New residential construction, in particular apartment complexes, has driven the growth in Germany’s construction industry in recent years. In 2018 and 2019 the volume of new construction will continue to expand. However, its rate of expansion will decrease and the boom of recent years will come to an end. After years of strong growth, having even occasionally surpassed the ten-percent mark, the German ...
Zu den Ergebnissen der Sondierungsgespräche zwischen CDU/CSU und SPD äußert sich DIW-Präsident Marcel Fratzscher wie folgt:
Construction industry continues very positive development – more room for modernization and renovation of existing buildings – construction prices rise sharply The construction sector cycle will continue its upward course in the next two years according to the forecast of the German Institute for Economic Research (DIW Berlin), which makes its annual prognosis of construction volume on ...
Dieser Beitrag ist am 12. Januar in der ZEIT ONLINE–Kolumne „Fratzschers Verteilungsfragen“ erschienen. Technologischer Wandel und Digitalisierung stellen unsere Gesellschaft vor gewaltige Herausforderungen: Das erkennen Union und SPD an, die diese Woche eine große Koalition sondieren. Doch welche Folgen diese Umwälzungen haben werden und wie Gesellschaften damit umgehen, ...
A number of small offshore jurisdictions exhibit disproportionally large international capital positions. According to governments of these jurisdictions, such positions are (a) the result of a comparative advantage in providing financial services internationally and (b) improve welfare in these jurisdictions. I use the natural experiment of re-occuring hurricanes to test if (a) the capital...
Despite lower incomes the self-employed often report higher job satisfaction. But this increased job satisfaction only sometimes translates into higher life satisfaction, likely due to the heterogeneous nature of self-employment. By distinguishingdifferent types of self-employment, this paper sheds light onto why some self-employeds even report lower life satisfaction, focussing specifically on poor ...
We investigate the causal effect of commuting on sickness absence from work using German panel data. To address reverse causation, we use changes in commuting distance for employees who stay with the same employer and who have the same residence during the period of observation. In contrast to previous papers, we do not observe that commuting distances are associated with higher sickness absence, in ...
