Suche

Die Tyrannei der Minderheit

Interest Rates, Convenience Yields, and Inflation Expectations: Drivers of US Dollar Exchange Rates

Using a data-driven approach to identify structural vector autoregressive models, we examine key factors influencing the US dollar exchange rate across eight advanced economies from 1980 to 2022. We find that shocks to inflation expectations, which are closely tied to unfunded government transfer payments, have a pronounced effect on the US dollar’s value. This underscores the fiscal dimension of exchange ...

Darum muss die EZB die Strategie wechseln

Um die Wirtschaft der EU zu stabilisieren, muss die EZB von ihrem bisherigen Inflationsziel abrücken. Was sie braucht, ist eine neue Geldpolitik. Ein Gastkommentar von Marcel Fratzscher. Die Erleichterung über das vorläufige Ende der höchsten Inflation der letzten 40 Jahre ist groß. Die Europäische Zentralbank (EZB) kann die Zinsen wieder senken und bremst damit eine eh schon schwache Wirtschaft nicht ...

Workshop on Entrepreneurship and Management

In the workshop on entrepreneurship and management at DIW Berlin, scientists discuss research results from the areas of entrepreneurship, innovation and management. The two-day event includes presentations and discussions on entrepreneurial human capital, the impact of technological progress on companies, strategies for the resilience of startups and the dynamics of innovation.

Warum wir Zuversicht aus Ostdeutschland schöpfen sollten

„Mietpreisregulierung kann Neubau hemmen“

Mietpreisbremse. Die Regulierung der Mietpreise, etwa über eine Bremse, ist nicht nur in Deutschland ein Politikum. Der Wissenschaftler Konstantin Kholodilin forscht zum Thema beim Deutschen Institut für Wirtschaftsforschung (DIW) in Berlin mit dem Ziel, Effekte zu messen. Eine Erkenntnis: Regulierung wirkt, aber oft anders, als befürchtet oder erhofft. Dieses Interview mit Konstantin Kholodilin ...

Is There a Desired Added Worker Effect? Evidence from Involuntary Job Losses

While the existing evidence on added worker effects is mixed, most studies find no or only small effects. However, studies to date have mostly analyzed individuals’ actual labor supply responses to their partners’ job loss, neglecting to consider a potential mismatch between desired and actual labor supply adjustments. Using data from the German Socio-Economic Panel (SOEP), we study individuals’ changes ...

Sufficiency as a “Strategy of the Enough”: Curbing Ecological Crises and Injustices: A Summary of the German Advisory Council on the Environment’s Discussion Paper

A recent discussion paper Sufficiency as a “Strategy of the Enough”: A Necessary Debate by the German Advisory Council on the Environment (SRU) aims to intensify the debate on sufficiency, a central but neglected element of future-oriented policy. It defines sufficiency as the need to limit the consumption and production of ecologically critical goods and services, mainly by the economically rich, ...

From Feeling Depressed to Getting Diagnosed: Determinants of a Diagnosis of Depression after Experiencing Symptoms

Receiving a formal diagnosis for a depressive disorder is a prerequisite for getting treatment, yet the illness inherently complicates care-seeking. Thus, understanding the process from depression symptoms to diagnosis is crucial. Aims: This study aims to disentangle (1) risk factors for depression symptoms from (2) facilitators and barriers to receiving a diagnosis after experiencing depression symptoms. ...

Nach Ampel-Aus und Trump-Sieg: in der Krise liegt die Chance