@techreport{ŠedovaČizmaziovaCook2021, type = {Working Paper}, author = {Šedov{\´a}, Barbora and Čizmaziov{\´a}, Lucia and Cook, Athene}, title = {A meta-analysis of climate migration literature}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {29}, issn = {2628-653X}, doi = {10.25932/publishup-49982}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-499827}, pages = {83}, year = {2021}, abstract = {The large literature that aims to find evidence of climate migration delivers mixed findings. This meta-regression analysis i) summarizes direct links between adverse climatic events and migration, ii) maps patterns of climate migration, and iii) explains the variation in outcomes. Using a set of limited dependent variable models, we meta-analyze thus-far the most comprehensive sample of 3,625 estimates from 116 original studies and produce novel insights on climate migration. We find that extremely high temperatures and drying conditions increase migration. We do not find a significant effect of sudden-onset events. Climate migration is most likely to emerge due to contemporaneous events, to originate in rural areas and to take place in middle-income countries, internally, to cities. The likelihood to become trapped in affected areas is higher for women and in low-income countries, particularly in Africa. We uniquely quantify how pitfalls typical for the broader empirical climate impact literature affect climate migration findings. We also find evidence of different publication biases.}, language = {en} } @techreport{EstrinKhavulKritikosetal.2024, type = {Working Paper}, author = {Estrin, Saul and Khavul, Susanna and Kritikos, Alexander and L{\"o}her, Jonas}, title = {Access to digital finance}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {72}, issn = {2628-653X}, doi = {10.25932/publishup-62326}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-623261}, pages = {27}, year = {2024}, abstract = {Financing entrepreneurship spurs innovation and economic growth. Digital financial platforms that crowdfund equity for entrepreneurs have emerged globally, yet they remain poorly understood. We model equity crowdfunding in terms of the relationship between the number of investors and the amount of money raised per pitch. We examine heterogeneity in the average amount raised per pitch that is associated with differences across three countries and seven platforms. Using a novel dataset of successful fundraising on the most prominent platforms in the UK, Germany, and the USA, we find the underlying relationship between the number of investors and the amount of money raised for entrepreneurs is loglinear, with a coefficient less than one and concave to the origin. We identify significant variation in the average amount invested in each pitch across countries and platforms. Our findings have implications for market actors as well as regulators who set competitive frameworks.}, language = {en} } @techreport{GraeberKritikosSeebauer2021, type = {Working Paper}, author = {Graeber, Daniel and Kritikos, Alexander and Seebauer, Johannes}, title = {COVID-19: a crisis of the female self-employed}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {27}, issn = {2628-653X}, doi = {10.25932/publishup-49810}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-498108}, pages = {72}, year = {2021}, abstract = {We investigate how the economic consequences of the pandemic, and of the government-mandated measures to contain its spread, affect the self-employed - particularly women - in Germany. For our analysis, we use representative, real-time survey data in which respondents were asked about their situation during the COVID-19 pandemic. Our findings indicate that among the self-employed, who generally face a higher likelihood of income losses due to COVID-19 than employees, women are 35\% more likely to experience income losses than their male counterparts. Conversely, we do not find a comparable gender gap among employees. Our results further suggest that the gender gap among the self-employed is largely explained by the fact that women disproportionately work in industries that are more severely affected by the COVID-19 pandemic. Our analysis of potential mechanisms reveals that women are significantly more likely to be impacted by government-imposed restrictions, i.e. the regulation of opening hours. We conclude that future policy measures intending to mitigate the consequences of such shocks should account for this considerable variation in economic hardship.