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Interregional Contact and National Identity

In forming a new German government, we now need speed and courage

Marcel Fratzscher, President of the German Institute for Economic Research (DIW Berlin), comments on the election for the 20th German Bundestag as follows:

Hospital Mergers Can Impact the Offer of Health Care Services

In the last decades, many European hospital markets witnessed a wave of mergers leading to increased levels of market concentration. The effects of hospital mergers and the effectiveness of competition enforcement have been discussed by politicians but understudied by academics. This report studies how hospital mergers impact hospital service provision by focusing on the French hospital industry from ...

Estimating the Capital Stock of Transport Infrastructure

Income Business Cycles

Using a wide variety of business cycle dating and filtering techniques, this paper documents the cyclical behavior of the post-tax income distribution in the US. First, all incomes are cyclical and co-move with the business cycle. Second, lower and higher income individuals experience significantly larger fluctuations across the business cycle than middle-income individuals. Third, these fluctuations ...

Collective Action: New Guiding Principles for International Climate Finance

To limit global warming to 1.5 degrees Celsius, it is necessary for industrialized countries to support developing countries financially. The channels and mechanisms under which this support would be provided are known as International Climate Finance. Building upon expert interviews with a focus on the industrial sector, this report analyses the different areas of International Climate Finance and ...

Sovereign Default Risk, Macroeconomic Fluctuations and Monetary-Fiscal Stabilization

This paper examines the role of sovereign default beliefs for macroeconomic fluctuations and stabilization policy in a small open economy where fiscal solvency is a critical problem. We set up and estimate a DSGE model on Turkish data and show that accounting for sovereign risk significantly improves the fit of the model through an endogenous amplification between default beliefs, exchange rate and ...

CFM-Traction joint Germany-Poland online workshop

This event, organized in the context of the CFM-TRACTION  project, is a small-scale joint workshop with key stakeholders in industrial decarbonisation across German and Poland. We are bringing together key voices to discuss the results from our series of national workshops, to discuss and compare perspectives on the national level between the two countries.

CFM-Traction European Dialogue:The Policy Toolkit for Net-Zero Industrial Innovation

This event, organized as part of  the CFM-TRACTION  project, is designed as a stakeholder dialogue to accelerate progress towards an effective policy framework to support net-zero industrial innovation. At the event we aim to: ·    Exchange knowledge on policy instrument design, synergies in the policy mixes, the structure of an effective policy packages and its...

Webinar: A robust CBAM design to unlock climate-friendly industry investments at EU scale

This webinar  brought together experts, industry representatives, and policymakers to discuss how the carbon border adjustment mechanism (CBAM) can play its part in the Fit for 55 (F55) package and unlock climate-friendly investments at EU scale. In particular, it offered a space to discuss an alternative design option for the CBAM, often referred to as the excise option (option 6 in the...