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Competition and Pass-through: Lessons from the Greek Islands

Industrial policy and free trade – Managing tensions, exploiting synergies

Free, fair, and diversified trade plays a crucial role in the development of new technologies and thus also in the success of industrial and innovation policy strategies. Access to critical raw materials and other inputs, such as semiconductors or steel scrap, is often a prerequisite for the development of new technologies, including in the important areas of digitalization and decarbonization. At...

Industrial Policies and Market Dynamism – what role for competition policy in industrial strategies?

Amidst a global battle for technological leadership in fast-changing and emerging industries, Europe has been losing competitiveness. Productivity remains weak. While innovation is taking place in the EU, its large-scale commercialisation often occurs abroad – along with the creation of new firms and employment that accompany it. Industrial policy could help address these challenges, but too often...

More cohesion on climate issues?

More cohesion on climate issues? The vast majority (71 percent) of Germans would like to see their politicians do much more to combat climate change, with 83 percent reporting they are concerned about climate change. At the same time, many people are worried about the economic consequences of climate policy. Only eight percent are clearly opposed to ecological transformation – a small but potentially ...

More cohesion on climate issues?

The vast majority (71 percent) of Germans would like to see their politicians do much more to combat climate change, with 83 percent reporting they are concerned about climate change. At the same time, many people are worried about the economic consequences of climate policy. Only eight percent are clearly opposed to ecological transformation – a small but potentially divisive group. These and other ...

Public Policies and the Housing Affordability Gap

Between 1950 and 2023, the housing cost burden — approximated by the proportion of total household consumption expenditure spent on housing, water, electricity and fuel — has risen almost steadily in many countries around the world. First, this trend can be explained by substantial improvements in the quantity and quality of housing. In fact, in some countries (e.g., Germany), per capita floor space ...

Complementary Funding: How Location Links Crowdfunding and Venture Capital

While Equity Crowdfunding (ECF) platforms are a virtual space for raising funds, geography remains relevant. To determine how location matters for entrepreneurs using equity crowdfunding (ECF), we analyze the spatial distribution of successful ECF campaigns and the spatial relationship between ECF campaigns and traditional investors, such as banks and venture capitalists (VCs). Using data from the ...

Ignite: How to Stay Focused and Resilient in Academic Life

Academic life is full of challenge and possibility. You get to ask big questions, dive deep into ideas, and push the boundaries of what’s known. But the same environment — with its high expectations and constant deadlines — can leave you stretched thin, stuck in your head, and unsure if you’re doing enough. Neeltje van Horen knows that tension well. As a professor of economics and senior advisor...

Aligning Competition Policy and Industrial Policy in the EU

Trade conflicts, geopolitical tensions, digital disruption, and the climate crisis pose major challenges for the European Union (EU) and its member states. As called for in the Draghi Report, industrial policy measures can increase competitiveness, strengthen resilience, and facilitate the twin transformation. This article explores ways in which competition policy can be realigned to better accommodate ...

Video Review: The Downside of Fertility: DIW 100 Lecture - Keynote Speech by Nobel Prize Laureate Claudia Goldin