semi-nomadic households in Kyrgyzstan and Funded by: VolkswagenStiftung of nomadic households in Mongolia is recorded using Global Positioning System Coordinator: Kati Krähnert (DIW Berlin) (GPS) technology. In ­addition, socio-economic longitudinal household surveys are May 2015–October 2018 conducted among livestock owners in both countries. The surveys inquire about the extent to which households are affected by natural disasters and what strategies they use to avert these dangers. This approach is innovative in that it combines data on the geographic ­location of households with socio-economic microdata and jointly evaluates them.

Other selected projects: 2

Economics of Climate Change: Coping Insurance and Private Transfers – with Shocks in Mongolia – Vulnerability, Experimental Evidence Assets and Migration (Shocks Mongolia) Funded by: German Research Foundation (DFG) Funded by: Federal Ministry of Education Coordinators: Susan Steiner (Leibniz and Research (BMBF) Universität Hannover) and Friederike Lenel Coordinator: Kati Krähnert (DIW Berlin) (DIW Berlin) February 2012–September 2016 May 2015–October 2018

The System of Economic Indicators to Measure Security and Security Provision in Germany (WISIND) Funded by: Federal Ministry of Education and Research (BMBF) Coordinator: Mathias Bug (DIW Berlin) January 2012–March 2015

DIW Berlin | Annual Report 2015 25 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

International Economics

The Department of International Economics focuses on the monetary and fiscal issues of the global economy. It concentrates on two key areas: on the one hand, it examines international ­financial markets in terms of their economic functionality and, on the other hand, it analyzes the contribution of financial ­development to the goal of shared growth in developing and emerging countries. The department’s objective is to make a qualitatively competitive contribution to this limited field in ­Germany and also to research and economic policy advice.

Factors affecting financial literacy and financial behavior

Financial behavior

Financial literacy Numeracy

Parents’ educational Experiences with Parental Economics Quality background money in childhood teaching at school of education

Source: DIW Economic Bulletin, no. 30/31 (2015): 411

26 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Department of International Economics Phone +49 30 897 89 - 230 E-mail [email protected]

Head Prof. Dr. Lukas Menkhoff

Team assistant Bianka Zeglin

Research project coordinator Dr. Tatjana Ribakoff, Kerstin Ringelhan Antonia Grohmann on financial Research associates literacy and behavior in DIW Dr. Antonia Grohmann, Tim Kaiser, ­Sahra Sakha, and Dr. Tobias Stöhr ­Berlin’s Nachgeforscht series

Doctoral Student Jakob Miethe

www.diw.de/nachgeforscht_ Last updated: February 2016 finanzverhalten

2 Publications Other selected publications:

Antonia Grohmann and Lukas Menkhoff: Christian D. Dick, Ronald MacDonald, School, parents, and financial literacy ­and Lukas Menkhoff: shape future financial behavior Exchange Rate Forecasts and Expected DIW Economic Bulletin, no. 30/31 (2015): Fundamentals 407– 412 Journal of International Money and ­Finance 53 (2015): 235–256 Why do some people make better financial decisions than others? The level of ­financial literacy plays an important role. A good school education, which also Christoph Fricke and Lukas Menkhoff: ­includes discussing economic issues, leads to better financial decisions in the future. Financial Conditions, Macroeconomic Many studies neglect the contribution made by parental teaching to financial ­behavior. Factors and Disaggregated Bond Excess This issue of DIW Economic Bulletin shows that parents also have a direct effect on Returns the financial behavior of their children as they grow up. In contrast, specific financial Journal of Banking and Finance 58 education has less impact in general. Competence in financial matters is ­decidedly (2015): 80–94 helpful. This applies increasingly to private individuals. Households have more money than previously, many must service loans, ensure better financial security for Oliver Gloede, Lukas Menkhoff, ­retirement from their own savings, and have access to a variety of insurances. Ideally, and ­Hermann Waibel: good financial decisions will increase assets, prevent over-indebtedness, finance Shocks, Individual Risk Attitude, and ­retirement, and insure against major risks. Vulnerability to Poverty among Rural Households in Thailand and Vietnam World Development 71 (2015): 54–78

DIW Berlin | Annual Report 2015 27 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Events / Conference Papers

The Annual Congress of the European Economic Association (EEA) is the largest The Effect of Peer Observation on Con- meeting of European economists and, in 2015, took place in Mannheim, Germany. sumption Choices: Experimental Evidence Antonia Grohmann presented a study she had compiled together with Sahra Sakha. Speaker: Antonia Grohmann (DIW Berlin) The paper addresses the question as to whether the consumer behavior of individuals Co-author: Sahra Sakha (DIW Berlin) changes when they observe their peers making consumption decisions. In order to 30th Annual Congress of the European answer this question, the authors conducted an experiment in rural Thailand. They ­Economic Association (EEA 2015) discovered that the consumer behavior of individuals is similar to that of the group August 24–27, 2015, Mannheim, Germany when the experiment is implemented with other individuals observing. They also show that the effect of conformity within a group is greater among individuals living in small villages.

Other selected events / conference papers:

When Is Foreign Exchange Intervention Multiple Risk Item Measures Effective? Evidence from 33 Countries Speaker: Sahra Sakha (DIW Berlin) Speaker: Lukas Menkhoff (DIW Berlin) Co-author: Lukas Menkhoff (DIW Berlin) Co-authors: Marcel Fratzscher (DIW Berlin), 30th Annual Conference of the European Oliver Gloede (Universität Hannover), Lucio Economic Association (EEA 2015) Sarno (Cass Business School), and Tobias August 24–27, 2015, Mannheim, Germany Stöhr (IfW Kiel und DIW Berlin) Institutional Investors and Emerging Market Finance (Ghent University) September 17, 2015, Ghent, Belgium

28 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > MACROECONOMICS AND FINANCIAL MARKETS

Projects

The aim of this research project is to contribute to a better understanding and Individual Risk Attitudes in Rural Thailand ­explanation of the individual attitudes to risk of poorer people in developing countries.­ and Vietnam Experimental and surveyed measurements of risk attitude in the provinces of Ubon Funded by: German Research Foundation (DFG) in Thailand and Hue in Vietnam form the empirical basis of the project. For the first Coordinator: Lukas Menkhoff (DIW Berlin) time, information obtained here has been compared with data from a household April 2014–March 2017 panel dataset containing additional detailed information about the characteristics of these individuals and their attitudes to financial and agricultural topics. Thus, several questions are examined at once: a longitudinal comparison of risk measures, effects on risk attitude over time, and the role of financial literacy in decision-making in agricultural management. The findings contribute to the development of improved strategies to increase the knowledge and skills of poorer individuals in financial and agricultural behavior.

Other selected projects: 2

Globalization and Development (DFG-Graduiertenkolleg 1723) Funded by: German Research Foundation (DFG) Project partner: Lukas Menkhoff (DIW Berlin) Cooperating partners: Leibniz Universität Hannover and University of Göttingen April 2012–September 2016

DIW Berlin | Annual Report 2015 29 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > SUSTAINABILITY

Energy, Transportation, Environment

The Department of Energy, Transportation, Environment studies policy issues concerning sustainable development in the fields of ­energy, transportation, and the environment. The guiding ­principles of the department’s work are climate friendly, competitive, and secure energy, as well as sustainable transportation. The focus is on market analyses and government policies in the context of ­Germany’s energy transition. Issues of infrastructure and industrial economics also play a role. Other research interests include sustain­ ability strategies in public policy and macro-economic impact ­analyses. Methodologically the department primarily develops and applies quantitative economic models. These have been used for the electricity and gas markets, for instance.

Crude oil price development in the period 2000 to 2016 In US dollars per barrel of Brent Crude oil

160 Peak of the financial crisis 140

12 0 Strong increase in 100 fracking in the US

Strong growth in 80 ­demand for oil in newly ­industrialized countries 60 (China in particular)

40

20

0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Source: U.S. Energy Information Administration

30 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > SUSTAINABILITY

Department of Energy, Doctoral students / scholarship recipients ­Transportation, ­Environment Francisco J. Bahamonde Birke, Phone +49 30 897 89 - 329 Roman ­Mendelevich, Fabian Stöckl, E-mail [email protected] Isabel ­Teichmann, and Alexander Zerrahn

Head Research assistants Prof. Dr. Claudia Kemfert Klaus Hilge and Karl-Heinz Pieper

Deputy Head Project coordinators Dr. Jochen Diekmann Sabine Radke and Ingrid Wernicke

Team assistant Left in 2015 Dagmar Rauh Dr. Jonas Egerer, Dr. Daniel Huppmann, Claudia Kemfert on the results ­Judith Paeper, Dr. Philipp M. Richter, and of the Paris Agreement (COP21) Research project coordinator Prof. Juan Rosellón, Ph.D. Kerstin Ringelhan in DIW Berlin’s Spotlight series Last updated: January 2016 Research associates Dr. Hella Engerer, Dr. Franziska Holz, Michael Kohlhaas, Dr. Uwe Kunert, Dr. Friedrich www.diw.de/ Kunz, Dr. Heike Link, Dr. Wolf-Peter Schill, spotlight_cop21 and Dr. ­Aleksandar Zaklan

Other selected publications: 2 Francisco J. Bahamonde Birke, Publications Uwe ­Kunert, and Heike Link: The Value of a Statistical Life in a Road Safety Context: A Review of the Current Literature Wolf-Peter Schill and Clemens Gerbaulet: Transport Reviews 35, no. 4 (2015): 488–511 Power System Impacts of Electric ­Vehicles in Germany: Charging with Jonas Egerer, Juan Rosellón, Coal or ­Renewables and ­Wolf-Peter Schill: Applied Energy 156 (2015): 185–196 Power System Transformation toward Renewables: An Evaluation of Regulatory The impact that future electric vehicles will have on the German energy system Approaches for Network Expansion ­depends largely on the charging strategy adopted. The total annual energy demand The Energy Journal 36, no. 4 (2015): 105–128 of future electric is rather low. Purely user-driven charging strategies, however, could very quickly result in critical peak loads in the evening hours. In contrast, a 100 per- Franziska Holz, Philipp M. Richter, cent system-cost-optimized approach based on overnight charging or charging during and Ruud Egging: periods of high solar power availability is unproblematic.­ Even partial system-cost A Global Perspective on the Future of Natural orientation is enough to alleviate the ­problems with peak loads. The flip side of a Gas: Resources, Trade, and Climate Constraints cost-optimized charging strategy, how­ever, is the rise in coal-fired power generation, Review of Environmental Economics and resulting in above-average specific CO2 emissions for electricity generated for use in Policy 9, no. 1 (2015): 85–106 electric cars. To ensure that electric ­vehicles remain largely CO2-neutral, their market introduction must go hand in hand with the increased deployment of renewable Christian von Hirschhausen, Clemens energy sources. This paper is based on findings generated in a European research ­Gerbaulet, Claudia Kemfert, Felix Reitz, project. ­Dorothea Schäfer, and Cornelia Ziehm: Rückbau und Entsorgung in der deutschen Atomwirtschaft: öffentlich-rechtlicher Atomfonds erforderlich (Decommissioning and waste management in the German nuclear industry: public fund required) DIW Wochenbericht, no. 45 (2015): 1072–1082

DIW Berlin | Annual Report 2015 31 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > SUSTAINABILITY

Events / Conference Papers

The Berlin Conference on Energy and Electricity Economics (BELEC) is an Berlin Conference on Energy and Electricity ­international energy economics conference organized by DIW Berlin and held for the Economics (BELEC 2015) second time in 2015. The main aim of BELEC is to provide a platform for ­researchers, Cross-Border Coordination for Sustainable policy-makers, and businesses to discuss current trends and issues in energy econom- Energy Security – Theory and Policy Lessons ics. At the BELEC conference, the latest research findings are presented by renowned from Different Sectors international researchers and discussed with the conference participants. The main Cooperating partner: focal point of BELEC 2015 was cross-border coordination between energy markets ­Technische ­Universität Berlin with the purpose of advancing the energy transformation process in ­Europe. More Contact persons: Claudia Kemfert, ­Christian than 100 participants attended 31 presentations on applied and theoretical ­research von Hirschhausen, and Friedrich Kunz

in the fields of electricity, gas, and CO2 emissions. The conference was rounded off (all DIW Berlin) by keynote speeches from Rainer Baake (State Secretary in the Federal Ministry for May 27–29, 2015, Berlin, Germany Economic Affairs and Energy), Achim Wambach (Cologne University, Member of the Monopolies Commission), Steven A. Gabriel (University of Maryland), and Ross Baldick (University of Texas). Selected conference papers will be published in a special issue of a high-ranking journal.

Other selected events / conference papers:

Can Germany Lead the EU for an Market Power Rents and Climate Change Ambitious Target on Clean Energy and Mitigation: A Rationale for Coal Taxes? Climate Change? Speaker: Roman Mendelevich (DIW Berlin) Speaker: Franziska Holz (DIW Berlin) Co-authors: Philipp M. Richter (DIW Berlin) and Energy Policy Exchange Forum Frank Jotzo (Crawford School of Public Policy) November 6–7, 2015, Beijing, China 21st Annual Conference of the European Association of Environmental and Resource The German Energy Transition: Economists (EAERE 2015) Political Objectives and Measures of June 24–27, 2015, Helsinki, Finland Implementation Speaker: Wolf-Peter Schill (DIW Berlin) Affordable and Efficient Energy in Indonesia: Indonesian-German Energy Dialogue (IGED 2015) September 1, 2015, Jakarta, Indonesia

Sowing the Wind and Reaping the Whirlwind? The Effect of Wind Turbines on Residential Well-Being Speaker: Alexander Zerrahn (DIW Berlin) Co-author: Christian Krekel (DIW Berlin) 11 th World Congress of the Econometric Society (ESWC15) August 17–21, 2015, Montreal, Canada

32 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > SUSTAINABILITY

Projects

RESOURCES was a research project conducted from 2012 to 2015 by DIW Berlin and International Energy Resource Markets the University of Potsdam within the framework of »Resource Markets and Policies,« under Climate Constraints (RESOURCES) a cooperative research program between DIW Berlin, the University of Potsdam, and Funded by: Federal Ministry of Education the Technische Universität Berlin. As part of the RESOURCES project, researchers and Research (BMBF) from DIW Berlin examined the reciprocal relationships between resource markets Coordinator: Franziska Holz (DIW Berlin) and climate change, the main research focus being the markets for coal, crude oil, Cooperating partner: University of Potsdam and natural gas. The key issues analyzed during the project were climate policies April 2012–December 2015 and their impact on the supply and demand for energy resources, in particular with regard to intertemporal and interregional optimization and displacement effects known as carbon leakage. The study first looked at how ­resource markets work, primarily at supplier behavior, before turning its attention to the effectiveness of climate strategies. One the central aims of the project was to ­combine the use of advanced methods of econometrics and numerical modeling.

Other selected projects: 2

A Renewable Energy Dominated Model-based analyses for the electricity Power Market sector design to favor the integration Funded by: The Mercator Foundation of renewable energies in the energy Coordinator: Wolf-Peter Schill (DIW Berlin) transformation (MASMIE) Cooperating partner: Potsdam Institute for Funded by: The Mercator Foundation Climate Impact Research (PIK) Coordinator: Friedrich Kunz (DIW Berlin) May 2013–October 2015 February 2012–May 2016

Ökonomischer Vergleich der Verkehrsträger (Economic comparison of transport carriers) Commissioned by: German Environment Agency (UBA) Coordinator: Heike Link (DIW Berlin) September 2015–May 2017

Impact of Renewable Energy Sources (ImpRES) Funded by: Federal Ministry for Economic Affairs and Energy (BMWi) Coordinator: Jochen Diekmann (DIW Berlin) Cooperating partners: The Fraunhofer Institute for Systems and Innovation Research (ISI), The Institute of Economic Structures Research (GWS), and the Institute for Future Energy Systems (IZES) February 2012–June 2016

DIW Berlin | Annual Report 2015 33 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > SUSTAINABILITY

Climate Policy

The Department of Climate Policy uses empirical and theoret- ical methods to explore how German and European transitions to sustainable energy. In particular, it analyses policies related to energy and energy efficiency in buildings. Researchers are also looking into how to make the transition to a sustainable, climate-friendly industry. Research methods include quantitative and qualitative analyses, modeling, and assessments. The de- partment ensures that it produces robust and ­relevant analysis, ­characterized by early dialogs with stake­holders, ­independent testing of its researchers’ expertise in relevant sectors, and co- operation with networks of international experts. In view of the short track record of many of the instruments ­analyzed, there is a special focus on cross-country comparisons.

European Union Emissions Trading System: development of surplus allowances in circulation

Allowances in circulation Projected allowances in circulation Market Stability Reserve Electricity sector hedging requirement Hedging corridor

4.0

3.5

3.0

2.5

2.0

1.5

Emissions in billions of tonnes Emissions in billions of 1.0

0.5

0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

The graph shows the development of surplus emissions allowances in the EU Emissions Trading System (EU ETS) and what proportion of this is transferred to the new 2015 market stability reserve. As can be seen, by the early 2020s, the remaining surplus is greater than the electricity sector’s hedging requirement. Any emissions allowances that exceed the electricity sector’s hedging requirement must therefore be retained as a speculative investment which only occurs where returns are expected to be high. Thus, it can be assumed that discount is currently applied to subsequent scarcity prices. Source: DIW Discussion Paper 1271 (2013)

34 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > SUSTAINABILITY

Department of Climate Policy Doctoral students Phone +49 30 897 89 - 470 Nils May and Vera Zipperer E-mail [email protected] Left in 2015 Head William Acworth, Dr. Anne Schopp, and Prof. Karsten Neuhoff, Ph.D. Jun.-Prof. Sebastian ­Schwenen, Ph.D.

Team assistant Last updated: February 2016 Olga Zhylenko

Research project coordinator Kerstin Ringelhan Claus Michelsen on the Heat Research associates Monitor 2014 in DIW Berlin’s Dr. Thilo Grau, Dr. Claus Michelsen, Prof. Gregory Nemet, Dr. Sebastian Petrick, Nachgeforscht series Dr. Jörn Richstein, Dr. Nolan Ritter, Jan Stede, and Dr. Sophia Wolter

www.diw.de/nachgeforscht_ waermemonitor

2 Publications Other selected publications:

Sebastian Schwenen: Misato Sato, Karsten Neuhoff, Strategic Bidding in Multi-Unit Auctions ­Verena ­Graichen, Katja Schumacher, with Capacity Constrained Bidders: The and ­Felix ­Matthes: New York Capacity Market Sectors under Scrutiny: Evaluation of The RAND Journal of Economics 46, Indicators to Assess the Risk of Carbon no. 4 (2015): 730–750 Leakage in the UK and Germany Environmental and Resource Economics 60, In 2015, there were intensive discussions in Germany over the introduction of a no. 1 (2015): 99–124 capacity market in the energy sector. The idea of a comprehensive capacity market, however, was rejected in favor of a »slimmed down« strategic reserve. In the course Michael Grubb, Jean-Charles Hourcade, of these discussions, the Department of Climate Policy gathered data on international and Karsten Neuhoff: experience with similar mechanisms including, for example, this paper that looks The Three Domains Structure of at the New York capacity market. The paper employs a model of a multi-unit uniform ­Energy-Climate Transitions price auction. Using simple strategies, electricity firms can coordinate and generate Technological Forecasting and Social additional high rents in the capacity market, the cost of which are passed on to the Change 98 (2015): 290–302 end customers. The result was verified with the help of the data from the capacity auction in New York.

DIW Berlin | Annual Report 2015 35 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > SUSTAINABILITY

Events / Conference Papers

In October 2014, the European Council passed a resolution to develop a reliable and The 2020 Strategy Experience: transparent governance system in order to ensure compliance with Europe’s energy ­Lessons for Regional Cooperation, policy targets. In February 2015, the European Commission adopted its strategy for a EU ­Governance and Investment European Energy Union, triggering a debate over how to make the European energy DIW Berlin Conference sector more secure, more sustainable, and more competitive. Against this background, June 17, 2015, Berlin, Germany the conference participants sounded out the experiences the European Union and its constituent member states have had with cooperation and coordination mechanisms in the area of energy policy. The relevant facts and findings were compiled in a report that can be used as the basis for the ongoing development of European energy policy.

Other selected events / conference papers:

EU’s Energy Union Strategy with Can Banking CO2 Allowances European Commission Vice President Ensure Inter-Temporal Efficiency? Maroš Šefcovic ReferentInnen: Anne Schopp (DIW Berlin), Speakers: Kirsten Westphal (German Institute Speakers: Anne Schopp (DIW Berlin) for International and Security Affairs, SWP) and Karsten Neuhoff (DIW Berlin) and Armin Sandhövel (Allianz Global Investors) Allied Social Science Associations Annual Berlin Seminar on Energy and Climate Policy Meeting 2015 June 24, 2015, Berlin, Germany January 3–5, 2015, Boston, US

36 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > SUSTAINABILITY

Projects

The idea behind the EU Emissions Trading System (EU ETS) is to help cut Modelling the EU ETS: Stability through greenhouse gas emissions and foster investment in eco-friendly technologies. a Permit Reserve The ­numerous market obstacles that exist, however, can mean that, due to the Funded by: The Mercator Foundation ­considerable surplus emissions allowances, emissions trading plays rather a ­limited Coordinator: Karsten Neuhoff (DIW Berlin) role in reducing emissions cost-effectively. Consequently, in January 2014, the November 2014–June 2015 ­European Commission proposed the introduction of a market stability reserve. An analysis of various quantity- and price-based systems shows that a quantity-based market stability reserve – particularly if introduced early enough and if allowances are transferred from other reserves directly – makes emissions trading more cost­- effective, price ­signals for investors more robust and credible, and the system less susceptible to shocks.

Other selected projects: 2

Inclusion of Consumption in Implementation of the EU Renewables Emissions Trading Directive against the backdrop of the Commissioned by: Climate Strategies European energy markets (EUREEM) Coordinator: Vera Zipperer (DIW Berlin) Funded by: Federal Ministry for Economic January 2015–October 2016 Affairs and Energy (BMWi) Coordinator: Karsten Neuhoff (DIW Berlin) Policy Dialogue on the Assessment and April 2013–April 2016 Convergence of RES Policy in EU Member States (DIA-CORE) Funded by: European Commission Coordinator: Thilo Grau (DIW Berlin) Cooperating partners: The Fraunhofer Institute for Systems and Innovation Research (ISI), Energy Economics Group of the Technical University of Vienna (TU Wien), Ecofys Netherlands, eclareon, National Technical University of Athens, Lithuanian Energy Institute, Center for European Policy Studies, University of Utrecht, and AXPO Austria April 2013–March 2016

DIW Berlin | Annual Report 2015 37 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > INDUSTRIAL ECONOMICS

Firms and Markets

The Department of Firms and Markets analyzes corporate strategic­ behavior and its impact on growth, efficiency, and ­productivity as well as the institutional and political ­environment in which ­companies operate. With the aid of well-established ­empirical microeconomic tools, the department analyzes ­economic policy ­issues, the aim being to produce robust data on and suitable tools for evaluating current economic policies. One of the department’s key focuses is to evaluate the impact of ­economic policy decisions on market outcomes in the fields ofregulation, ­ ­competition policy, and industrial and innovation policy.

