https://hdl.handle.net/10419/247 2026-09-21T16:25:20Z https://hdl.handle.net/10419/315807 Title: What Difference Does Central Bank Digital Currency Make? Insights from an Agent-based Model Authors: Hess, Simon Abstract: This paper studies the effects of introducing a Central Bank Digital Currency (CBDC) on economic output, bank intermediation and financial stability in a closed economy using an Agent-based Stock Flow Consistent (AB-SFC) Model. Thereby a digital bank run is simulated across various economic environments with different monetary policy and bank bankruptcy regimes. According to the model, non-remunerated CBDC issued in a positive-interest environment with a corridor system may increase GDP through increased seigniorage income and government spending. Also bank funding becomes more expensive since bank deposit stickiness is prevented. Non-remunerated CBDC issued in a zero-interest environment has no impact since there is no distributional effect of the interest payments. In a floor-system where the interest rate on CBDC matches the policy rate, CBDC also counteracts deposit stickiness and redistributes bank profits from shareholders to depositors. Thereby CBDC improves the transmission of the policy rate to households and firms. The bank bankruptcy regime also affects the outcome. While CBDC makes no difference in a bailout regime it does in a bail-in regime where it decreases inequality and distributes bank rescue costs evenly among households and firms, potentially enhancing financial stability. Introducing CBDC within a deposit insurance system postpones bank rescue payments, which creates an additional dynamic in GDP. 2025-01-01T00:00:00Z https://hdl.handle.net/10419/284362 Title: Eliciting Paternalistic Preferences: An Incentivised Experiment Authors: Schütze, Tobias; Carlhoff, Henrik; Witschel, Helena Abstract: Individual paternalistic preferences are central to the question to what extent the state may intervene in the freedom of choice of its citizens. Albeit its practical and theoretical importance, there is yet no incentivised tool to elicit those preferences. In this paper, we present a simple and abstract experiment to elicit paternalistic preferences and also investigate its relationship with individual psychological constructs that are argued to correlate with paternalistic preferences. In line with previous empirical results, our experimental data suggest that paternalistic preferences are indeed heterogeneously distributed in our sample. Moreover, we identify outcome related and autonomy related motives as important factors of paternalistic preferences. More precisely, (especially young) individuals with a strong desire for autonomy are more likely to opt for an informed choice and individuals with a strong focus on the outcome are more likely to opt for an uninformed choice than giving up their autonomy. 2024-01-01T00:00:00Z https://hdl.handle.net/10419/300346 Title: Berufsorientierung als Mittel gegen Arbeitslosigkeit - eine Zeitreihenanalyse für Mecklenburg-Vorpommern Authors: Strohner, Benjamin Abstract: Berufsorientierung als Selbstkompetenz sollte eine bessere Zuordnung von Arbeitskräften zu Arbeitsplätzen ermöglichen und so die Arbeitslosigkeit reduzieren. Diese Untersuchung geht der Frage nach, ob die Reduzierung der Arbeitslosigkeit durch Berufsorientierung wirklich eintritt. Dazu wird die Entwicklung der Arbeitslosigkeit in Mecklenburg-Vorpommern von 1991 bis 2024 analysiert. Die Berufsorientierung wird dabei durch vier Maßnahmen (Schülerbetriebspraktikum, Berufswahlsiegel, modularisierte Berufsorientierungsmaßnahmen und Mission ICH) an allgemeinbildenden Schulen repräsentiert. Eine Regressionsanalyse der Zeitreihe der monatlichen Veränderung der Arbeitslosigkeit zeigt dann eine umfangreiche und signifikante Reduzierung der Arbeitslosigkeit bei gleichzeitiger Anwendung der vier Maßnahmen. Zur Linderung der Arbeitskräfteknappheit im Demografischen Wandel und für das weitere Wirtschaftswachstum sollte die Bildungs- und Wirtschaftspolitik die Berufsorientierung weiter gezielt betreiben. 2024-01-01T00:00:00Z https://hdl.handle.net/10419/280892 Title: Cycling, Fuel Discount and the 9 € Ticket: Commuters Taking a Brake? Authors: Harter, Franziska Abstract: Does the promotion of public transport crowd out other modes of climate friendly mobility? During the summer of 2022, Germany introduced two policy measures to countervail the rising cost of living and energy. This paper demonstrates that these measures did not only affect individuals relying on motorized mobility but cyclists as well. Employing publicly available data from urban bike counters and data from city administrations, I find that the number of trips commuted by bicycle significantly decreased on average by 20 rides per hour and station. Moreover, I find lasting impacts after the withdrawal that indicate that the pre-intervention trend reverted. 2023-01-01T00:00:00Z