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Press Release
The youth unemployment is still much higher than the unemployment of those aged 25 years and older – Decrease in unemployment primarily due to a drop in the number of young people and the greater number remaining in education – Political measures against youth unemployment prove ineffective
Although the youth unemployment rate in the EU has plummeted in recent years, it is still difficult ...
02.11.2017
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Economic Bulletin
Central banks frequently intervene in foreign exchange markets. Using recognized criteria this report analyzes the probability of success in a data set of 4,500 intervention episodes in 33 countries. It is important to differentiate among exchange rate regimes because each focuses on a different goal. While flexible exchange rate regimes intervene less frequently and seek to influence trends, other ...
02.11.2017| Tobias Heidland, Lukas Menkhoff
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Press Release
The German economy’s strong upswing continues. At 112 points, the Economic Barometer published by the German Institute for Economic Research (DIW Berlin) continues to signal GDP growth that is well above average: 0.7 percent in the third quarter and 0.9 percent in the fourth. “The German economy is heading toward 2018 at full speed,” said Ferdinand Fichtner, head of forecasting at ...
01.11.2017
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Economic Bulletin
In Germany, four political parties are currently struggling to forge a mutual platform of government. In the wake of the last election, the share of female MPs in the German parliament, the Bundestag, declined significantly. Gender equality nevertheless needs to play a central role in the new government program. On the labor market, gender equality is still a faraway goal. The same is also true for ...
26.10.2017| Katharina Wrohlich
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Economic Bulletin
The German labor market is characterized by marked occupational segregation between women and men. The median earnings in female dominated occupations are lower than those in male dominated professions. This is one of the reasons for the gender pay gap. However, there are also large differences in earnings between men and women within occupations. These profession-specific gender pay gaps are smaller ...
26.10.2017| Katharina Wrohlich, Aline Zucco
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Economic Bulletin
This study quantifies gender-specific differences in retirement income in Germany, Denmark, and France. We show that the “gender pension gap” in Germany is higher than in France and much higher than in Denmark. This ranking is similar to the ranking in the gender pay gap, where Germany has also the highest gender difference. The authors also investigate gender-specific differences in health, ...
26.10.2017| Peter Haan, Anna Hammerschmid
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Statement
Marcel Fratzscher, president of the German Institute for Economic Research (DIW Berlin), comments the latest ECB council meeting as follows:
26.10.2017| Marcel Fratzscher
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Report
On September 30, 2015, the European Commission adopted an action plan to create a European Capital Markets Union (CMU). The chief purpose was to ease the access of small and medium-sized companies as well as start-ups to funds, in particular through raising funds in public capital markets. CMU should also create an environment conducive to long-term, sustainable investment, including in infrastructure. ...
26.10.2017| Dorothea Schäfer
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Economic Bulletin
Private household expenditures on child care in centers have significantly risen: from an average of 98 euros per month in 2005 to just under 171 euros in 2015 for a child under three and for children three and older (“Kindergarten” age group), from 71 to 97 euros in the period between 1996 and 2015. At the same time, more and more households are completely exempt from paying fees for day ...
19.10.2017| Sophia Schmitz, C. Katharina Spieß
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Report
DIW on the 4th and 5th of October, 2017 invited representatives from 14 research institutes across Europe to convene in Berlin. The SET-Nav project under the direction of Vienna University of Technology focuses on establishment of a clean, safe, and efficient energy pathways for the European SET Project.
The project partners, including the NTNU Trondheim (Norway), Universidad Comillas Madrid and Fraunhofer ...
11.10.2017| Franziska Holz
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Economic Bulletin
For social and economic reasons, national economies benefit from the inclusion of as many people as possible in financial services. In a cross country study, the present study shows that financial literacy for the general population promotes financial inclusion. This relationship goes beyond the effect of higher economic or financial development. And the effect of higher levels of financial literacy ...
11.10.2017| Antonia Grohmann, Lukas Menkhoff
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Report
We would like to remind you of the possibilities of the SOEP Innovation Sample (SOEP-IS) and encourage you to consider using this instrument in developing new empirical research questions. SOEP-IS is well suited to short-term experiments, but it is particularly useful for long-term surveys that are not possible in the framework of the core SOEP—whether because the instruments are not yet established ...
28.09.2017
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Press Release
Press release of the project group "Gemeinschaftsdiagnose": German Institute for Economic Research (DIW Berlin), Halle Institute for Economic Research (IWH), ifo Institute, Kiel Institute for the World Economy (IfW), RWI - Leibniz Institute for Economic Research
The German economic upturn has gained both in terms of strength and breadth. In addition to consumer spending, external trade and investments ...
28.09.2017
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Economic Bulletin
The costs of renewable energy technologies have fallen sharply. Now the financing costs of new installations are playing an increasing role in the overall cost of Germany’s energy transition. This has put the primary focus of support instruments for renewable energy on creating more affordable financing conditions for investments. This report compares the effects of various policy instruments ...
27.09.2017| Ingmar Jürgens, Nils May, Karsten Neuhoff
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Comment
The euro area has recently seen some good news. A broad-based economic recovery is under way. Significant institutional reforms have been achieved, particularly in the area of banking union. Significant economic reforms are under way in several countries, including in France. As French and German economists committed to Europe and to the friendship between our countries, we are nonetheless concerned ...
27.09.2017| Marcel Fratzscher
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Economic Bulletin
Residential heating is responsible for one-fifth of Germany’s energy consumption. Heating costs were around 562 euros per year for an average apartment in 2016, which is more than a 13th month’s rent minus heating costs (Kaltmiete). These are the findings of the 2016 Heat Monitor, published by the German Institute for Economic Research and ista Deutschland GmbH. The report presents evaluations ...
20.09.2017| Claus Michelsen
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Economic Bulletin
Although many political authorities endorse the basic goal of parity between men and women across the board, reality does not yet reflect this in Germany. In the German Bundestag, for example, at present 37.1 percent of representatives are women. Divided among the six parties with the greatest likelihood of being elected to the Bundestag, a total of 1,979 people are running for office in the upcoming ...
13.09.2017| Ronny Freier, Johanna Mollerstrom
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Economic Bulletin
The German economy’s upswing is holding steady. The fine state of the world economy and robust domestic economic development are driving Germany’s GDP growth. After an unexpectedly strong first half of 2017, the German Institute for Economic Research (DIW Berlin) forecasts 1.9 percent growth for Germany’s GDP this year and next. In June, DIW Berlin anticipated 1.5 percent growth for ...
08.09.2017
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Economic Bulletin
This year and next, global GDP will grow more strongly than expected. The growth rate should be just under four percent. In developed economies, the continuing improvement in the job market situation will drive consumption. Corporate investment activity will also gain momentum. Over the forecast horizon, a slowly rising inflation rate and somewhat tighter monetary policy will gradually slow private ...
08.09.2017
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Economic Bulletin
The German economy is on track for continued growth. Due to the unexpectedly robust first six months of 2017, the German Institute for Economic Research is raising its forecast for GDP growth to 1.9 percent for the current year. This year and arguably for the coming two years, the country’s output will exceed potential output; nonetheless, there is no risk of overheating. Economic growth will ...
08.09.2017