We disentangle the effects of monetary policy announcements on real economic variables into an interest rate shock component and a central bank information shock component. We identify both components using changes in interest rate futures and in exchange rates around monetary policy announcements. While the volatility of interest rate surprises declines around the Great Recession, the volatility of ...
DIW-WissenschaftlerInnen analysieren Auswirkungen von regionalen Beihilfen auf Investitionstätigkeit von Unternehmen – Neue EU-Leitlinien von 2014 erschweren unter anderem Vergabe von Beihilfen an große Unternehmen – Investitionen von Großunternehmen gehen in Folge zurück – Europäisches Rahmenwerk für Regionalbeihilfen sollte nachjustiert werden – ...
Pressemitteilung der Projektgruppe Gemeinschaftsdiagnose: Deutsches Institut für Wirtschaftsforschung (DIW Berlin), Leibniz-Institut für Wirtschaftsforschung Halle, ifo Institut - Leibniz-Institut für Wirtschaftsforschung an der Universität München in Kooperation mit der Konjunkturforschungsstelle der ETH Zürich (KOF), Institut für Weltwirtschaft Kiel (IfW Kiel), ...
The corona pandemic leaves substantial marks in the German economy and its impact is more persistent than assumed in spring. In their autumn report, the leading German economic research institutes have revised their economic outlook downwards by roughly one percentage point for both this and next year. They now expect gross domestic product to fall by 5.4 percent in 2020 (previously -4.2%) and to grow ...
Current literature suggests that neuroticism is positively associated with maladaptive life choices, likelihood of disease, and mortality. However, recent research has identified circumstances under which neuroticism is associated with positive outcomes. The current project examined whether “healthy neuroticism”, defined as the interaction of neuroticism and conscientiousness, was associated with the ...
