TY - RPRT A1 - Gohl, Niklas A1 - Schrauth, Philipp T1 - Ticket to Paradise? BT - The Effect of a Public Transport Subsidy on Air Quality T2 - CEPA Discussion Papers N2 - 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. T3 - CEPA Discussion Papers - 50 KW - air pollution KW - public transport KW - transport subsidies Y1 - 2022 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-558466 SN - 2628-653X IS - 50 ER - TY - JOUR A1 - Gohl, Niklas A1 - Schrauth, Philipp T1 - JUE insight : ticket to paradise? BT - the effect of a public transport subsidy on air quality JF - Journal of urban economics N2 - 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. Using DiD estimation strategies on air pollutant data, we show that this intervention causally reduced a benchmark air pollution index by more than eight percent and, after its termination, increased again. Our results illustrate that public transport subsidies – especially in the context of spatially constrained cities – offer a viable alternative for policymakers and city planers to improve air quality, which has been shown to crucially affect health outcomes. Y1 - 2024 U6 - https://doi.org/10.1016/j.jue.2024.103643 SN - 0094-1190 PB - Elsevier CY - Amsterdam ER - TY - JOUR A1 - Gohl, Niklas A1 - Haan, Peter A1 - Michelsen, Claus A1 - Weinhardt, Felix T1 - House price expectations JF - Journal of economic behavior & organization N2 - This study examines short-, medium-, and long-run price expectations in housing markets. At the heart of our analysis is the combination of data from a tailored in-person household survey, past sale offerings, satellite imagery on developable land, and an information treatment (RCT). As novel finding, we show that price expectations show no evidence for momentum-effects in the long run. We also do not find much evidence for behavioural biases in expectations related to individual housing tenure decisions. Confirming existing findings, we find momentum-effects in the short-run and that individuals, to a limited extend, use aggregate price information to update local expectations. Lastly, we provide suggestive evidence corroborating existing findings that expectations are relevant for portfolio choice. Y1 - 2023 U6 - https://doi.org/10.1016/j.jebo.2023.12.015 SN - 0167-2681 SN - 1879-1751 VL - 218 SP - 379 EP - 398 PB - Elsevier CY - Amsterdam ER - TY - RPRT A1 - Gohl, Niklas T1 - Working Longer, Working Stronger? BT - The Forward-Looking Effects of Increasing the Retirement Age on (Un)employment Behaviour T2 - CEPA Discussion Papers N2 - Leveraging two cohort-specific pension reforms, this paper estimates the forward-looking effects of an exogenous increase in the working horizon on (un)employment behaviour for individuals with a long remaining statutory working life. Using difference-in-differences and regression discontinuity approaches based on administrative and survey data, I show that a longer legal working horizon increases individuals’ subjective expectations about the length of their work life, raises the probability of employment, decreases the probability of unemployment, and increases the intensity of job search among the unemployed. Heterogeneity analyses show that the demonstrated employment effects are strongest for women and in occupations with comparatively low physical intensity, i.e., occupations that can be performed at older ages. T3 - CEPA Discussion Papers - 63 KW - retirement policies KW - employment KW - DiD Y1 - 2023 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-585275 SN - 2628-653X IS - 63 ER - TY - RPRT A1 - Borck, Rainald A1 - Gohl, Niklas T1 - Gentrification and Affordable Housing Policies T2 - CEPA Discussion Papers N2 - We use a quantitative spatial equilibrium model to evaluate the distributional and welfare impacts of a recent temporary rent control policy in Berlin, Germany. We calibrate the model to key features of Berlin’s housing market, in particular the recent gentrification of inner city locations. As expected, gentrification benefits rich homeowners, while poor renter households lose. Our counterfactual analysis mimicks the rent control policy. We find that this policy reduces welfare for rich and poor households and in fact, the percentage change in welfare is largest for the poorest households. We also study alternative affordable housing policies such as subsidies and re-zoning policies, which are better suited to address the adverse consequences of gentrification. T3 - CEPA Discussion Papers - 39 KW - rent control KW - housing market KW - gentrification Y1 - 2021 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-529300 SN - 2628-653X IS - 39 ER - TY - GEN A1 - Borck, Rainald A1 - Gohl, Niklas T1 - Steigende Mieten? BT - Gentrifizierung in deutschen Großstädten und die Suche nach bezahlbarem Wohnraum T2 - Ökonomenstimme N2 - Vor dem Hintergrund rasant steigender Mieten in deutschen Großstädten untersuchen wir in einer neuen Studie die Auswirkungen von Gentrifizierung sowie von politischen Gegenmaßnahmen auf unterschiedliche Einkommensgruppen anhand eines quantitativen Modells für Berlin. Wir finden, dass eine Mietpreisbindung (wie der „Mietendeckel“) allen Haushalten, vor allem aber den ärmeren Haushalten, schadet. Andere Maßnahmen wie Neubau oder direkte Subventionen schneiden besser ab. Y1 - 2022 UR - https://oekonomenstimme.org/articles/1961 PB - KOF Konjunkturforschungsstelle der ETH Zürich CY - Zürich ER -