Waning investment in German industry Net capital assets index 2007 = 100

108

106

104

102

100

98

96

94 2007 2008 2009 2010 2011 2012 2013

US France Germany UK

Source: Quarterly Journal of Economic Research 1 (2015)

38 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > INDUSTRIAL ECONOMICS

Firms and Markets Department ­Mattia Nardotto,­ Ph.D., Dr. Maria Nieswand, Phone +49 30 897 89 - 673 Dr. Alexander Schiersch, Prof. Jo Seldeslachts, E-mail [email protected] Ph.D., Dr. Hannes Ullrich, and Dr. Michael Zschille Head Prof. Dr. Tomaso Duso Doctoral students Pauline Affeldt, Marie Le Mouel, Anna Lu, Deputy Head Stefan Seifert, and Caroline Stiel Prof. Dr. Martin Gornig Research assistants Team assistant Thomas Asperger and Hella Steinke Sibylle Kremser Last updated: February 2016 Heike Belitz on research and de- Research project coordinator velopment as a growth engine in Irene Friesenhahn DIW Berlin’s Nachgeforscht series Research associates Sofia Amaral-Garcia, Ph.D. (on leave), Dr. Heike Belitz, Dr. Astrid Cullmann, Dr. Dietmar Edler, Alexander Eickelpasch, www.diw.de/nachgeforscht_ forschungundentwicklung

2 Publications Other selected publications:

Mattia Nardotto, Tommaso Valletti, Heike Belitz and Alexander Eickelpasch (eds.): and Frank ­Verboven: Renaissance der Industrie Unbundling the Incumbent: ­(Industrial ­renaissance) ­Evidence from UK Broadband Quarterly Journal of Economic Research 84, Journal of the European Economic no. 1 (2015) ­Association 13, no. 2 (2015): 330–362 Jeanine Miklos-Thal and Hannes Ullrich: This study examines the effects of a regulatory reform to force the established Belief Precision and Effort Incentives ­telecommunications operator to make their local connection lines accessible to other in ­Promotion Contests firms – known as Local Loop Unbundling (LLU). This form of open-access regulation The Economic Journal 125, is employed by the majority of European countries to ensure high-level competition no. 589 (2015): 1952–1963 and innovation among broadband Internet service providers. Using a highly detailed dataset for the UK, this study shows that many competing providers have used LLU Alexander Schiersch, Heike Belitz, to enter the market, although this only contributed to broadband penetration in and ­Martin ­Gornig: the initial years. This did, however, have a lasting positive impact on the quality of Why Is TFP Growth Sectorally Concentrated? ­broadband connections. This study also looked at the effects of competition through Applied Economics 47, an alternative technology (cable) that cannot be regulated. Here, cross-platform no. 55 (2015): ­5933–5944 ­competition was found to have a positive effect on both the penetration of broadband and the quality of broadband services. Michael Zschille: Consolidating the Water Industry: An Analysis­ of the Potential Gains from Horizontal Integration in a Conditional Efficiency Framework Journal of Productivity Analysis 44, no. 1 (2015): 97–114

DIW Berlin | Annual Report 2015 39 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > INDUSTRIAL ECONOMICS

Events / Conference Papers

Over the course of the research project KOMIED, international external researchers KOMIED-Workshop and DIW researchers from the Firms and Markets Department discussed the challenges This workshop was conducted as part of the facing municipal infrastructure companies. During the one-day workshop, the latest Leibniz Association-funded research project research findings on the impact of corporate ownership and governance structures Kommunale Infrastrukturunternehmen on a company’s productivity were presented, as were methodical developments in the zwischen Energiewende und demografischem area of regulatory benchmarking. The empirical findings were based on a new and Wandel (KOMIED) – Industrieökonomische unique panel dataset for the energy and water sectors. The dataset was generated as Analysen mit Mikrodaten der Energie-, Wasser-­ part of the project and provides the basis for a first-ever comprehensive Germany-wide und Abfallwirtschaft (Municipal infrastructure analysis at company level. Drawing on this, the participants discussed and deliberated companies against the background of energy over possible future joint research projects. Issues that may pose challenges for future policy and demographic change) regulation research and policies were outlined, among others, in the keynote speech Organizers: Astrid Cullmann, Maria by Antonio Estache, Professor of Economics at the Université libre de Bruxelles Nieswand, Stefan Seifert, Caroline Stiel, and in Belgium. Michael Zschille (all DIW Berlin staff) October 2, 2015, Berlin, Germany

Other selected events / conference papers:

Competition, Competition Policy, Internet and Politics: Evidence and Growth from UK Local Elections and Local Speaker: Tomaso Duso (DIW Berlin) Government Policies Marktwirtschaft 2015 und das Speaker: Mattia Nardotto (DIW Berlin) Wettbewerbsprinzip (Market economy Co-authors: Alessandro Gavazza (London 2015 and the principle of competition): School of Economics) and Tommaso Valletti 48th Innsbruck Symposium of the economic (Imperial College London) research institute Forschungsinstitut für The 5th Berlin IO Day Wirtschaftsverfassung und Wettbewerb (FIW) September 25, 2015, Berlin, Germany February 18–20, 2015, Innsbruck, Austria Evaluation of Competition Policy Regulation and Investment Incentives Enforcement: A Critical Discussion in Electricity Distribution Speaker: Tomaso Duso (DIW Berlin) Speaker: Astrid Cullmann (DIW Berlin) OECD Final Workshop on the Ex-Post Co-author: Maria Nieswand (DIW Berlin) Evaluation of Competition Authorities’ 42nd Annual Conference of the European Enforcement Decisions Association for Research in Industrial October 26, 2015, Paris, France Economics (EARIE 2015) August 28–30, 2015, Munich, Germany

40 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > INDUSTRIAL ECONOMICS

Projects

The Leibniz ScienceCampus Berlin Centre for Consumer Policies (BCCP) is a Berlin Centre for Consumer Policies (BCCP) ­permanent international platform for research, policy advice, and knowledge Funded by: Leibniz Association ­transfer in the area of competition and consumer policy. The objective of some Coordinator: Hannes Ullrich (DIW Berlin) laws, ­institutions, and regulations is to protect consumers and ensure that relevant Speaker: Tomaso Duso (DIW Berlin) ­information is available on the market in order to prevent companies from conducting Cooperating partners: Berlin Social Science unfair practices that are detrimental to competition. Some of these economic policy Center (WZB), Humboldt-Universität zu measures affect consumers directly, for example, consumer protection measures ­Berlin, Freie Universität Berlin, Technische and taxation, while others, such as regulatory measures and competition policy, have Universität Berlin, European School of an indirect impact. The aim of the BCCP is to examine and understand the com- Management and Technology (ESMT), plex interactions between these different measures. The project participants are two and Hertie School of Governance Leibniz Institutes, DIW Berlin and the Berlin Social Science Center (WZB), as well In cooperation with: the Department as numerous faculties of Humboldt-Universität zu Berlin, Freie Universität of Berlin, of ­Competition and Consumers and the Technische Universität Berlin, the European School of Management and Technology Department of Public Economics (ESMT), and the Hertie School of Governance. May 2015–May 2019

Other selected projects: 2

The Economic Impact of Enforcement of Globalisation of R&D in Competition Policies on the Functioning Multinational Companies in Germany – of EU Energy Markets An International Comparison Funded by: European Commission, Commissioned by: Commission of Directorate-General for Competition Experts for Research and Innovation (EFI) Coordinator: Tomaso Duso (DIW Berlin) of the Federal Government Cooperating partner: Coordinator: Heike Belitz (DIW Berlin) ICF Consultancy Services Cooperating partners: Lower Saxony November 2014–December 2015 Institute for Economic Research (NIW) and the joint initiative Stiftverband R&D Intensive Industries and Wissenschaftsstatistik Essen ­Knowledge-Intensive Services in March 2015–February 2016 International Competition Commissioned by: Commission of Environmental protection as an economic Experts for Research and Innovation (EFI) factor: analysis of the economic of the Federal Government significance of environmental protection Coordinator: Alexander Schiersch by up-dating important indicators (DIW Berlin) Commissioned by: German September 2014–February 2015 Environment Agency (UBA) Coordinator: Dietmar Edler (DIW Berlin) Cooperating partners: Lower Saxony Institute for Economic Research (NIW), The Fraunhofer Institute for Systems and Innovation Research (ISI), and Jürgen Blazejczak (FH Merseburg) September 2015–October 2018

DIW Berlin | Annual Report 2015 41 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > INDUSTRIAL ECONOMICS

Competition and ­Consumers

The Department of Competition and Consumers aims to produce robust evidence of how markets function. Its research combines approaches from industrial economics with new findings from ­behavioral economics, thus enabling comprehensive analysis of ­strategic interactions and market allocations. The department focuses on analyzing different market structures, information asymmetries, incomplete contracts, and decision-making under ­uncertainty. The findings serve as a basis for economic policyadvice ­ in the areas of competition, regulation, and consumer policy.

Value-added chain of conventional coffee production and fair trade

Stock Exchange Trading

Traders Roasting house Price global market

Coffee farmers Supermarkets

End consumer Price = max {p global market, p Fair Trade} + 20¢

Bilateral negotiations

Fair trade cooperative Fair trade dealer Fair trade roasting house

Source: DIW Berlin, www.fairtrade.net

42 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > INDUSTRIAL ECONOMICS

Department of Competition Doctoral students and ­Consumers Helene Naegele, Kathleen Ngangoué, Phone +49 30 897 89 - 673 ­Tobias Schmidt, and Christian Zankiewicz E-mail [email protected] Left in 2015 Acting Head Dr. Georg Erber, Andreas Harasser, Prof. Dr. Pio Baake and Dr. ­Vanessa von Schlippenbach

Team assistant Last updated: March 2016 Sibylle Kremser

Research project coordinator Kathleen Ngangoué on the Irene Friesenhahn importance of price knowledge for investment decisions in DIW Research associates Dr. Jana Friedrichsen, Kornelia Hagen, Berlin’s Nachgeforscht series Dr. Nicola Jentzsch, and Dr. Lilo Wagner (on leave)

www.diw.de/nachgeforscht_ investitionsentscheidungen

2 Publications Other selected publications:

Vanessa von Schlippenbach: Helene Naegele: Sales at a Loss: Who Benefits? Offset Credits in the EU ETS: A Quantile European Review of Agricultural Estimation of Firm-Level Transaction Costs ­Economics 42, no. 2 (2015): 269–286 DIW Discussion Paper, no. 1513 (2015)

Due to the relatively high concentration on the retail market, its price-setting behavior Kathleen Ngangoué: is increasingly being criticized. This applies, among other things, to below-cost Sehen, um zu verstehen: Preiskenntnis pricing where ­retailers set prices below the level at which they themselves have to fördert rationale Investitionsentscheidungen purchase the products. As part of a competitive-theory model, this paper studies (Seeing is understanding: price knowledge when below-cost pricing can be profitable and what impact it has on manufacturers encourages rational investment decisions) of the relevant products. The ­findings suggest that below-cost pricing is more DIW Wochenbericht, no. 34 (2015): 740–747 worthwhile, the more ­consumers tend to bundle their purchases from only one retailer. For manufacturers of the relevant­ products, sales of products at below- Kathleen Ngangoué and Georg Weizsäcker: cost pricing have a positive impact ­because they strengthen their leverage over the Learning from Unrealized Versus retailers. As a result, below-cost ­pricing is not an instrument that retailers use to ­Realized Prices reduce manufacturers’ profits. DIW Discussion Paper, no. 1487 (2015)

Lilo Wagner: Pass/Fail, A-F, or 0-100? – ­Optimal ­Grading of Eager Students DIW Discussion Paper, no. 1445 (2015)

DIW Berlin | Annual Report 2015 43 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > INDUSTRIAL ECONOMICS

Events / Conference Papers

Consumer policy is aimed at the autonomy and responsibility of consumers. It is Berlin Lunchtime Meeting: Neue ­intended to ensure that markets function fairly and that consumers can make confident­ ­Instrumente in der Verbraucherpolitik – decisions. However, many consumers have become uncertain as products are increasingly Das Beispiel Finanzmarktwächter (New complex, advice is often not available, and there are frequently no uniform standards instruments in consumer policy based to refer to. Consequently, there have been calls to base consumer policies and research on the financial market watchdog) more closely on empirical and systematic market observations. This is to be achieved Speaker: Gerd Billen (Federal Ministry for with a new architecture for consumer policy that would include, among other things, a Justice and Consumer Protection, BMJV) market watchdog that consumers could go to with their grievances. This concept was Welcome address: presented by Gerd Billen, Germany’s State Secretary to the Federal Minster for Justice Gert G. ­Wagner (DIW ­Berlin) and Consumer Protection, at one of DIW Berlin’s Lunchtime Meetings. One advantage­ Moderator: Kornelia Hagen (DIW Berlin) of this civic institution is that it would empower consumers without ­introducing January 22, 2015, Berlin, Germany ­complex legislation. A market watchdog has been financed by the Federal Ministry for Justice and Consumer Protection (BMJV) since 2015, when it was established by ­consumer organizations. At the event, discussions focused on what tasks and ­authority would be useful for the watchdog, what kind of relationship it would have with the financial authorities, how representative its ­observations could be, and how to guarantee the independence of this new institution.

Other selected events / conference papers:

Learning from Unrealized Versus Hidden Skewness: On the Difficulty Realized Prices of Multiplicative Compounding under Speaker: Kathleen Ngangoué (DIW Berlin) Random Shocks Co-author: Georg Weizsäcker (HU Berlin) Speaker: Christian Zankiewicz (DIW Berlin) 11 th World Congress of the Econometric Co-authors: Ludwig Ensthaler (WZB), Society (ESWC15) Olga Nottmeyer (IZA), and Georg Weizsäcker August 17–21, 2015, Montreal, Canada (HU Berlin) Jahrestagung des Vereins für Socialpolitik Offset Credits in the EU Emissions 2015: Ökonomische Entwicklung – Trading System: A Firm-Level Evaluation Theorie und Politik (Economic development – of Transaction Costs theory and policy: annual conference of the Speaker: Helene Naegele (DIW Berlin) German Economic Association) 30th Annual Congress of the European September 6–9, 2015, Münster, Germany Economic Association (EEA 2015) August 24–27, 2015, Mannheim, Germany Striving for Vertical Independence: Opening of the Panel on EU Policy Speaker: Nicola Jentzsch (DIW Berlin) European Parliament High-level Conference: Protecting Online Privacy by Enhancing IT Security and Strengthening EU IT Capabilities December 8–9, 2015, Brussels, Belgium

44 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > INDUSTRIAL ECONOMICS

Projects

Scarce resources, growing demand for agricultural products, and greater competition Global Food ­Markets: Globale Ernährungs­ for land to be used in energy or food production have all made strategies for food sicherung – ­Herausforderungen für security increasingly important. This research project on global food security exam- ­Produktion und Konsum (Global ines supply- and demand-side approaches to achieving increases in sustainable supply food ­security – challenges for production and consumption patterns. Based on the analysis of vertical oligopoly structures, and ­consumption) the project highlights interactions along the agricultural value-added chains. It also Funded by: Leibniz Association focuses on the interplay between supply and consumer behavior as well as the effects Coordinators: Jana Friedrichsen of private standards and whether these can lead to more sustainable production and (since March 2016), Vanessa von consumption. The analyses are both theoretical and empirical and incorporate aspects ­Schlippenbach (until September 2015) of behavioral economics. (both DIW Berlin) July 2015–June 2018

Other selected projects: 2

Innovation Framework for Privacy and Incentive-Compatible Mechanism Cyber Security Market Opportunities Design for Privacy Funded by: European Commission Funded by: Google Research Award (EU Framework Programme for Research and Coordinator: Nicola Jentzsch (DIW Berlin) Technological Development 7) Cooperating partners: Coordinator: Nicola Jentzsch (DIW Berlin) Royal Holloway, University of London, Cooperating partners: Waterford Institute of and University of Bologna Technology, Espion Group, Dublin, Leuven November 2012–February 2016 Security Excellence Consortium (LSEC), and VASCO Data Security November 2013–October 2015

Investors’ Expectations: Measuring Their Nature and Effect Funded by: European Research Council Starting Grant Coordinator: Georg Weizsäcker (DIW Berlin) Cooperating partners: Humboldt-Universität zu Berlin, University College London (UCL), London School of Economics and Political Science (LSE), University of Aberdeen, Berlin Social Science Center (WZB), and University of St. Andrews March 2011–February 2016

DIW Berlin | Annual Report 2015 45 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Public Economics

The primary research focus of the Department of Public ­Economics is the question of how financial, fiscal, and social ­policies influence the economic decisions taken by individuals, households, and companies. The department’s key focus is on fiscal and social policy in Germany. The analyses conducted are based on micro-simulation models and modern methods of ­empirical economic research. Of particular interest to the ­researchers in this ­department is the behavior of households, ­companies, and policymakers,­ as well as the distributional effects of fiscal andsocial ­ policy. These are analyzed not only at national level, but also at local, regional, and European Union level.

Distribution of household net assets in Germany in 2011 Total household net assets = 8,600 billion euros (100 percent)

10 %

40 %

63.2 % 50 %

Source: own calculations based on the Household Finance and 34.2 % Consumption Survey (HFCS) 2011, including estimated cases with very high assets.* 2.6 % * Stefan Bach, Andreas Thiemann, and Aline Zucco, The Top Tail of the Wealth Distribution in Germany, France, Spain, and Greece, DIW Berlin Discussion Paper, no. 1502 (2015).

46 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Department of Public Economics Doctoral students Phone +49 30 897 89 - 264 Felix Arnold, Sascha Drahs, Stefan Etgeton, E-mail [email protected] Patricia Gallego-Granados, Holger Lüthen, Michael Neumann, Julia Schmieder, Ulrich Head Schneider, Andreas Thiemann, Songül Tolan, Prof. Dr. Peter Haan and Clara Welteke

Deputy Head Last updated: February 2016 Dr. Katharina Wrohlich

Team assistant Nicole Haase Katharina Wrohlich on family Research project coordinator working time in DIW Berlin’s Irene Friesenhahn Nachgeforscht series Research associates Dr. Stefan Bach, Hermann Buslei, Prof. Ronny Freier, Ph.D., Dr. Johannes Geyer, Dr. Luke Haywood, Dr. Daniel Kemptner, Dr. Kai-Uwe www.diw.de/nachgeforscht_ Müller, Dr. Erika Schulz, and Dr. Martin Simmler familienarbeitszeit

2 Publications Other selected publications:

Timm Bönke, Giacomo Corneo, Johannes Geyer, Peter Haan, ­and ­Holger Lüthen: ­and ­Katharina ­Wrohlich: Lifetime Earnings Inequality in Germany The Effects of Family Policy on Maternal Journal of Labor Economics 33, Labor Supply: Combining Evidence from a no. 1 (2015): 171–208 Structural Model and a Quasi-Experimental Approach This study measures the inequality and mobility of salaries and wages over the entire Labour Economics 36 (2015): 84–98 working life based on administrative data. The findings show that the inequality of lifetime income subject to statutory social insurance contributions of workers in Ronny Freier and Christian Odendahl: born between 1935 and 1960 has increased. However, the long- and Do Parties Matter? Estimating the Effect short-term income mobility of those studied remained constant. Between 20 and of Political Power in Multi-Party Systems 40 ­percent of the increase in inequality can be attributed to greater unemployment European Economic Review 80 (2015): among those in the lower wage distribution, the remainder is caused by a sharp 310–328 ­divergence in wages. Johannes Geyer and Thorben Korfhage: Long-Term Care Insurance and Carers’ Labor Supply: A Structural Model Health Economics 24, no. 9 (2015): 1178–1191

Stefan Bach, Markus Grabka and Erik ­Tomasch: Tax and Transfer System: Considerable Redistribution Mainly Via Social Insurance DIW Economic Bulletin, no. 8 (2015): 103–111

DIW Berlin | Annual Report 2015 47 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Events / Conference Papers

At the Social Democratic Party (SPD) parliamentary group’s Zukunftskonferenz (Future Familienarbeitszeit – Verbesserung der Conference), which took place on September 21, 2015 as part of the #NeueZeiten: Vereinbarkeit von Familie und Beruf? ­Arbeits- und Lebensmodelle im Wandel (#NeueZeiten: changing work and life models) ­(Family working time – helping achieve a group, Katharina Wrohlich presented the findings of a study on family working time. better work-life balance?) The concept of family working time sees parents of one- to two-year-old children Speaker: Katharina Wrohlich (DIW Berlin) receiving a financial payment when both the mother and father work between 28 SPD Parliamentary Group Workshop and 32 hours per week, thus spending equal amounts of time working, looking after ­»Projekt Zukunft #NeueGerechtigkeit« the child(ren), and doing housework. This would result in two percent of families – ­(Future project #NeueGerechtigkeit) twice as many as currently – choosing this kind of working time model. DIW Berlin September 21, 2015, Berlin, Germany conducted the study on behalf of the Friedrich Ebert Foundation. Both the concept of family working time and the findings were well received by members of the SPD parliamentary group and discussed with interest at the Zukunftskonferenz.

Other selected events / conference papers:

Labor Supply under Participation and Inequality and Defined Benefit Pensions Hours Constraints: An Extended Structural When Life Expectancy Is Heterogeneous Model for Policy Evaluations Speaker: Daniel Kemptner (DIW Berlin) Speaker: Kai-Uwe Müller (DIW Berlin) Co-authors: Peter Haan (DIW Berlin) and Co-authors: Michael Neumann (DIW Berlin) Victoria Prowse (Cornell University) and Katharina Wrohlich (DIW Berlin) 30th Annual Congress of the European 11 th World Congress of the Econometric Economic Association (EEA 2015) Society (ESWC15) August 24–27, 2015, Mannheim, Germany August 17–21, 2015, Montreal, Canada Tax Reform to Reduce Inequality Looking for Jobs with Good Pay and Good Speaker: Stefan Bach (DIW Berlin) Working Conditions Conférence et Colloque »Alternatives Speaker: Luke Haywood (DIW Berlin) pour l’Europe« Co-author: Jean-Marc Robin (Sciences Po) October 12–14, 2015, Luxembourg, 11 th World Congress of the Econometric Luxembourg Society (ESWC15) August 17–21, 2015, Montreal, Canada

48 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Projects

The Kommunale Finanzreport 2015 (Municipal Finance Report 2015) is a national Kommunaler Finanzreport 2015 ­analysis of municipal households compiled on behalf of the Bertelsmann Stiftung ­(Municipal Finance Report 2015) in partnership with experts from the Department of Public Economics with real-life Funded by: Bertelsmann Stiftung experience in the field. The 160-page report on the current state of municipal Coordinator: Ronny Freier (DIW Berlin) finances was published under the direction of Ronny Freier and in cooperation with August 2014–July 2015 Felix Arnold. The authors analyzed trends over time and regional differences in the finances of German municipalities. In addition to a general overview of all the major financial indicators, the analysis focused in particular on three key aspects: the costs of accommodation as a social benefit that cannot be structured at municipal level, communal taxes as a prime income source, and debt, including short-term lending which is currently the subject of public debate. The report also financially assessed the consolidation and restructuring measures of highly indebted cities, for the first time. It received a high level of general media attention, being quoted in 605 online articles, in 354 print media articles, in 231 radio reports, and in 24 television reports.

Other selected projects: 2

The Impact of Social Security Contributions Female Labor Supply and Fertility in on Earnings: Evidence Using Administrative Times of Demographic Change Data in France, Germany, the Netherlands Funded by: German Research Foundation (DFG) and the UK Coordinator: Peter Haan (DIW Berlin) Funded by: German Research Foundation (DFG) September 2014–September 2017 Coordinator: Peter Haan (DIW Berlin) September 2012–March 2016 Steuern auf Arbeit: Eine strukturelle Analyse der Auswirkungen (Taxes on work: Simulationsrechnungen zu den Auf­ a structural analysis of its effects) kommens- und Verteilungswirkungen von Funded by: German Research Foundation (DFG) Reformvorschlägen zur Einkommensteuer Coordinator: Luke Haywood (DIW Berlin) sowie zur Gewerbe- und Körperschaftsteuer September 2015–September 2017 (Simulation calculations on the occurrence and distribution effects of proposed reforms on income tax, commercial tax, and corporation tax) Funded by: Saxony State Ministry of Finance Coordinator: Stefan Bach (DIW Berlin) January 2013–December 2016

DIW Berlin | Annual Report 2015 49 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Education and Family

The Department of Education and Family explores ­education- and family-related issues, primarily from a microeconomic ­perspective. One key question addressed by the department is to what extent­ it is possible to fully develop the human potential of a country’s­ economy.­ In the field of education, areas studied by the department­ include skills acquisition and educational inequalities with a focus on analyzing early learning and tertiary education. One key area of research into the family is the division of labor, including gainful employment, housework, and childcare, ­between both parents. The department also analyzes the effects of ­education- and family-policy­ reforms on families and children.

