News about Economy

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Letting nature manage itself may lead to the least costs —but EU subsidies remain an obstacle

Nature management through rewilding can be significantly more cost-effective than by traditional conservation measures. However, EU agricultural subsidies distort competition. This is the conclusion of an economic…

Sapere Aude Grant for research into the connection between religiosity and wealth

Associate Professor Jeanet Sinding Bentzen from the Department of Economics has received the Independent Research Fund Denmark’s Sapere Aude grant for talented research leaders.

Behavioural research impacted corona-stricken Rome

Two researchers from the Department of Economics have received a letter of thanks from the Mayor of Rome for their effort saving human lives.

New anthology on cashlessness: Who’s Cashing In?

A new anthology on the cashless society examines the strategies adopted by different people when traditional coins and banknotes rapidly disappear from their daily economic exchanges.

New blog looks at social consequences of a cashless economy

Researchers at the Department of Anthropology have launched a new blog, which discusses the transition to a cashless economy and the impact on the cash-reliant and indebted urban poor.

CEBI research about consumer spending during the COVID-19 lock-down

covered in article in The New York Times and in Die Welt

Patient people are wealthier

We document a strong association between patience and wealth inequality by linking experimental data from a large preference-elicitation experiment with administrative wealth records.

How Do House Prices Drive Spending?

House prices and spending move together but little is known about the underlying mechanism linking them. We design a test to discriminate between the housing wealth effect hypothesis and the collateral effect hypothesis…

Claus Thustrup Kreiner is the new Area Director of Public Economics in the CESifo network.

He will be organizing the next Public Economics conference in Münich on 19-21 March 2020

Inequalities at birth persist into the next generation

Inequalities at birth of one generation persist into inequality among the offspring in the next generation: differences in birth weight of parents are associated with differences in school performance of their children.

Do Lower Minimum Wages for Young Workers Raise their Employment?

A new study by Claus Thustrup Kreiner, together with Daniel Reck from LSE and Peer Ebbesen Skov from Auckland University of Technology, measures the impact of youth minimum wages on youth employment.

Earmarked Paternity Leave and the Relative Income within Couples

Reducing gender inequality has become a central motivation for labour market and child-care policy reforms.

Financial Trouble from Generation to Generation

Financial trouble has big consequences for individual welfare and for the design of debt relief policies and bankrupcy laws. However, little is known about why some people end up in financial trouble while others do not…