@techreport{GohlSchrauth2022,
  type      = {Working Paper},
  author    = {Gohl, Niklas and Schrauth, Philipp},
  title     = {Ticket to Paradise?},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {50},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-55846},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-558466},
  pages     = {20},
  year      = {2022},
  abstract  = {This paper provides novel evidence on the impact of public transport subsidies on air pollution. We obtain causal estimates by leveraging a unique policy intervention in Germany that temporarily reduced nationwide prices for regional public transport to a monthly flat rate price of 9 Euros. Us-ing DiD estimation strategies on air pollutant data, we show that this intervention causally reduced a benchmark air pollution index by more than six percent. Our results illustrate that public transport subsidies - especially in the context of spatially constrained cities - offer a viable alterna-tive for policymakers and city planers to improve air quality, which has been shown to crucially affect health outcomes.},
  language  = {en}
}
@techreport{Schrauth2022,
  type      = {Working Paper},
  author    = {Schrauth, Philipp},
  title     = {The Causal Effect of Cycling Infrastructure on Traffic and Accidents},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {48},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-55335},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-553359},
  pages     = {56},
  year      = {2022},
  abstract  = {This paper analyzes the effect of new bicycle lanes on traffic volume, congestion, and accidents. Crucially, the new bike lanes replace existing car lanes thereby reducing available space for motorized traffic. In order to obtain causal estimates, I exploit the quasi-random timing and location of the newly built cycle lanes. Using an event study design, a two-way fixed effects model and the synthetic control group method on geo-coded data, I show that the construction of pop-up bike lanes significantly reduced average car speed by 8 to 12 percentage points (p.p.) and up to 16 p.p. in peak traffic hours. In contrast, the results for car volume are modest, while the data does not allow for a conclusive judgment of accidents.},
  language  = {en}
}
@techreport{Obst2022,
  type      = {Working Paper},
  author    = {Obst, Cosima},
  title     = {Job Satisfaction and Training Investments},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {47},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-54912},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-549124},
  pages     = {46},
  year      = {2022},
  abstract  = {Job satisfaction has been found to impact behavioral choices at the workplace. Since levels of satisfaction are not guaranteed to remain high, understanding the consequences of job dissatisfaction is essential. Hence, I analyze the relationship between a worker's job satisfaction and her training investments. Based on my theoretical model, I expect a U-shaped relationship if dissatisfied workers attempt to improve the situation or plan to quit. In contrast, there is an overall positive relationship if dissatisfied workers neglect their duties. Using logit regressions with the Household, Income and Labour Dynamics in Australia (HILDA) survey I find tentative evidence that there is on average an overall positive relationship with a 1 standard deviation increase in job satisfaction being associated with a 1.5\% increased likelihood of participating in training. A closer inspection of the reasons for training as well as quit intentions reveals some hints of a U-shaped relationship. My results highlight the importance of considering the source of dissatisfaction as there are heterogeneous effects along different job satisfaction facets.},
  language  = {en}
}
@techreport{CaliendoGraeberKritikosetal.2022,
  type      = {Working Paper},
  author    = {Caliendo, Marco and Graeber, Daniel and Kritikos, Alexander and Seebauer, Johannes},
  title     = {Pandemic Depression: COVID-19 and the Mental Health of the Self-Employed},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {46},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-54899},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-548999},
  pages     = {65},
  year      = {2022},
  abstract  = {We investigate the effect of the COVID-19 pandemic on self-employed people's mental health. Using representative longitudinal survey data from Germany, we reveal differential effects by gender: whereas self-employed women experienced a substantial deterioration in their mental health, self-employed men displayed no significant changes up to early 2021. Financial losses are important in explaining these differences. In addition, we find larger mental health responses among self-employed women who were directly affected by government-imposed restrictions and bore an increased childcare burden due to school and daycare closures. We also find that self-employed individuals who are more resilient coped better with the crisis.},
  language  = {en}
}
@techreport{EydamDiluiso2022,
  type      = {Working Paper},
  author    = {Eydam, Ulrich and Diluiso, Francesca},
  title     = {How to Redistribute the Revenues from Climate Policy?},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {45},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-54896},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-548960},
  pages     = {32},
  year      = {2022},
  abstract  = {In light of climate change mitigation efforts, revenues from climate policies are growing, with no consensus yet on how they should be used. Potential efficiency gains from reducing distortionary taxes and the distributional implications of different revenue recycling schemes are currently debated. To account for households heterogeneity and dynamic trade-offs, we study the macroeconomic and welfare performance of different revenue recycling schemes using an Environmental Two-Agent New-Keynesian model, calibrated on the German economy. We find that, in the long run, welfare gains are higher when revenues are used to reduce distortionary taxes on capital, but this comes at the cost of higher inequality: while all households prefer labor income tax reductions to lump-sum transfers, only financially unconstrained households are better off when reducing taxes on capital income. Interestingly, we find that over the transition period relevant to meet short-medium run climate targets, labor income tax cuts are the most efficient and equitable instrument.},
  language  = {en}
}
@techreport{CaliendoCobbClarkPfeiferetal.2022,
  type      = {Working Paper},
  author    = {Caliendo, Marco and Cobb-Clark, Deborah A. and Pfeifer, Harald and Uhlendorff, Arne and Wehner, Caroline},
  title     = {Managers' Risk Preferences and Firm Training Investments},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {44},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-53843},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-538439},
  pages     = {45},
  year      = {2022},