Change in women’s share of family work after birth of first child In percent

Women Men

100

80

60

40

20 72 % 77 % 78 %

0 Housework Housework Childcare before birth of four years after birth of four years after birth of first child first child first child

Source: DIW Wochenbericht 82 (2015), 50

50 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Department of Education and Family Doctoral students Phone +49 30 897 89 - 490 Georg Camehl, Mathias Huebener, E-mail [email protected] Juliane Stahl, Mila Staneva ­and Vaishali Zambre Head Prof. Dr. C. Katharina Spieß Scholarship recipient Maximilian Bach Team assistant Patricia Axt Last updated: February 2016

Research project coordinator Anja Bahr Jan Marcus on the G8 education- al reform shortening length of Research associates German schooling in DIW Berlin’s Jun.-Prof. Dr. Jan Marcus, Dr. Frauke Peter, Prof. Pia S. Schober, Ph.D., and Dr. Johanna Nachgeforscht series Storck

www.diw.de/nachgeforscht_ schulzeitverkuerzung

2 Publications Other selected publications:

Mathias Huebener: Jan Marcus and Thomas Siedler: The Role of Paternal Risk Attitudes Reducing Binge Drinking? The Effect of a Ban in ­Long-Run Education Outcomes and on Late-Night Off-Premise Alcohol Sales on ­Intergenerational Mobility Alcohol-Related Hospital Stays in Germany Economics of Education Review 47 Journal of Public Economics 123 (2015): 64–79 (2015): ­55–77

People often make decisions about their education at junctures in their lives when Pia S. Schober and C. Katharina Spieß: they are still very uncertain about their own individual interests and abilities. This Local Day-Care Quality and Maternal Employ- is particularly true of early educational decisions such that parents often guide and ment: Evidence from East and West Germany advise their children in their decision making. But parents also face uncertainty about Journal of Marriage and the Family 77, their ­offspring’s potential and prospects of success. This study examines the extent to no. 3 (2015): 712–729 which parental risk attitudes are associated with the educational level of their children and intergenerational mobility of education levels and incomes. The study analyses Carsten Schröder, C. Katharina Spieß, father and son pairs based on data from the Socio-Economic Panel (SOEP) study. and ­Johanna Storck: It shows that sons with risk-taking fathers tend to have higher educational achieve- Private Spending on Children’s Education: ments, on average. The link between the educational level of fathers and sons with the Low-Income Families Pay Relatively More lifetime earnings of both generations varies systematically with paternal risk attitudes. DIW Economic Bulletin, no. 8 (2015): 113–123 The correlation is weaker for sons with risk-taking fathers and they, therefore, exhibit higher educational and income mobility. The findings demonstrate that non-cog- Georg F. Camehl, Juliane F. Stahl, nitive skills of parents can have a lasting impact on their children’s education Pia S. Schober, and C. Katharina Spieß: outcomes and earnings. Does Better, Cheaper Day Care Make for More Satisfied Parents? DIW Economic Bulletin, no. 45/46 (2015): 604–611

DIW Berlin | Annual Report 2015 51 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Events / Conference Papers

Early childhood education is only worthwhile if high-quality child day care facilities Frühe Bildung lohnt sich – zum are available. This was the topic of the presentation by C. Katharina Spieß at the ­volkswirtschaftlichen Nutzen guter ­Bund-Länder Conference (joint national-federal state conference) on the benefits of ­Kindertagesbetreuung (Early childhood early childhood education. Over the past few years, Germany has invested in a major education is worthwhile – on the economic ­expansion of day care provision – particularly for under three-year-olds. Now the focus benefits of high-quality child day care) should be on improving the quality of these facilities. Only with such ­improvements Speaker: C. Katharina Spieß (DIW Berlin) can the potentially high returns of investment in early childhood education and care Bund-Länder Conference come to fruition. This notion is substantiated by the findings of numerous studies »Frühe ­Bildung lohnt sich« both in Germany and abroad. However, investment in high-quality ­educational pro- November 5, 2015, Berlin, Germany grams is not only essential from an education economics ­perspective but also impor- tant from a labor and family economics point of view: there is empirical evidence that high-quality day care can increase employment and productivity among mothers.

Other selected events / conference papers:

Adverse Effects of Increased Education Preference for College and Educational Efficiency? The Impact of Shortening High Inequality: Do Students Lack Information? School Tenure on Grade Repetitions Evidence from a Randomized Controlled Trial Speaker: Mathias Huebener (DIW Berlin) Speaker: Vaishali Zambre (DIW Berlin) Co-author: Jan Marcus (DIW Berlin) Co-author: Frauke Peter (DIW Berlin) Allied Social Science Associations Annual Fourth SOLE/EALE World Conference Meeting (ASSA 2015) June 26–28, 2015, Montreal, Canada January 3–5, 2015, Boston, US

All-Day Schooling in Germany: Consequences for Mothers and Children Speaker: Jan Marcus (DIW Berlin) Co-authors: Ludovica Gambaro (UCL London) and Frauke Peter (DIW Berlin) University of Chicago, Center for the Economics of Human Development September 30, 2015, Chicago, US

Expansion of Full-Day Child Care and Subjective Wellbeing of Parents: Interdependencies with Culture and Resources Speaker: Pia S. Schober (DIW Berlin) Co-author: Juliane Stahl (DIW Berlin) 110 th American Sociological Association Annual Meeting August 22–25, 2015, Chicago, US

52 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Projects

The G8 school reform recently implemented in Germany reduced the total number Auswirkungen der G8-Schulreform of years of schooling up to the university entrance qualification (Abitur) from 13 to ­(Effects of G8 school reform) 12 years. It has been more controversial than almost any other education reform in Funded by: College for Interdisciplinary recent ­decades. Despite the political relevance of the topic, research examining the Education Research (CIDER) consequences of the reform across several federal states has been scarce. The De­ Coordinator: Jan Marcus (DIW Berlin) partment of Education and Family therefore conducted a number of research projects April 2014–March 2016 devoted to the effects of the G8 school reform: Do more students end up repeating a grade? Has the average school leaving grade changed? Are there more or fewer young people studying for their university entrance exam or Abitur? Are there any differ- ences in the number of students enrolling at university and their choice of degree subject? What about students’ skills? Are there differences between boys and girls?

Other selected projects:

Fachkräfte in der frühen Bildung – Netzwerk für Interdisziplinäre Erwerbssituation, Einstellungen und Bildungsforschung Berlin (BIEN) Änderungswünsche (Early education (Berlin Interdisciplinary Education professionals – employment situations, Research Network) 2 attitudes and desire for change) Coordinators: Johanna Storck (DIW Berlin) Funded by: Hans-Böckler-Stiftung and C. Katharina Spieß (DIW Berlin) Coordinators: Johanna Storck (DIW Berlin) In collaboration with: BIEN network – and C. Katharina Spieß (DIW Berlin) German Institute for International January 2015–August 2015 Education Research (DIPF) Berlin Office, Deutsche Schulakademie, Freie Universität Qualität frühkindlicher Bildung und Berlin, Hertie School of Governance, Betreuung im Sozio-oekonomischen Humboldt-Universität zu Berlin, Institute Panel (SOEP) (Quality of early childhood for Educational Quality Improvement education and care in the SOEP) (IQB), German Centre for Research and Funded by: Jacobs Foundation Science Studies (DZHW, former ifQ), Berlin- Coordinators: Pia S. Schober (DIW Berlin) Brandenburg Institute for School Quality and C. Katharina Spieß (DIW Berlin) Improvement (ISQ), Max Planck Institute In collaboration with: Yvonne Anders (FU for Human Development (MPIB), Leibniz Berlin) and David Richter (SOEP/DIW Berlin) Institute for Economic Research (RWI) September 2013–April 2017 Berlin Office, Technische Universität Berlin, University of Potsdam, and Berlin Social Berliner-Studienberechtigten-Panel ­ Science Center (WZB) (BEST-UP) – Erklärungsfaktoren für den October 2013–December 2016 geringen Anteil bildungsferner Gruppen an Berliner Hochschulen (Project on access to tertiary education) Funded by: Einstein Foundation Berlin Coordinators: Frauke Peter (DIW Berlin) and C. Katharina Spieß (DIW Berlin) In collaboration with: Berlin Social Science Center (WZB) October 2012–September 2016

DIW Berlin | Annual Report 2015 53 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Socio-Economic ­Panel (SOEP)

The longitudinal study Socio-Economic Panel (SOEP) is a research-driven­ infrastructure unit funded by the Federal Ministry of Ecucation and Re- search (BMBF) and the German Länder. The SOEP is one of the largest and longest-running panel surveys of individuals and private households worldwide. Numerous studies drawing on SOEP data analyze the mech- anisms that form the basis of social resource distribution. Psychological questions are playing an increasingly important role in this research. Other topics covered include both income and wealth as well as access to education and employment. Researchers using the SOEP data are interested in the chances of social advancement in the population as a whole and within socio-demographic sub-groups. Further, they explore the consequences of job loss and family events such as birth or death. As such, their work studies life in Germany over the entire lifespan. Every year, SOEP data are used by around 500 researchers worldwide.

East-west differences in the importance of politics

In West Germany In East Germany »I am very /extremely interested in politics« Agreement 50 in percent 40

30

20

10

0 1990 1995 2000 2005 2010

»I have identified with a particular party for a long time« Agreement 60 in percent 50

40

30

20

10

0 1995 2000 2005 2010 Source: SOEPv31, DIW Economic Bulletin, no. 37 (2015)

54 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Research Infrastructure Data Operation and Research Data Centre ­Socio-Economic Panel (SOEP) Michaela Engelmann, Klaudia Erhardt, Dr. Phone +49 30 897 89 - 671 Alexandra Fedorets, Dr. Markus M. Grabka, E-mail [email protected] Marcel Hebing, Dr. Peter Krause, Janine Napieraj, Dr. Paul Schmelzer, Dr. Christian Director Schmitt, Jun.-Prof. Dr. Daniel D. Schnitzlein, Prof. Dr. Jürgen Schupp Ingo Sieber, and Knut Wenzig Deputy Heads Applied Panel Analyses & Knowledge Transfer­ Dr. Jan Goebel (Data Operation and Research­ Dr. Charlotte Bartels, Jun.-Prof. Dr. Marco Data Centre), Prof. Dr. Martin Kroh (Survey Giesselmann, Dr. Anita Kottwitz, Christine Methodology and Survey ­Management), and Kurka, and Dr. Nicolas Legewie Prof. Dr. Carsten Schröder (Applied Panel ­Analyses and Knowledge Transfer) Doctoral Students /Scholarship Recipients Martin Kroh on political culture in Sandra Bohmann, Sarah Dahmann, Philipp Team assistants eastern and western Germany in Eisnecker, Christian Krekel, Simon Kühne, Sybille Patricia Axt, Christiane Nitsche (on leave), Luhmann, Maria Metzing, Katharina Poschmann, DIW Berlin’s Nachgeforscht series and Michaela von Schwarzenstein Julia Sander, Cortnie Anne Shupe, Nina Vogel, Project and research project coordinators Christian Westermeier, and Tim Winke Anja Bahr and Dr. Sandra Gerstorf Trainees www.diw.de/nachgeforscht_ SOEP Science Press Officer Selin Kara, Marvin Petrenz, politischekultur Monika Wimmer and ­Stefan ­Zimmermann Documentation Left in 2015 Janina Britzke and Uta Rahmann Dr. Elisabeth Bügelmayer, Peter Eibich, Lukas Hoppe, Maximilian Priem, Dr. Anika Rasner, Other selected publications: Survey methodology and survey management and Jun.-Prof. Dr. Ingrid Tucci 2 Dr. Simone Bartsch, Deborah Anne Bowen, Jan Goebel, Markus M. Grabka, and Carsten Florian Griese, Elisabeth Liebau, Dr. David Left in 2016 Schröder: Income Inequality Remains High Richter, Diana Schacht, and Rainer Siegers Adrian Hille and Dr. Denise Saßenroth in Germany – Young Singles and Career Last updated: February 2016 Entrants Increasingly At Risk of Poverty DIW Economic Bulletin, no. 25 (2015): ­325–339 Publications Jan Goebel, Christian Krekel, Tim Tiefenbach, and Nicolas R. Ziebarth: How Natural Claudia Diehl and Elisabeth Liebau: ­Disasters Can Affect Environmental Turning Back to Turkey – Or Turning the Back on Germany? Concerns, Risk Aversion, and Even Politics: ­Remigration Intentions and Behavior of Turkish Immigrants in ­Evidence from Fukushima and Three Germany between 1984 and 2011 ­European Countries Zeitschrift für Soziologie 44, no. 1 (2015): 22–41 Journal of Population Economics 28, no. 4 (2015): 1137–1180 This contribution analyzes whether remigration intentions and actual remigration to their homeland on the part of Turkish migrants to Germany have evolved over time, Adrian Hille and Jürgen Schupp: and if so, why. To do so, event-history analysis is applied to data from the German How ­Learning a Musical Instrument ­Socio-Economic Panel (SOEP). Findings reveal an increase in remigration intentions ­Affects the Development of Skills as well as rates of return for first generation migrants after the turn of the millenni- Economics of Education Review 44 um. Before that, both such intentions and rates of actual return had declined, mostly ­(February 2015): 56–82 as a consequence of integration in Germany. Those migrants who plan to return have a stronger emotional attachment to Turkey than those who plan to stay. However, the Simon Kühne, Thorsten Schneider, and David two groups differ neither with respect to their educational levels nor in terms of their Richter: Big Changes before Big Birth- perceptions of discrimination. There are similar findings with respect to the small days? Panel Data Provide no Evidence of though slightly increasing group of immigrants who actually returned to Turkey. ­End-Of-Decade Crises It is thus argued that rising remigration intentions and actual remigration among Proceedings of the National Academy first-generation migrants are unrelated to their integration into German society and of Sciences of the United States of America are probably triggered by social change in their country of origin. (PNAS) 112, no. 11 (2015): E1170

DIW Berlin | Annual Report 2015 55 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Events / Conference Papers

As part of the preparations for a major representative survey of refugees, on October 26, ExpertInnenworkshop zum Studiendesign 2015, the SOEP hosted a workshop at DIW Berlin where the organizers presented their für eine empirische Untersuchung der current plans for the project as a basis for discussion among a wide range of experts ­Lebenssituation und Arbeitsmarktintegra­ from the research community and from civil society. The Institute for Employment tion von Flüchtlingen in Deutschland Research (IAB), the SOEP, and the Migration, Integration and Asylum Research Centre (Expert workshop on the study design for at the Federal Office for Migration and Refugees (BAMF-FZ) signed a cooperation an empirical study on the living situation ­agreement in 2015 agreeing to conduct a survey of individuals in Germany seeking and labor market integration of refugees refuge from political persecution and violent conflict. The IAB-BAMF-SOEP Refugee in Germany) Sample will survey 2,000 adult refugees for the first time in 2016. We plan to publish Organizers: SOEP, Institute for ­Employment the first report on the study at the end of 2016, and the anonymized data will be made Research (IAB), and the Migration, available to the entire research community in 2017. As well as presenting the general ob- ­Integration and Asylum Research Centre jectives of the project, we also used the workshop as an opportunity to outline our plans at the Federal Office for Migration and for sampling and questionnaire development. Particularly important subjects of dis- ­Refugees (BAMF-FZ) cussion here were the practical challenges of fieldwork organization and theinterview ­ October 26, 2015, Berlin, Germany situation as well as the ethical issues of surveying people who, in many cases, had made long journeys to escape troubled regions before arriving in Germany.

Other selected events / conference papers:

Beyond Methodological Dualism: EVA-MIN Summer School »Effects and Combining Qualitative and Evaluation of Minimum Wages« Quantitative Data 4th Potsdam Ph.D. Workshop in Empirical Organizer: Ingrid Tucci (DIW Berlin) Economics February 9–10, 2015, , Co-organizers: Carsten Schröder (DIW Berlin) Bielefeld, Germany and Jürgen Schupp (DIW Berlin) September 21–24, 2015, Potsdam, Germany Progress in Societies: Socio-Economic and Subjective Aspects of Well-Being Speaker: Jürgen Schupp (DIW Berlin) International Convention of Psychological Science (ICPS 2015) March 12–14, 2015, Amsterdam, The Netherlands

6th Conference of the European Survey Research Association (ESRA) Presentation of six papers on survey methodology, coordination of two sessions, staffing of a conference stand by eight members of SOEP staff July 13–17, 2015, Reykjavik, Iceland

56 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > PUBLIC FINANCES AND LIVING CONDITIONS

Projects

To date, very little empirical research has been conducted to ascertain whether Ausmaß und Trends sozialräumlicher there has been an increase in socio-spatial segregation in Germany over the last two ­Segregation in Deutschland ­decades. This is primarily due to the fact that the available data from the official (Socio-spatial segregation in Germany: statistics have, so far, not enabled us to describe segregation tendencies across the whole magnitude and trends) country below the municipal level. With SOEP data, however, since 2000, it has been Commissioned by: Federal Ministry possible to pinpoint the geographical location of the information with a high level of of ­Labour and Social Affairs (BMAS) accuracy while still remaining in compliance with all data protection laws. This ena- Coordinator: Jan Goebel (DIW Berlin) bles us to incorporate the neighborhoods of SOEP households surveyed into the study, January–June 2015 making it possible to conduct socio-spatial sensitive analyses. The project addresses the problem of inadequate data availability by developing an external segregation­ index to describe the homogeneity in a neighborhood on the basis of ­comprehensive microm data. SOEP information is then classified using this index. Using this newly created dataset enables us to statistically control for whether the possible influence of a neighborhood is stronger and/or qualitatively different in areas where segregation is particularly pronounced.

Other selected projects: 2

Evaluation des Mindestlohns in SOEP-Record-Linkage: Deutschland (EVA-MIN) Befragung von Zuwanderern der (Evaluating the introduction of the Sozialversicherungsstatistik im minimum wage in Germany) Längsschnitt (SOEP-REC-LINK) (Survey Funded by: Leibniz Association and administrative data on migrants) Coordinators: Jürgen Schupp (DIW Berlin) Funded by: Leibniz Association and Carsten Schröder (DIW Berlin) Coordinator: Martin Kroh (DIW Berlin) Cooperating partners: Stefan Bender (IAB) Cooperating partner: Stefan Bender (IAB) and Marco Caliendo (University of Potsdam) June 2013–October 2016 January 2015–December 2017

Kooperative längsschnittliche Weiterverfolgung der PIAAC-Studie in Deutschland (PIAAC-L) (Cooperative project for the new longitudinal study Programme for International Assessment of Adult Competencies (PIACC-L) in Germany) Funded by: Federal Ministry of Education and Research (BMBF) Coordinator: Jürgen Schupp (DIW Berlin) Cooperating partners: GESIS – Leibniz Institute for the Social Sciences and National Educational Panel Study (NEPS) at the Leibniz Institute for Educational Trajectories (LIfBi) July 2013–December 2017

DIW Berlin | Annual Report 2015 57 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Department of the ­Executive Board

The role of the Executive Board is to shape the strategic and organizational direction of DIW Berlin and create the ideal ­conditions to enable the Institute to fulfil its core tasks: research, policy advice, promotion of young researchers, and infrastructure­ provision. With this in mind, both scientific Executive Board ­Members carry out their own research work. The board is ­supported by a team of staff that, alongside the assistants to the Executive Board Members, also includes a group of advisors. These team members work in close collaboration with the Exec- utive Board and the heads of the various research and service ­departments to coordinate strategic projects within the Institute. In addition, a number of important cross-cutting areas fall under the auspices of the Department of the Executive Board: the ­Research Directors Gender Studies and Entrepreneurship oversee and conduct research on current issues and provide impetus for further research work on these subjects throughout the Institute.

Share of companies, that have already fulfilled the gender quota in supervisory boards (Year end 2015)

27.5 19.0 46.7 24.0 22.4 34.5 49.1 % % % % % % %

200 Companies With binding Top 200 DAX-30 MDAX ­ SDAX TecDAX with government-­ gender quota ­companies ­companies companies companies ­companies owned shares

The statutory 30-percent gender quota (known as the women’s quota) for listed companies whose supervisory board is subject to parity co-determination affects around 100 companies. Just under 28 percent of these companies have already fulfilled the quota.

Source: DIW Women Executive Barometer 2016

58 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Department of the Executive Board Research Associate Gender Studies Phone +49 30 897 89 - 311 Dr. Norma Schmitt E-mail [email protected] President’s Office President Eva Tamim Prof. Marcel Fratzscher, Ph.D. Managing Director’s Office Executive Board Member (SOEP) Anja Garbe Prof. Dr. Gert G. Wagner Prof. Wagner’s Office Managing Director Angelika Dierkes Dr. Cornelius Richter, LL.M. Academic Editor Karl Brenke on 25 years of Advisors to the Executive Board Adam Mark Lederer ­monetary union in DIW Berlin’s Thomas Hollacher and Dr. Beatrice Pagel Left in 2015 Nachgeforscht series Research Director Gender Studies Dr. Per Brodersen PD Dr. Elke Holst Last updated: February 2016 Research Director Entrepreneurship www.diw.de/nachgeforscht_ Prof. Dr. Alexander S. Kritikos waehrungsunion Scientific Advisors Karl Brenke and Christian Franz 2 Publications Other selected publications:

Elke Holst and Anja Kirsch: Johanna Drewelies, Peter Eibich, Ilja Demuth, Women Executive Barometer Sandra Duezel, Denis Gerstorf, Paolo Ghisletta, DIW Economic Bulletin, no. 3 (2016): 11–38 Gizem Hülür, Ulman Lindenberger, Elisabeth Steinhagen-Thiessen, and Gert G. Wagner: The 2016 Women Executive Barometer shows that Germany’s largest companies have Secular Changes in Late-Life Cognition and still not achieved gender parity on their top decision-making bodies. At the end of Well-Being: Towards a Long Bright Future 2015, the proportion of women on the executive boards of the 200 largest companies with a Short Brisk Ending? stood at six percent – an increase of less than one percentage point over the previous Psychology and Aging 30, year. On the supervisory boards, just under 20 percent of board seats were held by no. 2 (2015): ­301–310 ­women; here, too, growth has slowed. The situation is slightly more optimistic among the DAX 30 companies: here, the share of women on executive boards was just under Kristin Forbes, Marcel Fratzscher, ten percent­ (an increase of a good two percentage points) and the corresponding ­and ­Roland Straub: ­proportion for supervisory boards in this group was almost 27 percent (also an increase Capital-Flow Management Measures: of over two percentage points). Of the companies that, as of 2016, are obliged to adhere What Are They Good for? to the 30-percent gender quota for new directors on their supervisory boards, close to Journal of International Economics 96 28 percent already fulfill the requirement. It seems unlikely that other companies will (2015): 76–97 voluntarily follow these trailblazers en masse in the foreseeable future. Alexander Kritikos: Greece at Crossroads: Innovate or Not to Innovate? in eds. J. Gadner and G. Reitschuler, Design- ing the Future: Economic, Societal and Political Dimensions of Innovation (Vienna: Echomedia Buchverl., 2015), 223–243

DIW Berlin | Annual Report 2015 59 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Events / Conference Papers

In November 2015, in cooperation with the economics journal Wirtschaftsdienst, Einkommens- und Vermögensungleichheit DIW Berlin organized a conference entitled »Income and Wealth Inequality in a in einem wohlhabenden Staat (Income and ­Prosperous Country.« With around 200 guests in attendance, experts from the wealth inequality in a prosperous country) ­research community, politics, and public-sector organizations discussed recent Joint Conference by DIW Berlin and ­developments on the subject of inequality. Keynote addresses were made by DIW Wirtschaftsdienst President Marcel Fratzscher and Jens Spahn, Parliamentary State Secretary at the November 18, 2015, Berlin, Germany Federal Ministry of Finance.

