puje (Copyright)  Mathematik Mathe Integralrechnung
Press Release, 29 Jul 2015

Parents exert indirect influence on the way in which their children will deal with money and financial products in the future – schools can promote competent financial behaviors "Waste not, want not“: Children whose parents teach them this concept—and offer similarly wise... more

DC_2 (Copyright)  Einkauf Shopping Einkaufen
Report, 29 Jul 2015

Ms. Grohmann, some people make considerably poorer financial decisions than others. Where exactly do these people experience difficulties?Many individuals make poor financial decisions, particularly when it comes to saving for retirement. They don’t start planning early enough and consequently... more

Diana Kosaric (Copyright)  Greifarm Greifarme Greifer
Press Release, 29 Jul 2015

Manufacturing companies increased their expenditures by more than a fifth between 2010 and 2013 – research-intensive and large companies primarily responsible for the increase – development more dynamic in Germany than in other European countries In 2013, industrial companies in... more

DIW Berlin (Copyright)  DIW Roundup Logo
Debate, 28 Jul 2015

Before the 2007 crisis, the trade-off between output and inflation played a leading role in the discussion of monetary policy. Instead, issues relating to financial stability played a less pronounced role in shaping the stance of monetary policy and were limited to asset price dynamics. This Roundup... more

Werner Nick (Copyright)  Braunkohlekraftwerk Kraftwerk Braunkohlekraftwerke
Press Release, 16 Jul 2015

Researchers in the Climate Strategies network found that the European Commission’s proposal for carbon leakage protection post-2020 will fail to realize a large share of innovation opportunities in materials industries like steel and cement. “This is a major missed opportunity since... more

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by Antonia Grohmann, Lukas Menkhoff, in DIW Economic Bulletin

Why do some people make better financial decisions than others do? The level of financial literacy plays an important role: Quality schooling that also deals with financial issues likewise leads to better financial decisions. However, many studies neglect how parenting also influences financial behavior. This report shows that parents also have an indirect effect on the financial literacy of their adult children; in general, specific financial training actually has less of an effect on financial behavior.

by Alexander Eickelpasch, in DIW Economic Bulletin

In 2008 and 2009, during the economic crisis, Germany’s industrial enterprises invested considerably less in research and development (R&D). From 2010 to 2013, investments increased markedly again by an annual growth rate of 6.8 percent. This increase can be partly traced back to the process of catching-up after the crisis. Considering the period 2008 to 2013 research expenditures increased by annually 3.2 percent. Spending related to added value also increased. The research-intensive sectors were primarily responsible for these increases. The larger firms with 250 or more employees expanded their R&D spending considerably, while small and medium-sized enterprises (20 to 249 employees) reduced investment slightly — possibly also because higher government R&D funding during the crisis was scaled back after 2012. Consequently, R&D spending has not increased across the board. Overall, however, manufacturing in Germany is heading in the right direction with strong R&D growth putting it on a more solid footing than in other European countries.

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