The ultra-loose monetary policy of recent years has raised concerns that the low interest rate environment may overly benefit households with specific demographic and financial characteristics. In this context, monetary policy can be a potential ...
The present report presents new historical data based on country comparisons and research results regarding rent control and its long-term effect on the home ownership rate in 27 countries. Policy measures of rent control, protection against eviction
Women remain significantly underrepresented in the top decision-making bodies in the private sector. Over the past few years, increasingly more European countries have introduced statutory gender quotas to combat this underrepresentation. Other ...
The slowdown in the global economy and the uncertainties caused by Brexit have affected the export-oriented German economy, which is expected to grow by only 0.5 percent this year. However, the German economy has not slid into a crisis due to marked
2019| Claus Michelsen, Marius Clemens, Max Hanisch, Simon Junker, Konstantin Kholodilin, Thore Schlaak
The ongoing trade conflicts initiated by the US and the uncertainty surrounding Brexit are negatively affecting the global economy. Global trade and investment activity, and thus in many places industrial output, are the areas most impacted. ...
2019| Claus Michelsen, Guido Baldi, Marius Clemens, Geraldine Dany-Knedlik, Hella Engerer, Marcel Fratzscher, Stefan Gebauer, Max Hanisch, Simon Junker, Konstantin A. Kholodilin, Malte Rieth, Thore Schlaak
More than one in four patents that major German companies apply for is based on inventions from their research laboratories abroad. In three quarters of the cases, the companies have focused on technologies in which they are very strong at home. ...
2019| Heike Belitz, Anna Lejpras, Maximilian Priem
Residential heating accounts for almost one-fifth of Germany’s final energy consumption. This report evaluates an extensive database of heating bills for buildings with two or more apartments, representing more than two-thirds of the total housing ..
German voters in the 2019 European election showed remarkable regional differences in their voting behavior. The Green Party surged in West German districts, while the AfD further consolidated its successes in East Germany. Investigating structural .
2019| Christian Franz, Marcel Fratzscher, Alexander S. Kritikos
After developing at an increasingly slower pace over the decades, labor productivity in Germany has recently stagnated. This is in contrast to the development of the workforce’s qualifications, which have been growing steadily due to rapid ...
Housing prices in many countries have increased significantly over the past years, fueling a fear that speculative price bubbles will return. However, it can be difficult for policymakers to recognize when regulatory interventions in the market are .
Ten years after the 2008 financial crisis, in the euro area investment is still below the pre-crisis level. Public and private investment growth is so weak that capital per worker (capital intensity) has virtually remained constant. An increase in ..
2019| Marius Clemens, Marius Goerge, Claus Michelsen
The efficiency of the German economy is powered by its knowledge-intensive industrial and services sectors. Yet the use of knowledge capital to drive innovation and productivity in Germany is rather low compared to other European countries and the ..
2019| Heike Belitz, Martin Gornig
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