Other selected events / conference papers:

Greece at Crossroads: To Innovate or Making Sense of the Productivity Not to Innovate? Slowdown: A Conference at the Peterson Speaker: Alexander Kritikos (DIW Berlin) Institute for International Economics Conference of the Foundation for Economic Panel: Comparative National Perspectives and Industrial Research (IOBE) »The on the Slowdown Prospects for the Greek Economy and the Speaker: Marcel Fratzscher (DIW Berlin) Eurozone« Other participants: Kyoji Fukao (Hitotsubashi April 29, 2015, Athens, Greece University), Sebnem Kalemli-Ozcan (University of Maryland), Chang-Tai Hsieh Why Do Women Favor In-group (University of Chicago), and Sir David Competition? Evidence from an Ramsden (HM Treasury) Incentivized Choice Experiment November 16, 2015, Washington, D.C., US Speaker: Norma Schmitt (DIW Berlin) Co-authors: Miriam Beblo, Denis Beninger, Interdisciplinary Research in the Berlin and Melanie Schröder (all University Aging Study II: Medical, Psychological, of Hamburg) Social, and Urban-Geographical Gender Equality in Challenging Times: Determinants of Successful Aging Processes 24th IAFFE Annual Conference Speaker: Gert G. Wagner (DIW Berlin) July 16–18, 2015, Berlin, Germany Co-author: Christian Krekel (DIW Berlin) Aging as a Lifelong Process: 68th Annual Meeting of the Gerontological Society of America November 18–22, 2015, Orlando, US

60 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Projects

The aim of this research project is to establish which groups of people would like to Arbeitszeitdiskrepanzen im Lebensverlauf: change their working hours, at what stage in their lives, and under which employ- Frauen und Männer zwischen Haushalts­ ment conditions. The objective is to provide empirically-based evidence that can kontext und betrieblicher Arbeitszeitpolitik be used for future working time policies. The project analyzes the extent to which (Working time discrepancies over the family and ­employment factors affect people’s preferences regarding working hours, life course: women and men between either enabling them to or preventing them from fulfilling their wishes, resulting household context and company working in ­discrepancies between the preferred and actual working time and ­consequently time policy) ­impacting the individual’s satisfaction with their work-life balance. As well as Funded by: Hans-Böckler-Stiftung ­examining personal preferences, the study also takes into consideration company Coordinator: Elke Holst (DIW Berlin) personnel policies since these often represent the main barrier to employees realizing In collaboration with: Wenzel Matiaske their working time preferences. The methodological basis for the project comprises (Helmut Schmidt University, Hamburg, large ­quantitative datasets such as the Socio-Economic Panel (SOEP). In addition, case INES Berlin) studies at company level and expert discussions with cross-company working time July 2015–June 2018 consultants and representatives of associations are also incorporated into the analysis.

Other selected projects: 2

Public Finance Dialogue Commissioned by: Federal Ministry of Finance (BMF) Coordinator: Marcel Fratzscher (DIW Berlin) In collaboration with: Hertie School of Governance October 2013–December 2015

Sichern und Versichern im gesamtwirtschaftlichen Gleichgewicht (Economic aspects of protection and insurance) Commissioned by: Präventionsstiftung der Kantonalen Gebäudeversicherungen, Switzerland Coordinator: Gert G. Wagner (DIW Berlin) In collaboration with: European University Viadrina, Ernst Basler + Partner, and Lustenberger Attorneys at Law March 2014–June 2016

DIW Berlin | Annual Report 2015 61 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

DIW Graduate Center

The DIW Graduate Center (GC) is DIW Berlin’s ­academic ­training center for junior researchers. It offers a four-year ­structured Ph.D. program in Economics to outstanding ­doctoral students. In close cooperation with Berlin’s universities, the Graduate Center provides these students with academic training through a ­demanding program of lectures. Students work with DIW Berlin’s research departments, acquire international experiences during high-level internships and research stays and practice economics policy advice.

Employment of GC alumni Total 48

29 % 27 % 25 % 10 % 6 % 2 %

Governmental Business Other research Universities DIW Berlin Others organizations ­community centers

62 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Graduate Center Ph.D. Program Integration into Research Departments The Graduate Center’s Ph.D. program By integrating them into the Institute’s is a four-year structured program of research departments,­ the doctoral stu- doctoral studies in Economics. It con- dents are prepared for a career both in sists of a one-year study phase with high academia and in ­research-based policy ­international standards and a three-year advice. ­Students also gather practical ex- research phase. In 2015, in addition to perience through internships in interna- courses offered by the Berlin universities, tional ­organizations and during research the first year of the program alsoincluded ­ stays at universities worldwide. In 2015, four modules run by the Graduate members of the Graduate Center visited Center: the Math Boot Camp (preliminary the following institutions: International course in mathematics),­ Econometric Monetary Fund (IMF), European Central Graduation Ceremony ­Methods, Economic­ Policy, and Structural Bank (ECB), Organisation for Economic 2015 ­Econometrics in Labor and Industrial Co-operation and Development (OECD), ­Organization. In the research phase, the European Bank for Reconstruction doctoral students write their dissertations and Development (EBRD), Deutsche based in the Institute’s research depart- Bank, University of Arizona, Boston www.diw.de/gc_ ments, which distinguishes the Graduate ­University, and Tilburg University in the graduationceremony Center from similar structured programs. Netherlands.­

Doctoral Students at the GC Graduates Graduate Center ­Graduate Center In 2015, seven doctoral students at DIW Phone +49 30 897 89 - 246 At the end of 2015, 73 doctoral students Berlin successfully defended their disser- E-mail [email protected] were in the Ph.D. program. There were tations. This increases the total number also 19 Ph.D. students working in other of GC alumni to 48. The average length Dean disciplines at DIW Berlin. Of the 73 of time students spend on the program Prof. Dr. Helmut Lütkepohl 2 members of the Graduate Center, 59 from joining the Graduate Center to re- were already in the research phase (sec- ceiving their doctorates is 4.7 years. As in Vice-Dean ond to fourth year) and playing an active ­previous years, the doctoral students in Prof. Dr. Gert G. Wagner role in the research departments. Moreo- 2015 were offered numerous forms of ver, in 2014, the GC continued to pursue support to ease their entry into the labor Team Assistant its strategy of internationalization – al- market, such as professional job applica- Juliane Metzner most half of the 14 junior researchers tion and interview training. The diverse were from abroad. Attracting a higher range of initial employment opportuni- Program Coordinator number of successful international appli- ties of GC graduates shows that they are Yun Cao (on leave) cations remains one of our key objectives benefiting from the support provided by for the next selection­ round. the GC as well as from the ­experience Applications Officer and knowledge gathered ­during their Daniela Centemero Masterclasses and Seminars time in the Graduate Center, as known The GC regularly holds one to two- in the figure on the opposite page. Research Assistants day Masterclasses on specific areas of Niels Aka, Dr. Daniel Kemptner, DIW Berlin’s research taught by invited ­Hedwig Plamper, Annika Schnücker, lecturers that are experts in the relevant and ­Anton ­Velinov, Ph.D. fields. These events are open to interested parties both from within the Institute and Doctoral Students GC2015 outside. Alongside the Masterclasses, the Patrick Burauel, Daniel Graeber, Martin GC also offers junior researchers a varied Ignacio Harding, Sven Hartjenstein, Melanie program of seminars, lecture series, and Koch, Catalina Martinez Hernandez, Melissa workshops. It also enables the doctoral Newham, Julia Rechlitz, Maximilian Schäfer, students to participate in international Renke Schmacker, Sophia Schmitz, Kevin conferences. Tran, Marica Valente, and Aline Zucco

DIW Berlin | Annual Report 2015 63 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Communications Department

The Communications Department is Service Departments responsible for all areas of press and PR work, online communication, and events. In 2015, the most frequent queries The research work conducted by DIW Berlin would not be coming into the press office from the ­possible without its service facilities. As research ­infrastructure media called for DIW Berlin’s expertise the library team provides researchers with information and on subjects such as the economic impact ­literature, the information technology team installs and of refugees in Germany, ­municipal investment, the energy transition (EEG ­maintains the network infrastructure as well as software and levy, coal-fired power plants), the Greek hardware. The Management Services Department takes care of crisis and possible Grexit, income and the finances, projects, and procurement. The Legal and ­Human wealth distribution, the minimum Resources Department is responsible for legal issues and wage, and the Volkswagen scandal. In a total of 88 guest commentaries, DIW ­personnel matters. The Communications Department publicizes researchers published their economic the Institute’s research findings. policy recommendations­ via regional and national media including the Süddeutsche Zeitung, Frankfurter Allgemeine Zeitung, Die Welt, Handelsblatt, Bild, Financial Times, and the Neue Zürcher Zeitung; center stage with their assessments and Press 29 of these contributions were by DIW analysis of daily political developments Sylvie Ahrens-Urbanek, Renate ­Bogdanovic, ­President Marcel Fratzscher. and decisions. Sabine Fiedler (Press Officer), and Sebastian Kollmann The online communication team is The Berlin Lunchtime Meeting (a series ­responsible for DIW Berlin’s online pres- of expert talks hosted jointly by DIW and Public relations /online communication ence and all social media channels, pro- the Centre of Economic Policy Research Marie Marten, Dennis Meiser-von Schmädel, ducing both of the Institute’s video ­series: (CEPR)) was held four times over the and Lana Sommer (on leave) Nachgeforscht and ­Spotlight. In 2015, the course of 2015 and attracted ­distinguished Institute’s website ­recorded 2,778,433 speakers such as Gerd Billen, State Events visits from around 200 countries and ­Secretary to the Federal Minster for Ralf Messer and Christiane Zschech regions. Using its social networking pres- Justice and Consumer Protection and ence, particularly on Facebook, Twitter, ­Christoph M. Schmidt, Chair of the Translation Youtube, LinkedIn, and Xing, DIW Berlin ­German Council of Economic Experts. Miranda Siegel reaches more than 8,000 people. Here, Other highlights of 2015 were DIW a recently-established English-language Berlin’s 90th anniversary celebrations with Technical editing Twitter channel has enabled the Institute the attendance of Wolfgang Schäuble, Alfred Gutzler, Ellen Müller-Gödtel, to communicate even more effectively, Federal Minister of Finance, a lecture ­and ­Manfred Schmidt particularly with the global research on »Secular Stagnation in the Global community. Popular topics addressed on Economy« by Lawrence H. Summers, the Event service these networks in 2015 were: the energy former US Secretary of the Treasury, and Uwe Mischke and Roswitha Schröter transition, wealth distribution, gender a conference organized jointly by DIW research, and inheritance tax. The DIW Berlin and the Wirtschaftsdienst journal PR Trainee Media Centre, established in 2014, now on income and wealth inequality in a Ilka Müller comprises over 400 video blogs and video prosperous state. recordings of events, ready-to-broadcast Events Trainee audio interviews, as well as extensive Communications Department Katharina Gericke and Verena Niemann photo galleries. In the Nachgeforscht video Phone +49 30 897 89 - 181 blog series the Institute’s experts report E-mail [email protected], ­ Coordination of Central Address on studies that have been published in [email protected], [email protected] ­Management (ZAM) the DIW Wochenbericht in German and/or Claudia Sommer DIW Economic Bulletin in English. In the Head Spotlight series, DIW’s researchers take Dr. Kurt Geppert Last updated: February 2016

64 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Management Services Legal and Human Resources Department­

The Management Services Department The Legal and Human Resources Head combines­ finances with management ­Department is responsible for all strategic Dr. Cornelius Richter, LL.M. ­control and resource planning. The and operational matters concerning finances team is responsible for financial the personnel of DIW Berlin. In this Legal team planning and budgeting, the monthly capacity, it offers a point of contact Bianca Toltz and annual financial statements, and all for all ­employees and managers. bookkeeping work. In 2015, 7,083 trans- ­Specifically, its regular operational work Human Resources actions were recorded, with the bills and includes ­managing recruitment and Andrea Apel, Nadin Gahrns, Maja Haque, receipts from these filling approximately applications,­ employment contracts, Andrea Jonat, Martina Koch, Sabine Schwarz, 62 file binders. Further, 966 applications ­salary ­classification, and the payroll, as and Mandy Thormann for business trips were processed and well as periods of absence such as vaca- the expenses reimbursed. The manage- tion, illness, and maternity or parental Office Management ment control and resource planning leave. The department also serves the Gert Dreiberg, Marco Hobuß (Head), Werner team provides services such as budget Executive Board, the research depart- Jahnke, Mara Kordic, and Kevin Schmitz ­planning, management reporting, and risk ments and service facilities, and the ­management. In addition, the department employees as a point of contact for all Trainees is responsible for managing third-party legal matters. The department focusses Andrea Bawamia and Jana Caspari funding and procurement. With regard to on the following three strategic areas: the former, a total of 122 externally­ funded promoting and improving systematic Last updated: February 2016 projects with a combined value of around and ­structured ­personnel development 6.3 million euros were processed and based on the Institute’s framework monitored, and their accounts settled in concept for ­personnel development first 2015. The Management­ Services Department agreed upon in 2013, promoting the thus provides important services for the equality of ­opportunity and the advance- 2 Executive Board and employees of DIW ment of women in cooperation with Berlin. It also develops and implements the Equal Opportunities Officer, and innovative tools to support the Institute’s­ helping employees reconcile work and research work and strategic planning.­ In family life within the framework of the 2015, the department managed­ a total audit berufundfamilie (work and family budget of 27.9 million euros. audit). In 2015, the Institute concluded its first company agreement on occupa- Management Services Department tional integration management (BEM) Phone +49 30 897 89 - 278 and ­appointed a BEM Officer. The E-mail [email protected] ­objective of BEM is to restore, maintain, and ­foster employees’ fitness for work. Head Also in 2015, discussions commenced Jeanette Dubrall regarding a new company agreement on further training and professional Deputy Head ­development. Rounding off the ­profile Meike Janssen of the Legal and Human Resources ­Department are its ­office management Finance services which include printing, ­building Jeanette Dubrall, Jana Dziakowski, Ellen management, the mail room, and Gloyna, Cornelia Gottschalk, Katrin ­Mattern, ­reception desk. Katrin Rohne, and Sara Windgassen (on leave)

Management control and resource planning Meike Janssen and Norbert Schröder

Procurement ­Bianca Toltz

Last updated: February 2016

DIW Berlin | Annual Report 2015 65 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Research Infrastructure Department

The role of the Research Infrastructure Research Infrastructure Department Selected publications: Department is to support DIW Berlin’s Phone +49 30 897 89 - 245 research activities by providing the E-mail [email protected], Klaus Pforr, Michael Blohm, Annelies G. Blom, ­infrastructure and services required [email protected] (IT) Barbara Erdel, Barbara Felderer, ­Mathis for this. This includes the provision Fräßdorf, Kristin Hajek, Susanne Helmschrott, of ­efficient communications and Head Corinna Kleinert, Achim Koch, Ulrich Krieger, ­information technology and current Mathis Fräßdorf, Ph.D. Martin Kroh, Silke Martin, Denise Saßenroth, ­literature to meet the needs of the Claudia Schmiedeberg, Eva-Maria Trüdinger, ­Institute’s researchers. One milestone of Library and Documentation and Beatrice Rammstedt: 2015 was the adoption of DIW Berlin’s Katja Buro, Ute Figgel-Dietrich (Head), Are Incentive Effects on Response Rates Open Access Policy. This document Anja Kehmeier, Anke Krüger, and and Nonresponse Bias in Large-Scale, Face- officially bears testimony to DIW ­Katharina Zschuppe to-Face Surveys Generalizable in ­Germany: ­Berlin’s commitment to the principle of Evidence from Ten Experiments Open Access and creates the necessary­ Infrastructure The Public Opinion Quarterly 79, ­financial and structural framework to René Eglin, Christof Georgi, Wolfdietrich no. 3 (2015): 740–768 ­support Open Access at the Institute. Herter, and Bernd Pauer Thus, for example, for every article that Benedikt Fecher, Sascha Friesike, ­appears in an external publication, the Applications ­and ­Marcel ­Hebing: ­extent to which the public can access Thomas Pilger and Holger Piper What Drives Academic Data Sharing? the article via Open Access is assessed. PLOS One 10, no. 2 (2015): e0118053 Furthermore, DIW Berlin plans to Service Desk digitalize all its research works published Bernd Bibra, Peter Born, Anne Pompe (on Benedikt Fecher, Sascha Friesike, Marcel before the digital age enabling us to leave), Jacqueline Sawallisch, and Daniel ­Hebing, Stephanie Linek, and Armin maintain these articles and make them Skierlo ­Sauermann: ­accessible to the public. The research A Reputation Economy: Results from work ­conducted by the department, Research Data an Empirical Survey on Academic Data primarily comprising externally funded Benedikt Fecher (Doctoral Student) Sharing projects, focusses on developing and and ­Rainer Siegers German Data Forum (RatSWD) Working ­exploring ­infrastructure services to the Paper Series 246 (2015) benefit of the ­scientific ­community Trainees in general and specifically the social Susanne Labitzke Benedikt Fecher and Gert G. Wagner: sciences and economics. As part of the Flipping Journals to Open: Rethinking DFG EDaWaX II project, which runs Left in 2015 Publishing Infrastructure until 2016, the department is working Kathrin Amberg DIW Discussion Paper 1533 (2015) with the German National Library of Economics (ZBW) and the Max Planck Last updated: February 2016 Institute for Innovation and Competi- tion (MCIER) to create a repository, or document server, for data from journal publications. The objective of the Leibniz project ­SowiDataNet, ­conducted in ­collaboration with the Leibniz Institute for the Social ­Sciences ­(GESIS), the Berlin Social Science Center (WZB), and the ZBW, is to ­develop a repository for the low-­threshold ­archiving of research data by 2017.

66 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Funding Structure government institutes in Germany and other European countries (14 percent). Other research institutes and the wider The German Institute for Economic Research (DIW Berlin) is an German research community make up a further seven percent of the budget. independent, publicly funded non-profit research institute that is Project funding from foundations, committed to serving the common good. ­companies, and other organizations make up around four percent of DIW Berlin’s budget, while around three percent of the total budget is generated through DIW Berlin is one of the constituent regular evidence of its research work membership fees, donations, and other members of the Leibniz Association and in the areas of science, ­project-based operational revenue. is funded by both the federal and state of research, and policy advice. The Senate Berlin governments in the framework of of the Leibniz Association carries out In its Constitution, DIW Berlin undertakes the joint research funding obligations as regular evaluations based on the opinions to publish all its research findings and poli- set down in Article 91b of the German Ba- of independent appraisers. cy advice irrespective of who ­commissioned sic law (Grundgesetz). This funding makes the work or project. This generally takes the up more than two-thirds of DIW Berlin’s Around one-quarter of DIW Berlin’s form of publicly accessible project reports institutional budget. Like all Leibniz Insti- revenue comes from project funding and or in-house publications. tutes, DIW Berlin is required to ­provide contract research work, primarily from

Structure of DIW’s budget 2 72 % Federal and state government research funding

25 % Project funding and contract research 3 % Membership fees, donations, and other operational revenue

DIW Berlin | Annual Report 2015 67 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Our Publications

In order to provide political debate with an informed basis, DIW Berlin makes its researchers’ analyses and forecasts publicly available in a variety of publications. These are not only used by politicians and economists, but also by the media and members of the public. All publications can be downloaded online and almost all are free of charge.

DIW Wochenbericht

The Wochenbericht is DIW Berlin’s Editors ­flagship publication. Since 1928, Prof. Dr. Pio Baake ­researchers have used it to present their Prof. Dr. Tomaso Duso latest findings, analyze and comment Dr. Ferdinand Fichtner on current developments, and make Prof. Marcel Fratzscher, Ph.D. economic and policy recommendations. Prof. Dr. Peter Haan DIW Wochenbericht sparks debates, Prof. Dr. Claudia Kemfert ­provides informed answers to economic Dr. Kati Krähnert policy issues, and takes an ­independent Prof. Karsten Neuhoff, Ph.D. look at economic development in Prof. Dr. Jürgen Schupp ­Germany and the rest of the world. Its Prof. Dr. C. Katharina Spieß thematic range covers all the areas of Prof. Dr. Gert G. Wagner ­research at the Institute. DIW Wochen- bericht is not just about analyzing Executive editors the facts of a matter, but also drawing Dr. Kurt Geppert conclusions from the scientific evidence. Sabine Fiedler In this it contributes to policy advice. It is also expressly ­intended as a forum Editorial staff in which authors can put forward their Sylvie Ahrens-Urbanek personal assessments. In addition to the Renate Bogdanovic research articles, DIW Wochenbericht Dr. Franziska Bremus includes interviews and commentaries. Sebastian Kollmann Dr. Peter Krause Marie Kristin Marten Ilka Müller Dr. Wolf-Peter Schill

Technical editor Manfred Schmidt

Last updated: February 2016

68 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

DIW Economic Bulletin Vierteljahrshefte zur Wirtschaftsforschung DIW Roundup

DIW Economic Bulletin contains English The Vierteljahrshefte zur Wirtschafts­ In DIW Roundup, the Institute’s translations of selected articles and inter- forschung are published since 1926 and ­researchers outline current opinion in views from DIW Wochenbericht. Since therefore have the longest ­tradition their respective specialist areas and put the beginning of 2015, DIW Economic out of DIW Berlin’s publications. They recent research findings into context. Bulletin appeares weekly. It can be down- mainly address current ­economic The aim of DIW Roundup is to furnish loaded free of charge from DIW Berlin’s policy topics and controversial ongoing economic and socio-political website. ­research ­matters. They are intended discussions with significant information as ­contributions to scientific debate and thus to stimulate and help shape Editors and provide a forum for DIW staff and them. The publication appears online Prof. Dr. Pio Baake external contributors to address specific and contains links to online sources, Prof. Dr. Tomaso Duso aspects of a major current issue. The thus offering readers the opportunity to Dr. Ferdinand Fichtner Vierteljahrshefte are a guide to complex obtain more detailed information on the Prof. Marcel Fratzscher, Ph.D. economic policy issues and also high- topics addressed. 2 Prof. Dr. Peter Haan light new perspectives and proposed Prof. Dr. Claudia Kemfert solutions. Dr. Kati Krähnert Prof. Karsten Neuhoff, Ph.D. Editors-in-chief Prof. Dr. Jürgen Schupp Prof. Marcel Fratzscher, Ph.D. Prof. Dr. C. Katharina Spieß Prof. Dr. Dorothea Schäfer (executive editor) Prof. Dr. Gert G. Wagner Prof. Dr. Gert G. Wagner

Executive editors Editors Dr. Kurt Geppert Prof. Dr. Pio Baake Sabine Fiedler Prof. Dr. Tomaso Duso Dr. Ferdinand Fichtner Editorial staff Prof. Dr. Peter Haan Sylvie Ahrens-Urbanek Prof. Dr. Claudia Kemfert Renate Bogdanovic Dr. Kati Krähnert Dr. Franziska Bremus Prof. Karsten Neuhoff, Ph.D. Sebastian Kollmann Prof. Dr. Jürgen Schupp Dr. Peter Krause Prof. Dr. C. Katharina Spieß Marie Kristin Marten Ilka Müller Technical editors Dr. Wolf-Peter Schill Alfred Gutzler Ellen Müller-Gödtel Technical editor Manfred Schmidt Last updated: February 2016

Last updated: February 2016

DIW Berlin | Annual Report 2015 69 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

DIW Berlin: Politikberatung kompakt Discussion Papers SOEPpapers on Multidisciplinary ­Panel Data Research

Policy advice is one of DIW Berlin’s key Researchers and experts at DIW Berlin The SOEPpapers present research mandates. The Institute compiles reports primarily publish their research findings ­findings before or shortly after their on behalf of governments, the European in specialist journals. In some cases, ­publication in reputable specialist Commission, national and federal state this process can take several years. For journals. They are compiled on the ministries, political parties, associations, this reason, in 1989, DIW Berlin began basis of data from the Socio-Economic and labor unions. The resulting research publishing discussion papers in which Panel (SOEP). Under the aegis of DIW reports can be found in DIW Berlin’s the results of research are published in Berlin, this longitudinal study provides series Politikberatung kompakt insofar advance. This allows new research find- an openaccess platform – unique in as they are not published externally. This ings – including those by DIW Fellows – ­Germany – for studies in all disciplines series also includes descriptive ­empirical to be included in the current debate at an of the social and economic sciences. studies such as market analyses and early stage. economic structure reports. Editors-in-chief Dr. Jan Goebel Prof. Dr. Martin Kroh Prof. Dr. Carsten Schröder Prof. Dr. Jürgen Schupp

Editors Prof. Conchita D’Ambrosio, Ph.D. Prof. Dr. Denis Gerstorf PD Dr. Elke Holst Prof. Dr. Frauke Kreuter Prof. Dr. Frieder R. Lang Prof. Dr. Jörg-Peter Schräpler Prof. Dr. Thomas Siedler Prof. Dr. C. Katharina Spieß Prof. Dr. Gert G. Wagner

