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Economic Outlook
Energy price shock slows German economy— Global growth remains moderate
German Economy
Global Economy
Links and Downloads
Energy price shock triggered by the Iran War stalls the nascent recovery of the German economy—technical recession expected around mid-year
Deep downturn comparable to 2022/23 remains unlikely—shock is smaller, energy supply remains secure, and expansionary fiscal policy provides ...
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Personnel news
Lorenz Meister, Research Associate in the SOEP Department, successfully defended his dissertation entitled “Essays on Economic Beliefs, Risk Preferences, and Political Attitudes in Contemporary Democracies” on June 18, 2026. He was supervised by Carsten Schröder and Panu Poutvaara. Congratulations!
19.06.2026
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Video
With shifting geopolitical tectonics Europe is in urgent need to build autonomy in defence and deterrence. As military spending is increasing significantly, Germany and Europe need an industrial strategy that helps the continent build a stronger and more independent role in developing modern defence and dual use technologies, foster competition and innovation and expand European defence production...
18.06.2026
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Refereed essays Web of Science
This study investigates whether having daughters impacts political preferences and whether this effect varies across European countries. We estimate effect sizes for 39 countries in the European Social Survey (n = 156,236) and aggregate estimates using random-effects meta-analysis, following a preregistered analysis plan. We find significant evidence that having daughters increases the preference for ...
In:
Journal of Economic Behavior & Organization
248 (2026), 107641, 14 S.
| Yifan Yang, Magnus Johannesson, Anna Dreber, Frank Fossen, Levent Neyse, Felix Holzmeister
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Infographic
18.06.2026
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Externe Working Papers
This paper highlights an underexplored margin of heterogeneity that shapes resilience to disruptions in global shipping - the differential reliance of countries and sectors on specific categories of vessels. We combine US bills of lading records with ship registry and AIS-based port call data to document new stylized facts on vessel deployment, including switching patterns across ships, country specialization ...
London:
CEPR,
2026,
53 S.
(Discussion Paper Series / Center for Economic Policy Research ; 21247)
| Sonali Chowdhry, Inga Heiland, Hendrik Mahlkow
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Refereed essays Web of Science
To ensure security of supply in the power sector, many countries are considering capacity mechanisms. Simultaneously, the expansion of variable renewables increases the need for power sector flexibility, with promising options on the demand side. We analyze how a centralized capacity market and an advanced reliability reserve with a moderately high activation price affect demand-side flexibility investments ...
In:
iScience
29 (2026), 6, 116176, 15 S.
| Franziska Klaucke, Karsten Neuhoff, Alexander Roth, Wolf-Peter Schill, Leon Stolle
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Externe Working Papers
This paper highlights an underexplored margin of heterogeneity that shapes resilience to disruptions in global shipping - the differential reliance of countries and sectors on specific categories of vessels. We combine US bills of lading records with ship registry and AIS-based port call data to document new stylized facts on vessel deployment, including switching patterns across ships, country specialization ...
Kiel:
IfW,
2026,
51 S.
(Kiel Working Paper ; 2314)
| Sonali Chowdhry, Inga Heiland, Hendrik Mahlkow
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DIW-OECD Industrial Strategy Dialogue
With shifting geopolitical tectonics Europe is in urgent need to build autonomy in defence and deterrence. As military spending is increasing significantly, Germany and Europe need an industrial strategy that helps the continent build a stronger and more independent role in developing modern defence and dual use technologies, foster competition and innovation and expand European defence production...
02.07.2026| Johannes Binder, Nicola Brandt, Tomaso Duso, Tomasz Koźluk, Charlotte Senftleben-König, Eva Vogt, Christian Ziach
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Refereed essays Web of Science
Housing markets are affected by a wide variety of factors. Among them, governmental regulations play an important role. Besides desired effects, all these policies exert a number of side effects, even offsetting the desired effects. In addition, different policies can cancel out each other. Therefore, it is important to be aware of the effects of individual policies and the composite effects resulting ...
In:
Journal of Housing Economics
73 (2026), 102155, 15 S.
| Konstantin A. Kholodilin