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Global Economy Returning to Its Recovery Course after Summer Setbacks: DIW Economic Outlook Autumn 2021

Recently, the coronavirus pandemic has caused economic developments in major economies to drift apart: While infection rates were declining and production was experiencing strong growth in places such as Europe and the United States in the second quarter of 2021, emerging economies were experiencing strict economic restrictions due to high case numbers. In some of these countries, the economy declined. ...

German Economy Only Slowly Emerging from the Pandemic: DIW Economic Outlook Autumn 2021

The German economy is taking longer than expected to overcome the pandemic: It is likely to increase by only 2.1 percent in 2021 and capacities remain markedly underutilized. In addition, global supply bottlenecks are affecting German industry, resulting in stalled domestic production despite high demand. Following a profitable summer due to low case numbers and progress in the vaccination campaign, ...

Wieso ein Fachkräftemangel auch gut für Deutschland sein kann

Viele Unternehmen suchen händeringend Personal. Ein Problem? Nicht unbedingt – der Mangel an Arbeitskräften kann die deutsche Wirtschaft modernisieren. Dieser Beitrag erschien erstmals am 17. September 2021 bei Zeit Online als Teil der Reihe Fratzschers Verteilungsfragen. Immer wieder warnen Wirtschaft und Politik vor einem Fachkräftemangel: Die Zukunftsfähigkeit der deutschen ...

Die Betriebsbefragung des Sozio-oekonomisches Panels (Linked Employer Employee) Vers. 2 (SOEP-LEE 2)

Bitte beachten Sie unseren Call for Papers für den Workshop zum Thema „Firms, Workers, and Households in Times of Crisis and Digital Transformation“ vom 26.-27. November 2026 am DIW Berlin. Die Betriebsbefragung des SOEP – erstmalig im Jahr 2012 durchgeführt – geht in die zweite Runde. Im Mittelpunkt stehen die längerfristigen Veränderungen der Arbeitsbeziehungen im Kontext der fortlaufenden...

The Linked Employer-Employee Study of the Socio-Economic Panel, Vers. 2 (SOEP-LEE 2)

Please consider our Call for Papers for the workshop on "Firms, Workers, and Households in Times of Crisis and Digital Transformation" (November 26-27, 2026 at DIW Berlin). The Linked Employer-Employee Study of the Socio-Economic Panel was first conducted in 2012 and is now entering its second round. The focus of SOEP-LEE2 is on longer-term changes in labor relations in the context of ongoing...

Wieso ein Fachkräftemangel auch gut für Deutschland sein kann

Buying Control? 'Locus of Control' and the Uptake of Supplementary Health Insurance

This paper analyses the relationship between locus of control (LOC) and the demand for supplementary health insurance. Drawing on longitudinal data from Germany, we find robust evidence that individuals having an internal LOC are more likely to take up supplementary private health insurance (SUPP). The increase in the probability to have a SUPP due to one standard deviation increase in the measure ...

Causality in the Link between Income and Satisfaction: IV Estimation with Internal Instruments

Usually, it is expected that income increases life satisfaction. In recent years tough, research emerged that shows how subjective well-being, including satisfaction, influences objective measures, as for example income. This would then require explicit identification strategies for estimating effects of income on life satisfaction. I address this issue using German SOEP data and Lewbel’s (2012) method, ...

German economy will first pick up speed in 2022

DIW Berlin forecasting experts are lowering their forecast for 2021 from 3.2 to 2.1 percent - Supply bottlenecks and material shortages are weighing on German industry - Private consumption remains restrained - With growth of just under five percent, the German economy will pick up speed in 2022 once bottlenecks have been overcome and infection rates have fallen on a sustained basis - Inflation no ...

Deutsche Wirtschaft startet erst ab kommendem Jahr richtig durch

DIW-KonjunkturforscherInnen senken Prognose für 2021 von 3,2 auf 2,1 Prozent – Lieferengpässe und Materialknappheit belasten deutsche Industrie – Privater Konsum noch verhalten – Erst im kommenden Jahr könnte die deutsche Wirtschaft mit einem Plus von knapp fünf Prozent Fahrt aufnehmen, wenn Engpässe überwunden und Infektionszahlen nachhaltig gesunken ...