Last updated: February 2016

Please finde an overview on all in-house publications of the DIW researchers in 2015 under:

www.diw.de/­ publikationsverzeichnisse

70 DIW Berlin | Annual Report 2015 RESEARCH, PROFESSIONAL DEVELOPMENT, AND SERVICES > OTHER

Marktdefinitionen und Marktanalysen DIW Econ GmbH ­türkischer Telekommunikationsmärkte (Market definitions and market analyses of Turkish telecommunications markets) DIW Econ GmbH is the consulting company of DIW Berlin. It provides Commissioned by: BTK /ICTA – Information economic consulting services on regional, national, and international­ and Communication Technologies Authority levels. DIW Econ advises clients from many different branches of Coordinator: Ferdinand Pavel (DIW Econ) June 2015–March 2016 industry and specialist disciplines on topical matters in science, the economy, and politics. Current research and consulting activities focus Telecommunications markets are often on competition and regulation, the information and communications subject to ex ante regulation owing to their sector, the energy sector, innovation, and entrepreneurship.­ Other core market and cost structures, as well as the role they play as drivers for economic devel- fields include transportation and regional economic issues, as well as opment. Having said that, this sector is also the modeling of climate-friendly growth strategies. DIW Econ has a very dynamic, meaning periodic checks into strong scientific basis and is committed to forging close links between the need for regulation are required. In the research and the practical application of economic knowledge, both European Union, this is done on the basis of what are known as three criteria tests. Tur- in commerce and in economic policy. key, as an EU accession candidate, is follow- ing the example of its European neighbors. On behalf of the Turkish regulatory author- Selected projects in 2015: ity Information and Communication Tech­ nologies Authority (BTK/ICTA), DIW Econ Wie belastbar sind die Wirtschaftlichkeits­ Grundsatzfragen des Sozialstaats und conducted analyses for a total of six markets analysen zur festen Fehmarnbeltquerung? Zukunft der Arbeit (Safeguarding the in the areas of mobile communications, 2 (How reliable are the economic analyses ­welfare state and the future of labor) landline telephone services, and broadband. of the Fehmarn Belt Fixed Link?) Scientific Expertise These analyses examined the questions of An evaluation of the financing model Commissioned by: Federal Ministry of Labour whether ex ante regulation is required and and cost benefit analysis and Social Affairs (BMAS) whether significant market power exists. Commissioned by: Scandlines ApS Coordinator: Anselm Mattes (DIW Econ) DIW Econ also did the groundwork for a Coordinator: Ferdinand Pavel (DIW Econ) April 2015–October 2016 Turkish broadband strategy. September 2014–March 2015 DIW Econ GmbH DIW Econ was commissioned by the Phone +49 30 20 60 972 - 0 The Fehmarn Belt is a strait of water Federal Ministry of Labour and Social E-mail [email protected] between Denmark and Germany that Affairs (BMAS) to coordinate a framework currently has a ferry link. Denmark is now contract to deliver scientific expertise Managing Director planning to build a tunnel – the Fehmarn with regard to the safeguarding of the Dr. Lars Handrich Belt Fixed Link – which will cut travel time welfare state and the future of labor. DIW Executive Assistants across the strait significantly, but which Econ cooperates­ with staff at DIW Berlin Julia Dörschner and Antje Fröhlich-Röder would cost several billion euros to build. and other partners to produce scientific Recent studies paint a perfect picture, ­expertise, input papers, documentation, Managers claiming the tunnel makes sense from both and overviews of the latest scientific Dr. Petra Opitz and Dr. Ferdinand Pavel an operational and economic perspective. literature, as well as hold relevant work- Senior Consultant DIW Econ was commissioned by the ferry shops. This efficient knowledge transfer Dr. Anselm Mattes link operator Scandlines ApS to evaluate is instrumental in political decision-­ existing studies, create a theoretical model of making processes in the ministry. Given Consultants the competition between the existing ferry the broad spectrum of the subject matter Dr. Rafael Aigner, Dr. Marco Artavia, Nadiya link and the prospective tunnel, and conduct covered, not only economic knowledge but Mankovska, Ph.D., and Dr. Thure Traber a cost-benefit analysis. The prospective also legal,­ sociological and politological Junior Consultant route was also re-evaluated and the traffic ­expertise is needed. The main points of Michael Arnold predictions updated. The findings show that interest include digitalization in the work- the economic viability of the fixed link is place, the role of solo entrepreneurs in the Analysts by no means guaranteed. On the contrary, labor market, and analyses on the refugee Annegret Hoch, Franziska Neumann, Maren the tunnel is very likely to wind up being a situation. Schumacher, and Katharina Weber government-sponsored subsidy project. Last updated: February 2016

DIW Berlin | Annual Report 2015 71 3KAPITEL LOREM IPSUM

72 DIW Berlin | Annual Report 2015 ORGANIZATION

Organization 3

Members’ Assembly 74 Board of Trustees 75 Institutional Advisory Bodies 76 Society of Friends of DIW Berlin 77 Research Directors 78 Works Council and Officers 79

DIW Berlin | Annual Report 2015 73 ORGANIZATION

Members’ Assembly

The Members’ Assembly is DIW Berlin’s highest decision-making body. The members support DIW Berlin’s aims through their activities, both internally and externally. The Federal Government of Germany and the State of Berlin are permanent association members. They support the Institute’s activities pursuant to Article 91b of the Basic Law and under the provisions in the Agreement on the Establishment­ of a Joint Science Conference (Gemeinsame Wissenschaftskonferenz, GWK). Within this framework, DIW Berlin receives funding from the Federal State of Berlin and the Federal Government.

Federal Republic of Germany Federal State of Berlin Federal State of North ­Rhine-Westphalia Federal Ministry for Senate Department for Economic ­Economic ­Affairs and Energy (BMWi) ­Affairs, Technology and Research represented by the Ministry for ­Economics, SMEs and Energy Federal Ministry of Senate Department for Education, ­Education and ­Research (BMBF) Youth and Science

Federal Ministry of Finance (BMF) Senate Department for Finance Further members

Federal Ministry of Senate Department for Labour, Deutsche Bundesbank Food and ­Agriculture (BMEL) ­Integration and Women’s Affairs Deutsche Post AG Federal Ministry of ­Labour and ­Social ­Affairs (BMAS) Deutsche Telekom AG Free and Hanseatic City of Hamburg Federal Ministry of Social Democratic Party of Germany, ­Transport and ­Digital Infrastructure represented by the Ministry of Economy, Party Executive, Berlin (BMVI) Transport and Innovation Society of Friends of DIW Berlin (VdF)

The Confederation of German Free State of Bavaria Trade Unions (DGB), National ­Executive Board, Berlin represented by the Bavarian Ministry of Economic Affairs and Media, Energy Last updated: February 2016 and Technology

Federal State of Brandenburg

represented by the Ministry for ­Economic Affairs and Energy

74 DIW Berlin | Annual Report 2015 ORGANIZATION

Board of Trustees

DIW Berlin’s Board of Trustees is comprised of renowned figures working in the fields of research, economics, politics, and public administration. The Board of Trustees’ functions are to advise and supervise the Executive Board. Its tasks include appointing and dismissing Executive Board members and appointing the heads of the research departments, the members of the Scientific Advisory Board and the SOEP Survey Committee.

Chairman Members Stefan Körzell German Trade Union Confederation Prof. Dr. Axel A. Weber Prof. Dr. Peter-André Alt Member of the National Executive Board UBS Group AG Freie Universität Berlin Chairman of the Board of Directors President Steffen Krach Senate Department for Education, Edelgard Bulmahn, MdB Youth and Science German Bundestag Permanent Secretary Vice-President Stefan Müller Klaus Feiler Federal Ministry of Education 3 Senate Department for Finance, Berlin and ­Research Permanent Secretary Permanent Secretary

Prof. Dr. Veronika Grimm Prof. Dr. Jan-Hendrik Olbertz Friedrich-Alexander-Universität Humboldt-Universität zu Berlin ­Erlangen-Nürnberg President Chairwoman of the Scientific Advisory Board of DIW Berlin Dr. Hans Reckers Senate Department for Economics, Helmut Herres Technology and Research Federal Ministry of Finance Permanent Secretary Head of Directorate IA: General Issues of Fiscal Policy Prof. Dr. Christian Thomsen Technische Universität Berlin Dr. Markus Kerber President Federation of German Industries Director General Jeromin Zettelmeyer, Ph.D. Federal Ministry for Economic Christian Kloevekorn ­Affairs and Energy Society of Friends of DIW Berlin Head of Department Chairman of the Executive Board Last updated: February 2016

DIW Berlin | Annual Report 2015 75 ORGANIZATION

Scientific Advisory Board

Chairwoman Institutional Prof. Dr. Veronika Grimm Friedrich-Alexander-Universität ­Erlangen-Nürnberg ­Advisory Bodies Faculty of Business, Economics and Law The Scientific Advisory Board is comprised of twelve ­internationally Members Prof. Dr. Agnès Bénassy-Quéré recognized active scholars who advise the ­Institute. The Board Université Paris 1 also assesses the Institute’s research and reports to the Board Panthéon-Sorbonne of Trustees on the work conducted. The Scientific ­Advisory École d’Économie Board also participates in appointments or in selection Maison des Sciences Économiques ­procedures ­similar to appointments. The SOEP Survey Committee Prof. Dr. Lars P. Feld ­provides advice to the Socio-Economic Panel (SOEP) research University of Freiburg ­infrastructure’s executive management and advises on the SOEP Walter Eucken Institut e.V. survey and SOEP services. The Committee comprises up to nine Michael Grubb, Ph.D. scholars appointed by DIW Berlin’s Board of Trustees. University College London Institute for Sustainable Resources

Prof. Guillermina Jasso, Ph.D. New York University Department of Sociology Prof. Dr. Rainer Winkelmann Prof. Melissa A. Hardy, Ph.D. University of Zurich Pennsylvania State University Prof. Dr. Jan Pieter Krahnen Department of Economics, Statistics Department of Sociology and Goethe University Frankfurt and Empirical Economic Research Demography SAFE Prof. Dr. Christine Zulehner Prof. Jutta Heckhausen, Ph.D. Prof. Dr. Wieland Müller Goethe University Frankfurt University of California University of Vienna SAFE Department of Psychology and Faculty of Business, Economics ­Social ­Behavior and ­Statistics Prof. Dr. Bärbel-Maria Kurth Prof. Regina T. Riphahn, Ph.D. SOEP Survey Committee Robert Koch Institute, Berlin Friedrich-Alexander-Universität Department for Epidemiology and ­Erlangen-Nürnberg Chairman Health Reporting Faculty of Law and Economics, Statistics Prof. Dr. Rainer Winkelmann and Empirical Economic Research University of Zurich Prof. Lucinda Platt, DPhil Department of Economics, Statistics London School of Economics and Prof. Dr. Kerstin Schneider and Empirical Economic Research Political Science University of Wuppertal Department of Social Policy and Schumpeter School of Business and Members Sociology Economics Prof. Dalton Conley, Ph.D. New York University Prof. Susann Rohwedder, Ph.D. Prof. Dr. Gunter Stephan Department of Sociology RAND Corporation University of Bern Associate Director Department of Economics Prof. Dr. Simon Gächter University of Nottingham Prof. Dr. Uwe Sunde School of Economics LMU Munich Chair of Population Economics

Last updated: February 2016

76 DIW Berlin | Annual Report 2015 ORGANIZATION

··DER Touristik GmbH, Frankfurt / Main Society of Friends of ··Deutsche Industriebank AG, Düsseldorf ··Deutsche Postbank AG, Bonn ··Duncker & Humblot GmbH, Berlin DIW Berlin (VdF) ··Feldhoff & Cie. GmbH, Frankfurt / Main ··Gegenbauer Holding SE & Co. KG, The Society of Friends of DIW Berlin (VdF) has provided DIW Birkenwerder ··German Industry Association for Berlin with support since 1951. The Society’s objectives include coin-operated Amusement and Vending developing partnerships with national and international enter- Machines, Berlin prises and strengthening cooperation between researchers and ··German Insurance Association, Berlin entrepreneurs. Members of the Society represent companies from ··German Pulp and Paper Association, Bonn all branches of industry and the service sector as well as the ··German Savings Banks Association, main business associations. It also has a growing number of in- Berlin dividual members. Society members regularly communicate with ··German Steel Federation, Düsseldorf DIW Berlin employees, providing ample opportunity to maintain ··Gesamtverband der deutschen ­Aluminiumindustrie e.V., Düsseldorf informal networks. Members of the Society of Friends of DIW ··HA Hessen Agentur GmbH, Wiesbaden Berlin also attend the Berlin Lunchtime Meetings and the DIW ··Hessisches Statistisches Landesamt, Berlin’s Industrial Conference (Industrietagung), for example. Wiesbaden ··KfW Bankgruppe, Frankfurt / Main ··KSB AG, Frankenthal ··Landesbank Berlin AG ··Landesbank Hessen-Thüringen, ­Frankfurt/Main Executive Board Institutional members ··Landesvereinigung der Unternehmens- verbände Nordrhein-Westfalen e.V., Chairman ··ABB AG, Mannheim Düsseldorf Christian Kloevekorn ··Allianz Deutschland AG, Munich ··L-Bank, Karlsruhe 3 Gegenbauer Holding SE & Co. KG ··Association of German Banks, Berlin ··Next Vision GmbH, Hessisch Oldendorf ··BDI The Voice of German Industry, ··Robert Bosch GmbH, Stuttgart Further members Berlin ··Thyssen Krupp AG, Essen Paul Jörg Feldhoff ··Berliner Bank NL der Deutsche Bank ··TNS Infratest Sozialforschung GmbH, Feldhoff & Cie. GmbH Privat- und Geschäftskunden AG, Berlin Munich ··Berliner Volksbank, Berlin ··UniCredit Bank AG, Munich Dr. Axel Nawrath ··Berliner Wirtschaftsgespräche e.V., Berlin ··Verband Berlin-Brandenburgischer ··Bundesverband Baustoffe – Steine Wohnungsunternehmen e.V., Berlin Dr. Oliver Perschau und Erden e.V., Berlin ··Verband der Chemischen Industrie, Confederation of German Employers’ ··Bundesverband der Deutschen Frankfurt / Main Associations Gießerei-Industrie, Düsseldorf ··Vereinigung der Unternehmens­ ··Bundesverband deutscher verbände in Berlin und Brandenburg Dr. Cornelius Richter ­Wohnungs- und Immobilien­ e.V., Berlin DIW Berlin unternehmen e.V., Berlin ··Volkswagen AG, Wolfsburg ··Chamber of Commerce and Industry Stefanie Salata of Berlin Last updated: February 2016 Berliner Bank NL der Deutsche Bank ··Investitionsbank Berlin Privat- und Geschäftskunden AG ··Commerzbank AG, Frankfurt / Main ··Confederation of German Employers’ Dr. Michael Wolgast Associations, Berlin German Savings Banks Association ··DekaBank Deutsche Girozentrale, ­Frankfurt/Main

DIW Berlin | Annual Report 2015 77 ORGANIZATION

Research Directors

There are currently eight research directors at DIW Berlin whose work is primarily interdisciplinary. In close cooperation with one of the research departments, they each develop a basis for ­empirical economic and social policy advice. In close ­cooperation with the research departments they identify new areas of ­focus and ­methodologies. They also contribute to the continuing ­professional development and supervision of researchers.

Prof. Dr. Christian Dreger PD Dr. Elke Holst Prof. Dr. Dorothea Schäfer DIW Berlin DIW Berlin DIW Berlin Area of research: Area of research: Area of research: International ­Economics Gender Studies Financial Markets

Prof. Dr. Denis Gerstorf Prof. Dr. Beate R. Jochimsen Prof. Georg Weizsäcker, Ph.D. Humboldt-Universität zu Berlin Berlin School of Economics and Law Humboldt-Universität zu Berlin Area of research: Area of research: Area of research: Psychology of the Life Span Analysis of Federalism Behavioral Economics

Prof. Dr. Christian von Hirschhausen Prof. Dr. Alexander S. Kritikos Last updated: February 2016 Technische Universität Berlin DIW Berlin Area of research: Area of research: International Infrastructure Policy Entrepreneurship and Industrial Economics

78 DIW Berlin | Annual Report 2015 ORGANIZATION

Works Council Chairman

Works Council Bernd Bibra and ­Officers Ombudsmen DIW Berlin has various points of contact that represent the Dr. Johannes Geyer ­interests of the staff, advising them and offering support Jun.-Prof. Dr. Jan Marcus in the form of mediation. These include the Works Council, the ­Ombudsmen, the Data Protection Officer, and the Equal ­Opportunities Officer of DIW Berlin. Data Protection Officer

Alexander Eickelpasch

Equal Opportunities Officer The Works Council at DIW Berlin is ­Protection Directive, the German comprised of five women and four Telemedia Act, and the German Law on Prof. Dr. Anne Neumann men. They act as a point of contact for ­Telecommunications. The ­incumbent DIW employees regarding all social and also makes sure that DIW Berlin personnel matters. As a body of elected employees and others entrusted with employee representatives, the Works personal data are familiar with data Last updated: February 2016 Council represents the interests of the protection requirements. Due to the workforce in dealings with DIW Berlin’s importance of DIW Berlin’s research Executive Board with which it has a close ­infrastructure, the Data Protection cooperative relationship based on trust. Officer has a particularly prominent position. 3 The two DIW Berlin employees ­occupying the position of Ombudsman DIW Berlin strives to foster equal advise members of staff who wish to opportunities and fair social interaction report academic misconduct or have and embody these principles in its daily questions on this topic in general. The work. In line with the International Ombudsman also acts as an arbitrator ­Gender Equality Convention, DIW in disputes or disagreements related to Berlin’s Equal Opportunities Officer good academic practice. The Ombuds- develops ideas to help meet the equal man also provides information about opportunities goals in collaboration DIW Berlin’s principles of research with DIW Berlin staff, discussing ­ethics, particularly to young researchers. and ­deliberating new measures and ­regulations and ­paving the way for this. The Data Protection Officer ­ensures The Equal ­Opportunities Officer also compliance with the German Data deals with cases of discrimination and Protection Act and other data ­protection acts as a mediator in conflict situations legislation, such as the EU Data if necessary.

DIW Berlin | Annual Report 2015 79 KAPITEL LOREM IPSUM

480 DIW Berlin | Annual Report 2015 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS

Policy advice, ­higher education, and collaborations 4

Acitivties in the research community 82 Policy advice 85 Prizes, awards, and accolades 86 DIW Fellows 87 Project partnerships 88 Institutional partnerships 90 DIW staff research visits to other institutions 90 Visiting researchers at DIW Berlin 91 Lectures, seminars, and courses 92 Accepted university appointments 95 Completed doctorates 95

DIW Berlin | Annual Report 2015 81 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > ACTIVITIES IN THE RESEARCH COMMUNITY

Reviewers Dr. Johannes Geyer ››BMC Health Services Research Activities in the Prof. Dr. Pio Baake ››Health Economics ››Journal of Economics ­research community ››Journal of Economics and Management Science Jun.-Prof. Dr. Marco Giesselmann ››Journal of European Social Policy Dr. Stefan Bach ››Kölner Zeitschrift für Soziologie und Sozial­ ››Review of Income and Wealth psychologie Editorships Dr. Guido Baldi Prof. Dr. Peter Haan Dr. Heike Belitz ››European Journal of Political Research ››Empirical Economics ››Vierteljahrshefte zur Wirtschaftsforschung ››Swiss Journal of Economics and Statistics ››Journal of Public Economics

Mathias Bug Dr. Heike Belitz Kornelia Hagen ››Vierteljahrshefte zur Wirtschaftsforschung ››Science and Public Policy ››Journal of Consumer Policy ››Schmollers Jahrbuch Alexander Eickelpasch Prof. Dr. Kerstin Bernoth ››Vierteljahrshefte zur Wirtschaftsforschung ››Journal of International Money and Finance Dr. Luke Haywood ››Kredit und Kapital ››Applied Economics Prof. Marcel Fratzscher, Ph.D. ››Case Studies in ­Transport Policy ››Journal of International Economics Dr. Astrid Cullmann ››Energy Journal PD Dr. Elke Holst Prof. Dr. Claudia Kemfert ››European Journal of Political Economy ››Industrielle Beziehungen ››Applied Economics Quarterly ››IZA World of Labor ››Energy Efficiency Dr. Jochen Diekmann ››GAIA ››Energy & Environment Dr. Franziska Holz ››Latin American Economic Review ››Energy Policy ››Energy Economics ››GAIA ››The Energy Journal Dr. Kati Krähnert ››Journal of Economic Surveys ››Energy Policy ››Africa Spectrum ››Journal of European Environmental Policy ››International Journal for Global Energy Issues ››Vierteljahrshefte zur Wirtschaftsforschung ››Journal of Population Economics ››Schmollers Jahrbuch Prof. Dr. Claudia Kemfert Prof. Dr. Alexander Kritikos ››Science ››Climate Policy ››IZA World of Labor, Editor ››Ecological Economics ››Journal of Economic Psychology, Associate Editor Prof. Dr. Tomaso Duso ››Energy Economics ››Small Business Economics, Associate Editor ››American Economic Journal: Economic Policy ››Energy Journal ››International Journal of Industrial Organization ››Energy Policy Prof. Dr. Martin Kroh ››International Journal of the Economics ››Environment and Development Economics ››Vierteljahrshefte zur Wirtschaftsforschung of ­Business ››Environmental and Resource Economics ››Survey Research Methods, Associate Editor ››Journal of Industrial Economics ››Journal of Management Studies Dr. habil. Konstantin Kholodilin Dr. Heike Link ››Public Choice ››Housing Studies ››Zeitschrift für ­Verkehrswissenschaft, ››Small Business Economics ››Journal of Applied Econometrics Editorial board ››The RAND Journal of Economics ››Portuguese Economic Journal ››World Development ››Scandinavian Journal of Economics Prof. Dr. Helmut Lütkepohl ››Vierteljahrshefte zur Wirtschaftsforschung ››CESifo Economic Studies Alexander Eickelpasch ››Communications for Statistical Applications ››DRUID Conference 2015 Dr. Philipp König and Methods ››Journal of Institutional and Theoretical Economics ››Econometrics and Statistics Benedikt Fecher ››Empirical Economics ››PLOS ONE Dr. Kati Krähnert ››Africa Spectrum Prof. Dr. Lukas Menkhoff Mathis Fräßdorf, Ph.D. ››Schmollers Jahrbuch ››Journal of Economic Behavior and Organization ››Journal of the Royal Society Interface ››Public Opinion Quarterly Prof. Dr. Alexander Kritikos Prof. Karsten Neuhoff, Ph.D. ››The Sociological Quarterly ››Journal of Economic Behavior and Organization ››Economics of Energy & Environmental Policy ››Journal of Economic Psychology Prof. Marcel Fratzscher, Ph.D. ››Small Business Economics Prof. Juan Rosellón, Ph.D. ››American Economic Review ››Economics of Energy & Environmental Policy, ››Journal of Finance Prof. Dr. Martin Kroh Editorial Board ››Journal of International Economics ››American Journal of Political Science ››Latin American Economic Review, Editor in Chief ››Journal of International Money and Finance ››British Journal of Political Science ››Review of Economics and Statistics ››European Sociological Review Prof. Dr. Dorothea Schäfer ››Review of Financial Studies ››Public Opinion Quarterly ››Vierteljahrshefte zur Wirtschaftsforschung ››Survey Research Methods Jun.-Prof. Ronny Freier, Ph.D. Prof. Dr. Carsten Schröder ››American Journal of Political Science Dr. Friedrich Kunz ››Journal of Income Distribution, Managing Editor ››European Economic Review ››Annals of Operations Research ››European Journal of Political Economy ››Economics of Energy & Environmental Policy Prof. Dr. Gert G. Wagner ››FinanzArchiv (Public Finance Analysis) ››Energy Economics ››Longitudinal and Life Course Studies: ››International Tax and Public Finance ››Energy Policy ­International Journal, Editorial Board ››Journal of the European Economic Association ››International Journal of Electrical Power and ››Schmollers Jahrbuch – Journal of Applied Social Energy Systems Science Studies, Managing Editor ››The Energy Journal ››Utilities Policy

82 DIW Berlin | Annual Report 2015 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > ACTIVITIES IN THE RESEARCH COMMUNITY

