During the European sovereign debt crisis, most countries that ran into fiscal trouble had Catholic majorities, whereas countries with Protestant majorities were able to avoid fiscal problems. Survey data show that, within Germany, views on theeuro differ between Protestants and Non-Protestants, too. Among Protestants, concerns about the euro have, compared to Non-Protestants, increased during the ...
The tertiarization, or perhaps more accurately, the deindustrialization of the economy has left deep scars on cities. It is evident not only in the industrial wastelands and empty factory buildings scattered throughout the urban landscape, but also in the income and social structures of cities. Industrialization, collective wage setting and the welfare state led to a stark reduction in income differences ...
A tightening of capital requirements for banks that invest in EU government bonds would primarily create a significant additional demand for capital for Greek banks. This is the conclusion of a study conducted by the German Institute for Economic Research (DIW Berlin), which calculated the additional capital requirements such a reform would create for German, French, Swedish, and Greek banks. As of ...
The interview with Prof. Dr. Dorothea Schäfer is published in DIW Economic Bulletin 20/2015. It is available for download as pdf document. More issues of DIW Economic Bulletin
In the wake of the European debt crisis, it has become clear that government bonds may actually be a risky form of investment. The Basel Committee and the Bundesbank have therefore opened an intense debate as to whether banks investing in EU government bonds should be subject to regulatory capital requirements in the future. Currently, banks do not need equity capital when investing in sovereign bonds. ...
On May 7, 2015, Parliamentary State Secretary of the Federal Ministry for Education and Research (BMBF) Stefan Müller handed over the prize Mathias Bug and Johannes Rieckmann during the Fachdialog Sicherheitsforschung (scientific dialogue on security research) conference, which was attended by more than 200 civil security researchers. Details about the presented project and its publications can ...
