British pop singer Morrissey has accused DER SPIEGEL of falsely quoting him in a recently published interview. The magazine stands behind its reporting and has made the decision to post the audio online in response.

Joint activities, joint projects and improved cooperation: SPIEGEL ONLINE and SPIEGEL WISSEN are looking for the best ideas for creating a vibrant neighborhood. Send us your proposal by August 31!

Waffles for everybody, a children's hotel, a community beer garden: We have narrowed down the Social Design Award submissions to a shortlist of 10. Which one is your favorite? It's time to submit your vote for the Audience Award.

Claas Relotius, the DER SPIEGEL journalist outed this week for churning out fraudulent stories, wrote for the magazine about the U.S. town of Fergus Falls. Two locals fact-checked his reporting, and their verdict is devastating -- a perfect example of how DER SPIEGEL's editorial safeguards failed.

Astronomer Avi Loeb believes that the interstellar object dubbed 'Oumuamua could actually be a probe sent by alien beings. Given the evidence that has so far been gathered, he says, it is a possible conclusion to draw.

As the flames shot out of the roof of Notre Dame de Paris on Monday evening, a global community of concern quickly formed. It shows that the idea of cultural heritage is much more than just a UNESCO list.

The London-based company Sidefloor was part of the tax-evasion structure for which Lionel Messi and his father Jorge were convicted. Now it has been revealed that FC Barcelona spent years paying agent fees to this letterbox company, payments apparently destined for Jorge Messi.

It’s fine to do this for experiments, but for BGP route filtering?

Guest Post: IPv6 network periphery is a new term to describe newly measured intricacies of IPv6 CPE and routers at the edge.

The German health-care system is considered one of the best in the world. But the coronavirus is mercilessly exposing its weaknesses, with some hospitals already facing difficulties. Can Germany prevent the kind of collapse seen in Italy?

The gravest threat posed by the coronavirus is that high-risk groups like the elderly and other high-risk groups will get infected by it. The pressure on staffs at nursing homes is growing. Some patient advocates are calling for emergency contingency plans. Are the facilities safe enough for the people living in them?

The fight against the coronavirus has paralyzed society and the economy. Lockdown measures are fine for the short term, but they threaten to rapidly destroy the economy and erode our existing social order. What should the next steps be?

Some in Germany have the impression that the country can survive a long-term lockdown without suffering any grave consequences. That thinking is dangerous.

Every day, tens of thousands people in Germany seek to get tested for the novel coronavirus. Often, though, they run up against a lack of testing capacity. And it is likely to only get worse. By DER SPIEGEL Staff

The Leopoldina National Academy, Germany’s academy of sciences, recommends that schools be reopened soon. Businesses and public authorities are also expected to be reopened gradually. Travel should also be permitted under certain conditions, according to the report, which DER SPIEGEL obtained in advance of publication.

People are growing increasingly impatient over the coronavirus lockdown, and politicians are now debating whether to loosen measures. From a scientific point of view this is a disaster. Measures should actually be tightened until we know more about the virus.

A railgun is an experimental weapon that uses electricity instead of explosives to fire long-range projectiles. In a railgun, a conductive projectile is propelled electromagnetically along two parallel rails. Though the device uses a tremendous amount of energy, it can launch objects hundreds of miles at many times the speed of sound. Both the US and Britain have developed and fired experimental models. What are the advantages and disadvantages of railguns compared to traditional guns?

The February Revolution was the first of two revolutions in Russia in 1917. Though spontaneous and poorly organized, the revolution resulted in the abdication of Tsar Nicholas II, the end of the Romanov dynasty, and the start of a new, provisional government. It resulted from a number of factors—low confidence in the monarchy, a looming famine, and a series of failures in World War I, which Russia was ill-equipped to fight. How did Rasputin help to spur the revolution, even though he was dead? Discuss

We study the impact of non-pharmaceutical policy interventions (NPIs) like “stay-at-home” orders on the spread of infectious disease. NPIs are associated with slower growth of Covid-19 cases. NPIs “spillover” into other jurisdictions. NPIs are not associated with significantly worse economic outcomes measured by job losses. Job losses have been no higher in US states that implemented “stay-at-home” during the Covid-19 pandemic than in states that did not have “stay-at-home”. All of these results demonstrate that the Covid-19 pandemic is a common economic and public health shock. The tradeoff between the economy and public health today depends strongly on what is happening elsewhere. This underscores the importance of coordinated economic and public health responses.