}, language = {en} } @techreport{CaliendoTuebbicke2021, type = {Working Paper}, author = {Caliendo, Marco and T{\"u}bbicke, Stefan}, title = {Design and Effectiveness of Start-Up Subsidies}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {30}, issn = {2628-653X}, doi = {10.25932/publishup-50005}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-500056}, pages = {20}, year = {2021}, abstract = {While a growing body of literature finds positive impacts of Start-Up Subsidies (SUS) on labor market outcomes of participants, little is known about how the design of these programs shapes their effectiveness and hence how to improve policy. As experimental variation in program design is unavailable, we exploit the 2011 reform of the current German SUS program for the unemployed which strengthened case-workers' discretionary power, increased entry requirements and reduced monetary support. We estimate the impact of the reform on the program's effectiveness using samples of participants and non-participants from before and after the reform. To control for time-constant unobserved heterogeneity as well as differential selection patterns based on observable characteristics over time, we combine Difference-in-Differences with inverse probability weighting using covariate balancing propensity scores. Holding participants' observed characteristics as well as macroeconomic conditions constant, the results suggest that the reform was successful in raising employment effects on average. As these findings may be contaminated by changes in selection patterns based on unobserved characteristics, we assess our results using simulation-based sensitivity analyses and find that our estimates are highly robust to changes in unobserved characteristics. Hence, the reform most likely had a positive impact on the effectiveness of the program, suggesting that increasing entry requirements and reducing support in-creased the program's impacts while reducing the cost per participant.}, language = {en} } @techreport{KritikosMalirantaNippalaetal.2024, type = {Working Paper}, author = {Kritikos, Alexander and Maliranta, Mika and Nippala, Veera and Nurmi, Satu}, title = {Does gender of firm ownership matter?}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {76}, issn = {2628-653X}, doi = {10.25932/publishup-63619}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-636194}, pages = {1 -- 39}, year = {2024}, abstract = {We examine how the gender of business-owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is - starting from a gender pay gap of 11 to 12 percent - two to three percentage-points lower for hourly wages in female-owned firms than in male-owned firms. Results are robust to how the wage is measured, as well as to various further robustness checks. More importantly, we find substantial differences between industries. While, for instance, in the manufacturing sector, the gender of the owner plays no role for the gender pay gap, in several service sector industries, like ICT or business services, no or a negligible gender pay gap can be found, but only when firms are led by female business owners. Businesses in male ownership maintain a gender pay gap of around 10 percent also in the latter industries. With increasing firm size, the influence of the gender of the owner, however, fades. In large firms, it seems that others - firm managers - determine wages and no differences in the pay gap are observed between male- and female-owned firms.}, language = {en} } @techreport{MuellerWrohlich2019, type = {Working Paper}, author = {M{\"u}ller, Kai-Uwe and Wrohlich, Katharina}, title = {Does subsidized care for toddlers increase maternal labor supply?}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {9}, issn = {2628-653X}, doi = {10.25932/publishup-42772}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-427727}, pages = {50}, year = {2019}, abstract = {Expanding public or publicly subsidized childcare has been a top social policy priority in many industrialized countries. It is supposed to increase fertility, promote children's development and enhance mothers' labor market attachment. In this paper, we analyze the causal effect of one of the largest expansions of subsidized childcare for children up to three years among industrialized countries on the employment of mothers in Germany. Identification is based on spatial and temporal variation in the expansion of publicly subsidized childcare triggered by two comprehensive childcare policy reforms. The empirical analysis is based on the German Microcensus that is matched to county level data on childcare availability. Based on our preferred specification which includes time and county fixed effects we find that an increase in childcare slots by one percentage point increases mothers' labor market participation rate by 0.2 percentage points. The overall increase in employment is explained by the rise in part-time employment with relatively long hours (20-35 hours per week). We do not find a change in full-time employment or lower part-time employment that is causally related to the childcare expansion. The effect is almost entirely driven by mothers with medium-level qualifications. Mothers with low education levels do not profit from this reform calling for a stronger policy focus on particularly disadvantaged groups in coming years.