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Press Release

Target-Balances - Anchor of Stability

Since the beginning of the crisis, large Target 2 positions developed on the balance sheets of the national central banks in the euro area. At the height of this development in the middle of 2012, the German Bundesbank disclosed Target-claims vis-à-vis the ECB amounting to around 750 billion euro. Since then, the balances decreased and currently amount to 570 billion Euro, which is still considerably ...

30.10.2013
Economic Bulletin

"Lack of Training for Young People Continues to be a Cause for Concern". Seven Questions to Karl Brenke

in: DIW Economic Bulletin 07/2013"Lack of Training for Young People Continues to be a Cause for Concern". Seven Questions to Karl Brenke

15.07.2013
Report

Event Review: Europe's Reluctant Hegemon

Europe's Reluctant Hegemon, 14 June 2013, DIW BerlinA podcast (mp3) of the presentation by Zanny Minton Beddoes can be downloaded here. On June 15, 2013, the international affairs magazine The Economist published a Germany Special Report, analyzing Germany's economy, politics, and external image. In a remarkably short space of time, the country written off as the "sick man of Europe" only ...

18.06.2013
Report

The ECB must open itself up

Guest Comment by  Marcel Fratzscher in: Financial Times (10th of June 2013) On Tuesday, the conflict between the European Central Bank and the Bundesbank will turn into a showdown before the German constitutional court on the legality of eurozone policy decisions. No matter how the court eventually rules, the case is straining a difficult relationship. It is time to defuse this eurozone time bomb. ...

12.06.2013
Economic Bulletin

Measuring Well-Being: W3 Indicators to Complement GDP

By: Marco Giesselmann, Richard Hilmer, Nico A. Siegel, Gert G. Wagner in: DIW Economic Bulletin 05/2013.Plenty of people in Germany, including politicians and researchers, believe that gross domestic product (GDP) is an outdated indicator of a society’s prosperity. Therefore, at the end of 2010, the German Bundestag, the federal parliament, established a study commission (Enquete Kommission) ...

13.05.2013
Press Release

Sharp Drop in Youth Unemployment in Germany But Regional Differences Remain

Youth unemployment in Germany has fallen to its lowest level since German reunification. Between 2005 and 2012, unemployment among under 25 year olds has more than halved. By international standards, Germany is in an exceptionally good position. Nowhere in Europe is youth unemployment lower. However, this is not so much due to structural improvements or positive labor market growth than to demographic ...

08.05.2013
Comment

Beyond GDP: “W3-Indicators” and an Annual Report on Wellbeing

The German Bundestag’s Study Commission on Growth, Wellbeing, and Quality of Life completed its work (Final Report Part1 & Part 2). Contrary to public expectations and media commentary, the Commission achieved its main goal: to relativize the importance of economic indicators, most prominently gross domestic project (GDP), in the public and political discussion. The Study Commission ...

22.04.2013
Report

Scapegoating Germany is easy but wrong

EU governments need to convince their citizens that reforms are necessary, says Marcel Fratzscher in: Financial Times (10th of April 2013) The most terrifying words in the English language, according to Ronald Reagan, are: “I’m from the government and I’m here to help.” Today, for some Europeans, they are: “I’m from the EU and I’m here to bail you out.” ...

15.04.2013
Press Release

Germany slips to third largest exporting nation - nevertheless, exports have never been as important to the country as they are today

Since last year, Germany has not even been runner-up in visible exports. It has been overtaken by China, and now the US, on the list of the most prolific global exporting nations. But does this mean losing more than just an attention-grabbing title? Are exports becoming less important to Germany? A closer look at structures and trade patterns shows that in fact the opposite is true. Exports have never ...

06.03.2013
Press Release

Alternative Measurements of Prosperity: Nine Indicators to Supplement and Relativize the GDP

Numerous people in Germany, including politicians and researchers, believe that the gross domestic product (GDP) is an outdated indicator of a society's prosperity. Therefore, at the end of 2010, the German Bundestag, the federal parliament, established a study commission (Enquete-Kommission) tasked with developing an alternative to the GDP for measuring growth, prosperity, and quality of life. This ...

