Macroeconomics Department News

148 results, from 1
Report

Martin Harding has successfully defended his dissertation

Martin Harding has successfully defended his dissertation

18.08.2020| Martin Ignacio Harding
DIW focus

ECB and Fed monetary policy measures against the economic effects of the coronavirus pandemic have little effect

To cushion the economic effects of the coronavirus pandemic, central banks have taken far-reaching monetary policy measures. The US Federal Reserve has lowered its interest rates and, like the European Central Bank, has expanded its bond purchase programs. However, it is questionable whether these measures are having the desired effect of calming the markets and supporting the real economy. It is...

27.04.2020| Kerstin Bernoth, Geraldine Dany-Knedlik, Anna Gibert
DIW focus

Housing Policies Worldwide during Coronavirus Crisis: Challenges and Solutions

The coronavirus pandemic, which began in December 2019 and is currently spreading rapidly around the world, is having a noticeable impact on the economy and thus also on the real estate market. Since the measures to curb the spread are causing economic activities to decline massively, small and medium-sized companies in the service, hospitality, and transport sectors in particular, but the self...

06.04.2020| Konstantin A. Kholodilin
Report

European banking landscape between diversity, competition and concentration

The new issue of the Vierteljahrshefte zur Wirtschaftsforschung 4/2018 (Quarterly Journal of Economic Research) on European banking landscape between diversity, competition and concentration is now available. Causes and consequences of institutional diversity are a largely neglected issue in economics. Only in finance, institutional variety has been at times acknowledged, though not in its ‘institution-free’ ...

09.10.2019| Dorothea Schäfer
Personnel news

Tatsiana Kliatskova has successfully defended her dissertation

Tatsiana Kliatskova, who works at the Macroeconomics department, has successfully defended her dissertation at the Freie Universität Berlin. The dissertation with the title "Essays in International Finance" was supervised by Prof. Dr. Helmut Lütkepohl (DIW Berlin, Freie Universität Berlin) and Prof. Marcel Fratzscher, Ph.D. (DIW Berlin, Humboldt-Universität zu Berlin). We congratulate ...

11.07.2019
Personnel news

Khalid ElFayoumi has successfully defended his dissertation

Khalid ElFayoumi, who works at the Macroeconomics department, has successfully defended his dissertation at the Freie Universität Berlin.The dissertation with the title "Heterogeneity in Macro-Finance: The Role of Disaggregate Dynamics in Aggregate Fluctuations" was supervised by Prof. Dr. Helmut Lütkepohl (DIW Berlin, Freie Universität Berlin) and Prof. Marcel Fratzscher, Ph.D. ...

11.07.2019
Personnel news

Daniel Bierbaumer has successfully defended his dissertation

Daniel Bierbaumer, who worked at the Macroeconomics department, has successfully defended his dissertation at the Humboldt-Universität zu Berlin.The dissertation with the title "Commodity Pricing, Credit and Capital Flows: The Role of Financial Intermediaries" was supervised by Prof. Marcel Fratzscher, Ph.D. (DIW Berlin, Humboldt-Universität zu Berlin) and Prof. Dr. Florentine Schwark ...

03.06.2019
Weekly Report

20 Years of Common European Monetary Policy: Reasons to Celebrate

by Jan Philipp Fritsche and Patrick Christian Harms Twenty years after the introduction of the euro, this Weekly Report uses an empirical analysis to assess the performance of monetary policy in the EMU founding states. It is often claimed that the monetary policy of the European Central Bank (ECB) cannot outperform its national predecessors, as the euro area countries experience different business ...

15.05.2019| Jan Philipp Fritsche
Press Release

More Europe: 13 challenges—13 solutions for more convergence, stability, and competition

Around 20 DIW Berlin economists present solutions to European challenges - Uniform conditions can make the EU more resilient - Better incentive systems ensure more convergence - Europe must be united in countering global economic risks such as the US tariff dispute Growth and progress towards equal living conditions across the European Union continues, but the crises of recent years have shown that ...

02.05.2019
Weekly Report

Italy Must Foster High Growth Industries

by Stefan Gebauer, Alexander S. Kritikos, Alexander Kriwoluzky, Anselm Mattes and Malte Rieth Italy has yet to recover from the economic consequences of the financial and sovereign debt crisis that began more than a decade ago. In addition to losing 1.4 million jobs across the manufacturing and construction sectors, new industries driving growth across the EU, such as knowledge-intensive services, ...

27.02.2019| Stefan Gebauer, Alexander S. Kritikos, Alexander Kriwoluzky, Malte Rieth
Report

Call for papers Quarterly Journal of Economic Research 4-2019: Debt – Blessing or Curse?

