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  1. Media Information

    Kiel Trade Indicator 12/2021: World trade unimpressed by Omicron so far

    05.01.2022

    In contrast to the first major wave of the pandemic, world trade has so far not shown any negative swings in the face of the Omicron variant rampant in many countries. Following the latest data update, the Kiel Trade Indicator signals a slight...

  2. Publication

    The Health Gradient and Early Retirement: Evidence from the German Socio-economic Panel

    01.12.2006

    This paper examines the role of the health gradient – the positive correlation between household income and health – in individual retirement behavior, using data from the German Socio-economic Panel (GSOEP). We first estimate agegroup-specific...

  3. Publication

    Subsidy boost from Corona?

    14.08.2020

    On 3 June 2020, the grand coalition put together a "stimulus package" and a "package for the future" worth 170 billion euros to combat the consequences of corona, secure prosperity and strengthen sustainability.

  4. Publication

    Worker Personality: Another Skill Bias beyond Education in the Digital Age

    20.11.2019

    We present empirical evidence suggesting that technological progress in the digital age will be biased not only with respect to skills acquired through education but additionally with respect to noncognitive skills (personality). We measure the...

  5. Publication

    Determining optimal transit charges: The Kiel Canal in Germany

    01.01.2013

    The Kiel Canal in Germany connects ports on the Baltic Sea with the rest of the world and is the most-used artificial waterway in the world. Despite this fact, it generates a balance sheet loss. Revenues, which are mainly generated by the transit...

  6. Publication

    The German Labor Market During the Great Recession: Shocks and Institutions

    01.04.2017

    This paper analyzes Germany’s unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions...

  7. Publication

    Nuclear Power Plant Closures and Local Housing Values: Evidence from Fukushima and the German Housing Market

    01.05.2017

    The Fukushima Daiichi accident in Japan in March 2011 caused a fundamental change in Germany's energy policy which led to the immediate shut down of nearly half of its nuclear power plants. Using data from Germany's largest internet platform for real...

  8. Publication

    Centralized vs. Decentralized Wage Formation: The Role of Firms’ Production Technology

    01.06.2014

    This paper is the first to show theoretically and empirically how firms' production technology affects the choice of their preferred wage formation regime. Our theoretical framework predicts, first, that the larger the total factor productivity of a...

  9. Publication

    Estimating Benefits from Regional Amenities:Internal Migration and Life Satisfaction

    01.04.2015

    This paper is the first to link economic theory with empirical life-satisfaction analyses referring to internal migration. We derive an extension of the Roback (1982) model to account for benefits from regional amenities in the utility function,...

  10. Publication

    Foreign Ownership and the Extensive Margins of Exports: Evidence for Manufacturing Enterprises in Germany

    01.05.2014

    We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We construct a simple theoretical model of how foreign ownership may affect these extensive margins of exports...

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