Twitter account of Collaborative Research Center Transregio 224 "Economic Perspectives on Societal Challenges" at University of Bonn & University of Mannheim
Joined January 2020
- Tweets 1,182
- Following 207
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249 Photos and videos
Why do West German mothers work ~350 fewer hours than in the East? A structural model shows social norms drive most of the gap. Equalizing wages would nearly double it. Policies can increase disparities—and matter little once norms fade.
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"Economic Incentives or Social Norms? Labor Supply Differentials between East and West German Mothers" by Bastien Chabé-Ferret, Zainab Iftikhar, JungJae Park is now available: crctr224.de/research/discuss…
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Personality shapes long-run earnings not only through wages, but also through employment stability and career progression. We show substantial heterogeneity in the channels through which personality shapes earnings accumulation over the life cycle.
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"Personality and Life-Cycle Labour Earnings" by Teresa Backhaus, Mattis Beckmannshagen is now available: crctr224.de/research/discuss…
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Consumption inequality is not just about how much households have — but also about who gets what within them. Accounting for cohabitation and unequal sharing within couples substantially changes measured inequality and poverty.
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"Beyond Vows: Family Structure and Consumption Inequality" by Zainab Iftikhar, Theresa Linhard, Hanna Schwank is now available: crctr224.de/research/discuss…
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In the US, the age at which CEOs are appointed increased by nearly eight years, on average, in the last two and a half decades. This increase is unexpected, as it is more than three times larger than aging in the broader, college-educated workforce.
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Economic uncertainties and technological disruptions, such as AI, could further reinforce this trend. These are insights of a new study by the EPoS Economic Research Center at the Universities of Bonn and Mannheim, published in the discussion paper “Aging at the Very Top.”
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"Why CEOs Have Become 8 Years Older When Appointed" Interview with Farzad Saidi is now available: crctr224.de/newsroom/intervi…
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CEOs have become much older since 2000, especially in smaller firms, as rising uncertainty and complexity increase demand for generalist skills acquired over longer careers.
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"Aging at the Very Top" by Valentin Kecht, Alessandro Lizzeri and Farzad Saidi is now available: crctr224.de/research/discuss…
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Reflections on Competion Policy in the Digital Gatekeeper Era
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"Advancing Competition Policy in the Digital Gatekeeper Era – A Tribute to Heike Schweitzer" by Jens-Uwe Franck and Martin Peitz is now available: crctr224.de/research/discuss…
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We prove a discretization theorem for Nash equilibria: equilibria of games with compact metric action spaces arise as limits of equilibria in finite approximating games with uniformly vanishing payoff perturbations. Includes a counterexample showing perturbations are essential.
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"Nash Equilibria as Limits of Equilibria of Nearby Finite Games" by Francesc Dilmé is now available: crctr224.de/research/discuss…
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New research finds that the costs associated with deviating from optimal inflation targets are large: implementing a 10% instead of a 2% inflation rate generates output losses of 1% per period.
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"The Misallocation Cost of Inflation: A Sufficient Statistics Approach" by Klaus Adam, Andrey Alexandrov and Henning Weber is now available: crctr224.de/research/discuss…
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AI Overviews in Google search do not appear for all search queries. Our result suggest that they show up where they best serve Google’s incentives, balancing user satisfaction and ad revenue. AI overviews are not just to help users but form part of a broader strategy.
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"AI Overview or Overreach? Google’s Strategic Deployment of Generative AI in Search" by Robin Ng and Michael Wessel is now available: crctr224.de/research/discuss…
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