More than ten years after the outbreak of the Great Financial Crisis and almost ten years since the beginning of the European sovereign debt crisis, questions about the opportunities and risks of debt and debates about debt brakes have remained acute. Debt is the driving force behind investment, economic growth and prosperity: without the indebted­ness of private households, companies and governments, ...

29.01.2019| Dorothea Schäfer
Weekly Report

Global Economy and the Euro Area: Uncertainty Weighs on Trade and Investment: DIW Economic Outlook

By Claus Michelsen, Dawud Ansari, Guido Baldi, Geraldine Dany-Knedlik, Hella Engerer, Stefan Gebauer, Malte Rieth, and Aleksandar Zaklan The global expansion weakened somewhat in the third quarter while the downside risks have increased. DIW Berlin’s forecast—almost unchanged—indicates an expansion in global economic production of 4.3 percent for 2018 and 3.9 percent for 2019. In ...

18.12.2018| Dawud Ansari, Guido Baldi, Geraldine Dany-Knedlik, Stefan Gebauer, Claus Michelsen, Malte Rieth, Aleksandar Zaklan
Weekly Report

Growth Rate of German Economy Normalizing after Prolonged Economic Boom: DIW Economic Outlook

By Claus Michelsen, Christian Breuer, Martin Bruns, Max Hanisch, Simon Junker, and Thore Schlaak The German economy continues to perform well although the boom has ended. However, at 1.5 percent, German GDP will increase this year at a lower rate than expected at the beginning of the year. Nevertheless, concerns about an imminent recession should give way to the assessment that the pace of the German ...

18.12.2018| Martin Johannes Bruns, Max Hanisch, Simon Junker, Claus Michelsen, Thore Schlaak
Weekly Report

EU government bonds and banks: home bias pervasive throughout member states but capital requirements differ greatly

By Dominik Meyland and Dorothea Schäfer The current banking regulatory framework assigns EU government bonds a risk weight of zero. Since the European debt crisis, there has been increasing controversy over eliminating this equity capital privilege, which is viewed as contributing to the close relationship between state and bank risks. This report analyses the development of home bias—the ...

11.12.2018| Dorothea Schäfer
Weekly Report

Rental market regulation over the last 100 years in an international comparison

by Konstantin Kholodilin, Jan Philip Weber und Steffen Sebastian  Residential rental markets regulations have become an integral part of everyday life in Germany as in almost all other countries. The strong house price and rent increases over the past decade have fueled social debate on this issue. Tenant movements worldwide are demanding tighter regulations and advocating for affordable housing ...

07.11.2018| Konstantin A. Kholodilin
Weekly Report

A sustainable development of inflation in euro area requires continuously improving labor market

In the past five years, the inflation in the euro area has been well below the European Central Bank’s (ECB) aimed inflation rate of close to but below two percent for achieving its objective of price stabilization in the medium term. The present analysis shows that expectations of low inflation, rising cyclical unemployment, and external factors such as low crude oil prices were responsible. ...

24.10.2018
Weekly Report

Policy Responses to Turkey’s Crisis: Independent Central Bank and International Credit

The presently tenuous situation in Turkey will worsen if the government does not take appropriate policy action. In view of foreign investors’ loss of confidence, the cost of external financing is likely to rise while consumption and investment will fall, and the Turkish lira would depreciate further. The influx of foreign capital would dry up as well. Conservative estimates show that the country’s ...

19.09.2018| Alexander Kriwoluzky, Malte Rieth
Personnel news

Annika Schnücker has successfully defended her dissertation

Annika Schnücker, who works at the Macroeconomics department, has successfully defended her dissertation at the Freie Universität Berlin. The dissertation with the title "Model Selection for Panel Vector Autoregressive Models" was supervised by Prof. Dr. Helmut Lütkepohl (DIW Berlin, Freie Universität Berlin) and Prof. Dr. Dieter Nautz (Freie Universität Berlin). We ...

17.07.2018
Report

Call for Papers: Quarterly Journal of Economic Research 1/2019

„Future of capital funded old age provision in Germany – sovereign wealth funds versus individual retirement accounts“Editors: Timm Bönke, Markus M. Grabka and Carsten SchröderIn May 2018, the German Federal Ministry of Labour and Social Affairs duly convened the pension commission “reliable inter-generational contract (Verlässlicher Generationenvertrag)”. ...

09.07.2018| Markus M. Grabka, Carsten Schröder
Weekly Report

The global economy and the euro area: Increased uncertainty is dampening growth

The political conditions for growth are currently dominated by increased uncertainty; this is particularly weighing on investment activity and slowing down the global economy. DIW Berlin is lowering its forecast slightly for this year and the next to 4.1 percent and 3.9 percent, respectively. However, global expansion appears to remain intact. In developed economies, primarily the good labor market ...

15.06.2018| Stefan Gebauer, Malte Rieth
148 results, from 1
keyboard_arrow_up