We conducted a large-scale survey covering 58 countries and over 100,000 respondents between late March and early April 2020 to study beliefs and attitudes towards citizens’ and governments’ responses to the COVID-19 pandemic. Most respondents reacted strongly to the crisis: they report engaging in social distancing and hygiene behaviors, and believe that strong policy measures, such as shop closures and curfews, are necessary. They also believe that their government and their country’s citizens are not doing enough and underestimate the degree to which others in their country support strong behavioral and policy responses to the pandemic. The perception of a weak government and public response is associated with higher levels of worries and depression. Using both cross-country panel data and an event-study, we additionally show that strong government reactions correct misperceptions, and reduce worries and depression. Our findings highlight that policy-makers not only need to consider how their decisions affect the spread of COVID-19, but also how such choices influence the mental health of their population.

Do new societal needs increase charitable giving or simply reallocate a fixed supply of donations? We study this question using IRS datasets and the natural experiment of deadly tornadoes. Among ZIP Codes located more than 20 miles away from a tornado's path, donations by households increase by over $1 million per tornado fatality. We find no negative effects on charities located in these ZIP Codes, with a bootstrapped confidence interval that rejects substitution rates above 16 percent. The results imply that giving to one cause need not come at the expense of another.

Despite widespread interest, there is little systematic evidence on the relationship between income, wealth, and charitable giving. We use the Panel Study of Income Dynamics to provide descriptive statistics on this relationship. We find that, irrespective of specifica­tion, donative behavior increases with greater resources.

We explored two measures of inequality that described the full income distribution in cities. One measure is an income gini based on family incomes in 1929 for 33 cities and in 1933 for up to 48 cities in 1933 were spread throughout the country. We also estimated gini coefficients that made use of contract rents for renters and implicit rents for home owners for up to 955 cities throughout the country. We were able to expand to all counties when looking at a top-end inequality measure, the number of taxpayers per family. All three measures varied substantially across the country. We show the correlations between the various measures and also estimate the relationship between the measures and various relief programs developed by governments at all levels during the period.

Many countries in Eastern Europe are taking drastic measures to slow the spread of COVID-19 -- in part because their health-care systems may not be up to the task.

With the wave of coronavirus infections washing over Europe, countries have turned inward to protect themselves. European Commission President Ursula von der Leyen has struggled to define the EU's role in the crisis as border checks have been reintroduced across the Continent.

Family members aren't allowed into hospitals nor can they take part in funerals. Crematoriums are overloaded. The horrors of coronavirus still have a firm hold on northern Italy.

The European Commission is limited in what it can do to combat the spread of the SARS-CoV-2 virus, but this only makes it more imperative for Brussels to set the correct priorities.

Faced with a growing economic crisis, many European Union member states are clamoring for the introduction of so-called corona bonds. Just like it was in the euro crisis, though, Germany is opposed. In the end, Berlin may not have a choice. By DER SPIEGEL Staff

While Spain continues to battle a dire coronavirus outbreak, the situation is vastly better in neighboring Portugal. But why?

On Thursday, European leaders will discuss how to navigate the block through the economic crisis triggered by the novel coronavirus. In a DER SPIEGEL interview, European Commissioner Paolo Gentiloni talks about what is at stake and the need to find at least 1 trillion euros.

This paper documents a new fact, then analyzes its causes and consequences: in most countries, import tariffs and non-tariff barriers are substantially lower on dirty than on clean industries, where an industry’s “dirtiness” is defined as its carbon dioxide (CO2) emissions per dollar of output. This difference in trade policy creates a global implicit subsidy to CO2 emissions in internationally traded goods and so contributes to climate change. This global implicit subsidy to CO2 emissions totals several hundred billion dollars annually. The greater protection of downstream industries, which are relatively clean, substantially accounts for this pattern. The downstream pattern can be explained by theories where industries lobby for low tariffs on their inputs but final consumers are poorly organized. A quantitative general equilibrium model suggests that if countries applied similar trade policies to clean and dirty goods, global CO2 emissions would decrease and global real income would change little.