Dr. Heike Link Dr. Wolf-Peter Schill Prof. Dr. C. Katharina Spieß ››Transportation Research A, Transport Policy ››Applied Energy ››Eastern Economic Journal ››Economics of Energy & Environmental Policy ››Economics Letters Holger Lüthen ››Energy Economics ››Education Economics ››Jahrbücher für Nationalökonomie und Statistik ››Energy Policy ››Jahrbücher für Nationalökonomie ››Journal of the Royal Statistical Society: Series A ››Renewable and Sustainable Energy Reviews ››Zeitschrift für Erziehungswissenschaften ››The Energy Journal Prof. Dr. Helmut Lütkepohl Dr. Tobias Stöhr ››Journal of Time Series Analysis Dr. Paul Schmelzer ››Agricultural Economics ››European Sociological Review ››China Economic Review Jun.-Prof. Dr. Jan Marcus ››IZA World of Labor ››American Journal of Health Economics Tobias Schmidt ››Journal of Health Economics ››Empirical Economics ››Journal of Economic Behavior and Organization ››Journal of Population Economics ››German Economic Review ››Management Science ››Review of World Economics ››Journal of Marriage and Family ››The B.E. Journal of Economic Analysis & Policy ››Journal of Pension Economics and Finance Dr. Christian Schmitt ››Journal of the European Economic Association ››Advances in Life-Course Research Dr. Johanna Storck ››Scandinavian Journal of Economics ››Demography ››Education Economics ››Social Science and Medicine ››European Sociological Review ››Journal of Marriage and Family Isabel Teichmann Prof. Dr. Lukas Menkhoff ››Schmollers Jahrbuch ››Environmental Earth Sciences ››Agricultural Economics ››Zeitschrift für Familienforschung ››Emerging Markets, Finance and Trade Dr. Hannes Ullrich ››International Journal of Forecasting Jun.-Prof. Dr. Daniel Schnitzlein ››International Journal of Industrial Organization ››Journal of Banking and Finance ››BMC Public Health ››Scandinavian Journal of Economics ››Journal of Finance ››Education Economics ››Journal of International Economics ››Latin American Economic Review Anton Velinov, Ph.D. ››Journal of International Money and Finance ››Journal of Empirical Finance ››Management Science Prof. Pia S. Schober, Ph.D. ››Macroeconomic Dynamics ››Review of Finance ››American Journal of Sociology ››American Sociological Review Dr. Katharina Wrohlich Helene Naegele ››Child Indicators Research ››Education Economics ››Economic Journal ››European Sociological Review ››Journal of Population Economics ››Gender & Society Prof. Karsten Neuhoff, Ph.D. ››International Journal of Comparative Sociology Dr. Aleksandar Zaklan ››Climate Policy ››Journal of Family Issues ››Economics of Energy & Environmental Policy ››Energy Economics ››Journal of Happiness Studies ››Energy Economics ››Energy Policy ››Journal of Marriage and Family ››Energy Journal ››Environmental and Resource Economics ››Longitudinal and Life Course Studies ››Energy Policy ››Journal for Environmental Economics ››Sociology of Education and ­Management ››Journal of Family Research Alexander Zerrahn ››The Energy Journal ›› The Energy Journal ››The RAND Journal of Economics Prof. Dr. Carsten Schröder ››Empirical Economics Dr. Frauke Peter ››German Economic Review ››Oxford Economic Papers ››Journal of Economic Inequality Memberships ››Journal of Income Distribution Dr. Sebastian Petrick ››Perspektiven der Wirtschaftspolitik Dr. Heike Belitz ››Economics of Energy & Environmental Policy ››Resource and Energy Economics ››Juror, 18th call for proposals at the University 4 ››Energy Economics ››Review of Income and Wealth of Applied Sciences in Vienna

David Pothier, Ph.D. Prof. Dr. Jürgen Schupp Dr. Astrid Cullmann ››Journal of the European Economic Association ››Schmollers Jahrbuch ››Thesis Evaluation Committee (Xiaomei Cheng) ››WSI Mitteilungen Dr. David Richter Dr. Jochen Diekmann ››Child Indicators Research Sebastian Schwenen, Ph.D. ››Renewable Energy working group at the ››Emotion ››Economics of Energy & Environmental Policy ­Association of Municipal Enterprises (VKU) ››Frontiers in Psychology: Emotion Science ››Energy Statistics Methodology working group ››International Journal of Psychology Stefan Seifert at the Federal Ministry for Economic Affairs ››Journal of Happiness Studies ››European Journal of Operational Research and Energy (BMWi) ››Energy Balances working group Dr. Johannes Rieckmann Prof. Jo Seldeslachts, Ph.D. ››Bulletin of Economic Research ››BE Journal of Economic Analysis and Policy Prof. Dr. Tomaso Duso ››Economica ››Member of the Competition Law Working Prof. Juan Rosellón, Ph.D. ››Economics Group of the Bundeskartellamt ››Economics of Energy & Environmental Policy ››Information Economics and Policy ››Committee for Industrial Economics at the ››El Trimestre Económico ››International Journal of Health and Management ››Consumer Research Network ››Energy Economics ››International Journal of Industrial Organization ››Speaker for the Berlin Centre for ››Energy Journal ››Journal of Economics and Management Strategies ­Consumer Policies (BCCP) ››Gestión y Política Pública ››Review of Economics and Statistics ››Expert for the OECD, manual on Ex-post ››Review of Industrial Organisation ­Evaluation Prof. Dr. Dorothea Schäfer ››Expert for the OECD, ex-post evaluation ››German Economic Review ­workshops ››Journal of Small Business & Entrepreneurship ››Vierteljahrshefte zur Wirtschaftsforschung

DIW Berlin | Annual Report 2015 83 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > ACTIVITIES IN THE RESEARCH COMMUNITY

Alexander Eickelpasch ››FUTURE THINK TANK (Frankfurter Zukunftsrat) Prof. Karsten Neuhoff, Ph.D. ››Member of the Scientific Advisory Board on ››Board of Trustees of the Technology ››International Association of Energy Economics ­Interdisiplinary Skill Development: groups of ­Foundation Berlin ››Member, Board of Climate Strategies young researchers with an interest in human-­ ››Board of Trustees of the German Climate ­Foundation technology interaction for demographic change ››Board of Trustees for the German Study Prize Dr. Sebastian Petrick ››Scientific Advisory Board »SozioTex« at the ››Board of Trustees of the Innovation Centre ››European Association of Environmental and Institute for Textile Technology at RWTH Energy (IZE) Resource Economists Aachen ­University ››Board of Trustees of the »100 percent ››Association of Environmental and Resource ­renewable« foundation Economists Dr. Hella Engerer ››Advisory Board of the Körber Foundation ››German Association for East European Studies ››Advisory Board of CLEAN TECH WORLD Dr. Cornelius Richter, LL.M. ››Advisory Board of the German Environment ››Spokesperson, Legal Issues and Personnel Prof. Marcel Fratzscher, Ph.D. Foundation ­working group at the Leibniz Association ››Panel Member of Economic Policy, 2014–2015 ››Board of Trustees of the German National ››Senate working group on standards for filling ››European Economic Association ­working group for Environmentally Aware scientific management positions ››American Economic Association ­Management (B.A.U.M.) ››American Finance Association ››Board of Trustees of the Sustainable Prof. Dr. Dorothea Schäfer ››European Finance Association ­Management Forum ››Chairman of the Advisory Council for the ››Royal Economic Society ››Juror, German Sustainability Award ­inspection of the LOEWE Center ››World Economic Forum’s Council on Fiscal ››Juror, EcoGlobe ››»SAFE – Sustainable Architecture for Finance Sustainability ››Juror, 365 Landmarks in the Land of Ideas in Europe« ››Founding member of the Global Economic Association Dr. Peter Krause Dr. Norma Schmitt ››Board of Trustees, Hertie School of Governance ››Scientific Advisory Board for the Hans Böckler ››Scientific committee, economy, feminism Foundation project »Energy Poverty: A New Social and ­science (efas) Prof. Dr. Martin Gornig Risk« at the University of Siegen ››International Association for Feminist Economics ››Committee for Regional Theory and Policy ››European Society for Population Economics (ESPE) of the Verein für Sozialpolitik Prof. Dr. Alexander Kritikos ››European Association for Labor Economics (EALE) ››Scientific project advisory, Hans Böckler ››American Economic Association ››European Economic Association (EEA) ­Foundation ››European Economic Association ››Economic Science Association (ESA) ››SPINTAN Steering Group, EU’s Seventh ­Framework ››Social Science Committee at the Verein ››Georg Simmel Center for Metropolitan Studies für ­Socialpolitik Prof. Pia S. Schober, Ph.D. at Humboldt Universität zu Berlin ››Economic Policy Committee at the Verein ››Scientific Advisory Board, Little Scientists’ für ­Socialpolitik House Foundation Dr. Markus M. Grabka ››Scientific Advisory Board for the German Ageing Prof. Dr. Martin Kroh Prof. Dr. Carsten Schröder Survey (DEAS) ››Head of the Foundations of Migration and ››Committee on Social Policy at the Verein ­Integration Research as well as the Labor Market, für ­Socialpolitik Kornelia Hagen Migration, and Integration Departments at the ››Coordination committee of the Consumer Berlin Institute for Integration and Migration Prof. Dr. Jürgen Schupp ­Research Network at the Federal Ministry of Research (BIM) ››Board of Overseers, Panel Study of Income Justice and Consumer Protection ››Faculty member, Berlin Graduate School of Social Dynamics (PSID) ››Task force for retirement savings accounts Sciences (BGSS) at Humboldt-Universität zu Berlin ››Advisory Board of the longitudinal study »Panel Ana­ ››Task force for private disability insurance lysis of Intimate Relationships and Family Dynamics« Dr. Uwe Kunert ››Project consulting, »TwinLife: A Genetically PD Dr. Elke Holst ››Road and Transportation Research Association, Informative, Longitudinal Study of the Life Course ››economy, feminism and science (efas) working committee »Erhebung und Prognose des and Individual Development« ››Social Indicators Section at the German Verkehrs« (»Traffic Survey and Forecast«) ››Member of the Scientific Advisory Board of the ­Sociological Association Leibniz Information Centre for Economics (ZBW) ››International Association for Feminist Economics Friederike Lenel ››Member of the Executive Board of the ››European Economic Association ››UMM Selection Comittee ­Association of Social Science Institutes (ASI) ››Economic Science Association ››Member, Rat für kulturelle Bildung Dr. Heike Link ››Advisory council office Zivilgesellschaft in Dr. Nicola Jentzsch ››International Transport Economics Association Zahlen at the Stifterverband für die Deutsche ››Expert in the field of Economics of Cyber Security (ITEA), Scientific Committee of the ITEA Summer ­Wissenschaft and Privacy, appointed by the European Network School and Conference ››Faculty, Berlin Graduate School of Social Sciences and Information Security Agency (ENISA) (BGSS) at Humboldt-Universität zu Berlin Prof. Dr. Helmut Lütkepohl ››Social Indicators Section at the German Prof. Dr. Claudia Kemfert ››Econometric Society ­Sociological Association ››Scientific Advisory Board, Energy Institute, ››German Statistical Society Johannes Kepler University Linz ››American Statistical Association Prof. Jo Seldeslachts, Ph.D. ››Scientific Advisory Board, Institute for Advanced ››International Statistical Institute ››Thesis Evaluation Committee (Uli Laitenberger, Sven Study in the Humanities, Essen Van Kerckhoven, Guimoar Ibáñez, Simon Miegielsen) ››Scientific Advisory Board, European Energy Nils May Forum (EUREF) Institute ››European Association of Environmental Dr. Martin Simmler ››Scientific Advisory Board, Energy Campus and ­Resource Economists ››International Institute for Public Finance Nuremberg ››European Economic Association ››Scientific Advisory Board, Austrian Institute Prof. Dr. C. Katharina Spieß of Economic Research Prof. Dr. Lukas Menkhoff ››Fellow at Berlin Social Science Center (WZB) ››Scientific Advisory Board, National Geographic ››Development Economics committee at the Verein ››Scientific Advisory Board for Family Affairs at the Deutschland für Socialpolitik Federal Ministry of Family Affairs, Senior Citizens, ››Committee for Environmental and Resource ››Monetary Economics committee at the Verein Women and Youth Economics at the Verein für Socialpolitik für Socialpolitik ››Scientific Advisory Board for the cooperation ››Energy Modelling Forum ››ZEW Research Associate agreement between national and state-level ››European Climate Forum ››CESifo Research Fellow governments evaluating the performance of the ››Graduate college Globalization and Development German education system

84 DIW Berlin | Annual Report 2015 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > POLICY ADVICE

››Scientific Advisory Board for the project ››Experts workshop »Innovationspolitik« (»Innova- Prof. Dr. Martin Gornig »­Sustainable Employment in Child Day Care« tion Policy«) Federal Ministry for Economic Affairs ››Member, working group on Building Research conducted by the Hans Böckler Foundation, and Energy and the Construction Industry Düsseldorf ››Paper for/participation in the Leibniz ››Reviewer, Senate Department for Urban ››Scientific Advisory Board of the Bamberg ­Association’s workshop on Industry 4.0 plus ­Development and the Environment, Berlin ­Graduate School of Social Sciences ››Participant, Leibniz im Bundestag 2015 ››Committee member of Experts Commission ››Award Juror, Leibniz Association »Strengthening Investment in Germany« ­(Representative, Section B) Dr. Kerstin Bernoth ­appointed by the Federal Ministry for Economic ››Board of Trustees at the Federal Institute for ››European Parliament (Monetary Expert Panel) Affairs and Energy Population Research ››Moderation and co-organization of the Industrial ››Spokesperson, Leibniz Education Research Dr. Franziska Bremus Conference »Energiewende« ­Network »Bildungspotenziale« ››Project for the EU Commission (DG FISMA) in ››Steering Committee of the College for partnership with London Economics Dr. Markus M. Grabka ­Interdisciplinary Education Research ››Joint Economic Forecast on behalf of the Federal ››Expert discussion on the distribution of wealth ››International Max Planck Research School on Government (spring and fall 2015) along with parliamentary party Alliance ‘90/ the Life Course (LIFE) The Greens, Work Circle 1 ››Scientific Advisory Board of the German Karl Brenke ­Institute for International Educational Research ››Staff visit to the International Monetary Fund on the Prof. Dr. Peter Haan ››Scientific Advisory Council of the Institute for occasion of the Article IV Consultation in Germany ››Research project, Hans Böckler Foundation Employment Research, Nuremberg ››Joint Economic Forecast on behalf of the Federal ››Review for Alliance ‘90/The Greens ››Scientific Advisory Board, Little Scientists’ House Government (spring and fall 2015) Kornelia Hagen Dr. Tobias Stöhr Hermann Buslei ››Reviewer for the Federal Office for Agriculture ››IZA Research Affiliate ››Research project, Hans Böckler Foundation and Food (BLE) – project sponsor of the Federal Ministry of Justice and Consumer Protection Jun.-Prof. Dr. Ingrid Tucci Georg Camehl (BMJV) on the topics share economy and ››Associated member of the Berlin Institute for ››Report and lecture on workers in early childhood ­digital world ­Empirical Integration and Migration Research (BIM) education, OECD PD Dr. Elke Holst Dr. Hannes Ullrich Prof. Dr. Christian Dreger ››Advisory Board Member, »Arbeiten 4.0« of the BMAS ››Scientific Committee, 2015 Annual Conference of ››Research project, Eurofound, Dublin ››Member of the Marie Skłodowska-Curie actions’ the European Association of Industrial Economics advisory group for horizon 2020 – the framework ››Scientific Committee, 2015 Annual Conference of Prof. Dr. Tomaso Duso programme for research and innovation Verein für Socialpolitik ››Policy report for the OECD: »Workshop on ››Peer reviewer, Institute of Economic and Social Ex-Post Evaluation of Competition Agencies’ Research and the Heinrich Böll Foundation Prof. Dr. Gert G. Wagner enforcement Decisions: A critical discussion« ››Social Policy Committee at the Verein für ­Socialpolitik ››Policy report for the Directorate General Dr. Nicola Jentzsch ››National Academy of Science and Engineering ­Competition of the European Commission: »The ››Member, public-private advice platform Network (acatech) economic impact of enforcement of competition and Information Security (NIS) of the European ››Faculty member, International Max Planck policies on the functioning of energy markets« Commission Research School on the Life Course ››Policy report for the Dutch Authority for Consumers ››Reviewer, German Research Foundation and Markets: Mergers in the Dutch grocery sector: Dr. Simon Junker ››IPD-Work Consortium (Individual-Participant An ex-post evaluation. Assessing the effects on ››Reviewer, »Effect of R&D on Economic Growth« Data Meta-Analysis in Working Populations) price and non-price dimensions of competition on behalf of KfW ››German Data Forum ››Jour fixe at the ARGE Institutes at the Federal ››Social Science Genetic Association Consortium Alexander Eickelpasch Ministry for Economic Affairs and Energy ››Deputy Speaker for Section B of the Leibniz ››Partnership with the Korea Institute of Science ››Staff visit to the International Monetary Fund on the Association (Economics, Social Sciences, Spatial and Technology Evaluation and Planning occasion of the Article IV Consultation in Germany Research) ­(KISTEP), Seoul, Korea ››Joint Economic Forecast on behalf of the Federal 4 ››Statistical Advisory Commitee ››Parternship with the Korea Institute for Industrial Government (spring and fall 2015) ››Liaison officer at the Friedrich Ebert Foundation Economics and Trade (KIET), Seoul, Korea ››Scientific Advisory Board, Wirtschaftsdienst Prof. Dr. Claudia Kemfert (academic journal) Dr. Ferdinand Fichtner ››Experts group, The economics of environment ››EU Expert Conference: ESDE Review 2014, Brussels and resource use for the EU Environment Dr. Katharina Wrohlich ››Jour Fixe, ARGE Institutes at the Federal Ministry ­Commissioner ››Social Policy Committee at the Verein für ­Socialpolitik for Economic Affairs and Energy ››Experts commission on energy research and energy ››Staff visit to the International Monetary Fund technologies, Bavarian State Ministry for Economics,­ on the occasion of the Article IV Consultation Infrastructure, Transport and Technology in Germany ››Member of the Expert Committee of the Federal ››Joint Economic Forecast on behalf of the Federal State of (Thorsten Schäfer-Gümbel) Government (spring and fall 2015) ››Member of the Expert Committee of the Federal State of Lower Saxony (Minister for the Policy Advice Prof. Marcel Fratzscher, Ph.D. ­Environment Stefan Wenzel) ››Member of the Advisory Council of the German ››Advisory Group on Energy of European Commission­ Federal Ministry of Economy (GD for Research) ››DG ECFIN FELLOWSHIP INITIATIVE 2014–15 ››Club of Rome ››Head of the Experts Commission »Strengthening Projects for government, associations, Investment in Germany« appointed by the Federal Dr. Philipp König NGOs, and other institutions Ministry for Economic Affairs and Energy ››European Parliament (Monetary Expert Panel) ››Join Economic Forecast on behalf of the Federal Dr. Heike Belitz Dr. Johannes Geyer Government (spring and fall 2015) ››Paper for/participation in a workshop at the ››Research project, Hans Böckler Foundation Federal Ministry of Education and Research »Der ››Lecture, symposium at the German Association­ Dr. Kati Krähnert Beitrag von Bildung und Forschung zum guten for Public and Private Welfare»Das neue ››Participant, Leibniz im Bundestag 2015 Leben – und wie man ihn misst«(»How education Elterngeld und seine Konsequenzen für die and research contributes to a good quality of life Familiengestaltung« (»The new parental benefits – and how to measure it«) system and its impact on familial configurations«)

DIW Berlin | Annual Report 2015 85 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > POLICY ADVICE + PRIZES, AWARDS, AND ACCOLADES­

Prof. Dr. Alexander Kritikos ››Panel discussion: EFAS Annual Meeting Dr. Johanna Storck ››Lecture on labor market reform, OECD ››European Commission In-depth Review Mission ››Research project, Hans Böckler Stiftung ››Lecture on the state of the Greek economy, European Semester Konrad Adenauer Foundation ››Critical economist at FU Berlin Kristina van Deuverden ››Multiple lectures and background discussions ››Conversation with Juri Schudrowitz, Association ››Member of the working group on Tax Estimates on the development of the Greek innovation of Private Building Societies, Department of at the Federal Ministry of Finance ­system (BMBF, Greek Federal Ministry of General Issues ››Research project for the Federal Ministry of Finance ­Education and Resarch) ››Conversation with Michael Wolgast, Chief ­Economist ››Jour fixe at the ARGE Institute at the Federal ››Lecture on the state of the Greek economy at Deutscher Sparkassen- und ­Giroverbandes (in Ministry for Economic Affairs and Energy (IOBE Athens, EBD) collaboration with Dr. ­Cornelius Richter, LLM.) ››Joint Economic Forecast commissioned by the ››Discussion at The Foreign Press Association ››Conversation with Andreas Pfingsten, University German federal government, Berlin (spring in Germany »Wer sind die Deutschen« (»Who are of Münster and DIW Research Fellow and fall, 2015) the Germans«) ››Discussion at Poetry Slam Erlangen on the ­topic Dr. Alexander Schiersch Prof. Dr. Gert G. Wagner »Was hält Europa noch zusammen?« (»What’s ››Committee member of Experts Commission ››Chair of the Social Advisory Council to the keeping Europe together?«) »­Strengthening Investment in Germany« ­Federal Government of Germany ­appointed by the Federal Ministry for ››Chair of the Committee for Old Age Provision Dr. Nicolas Legewie ­Economic Affairs and Energy at the Association for Social Security Policy and ››Participant, Leibniz im Bundestag 2015 ››Expert, workshop »Task Force on Small and Research (GVG) ­Medium Sized Enterprise Data (SMED)« of the ››Member of the Council of Experts for Dr. Heike Link DG Internal Market, Industry, Entrepreneurship ­Consumer Questions ››Expert workshop on Interest Calculations in and SMEs, European Commission ››Member of the Scientific Advisory Board for the New Road Cost Report for Truck Toll System, the federal government project »Living Well in Federal Ministry of Transport and Digital Dr. Christian Schmitt ­Germany by the Federal Chancellery« ­Infrastructure (BMVI) ››Lecture at the parliamentary group CDU/CSU, ››Member of the Commission of Independent ››Expert workshop on Investment in Transportation Kommission Aufbau Ost Members in accordance with Section 4, para 2 Infrastructure, EU Commission Representation ››Participant, Leibniz im Bundestag 2015 of the Brandenburg Procurement Law (minimum in Germany wage commission) ››Efficiency measurement rail market, OECD/ITF Prof. Pia S. Schober, Ph.D. ››Member of the Chamber for Social Order of the ››Background discussion on country-specific German Evangelical Church (EKD). Dr. Claus Michelsen ­recommendations 2014, EU Commission ››Member of the Executive Board of the Leibniz ››Research project for the BMUB (construction ­Representation in Germany Association volume calculations) ››Lecture, WSI Gender Equality Conference at ››EU Commission (IDR/European Semester the Hans Böckler Foundation Dr. Katharina Wrohlich ­Mission to Frankfurt and Berlin) ››Lecture, conference »Politische Bildung mit Eltern: ››Advisor, Friedrich Ebert Foundation ››Member, Working Group on Construction and ››Auftrag für Fachkräfte?« (»Civic education with ››Lecture in the parliamentary group CDU/CSU, Housing Market Forecasting parents: a job for experts?«) at the Regional workgroup for marriage- and family-related ››Join Economic Forecast on behalf of the Federal Center for Political Education, Berlin benefits Government (spring and fall 2015) ››Lecture in the parliamentary group Alliance ’90/ Prof. Dr. Carsten Schröder The Greens Prof. Karsten Neuhoff, Ph.D. ››Lecture on old-age provision at the Themenlabor ››Lecture in the parliamentary group SPD, work- ››Federal Ministry for Economic Affairs and Energy of the SPD party executive group project »Zukunft # NeueGerechtigkeit« ››Consultant, Energy Market Design (Project) ››Expert conversation on old-age insurance, SPD (»The future of #newjustice«) ››European Commission – GD Energy ››Expert conversation on old-age insurance, The Left ››European Commission – GD Climate Prof. Dr. C. Katharina Spieß Dr. Frauke Peter ››Member of the Expert Council on Demography ››Background discussion on country-specific at the Federal Ministry of the Interior (BMI) ­recommendations 2014, EU Commission ››Lecture at the Herrenhausen Conference ­Representation in Germany ­»Long-Term Processes of Socio-Economic Prizes, Awards, and ­Development«, Volkswagen Foundation Dr. Sebastian Petrick ››Lecture and podium discussion at the annual ­Accolades ››Federal Ministry of Education and Research: ­academic meeting of the German Youth Institute implementation of Klima-Lounge »Climate ››Lecture at the federal-state conference »Frühe ­Protection Policy in Europe – What does an Bildung lohnt sich« (»Early education pays off«) efficient policy mix look like?« Federal Ministry for Family Affairs, Senior Citi- Prof. Dr. Kerstin Bernoth ››Paper for a side event at the UNFCCC Session zens, Women and Youth ››3rd paper in the DIW Wochenbericht 2014 on consumer-based climate policy ››Lecture at the parliamentary evening of the Society of Friends of DIW Berlin ››Development of energy cost indicators for the Jacobs Foundation Co-authors: Patrick Burauel, Philipp Engler European Climate Foundation (ECF) ››Forum moderator, »Frühe Bildung« (»Early Educa- tion«) at the Forum on Educational Policy at the Dr. Veronika Bertram-Hümmer Max Podstawski Leibniz Education Research Network ››University Meets Microfinance Award ››Reviewer, »Effect of R&D on Economic Growth« ››Contributor to the podium discussion »The Quality UMM Awards Programm on behalf of KfW of Early Education« at the parliamentary evening of the Leibniz Education Research Network Mathias Bug Prof Dr. Dorothea Schäfer ››Committee lecture at the German Employers’ ››Prize at a conference of the Security Research ››Expert hearing: »Commission for the review of Association »Personnel Policy« Dialogue (Fachdialogs Sicherheitsforschung) the financing of the nuclear phase out« (KFK) ››Workshop lecture, Federal Ministry for Family awarded by the Parliamentary State Secretary to ››SPD parliamentary group, Bundestag Affairs, Senior Citizens, Women and Youth»Ökon- the Federal Ministry for Education and Research ››ZBW – Leibniz Information Centre for Economics omische Argumentation der wirksamen Familien- (BMBF), Stefan Müller ››Expert discussion: Viadrina School of politik« (»Economic arguments for effective family ­Governance Trialog policy«) Dr. Jochen Dieckmann ››Panel discussion: IAFFE Annual Conference ››Lecture, German Hygiene Museum in cooperation ››2nd best paper in the DIW Wochenbericht 2014 ››Panel discussion: Euromoney’s Germany Conference with the German Family Association Saxony for Society of Friends of DIW Berlin ››State offensive for the development of scientific the family exhibition »Alles Familie« (»All about and economic excellence (LOEWE) of the state families«) of Hesse