}, language = {en} } @techreport{BlockKritikosPriemetal.2022, type = {Working Paper}, author = {Block, J{\"o}rn and Kritikos, Alexander and Priem, Maximilian and Stiel, Caroline}, title = {Emergency-Aid for Self-employed in the Covid-19 Pandemic}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {55}, address = {Potsdam}, issn = {2628-653X}, doi = {10.25932/publishup-56268}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-562688}, pages = {41}, year = {2022}, abstract = {The self-employed faced strong income losses during the Covid-19 pandemic. Many governments introduced programs to financially support the self-employed during the pandemic, including Germany. The German Ministry for Economic Affairs announced a €50bn emergency-aid program in March 2020, offering one-off lump-sum payments of up to €15,000 to those facing substantial revenue declines. By reassuring the self- employed that the government 'would not let them down' during the crisis, the program had also the important aim of motivating the self-employed to get through the crisis. We investigate whether the program affected the confidence of the self-employed to survive the crisis using real-time online-survey data comprising more than 20,000 observations. We employ propensity score matching, making use of a rich set of variables that influence the subjective survival probability as main outcome measure. We observe that this program had significant effects, with the subjective survival probability of the self- employed being moderately increased. We reveal important effect heterogeneities with respect to education, industries, and speed of payment. Notably, positive effects only occur among those self-employed whose application was processed quickly. This suggests stress-induced waiting costs due to the uncertainty associated with the administrative processing and the overall pandemic situation. Our findings have policy implications for the design of support programs, while also contributing to the literature on the instruments and effects of entrepreneurship policy interventions in crisis situations.}, language = {en} } @techreport{BorckMulder2024, type = {Working Paper}, author = {Borck, Rainald and Mulder, Peter}, title = {Energy policies and pollution in two developing country cities}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {78}, issn = {2628-653X}, doi = {10.25932/publishup-63847}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-638472}, pages = {37}, year = {2024}, abstract = {We study the effect of energy and transport policies on pollution in two developing country cities. We use a quantitative equilibrium model with choice of housing, energy use, residential location, transport mode, and energy technology. Pollution comes from commuting and residential energy use. The model parameters are calibrated to replicate key variables for two developing country cities, Maputo, Mozambique, and Yogyakarta, Indonesia. In the counterfactual simulations, we study how various transport and energy policies affect equilibrium pollution. Policies may be induce rebound effects from increasing residential energy use or switching to high emission modes or locations. In general, these rebound effects tend to be largest for subsidies to public transport or modern residential energy technology.}, language = {en} } @techreport{HunoldPetrishcheva2022, type = {Working Paper}, author = {Hunold, Matthias and Petrishcheva, Vasilisa}, title = {Foreclosure and Tunneling with Partial Vertical Ownership}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {57}, issn = {2628-653X}, doi = {10.25932/publishup-56560}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-565601}, pages = {47}, year = {2022}, abstract = {We demonstrate how the incentives of firms that partially own their suppliers or customers to foreclose rivals depend on how the partial owner can extract profits from the target (tunneling). Compared to a fully vertically integrated firm, a partial owner may obtain only a share of the target's profit but influence the target's strategy significantly. We show that the incentives for customer and input foreclosure can be higher, equal, or even lower with partial ownership than with a vertical merger, depending on how the protection of minority shareholders and transfer price regulations affect the scope for profit extraction.}, language = {en} } @techreport{LudolphŠedova2021, type = {Working Paper}, author = {Ludolph, Lars and Šedov{\´a}, Barbora}, title = {Global food prices, local weather and migration in Sub-Saharan Africa}, series = {CEPA Discussion Papers}, journal = {CEPA Discussion Papers}, number = {26}, issn = {2628-653X}, doi = {10.25932/publishup-49494}, url = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-494946}, pages = {53}, year = {2021}, abstract = {In this paper, we study the effect of exogenous global crop price changes on migration from agricultural and non-agricultural households in Sub-Saharan Africa. We show that, similar to the effect of positive local weather shocks, the effect of a locally-relevant global crop price increase on household out-migration depends on the initial household wealth. Higher international producer prices relax the budget constraint of poor agricultural households and facilitate migration. The order of magnitude of a standardized price effect is approx. one third of the standardized effect of a local weather shock. Unlike positive weather shocks, which mostly facilitate internal rural-urban migration, positive income shocks through rising producer prices only increase migration to neighboring African countries, likely due to the simultaneous decrease in real income in nearby urban areas. Finally, we show that while higher producer prices induce conflict, conflict does not play a role for the household decision to send a member as a labor migrant.}, language = {en} }