On September 12, 2018, the president of the Technical University of Berlin appointed Tomaso Duso professor of empirical industrial economics at the Faculty of Economics and Management. The appointment was made jointly with DIW Berlin and involves heading the Firms and Markets Department at DIW ... more

Earnings differences are a recurring topic of public discussion in Germany. Data from the long-term Socio-Economic Panel (SOEP) study as well as a separate survey of German employees (LINOS) show that earnings inequalities are generally perceived as fair while a substantial share of the respondents ... more

According to DIW Berlin estimations, the German economy will continue on its current growth path over the next three years. This confirms the forecast from early summer that economic output will grow at a more moderate pace than previously. DIW Berlin’s forecast indicates growth of 1.8 percent ... more

Policy makers have long favored command-and-control (CAC) methods to tackle environmental damage. The number of CAC policies devoted to environmental protection has increased steadily since the 1950s and have been a large part of the overall portfolio of environmental laws and regulation in the ... more

Women still earn less than men on average in Germany. This applies to management positions even more: between 2010 and 2016, there was an average gender pay gap of 30 percent in gross hourly earnings. If gender-specific differences in relevant wage determinants are excluded, a pay gap of 11 percent ... more

• Current DIW Weekly Report 37/2018
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Earnings differences are a recurring topic of public discussion in Germany. Data from the long-term Socio-Economic Panel (SOEP) study as well as a separate survey of German employees (LINOS) show that earnings inequalities are generally perceived as fair while a substantial share of the respondents find the current earnings distribution in Germany unfair. This applies above all to the middle and lower end of the earnings distribution, where respondents perceive there to be particularly severe underpayment. More rarely do respondents find that employees earning high salaries are unfairly overpaid. Perceived unfairness in the upper strata of the earnings distribution is associated with a reduction in effort at the workplace while perceived unfairness in the lower end of the earnings distribution is accompanied by a lack of participation in the democratic process.

After a strong second quarter, the global upturn appears to remain intact, economic and political turmoils notwithstanding, especially in the United States and the euro area. Therefore, DIW Berlin is slightly raising its forecast for the global economy this year to 4.2 percent. Over the course of the rest of the year, however, non-recurring effects are likely to disappear in the United States, causing growth to slow down somewhat. Thus, for the coming year, DIW Berlin is remaining with its forecast from early summer, which estimated growth of 3.9 percent. Due to the improving labor markets, private consumption continues to be the most important support of the upturn in the global economy. Monetary policy remains expansionary for the time being but this will gradually change. Uncertainties regarding US trade policy are a risk to global trade, which will likely dampen investment in the further course of the forecast period. Further risk factors are the economic policies of the new Italian government and the threat of a hard Brexit. The turbulence in Turkey, on the other hand, is unlikely to have a major impact.