DIW focus

6 Ergebnisse, ab 1
DIW focus 6 / 2020

US and EU Secure Vaccine Production on Home Soil

The deployment of a safe and effective vaccine for Covid-19 will be central to lifting containment measures. In a bid to speed up vaccine deployment, governments are entering into ‘Advance Purchase Agreements’ (APAs) with vaccine companies to secure access to vaccine doses. We document and compare the vaccine procurement strategies of the US and the EU. Most notably, we find that both the US and the ...

2020| Jan Malek, Melissa Newham, Jo Seldeslachts, Marcel Wieting
DIW focus 5 / 2020

No Need for New Natural Gas Pipelines and LNG Terminals in Europe

Natural gas could play an increasing role in the German energy system following the coal exit decided in July 2020 by the German parliament. However, natural gas has no climate benefit compared to coal. What is more, Europe risks to become a battle-ground for the conflict between Russia and the United States. The construction of the Baltic Sea pipeline Nordstream 2 has set in motion a downward spiral ...

2020| Franziska Holz, Claudia Kemfert
DIW focus 4 / 2020

A Green New Deal after Corona: What We Can Learn from the Financial Crisis

Already after the financial crisis in 2008/2009 there was a debate on whether elements aiming at sustainable development can be part of the stimulus packages and support the recovery of the economy. Despite the instinct of policy makers to prioritise battle-tested policies during a crisis, significant levels and different types of climate-friendly components were integrated in the 2009 stimulus packages ...

2020| Mats Kröger, Sun Xi, Olga Chiappinelli, Marius Clemens, Nils May, Karsten Neuhoff, Jörn Richstein
DIW focus 3 / 2020

ECB and Fed Monetary Policy Measures against the Economic Effects of the Coronavirus Pandemic Have Little Effect

To cushion the economic effects of the coronavirus pandemic, central banks have taken far-reaching monetary policy measures. The US Federal Reserve has lowered its interest rates and, like the European Central Bank, has expanded its bond purchase programs. However, it is questionable whether these measures are having the desired effect of calming the markets and supporting the real economy. It is true ...

2020| Kerstin Bernoth, Geraldine Dany-Knedlik, Anna Gibert
DIW focus 2 / 2020

Housing Policies Worldwide during Coronavirus Crisis: Challenges and Solutions

The coronavirus pandemic, which began in December 2019 and is currently spreading rapidly around the world, is having a noticeable impact on the economy and thus also on the real estate market. Since the measures to curb the spread are causing economic activities to decline massively, small and medium-sized companies in the service, hospitality, and transport sectors in particular, but the self-employed ...

2020| Konstantin A. Kholodilin
DIW focus 1 / 2018

Low Interest Rate Environment Amplifies Negative Effects of Austerity Policy

Large-scale fiscal consolidations and the implementation of structural reforms should help southern European countries resolve the crisis. But recent studies indicate that in conjunction with the low interest rate in the euro area, the austerity measures that has been imposed could have the opposite effect, leading to an increase in sovereign debt and economic slowdown. For this reason, a more balanced ...

2018| Mathias Klein
6 Ergebnisse, ab 1