01.03.2013
Report

EU-US free trade deal could be costly

The wrong signal is being sent at the wrong time, writes Marcel Fratzscher in: Financial Times (21st of February 2013) There is a lot of hype about the prospects of an EU-US free trade agreement, especially in the wake of Barack Obama’s State of the Union address last week. Supporters point to the benefits such an agreement could bring to both economies. Yet the costs are likely to outweigh the ...

22.02.2013
Press Release

Increasing Number of Solo Entrepreneurs but Incomes Often Low

Over the past two decades, the number of self-employed in Germany has risen dramatically. This is almost exclusively due to an increasing number of self-employed persons without employees (solo entrepreneurs). There has been a particularly marked escalation in the number of self-employed women. Although some solo entrepreneurs command high incomes, the average earnings of this section of the workforce ...

13.02.2013
Press Release

Working Instead of Retiring: Increasing Number of Retirement-Aged People Still in Employment

Between 2001 and 2011, the number of retirement-aged people in Germany still in employment approximately doubled to almost 760,000. The over-65 age group rose faster than any other in the workforce during this period. DIW Berlin has examined the employment situation of older workers in Germany in an attempt to find the underlying causes of this sharp increase. The results: the reason for this significant ...

06.02.2013
Economic Bulletin

Industrial Development: France and Germany Drifting Apart

By: Karl Brenke in: DIW Economic Bulletin 02/2013. The significance of the manufacturing sector for the economies of both the European Union and the euro area has declined dramatically over the past ten years. However, development varied between the individual member states, which is particularly evident in a comparison between France and Germany. The manufacturing industry in Germany was able to maintain ...

01.02.2013
Economic Bulletin

"Germany Needs Stronger Wage": Five Questions to Karl Brenke

"Germany Needs Stronger Wage": Five Questions to Karl Brenke in: DIW Economic Bulletin 02/2013

01.02.2013
Press Release

Industrial Development: Germany and France Drifting Apart

The significance of the manufacturing sector for the economies of both the European Union and the euro area has declined dramatically over the past ten years. However, development varied between the individual member states, which is particularly evident in a comparison between Germany and France. The manufacturing industry in Germany was able to maintain its position within the national economy, halting ...

28.11.2012
Report

Visit of Editorial Board of the Review of Economic Studies to DIW Berlin

DIW Berlin welcomes the Editorial Board of the Review of Economic Studies on September 20 and 21. The Review of Economic Studies is one of the five highest ranked academic journals in Economics. The executive board of the jounal's editorial board holds its annual meeting this year in the Schumpeter Hall of DIW Berlin.

20.09.2012
Economic Bulletin

Unemployment in Europe: Young People Affected Much Harder Than Adults

Unemployment in Europe: Young People Affected Much Harder Than AdultsBy: Karl Brenke in: DIW Economic Bulletin 9/2012.The crises of the past few years have led to a significant increase in youth unemployment in Europe. This, in turn, has highlighted the long standing phenomenon of well above average youth unemployment. In some countries, the youth unemployment rate reached unprecedented levels, although ...

07.09.2012
Report

Unemployment in Europe: Youth are much more affected than adults

Abstract: The crises of the past few years have led to a significant increase in youth unemployment in Europe. This, in turn, has highlighted the long-standing phenomenon of well above average youth unemployment. In some countries, the youth unemployment rate reached unprecedented levels, although the rise of unemployment among young people was no more significant than among adults. Furthermore, the ...

25.07.2012
Report

GC Summer Workshop 2012 a big success

From June 28 to 30, the first Graduate Center Summer Workshop took place in the avendi Hotel at Griebnitz Lake in Potsdam and turned out to be a big success. During the three-day workshop, GC09 and GC10 doctoral students presented their current research and received feedback from their supervisors and peers. The workshop was well attended by more than 50 professors, doctoral students and external guests. ...

06.07.2012
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