The Austrian winter-sports mecca of Ischgl is well known for its parties. But after helping spread the virus across Europe, the town's reputation is changing to one of incompetence and greed.

The coronavirus is forcing us to keep our distance from other people. Yet these extraordinary times have also brought forth moments of warmth and solidarity. People are offering each other words of encouragement and banding together to fight their loneliness.

Well-off Brazilians have brought the coronavirus back home with them from their travels. Many of them also employ domestic workers from the country's favelas - who they're apparently unwilling to protect by telling them to stay home. Brazil's poorest class could make easy quarry for the disease.

Not a soul to be seen on Wall Street, cafés closing down in Brooklyn and a field hospital in Central Park: New York City is in the grips of coronavirus. Notes from a week that changed the city.

In the fight against COVID-19, doctors and health workers are testing drugs and treatments whose efficacy has been proven against other illnesses. We take a look at the most prominent ones and the early findings.

Donald Trump’s disastrous crisis management has made the United States the new epicenter of the global coronavirus pandemic. The country is facing an unprecedented economic crash. Are we witnessing the implosion of a superpower? By DER SPIEGEL Staff

In an interview, Hong Kong-based epidemiologist Gabriel Leung explains why he considers a rapid lifting of contact bans and social distancing measures to be irresponsible. The corona crisis, he believes, will be with us for a long time.

We estimate valuations of time using detailed consumer choice data from a large European ride hail platform, where drivers bid on trips and consumers choose between a set of potential rides with different prices and waiting times. We estimate consumer demand as a function of prices and waiting times. While demand is responsive to both, price elasticities are on average four times higher than waiting-time elasticities. We show how these estimates can be mapped into values of time that vary by place, person, and time of day. Regarding variation within a day, the value of time during non-work hours is 16% lower than during work hours. Regarding the spatial dimension, our value of time measures are highly correlated both with real estate prices and urban GPS travel flows. A variance decomposition reveals that most of the substantial heterogeneity in the value of time is explained by individual differences as opposed to place or time of day. In contrast with other studies that focus on long run choices we do not find evidence of spatial sorting. We apply our measures to quantify the opportunity cost of traffic congestion in Prague, which we estimate at $483,000 per day.

We study the trade-offs faced by Internet Service Providers (ISPs) that serve as platforms through which consumers access both television and internet services. As online streaming video improves, these providers may respond by attempting to steer consumers away from streaming video toward their own TV services, or by attempting to capture surplus from this improved internet content. We augment the standard mixed bundling model to demonstrate the trade-offs the ISP faces when dealing with streaming video, and we show how these trade-offs change with the pricing options available to the ISP. Next, we use unique household-level panel data and the introduction of usage-based pricing (UBP) in a subset of markets to measure consumers' responses and to evaluate quantitatively the ISP's trade-offs. We find that the introduction of UBP led consumers to upgrade their internet service plans and lower overall internet usage. Our findings suggest that while steering consumers towards TV services is possible, it is likely costly for the ISP and therefore unlikely to be profitable. This is especially true if the ISP can offer rich pricing menus that allow it to capture some of the surplus generated by a better internet service. The results suggest that policies like UBP can increase ISPs' incentive to maintain open access to new internet content.

Levine is making the rounds to make the case for baseball in the time of the coronavirus pandemic.

Joe Castiglione saw his first baseball game in the Bronx.

Banks usually hold large amounts of domestic public debt which makes them vulnerable to their own sovereign’s default risk. At the same time, governments often resort to costly public bailouts when their domestic banking sector is in trouble. We investigate how the interbank network structure and the distribution of sovereign debt holdings jointly affect the optimal bailout policy in the presence of this "doom loop". Rescuing banks with high domestic sovereign exposure is optimal if these banks are sufficiently central in the network, even though that requires larger bailout expenditures than rescuing low-exposure banks. Our findings imply that highly central banks can use exposure to their own government as a strategic tool to increase the likelihood of being bailed out. Our model thus illustrates how the "doom loop" exacerbates the "too interconnected to fail" problem in banking.

