On the occasion of the German-French Council of Ministers, today the Group of German-French Experts convened at the French Ministry of Economics and Finance in Paris. The Group, established in January 2003, is headed by Prof. Dr. Klaus F. Zimmermann (President of the German Institute for Economic Research and Director of IZA (Institute for the Study of Labor), Bonn) and Prof. Christian Stoffaës (President ...
In the course of 2004, world economic growth has decelerated. The growth momentum, however, remained substantial due to favorable financing conditions, high corporate profits and increasing asset prices which supported private demand in the global economy. Several factors have been responsible for the slowdown. The strong increase in commodity prices reduced purchasing power in the industrial countries. ...
At the annual meeting of the Association of German Economic Research Institutes (ARGE) on 14 April 2005, Prof. Dr. Klaus F. Zimmermann, President of DIW Berlin and Director of the Research Institute for the Study of Labor (IZA) in Bonn was elected director. Prof. Dr. Klaus F. Zimmermann succeeds Prof. Dr. Thomas Straubhaar, who was not available for this office anymore
The dramatic labor market situation clearly shows that economic revival is still urgently needed in Germany. However, large-scale structural reforms cannot take place overnight. For this reason, Professors Michael Hüther (Institute for Economic Policy at the University of Cologne), Thomas Straubhaar (HWWA- Institute for Economic Research in Hamburg) and Klaus F. Zimmermann (German Institute for Economic ...
The employment structures of East European EU countries and entry candidates are still markedly different from market economies with a per capita income as that in West European countries. This is the conclusion of an analysis published in the latest Weekly Report of DIW Berlin 51/2004. Using a data record for market economies at various levels of development, a standard unit for comparison („benchmarks“) ...
According to the latest weekly report of DIW Berlin 50/2004, against the background of an overall positive development in 2005 in Europe and also in Germany, German industrial output will continue to substantially increase, achieving a good 3% growth (adjusted to 3,7% per working day). In 2004, German industrial output increased more than originally expected; the 2003 level should exceed 2004 by 4% ...
The European Stability and Growth Pact as a major instrument of political-economic discipline is in need of reform. This is the key conclusion presented in the latest issue of the Quarterly Journal of Economic Research published by DIW Berlin. Under the title On the Future of the Stability and Growth Pact, renowned economists analyze the weaknesses of the pact based on present experiences, and expound ...
From January 1, 2005 on, Prof. Dr. Alfred Steinherr will act as interim Head of Department of Macro Analysis and Forecasting at DIW Berlin. Steinherr (60) will fulfill this function in addition to his position as Chief Economist at the European Investment Bank (EIB). Alfred Steinherr has served as Chief Economist at the EIB since 1995. Prof. Dr. Klaus F. Zimmermann, President of DIW Berlin, said: “We ...