86 DIW Berlin | Annual Report 2015 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > DIW FELLOWS

Christian Krekel Prof. Dr. Jürgen Blazejczak ››Best Poster Award ››Merseburg University of Applied Sciences European Health Economics Association PhD DIW Fellows Student-Supervisor Conference Rudolf G. R. Egging, Ph.D. ››Norwegian University of Science and Technology, Simon Kühne Norway ››Charles Cannell Fund in Survey Methodology DIW Research Fellows Institute for Social Research, University of Ass.-Prof. Steven A. Gabriel, Ph.D. Michigan ››University of Maryland, USA Climate Policy Holger Lüthen Dr. Daniel Huppmann ››1st prize, best paper in the DIW Wochenbericht 2014 Prof. Sebastian Schwenen, Ph.D. ››International Institute of Applied Systems Society of Friends of DIW Berlin ››Technical University of Munich ­Analysis, Austria Co-author: Tim Bönke Prof. Ulrich J. Wagner, Ph.D. Prof. Juan de Dios Ortuzar, Ph.D. Jun.-Prof. Dr. Jan Marcus ››University of Mannheim ››Pontificia Universidad Catolica de Chile, Chile ››2nd place, Johannes Zilkens Doctoral Prizes German National Academic Foundation Prof. Juan Rosellón, Ph.D. ››Public Science Contest Award Competition and Consumers ››Centro de Investigación y Docencia Económicas, College for Interdisciplinary Education Research Mexico Prof. Dr. Ulrich Kamecke Nils May ››Humboldt-Universität zu Berlin Prof. Dr. Dr. h.c. mult. Friedrich Schneider ››Award for Young Researchers (lecture premium) ››Johannes Kepler University Linz, Austria for a presentation at the EAERE Conference Prof. Sudipta Sarangi, Ph.D. granted by the German Central Bank and ››Louisiana State University, USA Ass.-Prof. Sauleh Ahmad Siddiqui ­awarded by the Verein für Socialpolitik ››Johns Hopkins University, USA Prof. Dr. Ulrich Schwalbe Roman Mendelevitch ››University of Hohenheim ››Young Author Award Firms and Markets of the International Energy Economics ­Conference (IEWT) Development and Security Prof. Dr. Axel Werwatz ››Technische Universität Berlin Dr. Johannes Rieckmann Ass.-Prof. Nathan Fiala, Ph.D. ››Prize at a conference of the Fachdialogs Sicher- ››University of Connecticut, USA Prof. Dr. David S. Saal heitsforschung (Security Research Dialogue) ››Loughborough University, United Kingdom awarded by the Parliamentary State Secretary to Prof. Dr. Paul R. Gregory the Federal Ministry for Education and Research ››Stanford University, USA (BMBF), Stefan Müller Forecasting and Economic Policy Prof. Dr. Michael Grimm Dr. Wolf-Peter Schill ››Institute of Social Studies, Netherlands Prof. Dr. Christian R. Proaño ››2nd best paper in the DIW Wochenbericht 2014 ››University of Bamberg Society of Friends of DIW Berlin Prof. Christophe Marc Muller, Ph.D. ››Aix-Marseille University, France Prof. Pia S. Schober, Ph.D. Macroeconomics ››3rd best paper in the DIW Wochenbericht 2014 Prof. Dr. Susan Steiner Society of Friends of DIW Berlin ››Leibniz Universität Hannover Prof. Christopher F. Baum, Ph.D. ››Boston College, USA Juliane Stahl ››3rd best paper in the DIW Wochenbericht 2014 Education and Family Prof. Guglielmo Maria Caporale, Ph.D. 4 Society of Friends of DIW Berlin ››Brunel University, United Kingdom ››Best academic publication, 2014 Prof. Dr. Yvonne Anders Society of Friends of DIW Berlin ››Freie Universität Berlin Prof. Dr. Andreas Pfingsten ››Münster University Dr. Tobias Stöhr Prof. Steven Barnett, Ph.D. ››Leibniz Dissertation Award in the category of ››National Institute for Early Education Research, USA Prof. Federico Ravenna, Ph.D. Humanities and Social Sciences ››École des Hautes Etudes Commerciales Leibniz Association Prof. Emilia Del Bono, Ph.D. de ­Montréal, Canada ››University of Essex, United Kingdom Carolin Stolpe ››Best FAMS Apprentice in Berlin Prof. Pia S. Schober, Ph.D. Public Economics Chamber of Industry and Commerce of Berlin ››University of Tübingen ››Best Germany-wide FAMS Apprentice Dr. Nadja Dwenger German Chamber of Commerce and Industry Prof. Dr. Daniel Schunk ››Max Planck Institute for Tax Law ››2nd place, Leibniz Award for Apprentices ››Johannes Gutenberg University Mainz and ­Public ­Finance, Munich Leibniz Association Prof. Dr. Heike Solga Jun.-Prof. Dr. Frank M. Fossen Dr. Hannes Ulrich ››Berlin Social Science Center ››Freie Universität Berlin ››Best academic publication, 2014 Society of Friends of DIW Berlin Prof. Dr. Ralf Maiterth Energy, Transportation, Environment ››Humboldt-Universität zu Berlin Alexander Zerrahn ››Lecture subsidy Roberto F. Aguilera, Ph.D. Victoria Prowse, Ph.D. Verein für Socialpolitik ››Curtin University of Technology, Australia ››Cornell University, USA

DIW Berlin | Annual Report 2015 87 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > DIW FELLOWS + PROJECT PARTNERSHIPS

Prof. Dr. Nadine Riedel Prof. Dean R. Lillard, Ph.D. ››University of Hohenheim ››Ohio State University, USA Project Partnerships Prof. Dr. Arthur van Soest Prof. Richard. E. Lucas, Ph.D. ››Tilburg University, Netherlands ››Michigan State University, USA

Jun.-Prof. Dr. Maike Luhmann National Socio-Economic Panel ››University of Cologne Bamberg Dr. Annette Brose Prof. Dr. Wenzel Matiaske ››University of Bamberg ››Humboldt-Universität zu Berlin ››University of Flensburg Berlin Prof. Dr. Marco Caliendo Prof. Dr. Markus Pannenberg ››Berlin Social Science Center (WZB) ››Universität Potsdam ››Bielefeld University of Applied Sciences ››Berlin-Brandenburg Institute for School Quality Improvement (ISQ) Prof. Conchita D’Ambrosio, Ph.D. Ass.-Prof. Fabian T. Pfeffer, Ph.D. ››Die Deutsche Schulakademie ››University of Luxembourg, Luxembourg ››University of Michigan, USA ››Freie Universität Berlin ››Hertie School of Governance Prof. Dr. Martin Diewald Prof. Nilam Ram, Ph.D. ››Humboldt-Universität zu Berlin ››Bielefeld University ››The Pennsylvania State University, USA ››Institute for Educational Quality Improvement (IQB) ››Institute for Research Information and Quality Prof. Dr. Thomas Dohmen Prof. Dr. Christian von Scheve Assurance (IFQ) ››Maastricht University, Netherlands ››Freie Universität Berlin ››Max Planck Institute for Human Development ››Öko-Institut Prof. Dr. Marcel Erlinghagen Prof. Dr. Ulrich Schimmack ››RWI Essen, Berlin office ››University of Duisburg-Essen ››University of Toronto, Canada ››Technische Universität Berlin

Prof. Dr. Armin Falk Prof. Dr. Jörg-Peter Schräpler Berlin/Frankfurt ››University of Bonn ››Ruhr University Bochum ››German Institute for International Educational Research Prof. Dr. Jürgen Gerhards Eva Sierminska, Ph.D. ››Freie Universität Berlin ››Luxembourg Institute of Socio-Economic Bielefeld ­Research, Luxembourg ››Bielefeld University Prof. Dr. Johannes Giesecke ››Humboldt-Universität zu Berlin Jun.-Prof. Dr. Jule Specht Bochum ››Freie Universität Berlin ››Ruhr University Bochum Prof. Dr. Olaf Groh-Samberg ››University of Bremen Prof. Holly Sutherland, Ph.D. Bonn ››University of Essex, United Kingdom ››University of Bonn Prof. Dr. John P. Haisken-DeNew ››University of Melbourne, Australia Prof. Dr. Heike Trappe Bremen ››University of Rostock ››University of Bremen Prof. Dr. Karsten Hank ››University of Cologne Prof. em. Dr. Gisela Trommsdorff Düsseldorf ››University of Konstanz ››Heinrich Heine University Düsseldorf Prof. Bruce Headey, Ph.D. ››University of Melbourne, Australia Dr. Arne Uhlendorff Essen ››Centre de Recherche en Economie et ››University of Duisburg-Essen Prof. Jennifer Hunt, Ph.D. ­Statistiques, France ››Rheinisch-Westfälisches Institut für ››Rutgers University, USA ­Wirtschaftsforschung Prof. Mark Wooden, Ph.D. Prof. Dr. Hendrik Jürges ››University of Melbourne, Australia Frankfurt/Main ››University of Wuppertal ››Deutsche Bundesbank Ass.-Prof. Dr. Nicolas R. Ziebarth Prof. Dr. Frauke Kreuter ››Cornell University, USA Göttingen ››Institute for Employment Research (IAB), ››University of Göttingen Nuremberg Halle Prof. Dr. Michaela Kreyenfeld DIW Senior Research Associates ››Halle Institute for Economic Research ››Max Planck Institute for Demographic ­Research, Rostock Prof. Dr. Rainer Fremdling Hamburg ››University of Groningen, Netherlands ››University of Hamburg Prof. Dr. Frieder R. Lang ››German National Library of Economics ››Friedrich-Alexander-Universität Prof. Dr. Bernd Görzig ­Erlangen-Nürnberg ››Technische Universität Berlin Hannover ››Leibniz Universität Hannover Prof. Dr. Holger Lengfeld Prof. Dr. Reiner Stäglin ››Leipzig University ››Freie Universität Berlin Heidelberg ››Heidelberg University Prof. Dr. Stefan Liebig ››Bielefeld University Jena ››Leibniz Research Alliance Healthy Ageing

Karlsruhe ››Fraunhofer Institute for Systems- and ­Innovations Research, Karlsruhe

88 DIW Berlin | Annual Report 2015 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > PROJECT PARTNERSHIPS

Kiel Greece Switzerland ››Kiel Institute for the World Economy Athens Winterthur ››National Technical University of Athens ››Zurich University of Applied Sciences Konstanz ››University of Konstanz Ireland Zürich Dublin ››KOF ETH Mannheim ››University College Dublin ››University of Mannheim ››The Economic and Social Research Thailand ››GESIS – Leibniz Institute for the Social Sciences Institute Bangkok ››Chulalongkorn University Munich Italy ››Mahidol University ››Ifo Institute for Economic Research Bologna ››Prometeia United Kingdom Münster ››University of Bologna Cambridge ››University of Münster ››University of Cambridge ››Energy Environment Forecast Analysis Florence ››European University Institute Colchester Nuremberg ››ISER University of Essex ››University of Erlangen-Nuremberg Milan ››Bocconi University Leeds Osnabrück ››Leeds University ››University of Erlangen-Nuremberg Kazakhstan Astana London Potsdam ››Nazarbayev University ››Brunel University ››University of Potsdam ››Cass Business School (University of London) Kyrgyzstan ››Insitute for Fiscal Studies Saarbrücken Bishkek ››London School of Economics and ››Saarland University ››Kyrgyz State University of Construction, ­Political ­Sciences ››Institute for Future Energy Systems (IZES) ­Transport and Architecture ››The National Institute of Economic and ››SocEconic ­Social ­Research Stuttgart ››University College London ››Center for Solar Energy and Hydrogen Research Latvia Riga Manchester ››Riga Technical University ››University of Manchester

International Mexico Norwich Mexico City ››University of East Anglia Australia ››Center for Research and Teaching in Economics Canberra Oxford ››Australian National University Mongolia ››University of Oxford Ulaanbaatar Melbourne ››National Statistical Office of Mongolia USA ››University of Melbourne ››National University of Mongolia Ann Arbor ››University of Michigan Austria Netherlands Graz The Hague Baltimore ››University of Graz ››CPB Netherlands Bureau for Economic ››Johns Hopkins University ­Policy Analysis Vienna Charlottesville 4 ››Austrian Institute of Economic Research Leiden ››Univeristy of Virginia ››Institute for Advanced Studies ››Leiden University ››Vienna University of Economics and Business College Park ››Vienna University of Technology Utrecht ››University of Maryland ››Utrecht University Belgium Columbus Leuven Norway ››Ohio State University ››University of Leuven Trondheim ››Norwegian University of Science and East Lansing China Technology ››Michigan State University Beijing ››Tsinghua University Poland Golden Warsaw ››Colorado School of Mines Finland ››Center for Social and Economic Research Helsinki Ithaca ››Research Institute of the Finnish Economy Spain ››Cornell University Barcelona France ››University Pompeu Fabra Stanford Paris ››Autonomous University of Barcelona ››Stanford University ››Institut des Politiques Publiques ››Observatoire Français des Conjonctures Schweden Syracuse ­Economiques Stockholm ››Syracuse University ››Paris School of Economics ››KTH Royal Institute of Technology

DIW Berlin | Annual Report 2015 89 POLICY ADVICE, ­HIGHER EDUCATION, AND COLLABORATIONS > INSTITUTIONAL PARTNERSHIPS + DIW STAFF RESEARCH VISITS TO OTHER INSTITUTES

Norway Norway Trondheim Bergen Institutional Partnerships ››Norwegian University of Science and ­Technology Norwegian School of Economics ››Stefan Seifert Switzerland Zürich Sweden National ››University of Zurich Jönköping Jönköping International Business School Berlin United Kingdom ››Prof. Dr. Dorothea Schäfer ››Berlin Social Science Center (WZB) Colchester ››European School of Management and Technology ››University of Essex South Africa ››Freie Universität Berlin Cape Town ››Hertie School of Governance African Institute for Financial Markets and Risk ››Humboldt-Universität zu Berlin Management University of Cape Town ››Technische Universität Berlin ››Dr. Philipp König

Bielefeld Thailand ››Bielefeld University DIW Staff Research Bangkok Chulalongkorn University Düsseldorf ­Visits to Other Institutes ››Dr. Antonia Grohmann ››Heinrich Heine University Düsseldorf Uganda Frankfurt/Oder Fort Portal ››European University Viadrina Frankfurt (Oder) Australia Mountain of the Moon University Sydney ››Tim Kaiser Hamburg Macquarie University ››German Institute of Global and Area Studies ››Prof. Dr. Helmut Lütkepohl United Kingdom ››Hamburg Institute of International Economics London ››Hamburg University of Technology Cambodia European Bank for Reconstruction and ››Helmut Schmidt University Sisophon ­Development ››Kühne Logistics University MeachChey University ››Tatsiana Kliatskova ››University of Hamburg ››Friederike Lenel Institute for Fiscal Studies ››Prof. Dr. Peter Haan Kassel Cuba ››University of Kassel Havana London School of Economics and Political Universidad de La Habana ­Science – Department of Social Policy Kiel ››Dr. Daniel Kemptner ››Christian Krekel ››University of Kiel University College London Germany ››Kathleen Ngangoué Lüneburg Bonn ››Leuphana University of Lüneburg Institute for the Study of Labor ››Sascha Drahs Oxford Mannheim Oxford University ››GESIS – Leibniz Institute for the Social Sciences Frankfurt/Main ››Dr. Martin Simmler Deutsche Bank, Research Division Munich ››Khalid ElFayoumi USA ››GENIOS German Business Information Database Boston European Central Bank Boston University ››Niels Aka Nuremberg ››Sascha Drahs ››Khalid ElFayoumi ››Institute for Employment Research (IAB) ››Stefan Gebauer Chicago ››Sandra Pasch Potsdam University of Chicago, Center for the Economics of ››Thore Schlaak ››University of Potsdam Human Development ››Jun.-Prof. Dr. Jan Marcus Stuttgart Mannheim ››German Aerospace Center University of Mannheim New York City ››Julia Schmieder New York University – Center for Experimental Social Science France ››Kathleen Ngangoué International Paris Organisation for Economic Co-operation Tempe Belgium and ­Development (OECD) Arizona State University Leuven ››Felix Arnold ››Ulrich Schneider ››University of Leuven ››Marie Le Mouel Tucson Paris School of Economics Croatia University of Arizona ››Dr. Luke Haywood Dubrovnik ››Ulrich Schneider ››Inter-University of Centre Dubrovnik Netherlands Urbana Champaign Denmark Tilburg University of Illinois Odense Tilburg School of Economcs and Management ››Prof. Jo Seldeslachts, Ph.D. ››University of Southern Denmark ››Songül Tolan Tilburg University ››Songül Tolan

90 DIW Berlin | Annual Report 2015 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > VISITING RESEARCHERS AT DIW BERLIN

Washington, D.C. Berlin Dresden International Monetary Fund Berlin School of Economics and Law Dresden University of Technology ››Martin Bruns ››Bayarkhuu Chinzorigt ››Jun.-Prof. Dr. Philipp Richter ››Tatsiana Kliatskova Berlin Graduate School of Social Sciences, ››Jakob Miethe Essen ­Humboldt-Universität zu Berlin ››David Pothier, Ph.D. Rheinisch-Westfälisches Institut für ››Friederike Esche ››Annika Schnücker ­Wirtschaftsforschung (RWI Essen) German Chancellery ››Christian Wittrock ››Dr. Anika Rasner DIW Econ GmbH Frankfurt/Main ››Dr. Thure Traber German Institute for International ­Educational ­Research (DIPF) Freie Universität Berlin ››Susanne Kuger Visiting Researchers ››Emiliya Abasova ››Caspar Aumüller Hamburg at DIW Berlin ››Martin Beznoska Hamburg Institute of International ››Pavel Evtuhov ­Economics (HWWI) ››Theresa Köhler ››Malte Hoffmann ››Christian Kulka University of Hamburg Algeria ››Malte Preuß ››Hannah Zagel Constantine ››Maximilian Priem Université Constantine 2 ››Salmai Quari ››Boubakeur Saba ››Pia Sommer Konstanz ››Gerardo Tarantino University of Konstanz Australia ››Erik Tomasch ››John Körtner Canberra ››Eun Ah Whang ››Johannes Müller Australian National University Humboldt-Universität zu Berlin ››Kimberley Collins Leipzig ››Katharina Buhnar Leipzig University ››Barbara Engels ››Jessica Ordemann Austria ››Felix Lang Vienna International Institute for Applied ­ Senate Department for the Interior and Sports Lüneburg Systems ­Analysis ››Prof. Dr. Ulrike Rockmann Leuphana University of Lüneburg ››Björn Jotzo ››Dr. Daniel Huppmann Technische Universität Berlin Austrian Institute of Economic Research ››Francisco Bahamonde Birke Magdeburg ››PD Ulrike Famira-Mühlberger, Ph.D. ››Andreas Bloeß Otto-von-Guericke University Magdeburg ››Simon Donges ››Alexander Plum Belgium ››Helene Eckhardt Leuven ››Jonas Egerer Munich University of Leuven ››Clemens Gerbaulet Ludwig Maximilian University of Munich ››Nicolas Bouckaert ››Dr. Jens Kolbe ››Julia Ebert ››Kevin Spiritus ››Casimir Lorenz ››Luise Lorenz Technical University of Munich ››Jun.-Prof. Sebastian Schwenen, Ph.D. Egypt ››Claudia Mier Gomez Cairo ››Robert Mieth German University of Cairo ››Pao-Yu Oei Münster ››Sara Hassan Hosney ››Michael Okon University of Münster ››Julia Rechlitz ››Lorenz Thomschke 4 Finland ››Felix Reitz Helsinki ››Florian Wiesweg Oldenburg Finnish Environment Institute ››Hanna-Liisa Kangas Bielefeld ››Charlotte von Möllendorff Bielefeld University France ››Dr. Michael Weinhardt Potsdam Aix-en-Provence University of Potsdam LEST Laboratoire d’Economie et de Bochum ››Anja Bruhn ­Sociologie du Travail UMR 7317 Ruhr University Bochum ››Johannes Endler ››Jun.-Prof. Dr. Ingrid Tucci ››Dr. Bodo Knoll ››Jana Jaworski ››Kristina Strohmaier ››Maximilian Koch Paris ››Thorsten Martin Paris School of Economics Bremen ››Linda Wittbrodt ››Haomin Wang Bremen International Graduate School of ­Social Sciences Tübingen Toulouse ››Lukas Hoppe University of Tübingen Toulouse School of Economics ››Josefine Koebe ››Marrit Teirlinck Cologne GESIS – Leibniz Institute for the Social Sciences Israel Germany ››Dafina Kurti Tel Aviv Tel Aviv University Aachen University of Cologne ››Dr. Sami Miaari RWTH Aachen University ››Stephan Dochow ››Winfried Markmann ››Fabian Stähr Dortmund Technical University of Dortmund ››Dr. Nicolai Suppa

DIW Berlin | Annual Report 2015 91 POLICY ADVICE, ­HIGHER EDUCATION, AND COLLABORATIONS > VISITING RESEARCHERS AT DIW BERLIN + LECTURES, SEMINARS, AND COURSES

Italy Urbana-Champaign Applied Panel Econometrics Bolzano University of Illinois Lecture (winter semester 2015/16) Free University of Bolzano ››Prof. Joseph A. Clougherty Hertie School of Governance ››Prof. Oksana Tokarchuk, Ph.D. ››Prof. Dr. Kerstin Bernoth

