Job search requirements constrain the effort choice of UI benefit recipients to a minimum number of monthly applications. We analyze how the distribution of search effort and job finding rates react to this constraint. Motivated by job search theory, our intensive margin analysis focuses on the incremental effort that job seekers have to submit relative to their unconstrained effort choice. We use...
Davide Furceri | IMF Research DepartmentBergljot Barkbu | Deputy Representative, IMF Europe Office in Paris and Brussels As highlighted in the IMF's article IV consultation report for the euro area, investment across the euro area remains below its pre crisis level. Its performance has been weaker than in most previous recessions and financial crises. The IMF analysis shows that much of this...
The German economy will grow by 1.3 percent this year and by 1.2 percent in 2015, predict the economic research institutes involved in the Joint Economic Forecast in their autumn report. According to the report, Germany’s economy has cooled down markedly. With economic output falling in the second quarter and stagnating in the third quarter of 2014, the engine for economic growth is proving hard ...
The heating market plays a key role in achieving the Federal Government's energy and climate policy objectives. In particular, major savings need to be made in heating residential buildings if the majority of buildings are to be climate-neutral by 2050. In light of this, DIW Berlin and ista Deutschland GmbH have created an up-to-date data basis that is based on the heating energy bills of apartment ...
Energy prices have varied hugely between countries and over time, yet the share of national income spent on energy has remained surprisingly constant. The foundational theories of economic growth account for only about half the growth observed in practice. Despite escalating warnings for more than two decades about the planetary risks of rising greenhouse gas emissions, most governments have...
Facilitator: Marcel Fratzscher (German Institute for Economic Research, DIW Berlin)Panelists: Elke Gurlit (University Mainz), Levin Holle (Ministry of Finance), Jörg Rocholl (ESMT European School of Management and Technology) The panelists will mainly tackle the following issues: What are the risks during the transition phase? Has the new supervisory agency all the necessary tools,...
Amelie Schiprowski has been granted a scholarship from the Studienstiftung des deutschen Volkes (SddV) from November 2014 on. The Dean of the GC, Prof. Lütkepohl, congratulates her on her success!
The project brings together a research consortium to undertake a model comparison study of the proposed EU ETS Market Stability Reserve. Combining the insights emerging from several models the aim is to provide robust quantitative evidence and enhance the understanding of different options to implement a Market Stability Reserve. Such an analysis can provide policy makers and market participants...
Within the debate on the EU’s post-2020 climate and energy policy framework, ten leading research institutions are working together to provide innovative, scientifically robust policy analysis and recommendations for the medium-term European energy and climate policy until 2030. Reports published so far include: EU2030 Framework Energy Security Paper EU2030 Framework Principles Paper ...
(together with Anita Kottwitz and C. Katharina Spieß)While the health benefits of breastfeeding for both mothers and children are well known, breastfeeding may make it difficult for mothers to return early to the labor market. Maternity and parental leave regulations have been designed to reduce this conflict. In 2007, Germany put into effect a new parental leave benefit (Elterngeld). The...