  abstract  = {We provide the first estimates of the impact of managers' risk preferences on their training allocation decisions. Our conceptual framework links managers' risk preferences to firms' training decisions through the bonuses they expect to receive. Risk-averse managers are expected to select workers with low turnover risk and invest in specific rather than general training. Empirical evidence supporting these predictions is provided using a novel vignette study embedded in a nationally representative survey of firm managers. Risk-tolerant and risk-averse decision makers have significantly different training preferences. Risk aversion results in increased sensitivity to turnover risk. Managers who are risk-averse offer significantly less general training and, in some cases, are more reluctant to train workers with a history of job mobility. All managers, irrespective of their risk preferences, are sensitive to the investment risk associated with training, avoiding training that is more costly or targets those with less occupational expertise or nearing retirement. This suggests the risks of training are primarily due to the risk that trained workers will leave the firm (turnover risk) rather than the risk that the benefits of training do not outweigh the costs (investment risk).},
  language  = {en}
}
@techreport{FranksKalkuhlLessmann2022,
  type      = {Working Paper},
  author    = {Franks, Max and Kalkuhl, Matthias and Lessmann, Kai},
  title     = {Optimal Pricing for Carbon Dioxide Removal Under Inter-Regional Leakage},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {43},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-53808},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-538080},
  pages     = {12},
  year      = {2022},
  abstract  = {Carbon dioxide removal (CDR) moves atmospheric carbon to geological or land-based sinks. In a first-best setting, the optimal use of CDR is achieved by a removal subsidy that equals the optimal carbon tax and marginal damages. We derive second-best subsidies for CDR when no global carbon price exists but a national government implements a unilateral climate policy. We find that the optimal carbon tax differs from an optimal CDR subsidy because of carbon leakage, terms-of-trade and fossil resource rent dynamics. First, the optimal removal subsidy tends to be larger than the carbon tax because of lower supply-side leakage on fossil resource markets. Second, terms-of-trade effects exacerbate this wedge for net resource exporters, implying even larger removal subsidies. Third, the optimal removal subsidy may fall below the carbon tax for resource-poor countries when marginal environmental damages are small.},
  language  = {en}
}
@techreport{CaliendoKuennMahlstedt2022,
  type      = {Working Paper},
  author    = {Caliendo, Marco and K{\"u}nn, Steffen and Mahlstedt, Robert},
  title     = {The Intended and Unintended Effects of Promoting Labor Market Mobility},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-53522},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-535229},
  pages     = {49},
  year      = {2022},
  abstract  = {Subsidizing the geographical mobility of unemployed workers may improve welfare by relaxing their financial constraints and allowing them to find jobs in more prosperous regions. We exploit regional variation in the promotion of mobility programs along administrative borders of German employment agency districts to investigate the causal effect of offering such financial incentives on the job search behavior and labor market integration of unemployed workers. We show that promoting mobility - as intended - causes job seekers to increase their search radius, apply for and accept distant jobs. At the same time, local job search is reduced with adverse consequences for reemployment and earnings. These unintended negative effects are provoked by spatial search frictions. Overall, the unconditional provision of mobility programs harms the welfare of unemployed job seekers.},
  language  = {en}
}
@techreport{BacheletKalkuhlKoch2022,
  type      = {Working Paper},
  author    = {Bachelet, Marion and Kalkuhl, Matthias and Koch, Nicolas},
  title     = {What if working from home will stick?},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {41},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-53238},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-532384},
  pages     = {28},
  year      = {2022},
  abstract  = {The COVID-19 pandemic created the largest experiment in working from home. We study how persistent telework may change energy and transport consumption and costs in Germany to assess the distributional and environmental implications when working from home will stick. Based on data from the German Microcensus and available classifications of working-from-home feasibility for different occupations, we calculate the change in energy consumption and travel to work when 15\% of employees work full time from home. Our findings suggest that telework translates into an annual increase in heating energy expenditure of 110 euros per worker and a decrease in transport expenditure of 840 euros per worker. All income groups would gain from telework but high-income workers gain twice as much as low-income workers. The value of time saving is between 1.3 and 6 times greater than the savings from reduced travel costs and almost 9 times higher for high-income workers than low-income workers. The direct effects on CO₂ emissions due to reduced car commuting amount to 4.5 millions tons of CO₂, representing around 3 percent of carbon emissions in the transport sector.},
  language  = {en}
}
@techreport{CaliendoWittbrodt2021,
  type      = {Working Paper},
  author    = {Caliendo, Marco and Wittbrodt, Linda},
  title     = {Did the Minimum Wage Reduce the Gender Wage Gap in Germany?},
  series = {CEPA Discussion Papers},
  journal   = {CEPA Discussion Papers},
  number    = {40},
  issn      = {2628-653X},
  doi       = {10.25932/publishup-53046},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-530464},
  pages     = {26},
  year      = {2021},
  abstract  = {In many countries, women are over-represented among low-wage employees, which is why a wage floor could benefit them particularly. Following this notion, we analyse the impact of the German minimum wage introduction in 2015 on the gender wage gap. Germany poses an interesting case study in this context, since it has a rather high gender wage gap and set the minimum wage at a relatively high level, affecting more than four million employees. Based on individual data from the Structure of Earnings Survey, containing information for over one million employees working in 60,000 firms, we use a difference-in- difference framework that exploits regional differences in the bite of the minimum wage. We find a significant negative effect of the minimum wage on the regional gender wage gap. Between 2014 and 2018, the gap at the 10th percentile of the wage distribution was reduced by 4.6 percentage points (or 32\%) in regions that were strongly affected by the minimum wage compared to less affected regions. For the gap at the 25th percentile, the effect still amounted to -18\%, while for the mean it was smaller (-11\%) and not particularly robust. We thus find that the minimum wage can indeed reduce gender wage disparities. While the effect is highest for the low-paid, it also reaches up into higher parts of the wage distribution.},
  language  = {en}
}