Availability for full-time work still a prerequisite for climbing the career ladder in all sectors Overall, women in Germany have considerably lower odds of holding a senior management position than men, particularly in the financial sector. These are the findings of a study conducted by the ... more

Facing deflationary threats, the ECB has engaged in several forms of asset purchase programs to fulfill its mandate of maintaining price stability. A main objective of these programs is raising inflation expectations, as these are a main determinant of actual inflation. This study empirically ... more

For years now, the share of women in management positions in Germany has been considerably lower than that of men. Has the likelihood of women occupying a management position improved at all? During the observation period —from 2001 to 2014— women’s chances did not improve ... more

DIW Berlin short-term economic forecast: German GDP will increase by 1.9 percent in 2016, 1.0 percent in 2017, and 1.6 percent in 2018 – Brexit decision temporarily hindering growth – unemployment continues to fall, but wage increases are also slowing down – public budgets will end ... more

Dr. Fichtner, Germany’s economic development has become less stable overall. How long will it remain this way? Our prognosis for 2017 has changed quite a bit since June: we now predict that the Brexit decision will have a significant negative impact on growth, and have thus lowered the ... more

• Current Economic Bulletin 38/2016
• To Table of Contents

Facing deflationary threats, the ECB has engaged in several forms of asset purchase programs to fulfill its mandate of maintaining price stability. A main objective of these programs is raising inflation expectations, as these are a main determinant of actual inflation. This study empirically evaluates the effectiveness of these ECB policies in raisinginflation expectations. The results suggest that the ECB announcements of asset purchase programs significantly increased the expected inflation in the euro area, albeit to a quantitatively modest extent. All in all, inflation expectations were raised by 20 to 30 basis points.