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Global ist der Renminbi noch weit davon entfernt, den US-Dollar zu verdrängen: Interview

Die Revolution der EZB-Geldpolitik: Kommentar

Geopolitical Tensions Fuel Currency Competition but US Dollar and Euro Remain Hard to Displace

Geopolitical frictions and high levels of uncertainty in US policy are driving countries to reduce dependence on the US dollar and implement new policies to promote their own currencies for settling cross-border trade. This Weekly Report analyzes the reactions of firms to such measures, focusing on China’s efforts to promote the renminbi globally. Leveraging detailed French customs data, the findings ...

Being and Consciousness: Fiscal Attitudes according to HANK

Attitudes toward fiscal policy differ: fiscal conservatism and fiscal liberalism vary in their willingness to tolerate budget deficits. We challenge the view that such attitudes reflect national preferences. Instead, we offer an economic explanation based on a two-country Heterogeneous Agent New Keynesian model, bringing its implicit political economy dimension to the forefront. We compute the welfare ...

Social and Regional Inequalities in the Sense of Safety in Germany

The public’s perceived sense of safety influences many domains in significant ways: It impacts individual behavior, life quality, consumption behavior, and even political views as well as government action. Using data from the Socio-Economic Panel (SOEP) and the German Federal Government’s 2024 Gleichwertigkeitsbericht (Equivalence Report), the development as well as the regional and social distribution ...

Dann verpufft Merz' Milliardenpaket

Deutschlands Infrastruktur steht am Scheideweg. Ein 500-Milliarden-Euro-Fonds könnte sich als nutzlos erweisen, falls nachhaltige kommunale Reformen ausbleiben. Das Sondervermögen von 500 Milliarden Euro für Investitionen könnte Deutschlands Zukunft entscheidend beeinflussen. Es wird jedoch scheitern, zusätzliche Investitionen anzustoßen, wenn nicht gleichzeitig grundlegende Reformen der Kommunen ...

Die Transformation des Instituts im ersten Jahrzehnt des 21. Jahrhunderts

„Verbesserungsbedürftig” - so beurteilte der Wissenschaftsrat in einem Gutachten 1998 info WISSENSCHAFTSRAT (1998), Stellungnahme zu den Wirtschaftsforschungsinstituten der Blauen Liste in den alten Ländern. Drs. 3320-98 Berlin, 23. Januar 1998 die empirische Wirtschaftsforschung und wirtschaftspolitische Beratung in den deutschen Wirtschaftsforschungsinstituten, ebenso wie ihre Vernetzung mit ...

Post-Migration Stress Mediates Associations Between Potentially Traumatic Peri-Migration Experiences and Mental Health Among Middle Eastern Refugees in Germany

Background On their way to host countries, refugees are often exposed to severe adversity, including cumulative experiences of fraud, extortion, robbery, detention, and shipwrecks, as well as prolonged, life-threatening small boat crossings. However, little research has examined the long-term impact of such peri-migration stressors on subsequent stress and mental health after arrival. This study explored ...

Determinants of Stock Market Participation

The low degree of stock market participation (SMP) is one of the big puzzles in finance. Numerous determinants have been proposed. We put these determinants into a structure that is derived from a standard static portfolio model. Then we discuss arguments put forward regarding specific SMP determinants and the empirical evidence that has been provided. The focus of our survey is on the identification ...

Gender-Inclusive Language in the Corporate Communication of German Companies: Authentic Corporate Activism or Pinkwashing?

Commitment to gender equality and diversity has long been a stated priority for large companies, and one visible way to signal this commitment is through gender-inclusive language. Public debates around such language use increasingly surface regarding companies’ communication with stakeholders, including employees, customers, and shareholders. In particular, the adoption of newer forms of gender-inclusive ...