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Economic Determinants of Populism

The rise of populism challenges numerous Western democracies and their institutions. In this round-up, we examine economic and societal conditions that are driving forces behind populism. We focus on five domains that are closely interlinked with populist support: globalization, financial crises, migration, inequality, and social mobility. Each domain offers unique insights into how societal...

Economic Determinants of Populism

The rise of populism challenges numerous Western democracies and their institutions. In this round-up, we examine economic and societal conditions that are driving forces behind populism. We focus on five domains that are closely interlinked with populist support: globalization, financial crises, migration, inequality, and social mobility. Each domain offers unique insights into how societal shifts, ...

Investments in energy-efficient building renovation are on a downward slide

Scenario Analysis for Net Zero: The Applicability of Climate Neutrality Studies for Transitioning Firms in the German Building Sector and Energy-Intensive Industry

Various stakeholders are increasingly encouraging companies from the real economy to adopt measures facilitating their transition towards carbon neutrality. In this context, companies are expected to implement forward-looking strategies and climate-related reporting practices using scenario analysis aligned with scientific evidence and credible pathways to net zero carbon emissions. This paper examines ...

Investments in Energy-Efficient Building Renovation Are on a Downward Slide

According to the latest review report of the Council of Experts on Climate Change, the German building sector failed to meet its greenhouse gas emission reduction targets in 2022. This is in part because investments in energy-efficient building refurbishment—supported by all kinds of policy measures— has neither been low nor shown a consistently positive trend over the past ten years. Furthermore, ...

Despite Crises, the Stability of the Euro Is Rooted in the Middle Class

In the 24 years since its introduction, the euro has experienced a financial crisis, a government debt crisis, a global pandemic, and an energy crisis—and survived. Using a model focusing on households, this Weekly Report shows that the monetary union’s stability is rooted in the fact that the middle class neither gains nor loses significantly relative to an independent currency following business ...

SOEPcompanion v38

Flexible Heat Pumps: Must-Have or Nice to Have in a Power Sector with Renewables?

Heat pumps are a key technology for reducing fossil fuel use in the heating sector. A transition to heat pumps implies an increase in electricity demand, especially in cold winter months. Using an open-source power sector model, we examine the power sector impacts of a massive expansion of decentralized heat pumps in Germany in 2030, combined with buffer heat storage of different sizes. Assuming that ...

SOEP-LEE2: Linking Surveys on Employees to Employers in Germany

This article presents the new linked employee-employer study of the Socio-Economic Panel (SOEP-LEE2), which offers new research opportunities for various academic fields. In particular, the study contains two waves of an employer survey for persons in dependent work that is also linkable to the SOEP, a large representative German annual household panel (SOEP-LEE2-Core). Moreover, SOEP-LEE2 includes ...

Monetary Policy in the Age of Automation