Detecting abrupt transitions – be it in ocean heat or financial markets
From stock indices to sea surface temperatures, a lot of relevant data comes in the form of time series. Reliable detection of abrupt transitions such …
DIW and University of Potsdam publish study on minimum wage – In Germany, approximately 1.8 million workers eligible for the minimum wage are earning less
The introduction of the minimum wage in Germany led to significant increases in wages –– However, around seven percent of eligible workers earn less …