DIW Berlin's Climate Policy department has played an active role in coordinating the dialogue process between academic partners under the "Economics of Climate Change" program of the German Federal Ministry of Education and Research (BMBF) and stakeholders from the business, civil society and governance communities. This dialogue process included a transfer of knowledge and scientific results...
Over the last 20 years, Berlin has developed into Germany’sself-employment capital and into a startup hub. A large number ofinnovative companies have been launched.The city has become aninternationally renowned magnet for creative startups. Mainly usingofficial statistical data, the present report shows that the startuptrendin Berlin is above average compared to other major cities inGermany while it ...
In Berlin, as elsewhere, public investment is critical to an individual’s life satisfaction and a prerequisite for positive economic development. There are many fields of activity for public investment. For instance, the tasks for Berlin include a sustainable transport concept that maintains and develops the local passenger transport network, a sustainable cycle concept, new schools need to be built ...
China’s government is promoting the shift towards a consumption-based economy since a few years. The explicit goal to significantly raise the percentage of wages in the national household income is integral part of the 12th Five-Year Plan (2011-15). The changes in the economic strategy are likely to affect the attractiveness of the country to foreign investors. In this paper, we raise the hypothesis ...
We study the macroeconomic effects of unconventional monetary policy in the euro area using structural vector autoregressions, identified with an external instrument. The instrument is the common unexpected variation in euro area sovereign spreads for different maturities on policy announcement days. We first show that expansionary monetary surprises are effective at lowering public and private interest ...
The paper aims at measuring the general state intervention in rental housing market in Germany from 1913 through 2015. Four policy classes are considered: Incentives for social housing, tenant protection, housing rationing, and rent controls. Based on a legislation analysis, for each class an index measuring the degree of regulation is constructed. The indices reflect dramatic increases in regulations ...
The upheaval in global crude oil markets and the boom in shale oil production in North America brought scrutiny on the US export ban for crude oil from 1975. The ban was eventually lifted in early 2016. This paper examines the shifts of global trade flows and strategic refinery investments in a spatial, game-theoretic partial equilibrium model. We consider detailed oil supply chain infrastructure with ...