Innovation policy involves trading off monopoly output and pricing in the short run in exchange for incentives for firms to develop new products in the future. While existing research demonstrates that expected profits fuel R&D investments, little is known about the novelty of the projects funded by these investments. Relying on data that describe the scientific approaches used by a large sample of experimental drug projects, we expand on this literature by examining the scientific novelty of pharmaceutical R&D investments following the creation of the Medicare Part D program. We find little evidence that the positive demand shock implied by this program prompted firms to undertake scientifically novel R&D activity, as measured by whether the specific scientific approach had been used before. However, we find some evidence that firms invested in products involving novel combinations of scientific approaches. These estimates can inform economists and policymakers assessing the tradeoffs associated with marginal changes in commercial returns from newly developed pharmaceutical products.

This paper investigates the effect of a large negative agricultural shock, the boll weevil, on black-white inequality in the first half of the twentieth century. To do this we use complete count census data to generate a linked sample of fathers and their sons. We find that the boll weevil induced enormous labor market and social disruption as more than half of black and white fathers moved to other counties following the arrival of the weevil. The shock impacted black and white sons differently. We compare sons whose fathers initially resided in the same county and find that white sons born after the boll weevil had similar wages and schooling outcomes to white sons born prior to its arrival. In contrast, black sons born after the boll weevil had significantly higher wages and years of schooling, narrowing the black-white wage and schooling gaps. This decrease appears to have been driven by relative improvements in early life conditions and access to schooling both for sons of black fathers that migrated out of the South and sons of black fathers that stayed in the South.

We use longitudinal data from the income tax system to study the impacts of firms’ employment and wage-setting policies on the level and change in immigrant-native wage differences in Canada. We focus on immigrants who arrived in the early 2000s, distinguishing between those with and without a college degree from two broad groups of countries – the U.S., the U.K. and Northern Europe, and the rest of the world. Consistent with a growing literature based on the two-way fixed effects model of Abowd, Kramarz, and Margolis (1999), we find that firm-specific wage premiums explain a significant share of earnings inequality in Canada and contribute to the average earnings gap between immigrants and natives. In the decade after receiving permanent status, earnings of immigrants rise relative to those of natives. Compositional effects due to selective outmigration and changing participation play no role in this gain. About one-sixth is attributable to movements up the job ladder to employers that offer higher pay premiums for all groups, with particularly large gains for immigrants from the “rest of the world” countries.

We explore whether minimum wage increases result in substitution from lower-skilled to slightly higher-skilled labor. Using 2011-2016 American Community Survey data (ACS), we show that workers employed in low-wage occupations are older and more likely to have a high school diploma following recent statutory minimum wage increases. To better understand the role of firms, we examine the Burning Glass vacancy data. We find increases in a high school diploma requirement following minimum wage hikes, consistent with our ACS evidence on stocks of employed workers. We see substantial adjustments to requirements both within and across firms.

Estimating the returns to education remains an active area of research amongst applied economists. Most studies that estimate the causal return to education exploit changes in schooling and/or labor laws to generate exogenous differences in education. An implicit assumption is that more time in school may translate into greater earnings potential. None of these studies, however, explicitly consider the quality of schooling to which impacted students are exposed. To extend this literature, we examine the interaction between school quality and policy-induced returns to schooling, using temporally-available school quality measures from Card and Krueger (1992). We find that additional compulsory schooling, via either schooling or labor laws, increases earnings only if educational inputs are of sufficiently high quality. In particular, we find a consistent role for teacher quality, as measured by relative teacher pay across states, in generating consistently positive returns to compulsory schooling.

How should the design of incentives vary with agent time preferences? We develop two predictions. First, “bundling” the payment function over time – specifically by making the payment for future effort increase in current effort – is more effective if individuals are impatient over effort. Second, increasing the frequency of payment is more effective if individuals are impatient over payment. We test the efficacy of time-bundling and payment frequency, and their interactions with impatience, using a randomized evaluation of an incentive program for exercise among diabetics in India. Consistent with our theoretical predictions, bundling payments over time meaningfully increases effort among the impatient relative to the patient. In contrast, increasing payment frequency has limited efficacy, suggesting limited impatience over payments. On average, incentives increase daily steps by 1,266 (13 minutes of brisk walking) and improve health.