Florence Decision Making under Uncertainty European University Institute Practice seminar (summer semester 2015) ››Rasmus Pank Roulund Humboldt-Universität zu Berlin ››Tobias Schmidt Trento Lectures, Seminars, University of Trento Demographic Change and the Welfare State ››Roberto Gabriele, Ph.D. and Courses Seminar (winter semester 2014/15) Hertie School of Governance Mongolia ››Prof. Pia S. Schober, Ph.D. Ulaanbaatar ››Prof. Dr. Michaela Kreyenfeld National University of Mongolia Advanced Efficiency and Productivity Analysis ››Amartuvshin Tserennadmid Lecture (summer semester 2015) Demographischer Wandel und Geburtendynamik Technische Universität Berlin im internationalen Vergleich (Demographic change­ Poland ››Dr. Astrid Cullmann and births dynamics: an international comparison) Rzeszów ››Dr. Maria Nieswand Seminar (winter semester 2015/16) Rzeszów University of Technology ››Stefan Seifert University of Rostock ››Mariusz Ruszel ››Dr. Michael Zschille ››Dr. Christian Schmitt

Spain Advanced Electricity Sector Modeling Determinanten subjektiven Wohlbefindens und Madrid Lecture and seminar (summer semester 2015) kulturelle Prägungen (Determinants of cultural Universidad Carlos III Madrid Technische Universität Berlin influences on subjective well-being) ››Alberto Veira Ramos ››Dr. Friedrich Kunz Seminar Master (summer semester 2015) Freie Universität Berlin Switzerland Advanced Methods for Operations Research ››Prof. Dr. Jürgen Schupp Basel Compact seminar (winter semester 2015/16) University of Basel Technische Universität Berlin Die Vermessung der Sozialstruktur Europas – ››Istvan Hegedüs ››Alexander Zerrahn Methodische wie inhaltliche Aspekte in den ››Prof. Steven Gabriel, Ph.D. Forschungsfeldern Arbeitsmarkt und Löhne Bern sowie Armut und Reichtum (Measuring Europe’s University of Basel Advanced Quantitative Methods: social structure: methodological and content­- ››Prof. Dr. Gunter Stephan ­Cross-Sectional Data Analysis related issues in researching employment and Master class (winter semester 2014/15) wages as well as poverty and wealth) United Kingdom Humboldt-Universität zu Berlin Seminar (winter semester 2014/15) Canterbury ››Prof. Dr. Martin Kroh Freie Universität Berlin University of Kent ››Prof. Dr. Jürgen Schupp ››Prof. Dr. Hans-Martin Krolzig Advanced Quantitative Methods: ­Multilevel and Logitudinal Data Analysis Econometric Methods London Master class (winter semester 2015/16) Lecture and tutorial (winter semester 2014/15, London School of Economics Humboldt-Universität zu Berlin winter semester 2015/16) ››Elena Mariani ››Prof. Dr. Martin Kroh Freie Universität Berlin ››Christopher Wratil ››Prof. Dr. Helmut Lütkepohl Advanced Research Design and Innovative ››Dr. Daniel Kemptner University College London Methods in the Social Sciences ››Ulrich Schneider ››Dr. Ludovica Gambaro Block seminar (winter semester 2014/15) ››Anton Velinov, Ph.D. Freie Universität Berlin Oxford ››Nicolas Legewie Economic Growth University of Oxford ››Dr. Anne Nassauer Lecture (winter semester 2014/15, ››Peter Eibich ­winter ­semester 2015/16) Advanced Topics in Finance University of Bern USA Lecture (winter semester 2015/16) ››Dr. Guido Baldi Ann Arbor Jönköping International Business School University of Michigan ››Prof. Dr. Dorothea Schäfer Economics of Early Childhood ››Prof. Lutz Kilian, Ph.D. ››Prof. Dr. Andreas Stephan Seminar (winter semester 2014/15, ››Urban Österlund ­summer semester­ 2015, winter semester 2015/16) College Park ››Agostino Manduchi Freie Universität Berlin University of Maryland ››Prof. Dr. C. Katharina Spieß ››Prof. Dr. Steven Gabriel Analyse von Umfragedaten (Analysis of ­ ­survey data) Master class (winter semester 2014/15) Economics of Education Columbus Freie Universität Berlin Lecture (winter semester 2014/15) Ohio State University ››Prof. Dr. Carsten Schröder Leibniz University of Hannover ››Carolyn Marie Morgan ››Prof. Dr. Timm Bönke ››Jun.-Prof. Dr. Daniel Schnitzlein

Fullerton Anwendung von der Survival Analyse auf Economics of Information California State University ­ausgewählte Themen der Familiensoziologie Lecture (winter semester 2014/15, ››Ass.-Prof. Kristin Kleinjans, Ph.D. (Applying survival analysis to selected topics ­winter ­semester 2015/16) in family sociology) University of Leuven Sarasota Master class (winter semester 2014/15) ››Prof. Jo Seldeslachts, Ph.D. New College of Florida Freie Universität Berlin ››Ass. Prof. Tracy Collins, Ph.D. ››Dr. Paul Schmelzer

92 DIW Berlin | Annual Report 2015 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > LECTURES, SEMINARS, AND COURSES

Einführung in die Institutionenökonomik Empirical Public Economics Finanzwissenschaftliche Steuerlehre ­(Introduction to institutional economics) Lecture and seminar (winter semester 2014/15, ­(Fiscal ­theory) Lecture (summer semester 2015) winter semester 2015/16) Lecture (winter semester 2014/15) University of Potsdam Freie Universität Berlin Freie Universität Berlin ››Prof. Dr. Alexander Kritikos ››Prof. Dr. Peter Haan ››Prof. Ronny Freier, Ph.D. ››Sascha Drahs Einführung in die quantitativen Methoden der ››Stefan Etgeton Forecasting Soziologie (Introduction to quantitative methods ››Julia Schmieder Lecture und Seminar (winter semester 2014/15) for sociology) Hertie School of Governance Lecture (winter semester 2014/15) Empirische Mikroökonomik: ››Dr. habil. Konstantin Kholodilin Bielefeld University Analysen ­sozio-­ökonomischer Ungleichheit ››Dr. Dirk Ulbricht ››Jun-Prof. Dr. Marco Giesselmann (Empirical micro­economics: an analysis of ­socioeconomic inequality) Research Seminar Einführung in die Volkswirtschaftslehre für Project seminar (winter semester 2014/15, winter Seminar (summer semester 2015) Nichtökonomen (Economics for non-economists: semester 2015/16) Leibniz University of Hannover an introduction) Technische Universität Berlin ››Jun.-Prof. Dr. Daniel Schnitzlein Lecture (summer semester 2015) ››Dr. Markus M. Grabka Technische Universität Berlin ››Dr. Jan Goebel Grundlagen der Wirschaftswissenschaften: ››Prof. Dr. Gert G. Wagner Volkswirtschaftslehre (Basic economic principles) ››Dr. Markus M. Grabka Energy Economics Seminar (winter semester 2014/15) ››Dr. Jan Goebel Lecture (winter semester 2015/16) Berlin School of Economics and Law University of Potsdam ››Michael Hachula Einführung in multivariate Analysemethoden ››Dr. Aleksandar Zaklan (Introduction to multivariate analysis) Industrial Organisation: Theory and Applications Lecture (winter semester 2015/16) Energy Sustainability and Climate Change Lecture (winter semester 2014/15, University of Rostock Lecture (summer semester 2015) ­winter ­semester 2015/16) ››Dr. Christian Schmitt Hertie School of Governance University of Leuven ››Prof. Dr. Claudia Kemfert ››Prof. Jo Seldeslachts, Ph.D. Einführung in Quantitative Methoden ­(Introduction to quantitative methods) Entrepreneurial Finance InfraTrain – Advanced Electricity ­Sector ­Modeling (Introduction to quantitative methods) Lecture (summer semester 2015) Compact seminar (winter semester 2014/15, Bielefeld University Jönköping International Business School winter semester 2015/16) ››Jun.-Prof. Dr. Marco Giesselmann ››Prof. Dr. Dorothea Schäfer Technische Universität Berlin ››Andreas Stephan ››Alexander Zerrahn Einkommensungleichheit und ­demographischer ››Dr. Friedrich Kunz Wandel im internationalen Vergleich Entrepreneurship, Innovation, Mikrofinanz ››Clemens Gerbaulet ­(Social ­inequality and life course) Seminar (winter semester 2014/15, ››Casimir Lorenz Research internship (summer semester 2015) ­winter ­semester 2015/16) University of Rostock University of Potsdam InfraTrain 2014 – Efficiency Analysis of ››Dr. Christian Schmitt ››Prof. Dr. Alexander Kritikos ­Municipal Services & Infrastructure ››Dr. Sylvia Keim Summer school (winter semester 2014/15) Entwicklungspsychologische Forschung DIW Berlin/Technische Universität Berlin Emerging Markets mit ­Kurzskalen und Längsschnittdaten ››Prof. Peter Bogetoft Lecture and seminar (winter semester 2015/16) ­(Developmental psychology research using ››Dr. Astrid Cullmann Humboldt-Universität zu Berlin ­short- and long-term data) ››Dr. Maria Nieswand ››Prof. Dr. Lukas Menkhoff Seminar (winter semester 2015/16) ››Stefan Seifert Humboldt-Universität zu Berlin ››Caroline Stiel Empirical Analysis of Markets ››Dr. David Richter ››Dr. Michael Zschille Lecture (winter semester 2015/16) 4 University of Amsterdam Erwachsenwerden in Deutschland und Frankreich InfraTrain 2015 – Semi-Parametric Efficiency Analysis ››Prof. Jo Seldeslachts, Ph.D. (Growing up in Germany and France) Summer School (winter semester 2015/16) Seminar (summer semester 2015) DIW Berlin/Technische Universität Berlin Empirical Education Economics Using Stata Bielefeld University ››Prof. Subal Kumbhakar Seminar (summer semester 2015) ››Jun.-Prof. Dr. Ingrid Tucci ››Dr. Astrid Cullmann Freie Universität Berlin ››Dr. Maria Nieswand ››Dr. Frauke Peter Estimation and Inference in Econometrics ››Stefan Seifert Lecture (winter semester 2015) ››Caroline Stiel Empirical Industrial Organization University of Hamburg ››Dr. Michael Zschille Lecture and practice seminar ­(summer ­semester 2015) ››Jun.-Prof. Dr. Jan Marcus University of Düsseldorf Integrations- und Transnationalitätsforschung: ››Prof. Dr. Tomaso Duso Financial Crises and Coordination empirisch-quantitatives Arbeiten mit dem SOEP ››Dr. Daniel Coublucq Seminar Master (summer semester 2015) (Integration and transnationalism research: Technische Universität Berlin empirical and quantitative work with the SOEP) Empirical Methods in Applied Microeconomics ››David Pothier, Ph.D. Seminar (winter semester 2014/15) Seminar (winter semester 2014/15, Bielefeld University ­winter ­semester 2015/16) Finanzkrisen und Geldsystem ››Jun.-Prof. Dr. Ingrid Tucci Humboldt-Universität zu Berlin ­(Financial ­crises and monetary systems) ››Dr. Johannes Geyer Guest lecture and podium discussion Intergenerational Mobility ››Vanessa Schwarz (­summer ­semester 2015) Lecture (summer semester 2015) Freie Universität Berlin Leibniz University of Hannover Empirical Methods in Applied Microeconomics – ››Prof. Dr. Dorothea Schäfer ››Jun.-Prof. Dr. Daniel Schnitzlein Introduction to Academic Policy Advice Seminar (winter semester 2014/15, ­winter ­semester 2015/16) Freie Universität Berlin ››Prof. Dr. Peter Haan

DIW Berlin | Annual Report 2015 93 POLICY ADVICE, ­HIGHER EDUCATION, AND COLLABORATIONS > LECTURES, SEMINARS, AND COURSES

International Economics Math Boot Camp Ökonometrie (Econometrics) Lecture (summer semester 2015) Preliminary math course (winter semester 2014/15, Lecture and practice seminar (summer ­ ­semester 2015) Hertie School of Governance winter semester 2015/16) European University Viadrina ››Prof. Dr. Kerstin Bernoth DIW Berlin ››Prof. Dr Christian Dreger ››Dr. Franziska Bremus ››Anton Velinov, Ph.D. ››Carsten Croonenbroeck ››Christopher Boortz (Tutorium) International Macroeconomics Ökonomie des Wohlfahrtsstaats Lecture (winter semester 2014/15, Messung und Analyse des ­Wandels der ­(Welfare state economy) ­winter ­semester 2015/16) ­Lebensformen (Measuring and analyzing Lecture (winter semester 2014/15, University of Bern the changing life course) ­winter ­semester 2015/16) ››Dr. Guido Baldi Practice seminar (summer semester 2015) Freie Universität Berlin ››Luca Benati University of Rostock ››Prof. Dr. Carsten Schröder ››Harris Dellas ››Dr. Christian Schmitt ››Prof. Dr. Timm Bönke ››Lukas Voellmy Methodologies and Research Themes of European Ökonomie des Wohlfahrtsstaats International Macroeconomics Comparative Structural Analyses – Focusing on ­(Welfare state economy) Lecture (winter semester 2014/15) the Research Fields of Labor Markets and Wages, Practice seminar (winter semester 2015/16) Hertie School of Governance as well as Poverty and Wealth Freie Universität Berlin ››Dr. Franziska Bremus Seminar (winter semester 2015/16) ››Holger Lüthen Freie Universität Berlin ››Dr. Carsten Schröder International Monetary Economics ››Prof. Dr. Jürgen Schupp Lecture (summer semester 2015) Ökonomie des Wohlfahrtsstaats, Öffentliche University of Bern Methods for Network Engineering (OR2) Unternehmen und Regulierung (Welfare state eco- ››Dr. Guido Baldi Lecture (winter semester 2014/15, nomics and the regulation of public enterprises) ››Harris Dellas ­summer semester­ 2015, winter semester 2015/16) Practice seminar (winter semester 2014/15) Technische Universität Berlin Freie Universität Berlin International Monetary Policy ››Dr. Franziska Holz ››Holger Lüthen Seminar (winter semester 2015) ››Roman Mendelevitch ››Frank Neher Hertie School of Governance ››Dr. Charlotte Bartels ››Prof. Dr. Kerstin Bernoth Methods of Policy and Programme Evaluation ››Prof. Dr. Dr. Giacomo Corneo Seminar (summer semester 2015, Introduction to Financial Crises ­winter ­semester 2015/16) Persönlichkeitsentwicklung Lecture (winter semester 2014/15) Hertie School of Governance ­(Personality ­Development) Hertie School of Governance ››Prof. Pia S. Schober, Ph.D. Seminar (winter semester 2015/16) ››Dr. Philipp König ››Sarah Heilmann Freie Universität Berlin ››Julia Sander Introduction to the German Socio-Economic Panel­ Monetary Policy, Financial Markets and the Study (SOEP) and Applied Survival Analysis European Crisis Projektstudium Empirische Wirtschaftsforschung Workshop (winter semester 2015/16) Seminar (winter semester 2014/15, (Project study: empirical research in economics) University of Flensburg ­winter ­semester 2015/16) Seminar (winter semester 2014/15, ››PD Dr. Elke Holst Humboldt-Universität zu Berlin ­winter ­semester 2015/16) ››Andrea Schäfer ››Prof. Marcel Fratzscher, Ph.D. Technische Universität Berlin ››Prof. Dr. Gert G. Wagner Lebenslauf und Ungleichheit Multiple Time Series Analysis ››Dr. Markus M. Grabka (Life course and ­inequality) Lecture and tutorial (summer semester 2015) ››Dr. Jan Goebel Seminar (summer semester 2015) Freie Universität Berlin Bielefeld University ››Prof. Dr. Helmut Lütkepohl Regenerative Elektrizitätswirtschaft ››Jun.-Prof. Dr. Marco Giesselmann ››Annika Schnücker (Tutorium) (The ­renewable electricity industry) Lecture and seminar (winter semester 2014/15, LIFE Spring Academy Multivariate Statistics summer semester 2015, winter semester 2015/16) Seminar (summer semester 2015) Seminar (winter semester 2015/16) Berlin School of Economics and Law University of Michigan Freie Universität Berlin ››Dr. Wolf-Peter Schill ››Prof. Dr. Gert G. Wagner ››Dr. Paul Schmelzer Regulation of Product Markets LIFE Fall Academy Network and Infrastructure Regulation Lecture (winter semester 2014/15) Seminar (winter semester 2015/16) Lecture (winter semester 2014/15, Humboldt-Universität zu Berlin Max Planck Institute for Human Development ­winter ­semester 2015/16) ››Prof. Dr. Pio Baake ››Prof. Dr. Gert G. Wagner Technische Universität Berlin ››Stefan Seifert Renewable Energies, Fracking and Subsidies – Makroökonomie II (Macroeconomics II) ››Prof. Dr. Christian von Hirschhausen Economic Chances of a Smart Energy Transition Lecture and practice seminar ››Dr. Astrid Cullmann Lecture (summer semester 2015) ­(winter ­semester 2014/15) ››Dr. Maria Nieswand Hertie School of Governance European University Viadrina ››Prof. Dr. Claudia Kemfert ››Prof. Dr. Christian Dreger Neue ökonomische Geographie ››Carsten Croonenbroeck (New ­economic geography) Research Designs Lecture (summer semester 2015) Seminar (winter semester 2015/16) Märkte, Wettbewerb und Regulierung Technische Universität Berlin Bielefeld University ­(Markets, Competition, and Regulation) ››Prof. Dr. Martin Gornig ››Jun.-Prof. Dr. Marco Giesselmann Lecture (winter semester 2014/15) Berlin School of Economics and Law New Regimes of Monetary Policy Research on Microfinance ››Andreas Harasser Seminar (summer semester 2015) Seminar (winter semester 2015/16) Humboldt-Universität zu Berlin University of Applied Sciences, Berlin ››Prof. Marcel Fratzscher, Ph.D. ››Friederike Lenel

94 DIW Berlin | Annual Report 2015 POLICY ADVICE, HIGHER EDUCATION,­ AND COLLABORATIONS > ACCEPTED UNIVERSITY APPOINTMENTS + COMPLETED DISSERTATIONS

Sectoral Energy and Climate Policies for Ungleichheitsmessung (Measuring inequality) ­Industrial Transformation Lecture (summer semester 2015) Lecture and seminar (summer semester 2015) Freie Universität Berlin Completed Dissertations Technische Universität Berlin ››Prof. Dr. Carsten Schröder ››Prof. Karsten Neuhoff, Ph.D. Urban and Regional Economics Seminar zur Bildungsökonomik Seminar (winter semester 2014/15) Development and Security ­(Seminar on the economics of education) Technische Universität Berlin Veronika Bertram-Hümmer Seminar (winter semester 2014/15) ››Prof. Dr. Martin Gornig Index Insurance, Risk Preferences, and Leibniz University of Hannover ­Deprivation in Low-Income Economies ››Jun.-Prof. Dr. Daniel Schnitzlein Wettbewerbstheorie und -politik Supervisors: Prof. Dr. Susan Steiner, (­Competition theory and policy) Prof. ­Nathan ­Fiala, Ph.D. SOEPcampus – Längsschnittanalysen Lecture and practice seminar ­(summer ­semester 2015) Leibniz University of Hannover mit dem SOEP (SOEPcampus – longitudinal University of Potsdam analyses with SOEP) ››Dr. Astrid Cullmann Nina Wald Doctoral workshop (summer semester 2015) Three Essays on Conflict and Development University of Mannheim Wirtschaftspolitik (Economic policy) in Colombia ››Jun.-Prof. Dr. Marco Giesselmann Lecture (summer semester 2015, Supervisors: Prof. Dr. Tilman Brück, ››Dr. Alexandra Fedorets ­winter ­semester 2015/16) Prof. Dr. Maren Michaelsen ››Knut Wenzig Freie Universität Berlin Humboldt-Universität zu Berlin ››Jun.-Prof. Ronny Freier, Ph.D. Soziologie II (Sociology II) Energy, Transportation, Environment Research Colloquium (winter semester 2014/15) Wirtschaftspolitisches Seminar Philipp M. Richter Freie Universität Berlin ­(Economic ­policy seminar) Trade and Climate Policies: The Role of Market ››Prof. Dr. Jürgen Schupp Seminar (winter semester 2014/15, Structure, Strategic Behaviour, and the Supply ­summer semester­ 2015, winter semester 2015/16) Side of Carbon Stadt- und Raumforschung Freie Universität Berlin Supervisors: Prof. Dr. Christian von Hirschhausen, ­(Urban and ­regional research) ››Jun.-Prof. Ronny Freier, Ph.D. Prof. Dr. Marco Runkel Seminar (winter semester 2015/16) ››Prof. Dr. Viktor Steiner Technische Universität Berlin Technische Universität Berlin ››Prof. Dr. Martin Gornig Wohlfahrtsstaat und Globalisierung International Economics (­Welfare state and globalization) Steuerlehre (Tax and taxation) Practice seminar (summer semester 2015) Antonia Grohmann Seminar (winter semester 2014/15, Freie Universität Berlin Financial Literacy and Peer Effects: Causes ­summer semester­ 2015, winter semester 2015/16) ››Holger Lüthen and Consequences University of Potsdam ››Prof. Dr. Dr. Giacomo Corneo Supervisors: Prof. Dr. Lukas Menkhoff, ››Dr. Stefan Bach ››Guido Neidhöfer Prof. ­Martin Brown, Ph.D. Leibniz University of Hannover Structural Econometrics in Labor and IO Lecture (summer semester 2015) Macroeconomics DIW Berlin / Berlin Doctoral Program in ­Economics Christoph Große Steffen and Management Science Essays on Macro-Financial Linkages in the ››Dr. Hannes Ullrich Open Economy ››Dr. Luke Haywood Accepted University Supervisors: Prof. Dr. Philip Engler, Prof. Dr. ­Almut Scholl Theory and Politics of Regulation Appointments­ Freie Universität Berlin Graduate Course (summer semester 2015) Centro de Investigación y Docencia Económica Sören Radde ››Prof. Juan Rosellón, Ph.D. Essays on Liquidity Frictions and 4 Prof. Dr. Franziska Holz ­Macroeconomic Dynamics The Segmented Assimilation of Immigrants’ Chil- ››Visiting professor Supervisors: Prof. Dr. Frank Heinemann, dren: Theoretical Approach and Empirical Evidences ››Hertie School of Governance, Energy Prof. ­Marcel Fratzscher, Ph.D. Seminar (summer semester 2015) and ­Infrastructure Technische Universität Berlin Bielefeld University ››Jun.-Prof. Dr. Ingrid Tucci Dr. habil. Konstantin Kholodilin Socio-Economic Panel (SOEP) ››Associate Professor Alexandra Avdeenko Themen der regionalen Ökonomie ››Xi’an Jiaotong-Liverpool University, China, Three Essays on Political Economy ­(Topics of ­regional economy) ­Agricultural and Resource Economics Supervisors: Prof. Dr. Thomas Siedler, Seminar (winter semester 2015/16) ­Jun.-Prof. ­Ronny Freier, Ph.D. Freie Universität Berlin Jun.-Prof. Dr. Jan Marcus University of Hamburg ››Jun.-Prof. Ronny Freier, Ph.D. ››Junior professorship ››Dr. habil. Michal Myck ››University of Hamburg, Economics Doreen Triebe To Marry or Not to Marry – Essays on Partnership Theorie und Verhalten in der Alterssicherung Jun.-Prof. Dr. Philipp M. Richter Formation and Economic Labor Market Behavior of (Theory and behavior in retirement planning) ››Junior professorship Married and Cohabiting Couples Lecture (winter semester 2014/15, ››Dresden University of Technology, Wirtschafts­ Supervisors: Prof. Dr. Gert G. Wagner, ­winter ­semester 2015/16) wissenschaften/International Economic Policy Prof. Dr. ­Silke Anger Humboldt-Universität zu Berlin Technische Universität Berlin ››Dr. Johannes Geyer Prof. Pia S. Schober, Ph.D. ››Vanessa Schwarz ››Full professor ››University of Tübingen, Sociology Topics in Regulation Theory Lecture and practice seminar (summer semester 2015) Jun.-Prof. Sebastian Schwenen, Ph.D. Technische Universität Berlin ››Junior professorship ››Prof. Dr. Pio Baake ››Technical University of Munich, School of ­Management/Economics of Energy Markets

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