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959 results, from 21
  • Diskussionspapiere 2023 / 2022

    Ownership Diversification and Product Market Pricing Incentives

    We link investor ownership to profit loads on rival firms by the managers of a firm. We propose a theory model in which we distinguish between passive and active investors’ holdings, where passive investors are relatively more diversified. We find that if passive investors become relatively bigger, then common ownership incentives increase. We show that these higher incentives, in turn, are linked ...

    2022| Albert Banal-Estanol, Jo Seldeslachts, Xavier Vives
  • Externe referierte Aufsätze

    Too Good to Be True? Time-inconsistent Renewable Energy Policies

    The transition to low-carbon economies requires massive investments into renewable energies, which are commonly supported through regulatory frameworks. Yet, governments can have incentives – and the ability – to deviate from previously announced support policies once those investments have been made, which can deter investments. We analyze a renewable energy dynamic regulation game and derive under ...

    In: Energy Economics 112 (2022), 106102, 16 S. | Nils May, Olga Chiappinelli
  • Externe Monographien

    A Lasting Crisis Affects R&D Decisions of Smaller Firms: The Greek Experience

    We use the prolonged Greek crisis as a case study to understand how a lasting economic shock affects the innovation strategies of firms in economies with moderate innovation activities. Adopting the 3-stage CDM model, we explore the link between R&D, innovation, and productivity for different size groups of Greek manufacturing firms during the prolonged crisis. At the first stage, we find that the ...

    2022, 23 S.
    (CEPA Discussion Papers ; 49)
    | Ioannis Giotopoulos, Alexander S. Kritikos, Aggelos Tsakanikas
  • Externe Monographien

    A Lasting Crisis Affects R&D Decisions of Smaller Firms: The Greek Experience

    We use the prolonged Greek crisis as a case study to understand how a lasting economic shock affects the innovation strategies of firms in economies with moderate innovation activities. Adopting the 3-stage CDM model, we explore the link between R&D, innovation, and productivity for different size groups of Greek manufacturing firms during the prolonged crisis. At the first stage, we find that the ...

    2022, 23 S.
    (GLO Discussion Paper Series ; 1122)
    | Ioannis Giotopoulos, Alexander S. Kritikos, Aggelos Tsakanikas
  • DIW Weekly Report 7/8 / 2022

    DIW Berlin Economic Outlook: Summer Upswing to Follow Winter Slump

    The Omicron wave of the coronavirus has impacted economies worldwide, resulting in a bleak winter. Although restrictions on economic and public life have been less severe than at the beginning of 2021 in many places—mainly due to the progress of vaccination campaigns—and there are prospects of easing restrictions in Germany as well, the labor shortage caused by the current rates of infection is noticeable. ...

    2022| Guido Baldi, Paul Berenberg-Gossler, Hella Engerer, Simon Junker, Konstantin A. Kholodilin, Frederik Kurcz, Laura Pagenhardt
  • Diskussionspapiere 2017 / 2022

    Let's Switch to the Cloud: Cloud Adaption and Its Effect on IT Investment and Productivity

    The advent of cloud computing promises to improve the way firms utilize IT solutions. Firms are expected to replace large and inflexible fixed-cost investments in IT with more targeted variable spending in cloud solutions. In addition, cloud usage is expected to increase the productivity of firms, as it allows them to quickly customize the IT they require to their specific needs. We assess these assertions ...

    2022| Tomaso Duso, Alexander Schiersch
  • DIW Weekly Report 24/25 / 2022

    Brüning’s Austerity Policies of the Early 1930s Intensified the Economic Slump and Increased Unemployment

    May 2022 marked the 90th anniversary of the end of Heinrich Brüning’s term as Reich Chancellor. To this day, the economic effects of Brüning’s extreme austerity measures remain unclear. However, new data and calculations have made an initial quantification of the economic consequences of Brüning’s policies possible. An analysis based on a time series model illustrates how the Weimar Republic’s economy ...

    2022| Stephanie Ettmeier, Alexander Kriwoluzky
  • Press Release

    Joint Economic Forecast: Crisis is gradually being overcome – align actions to lower growth

    The Corona pandemic still shapes the economic situation in Germany. A complete normalisation of contact-intensive activities is not to be ex­pected in the short term. In addition, supply bottlenecks are ham­pering manufacturing for the time being. The German economy will reach nor­mal capacity utilisation in the course of 2022. In their autumn report, the leading economic research institutes ...

    14.10.2021
  • Audio

    Harte Restriktionen scheinen die wirksamste Maßnahme zu sein, um in einer Pandemie den Flugverkehr zu beschränken: Interview with Jo Seldeslachts

    29.09.2021| Wochenberichtsinterview
  • Press Release

    German economy will first pick up speed in 2022

    DIW Berlin forecasting experts are lowering their forecast for 2021 from 3.2 to 2.1 percent - Supply bottlenecks and material shortages are weighing on German industry - Private consumption remains restrained - With growth of just under five percent, the German economy will pick up speed in 2022 once bottlenecks have been overcome and infection rates have fallen on a sustained basis - Inflation no ...

    16.09.2021
959 results, from 21
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