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DIW Weekly Report 50 / 2020

Global Economy: Recovery Slowing Down: DIW Economic Outlook

The global economy recovered more quickly than expected in the third quarter of 2020. Following the coronavirus-related slumps, economic output increased by seven percent. A decrease in infection rates and thus an easing of containment measures contributed to re-normalizing production processes and trade. Private households also began demanding more consumer goods again, especially personal services. ...

2020| Claus Michelsen, Paul Berenberg-Gossler, Geraldine Dany-Knedlik, Hella Engerer, Sandra Pasch
DIW Weekly Report 50 / 2020

Second Coronavirus Wave Affecting German Economy and Halting Recovery: Editorial

2020| Claus Michelsen, Paul Berenberg-Gossler, Marius Clemens, Geraldine Dany-Knedlik, Hella Engerer, Marcel Fratzscher, Max Hanisch, Simon Junker, Laura Pagenhardt, Sandra Pasch
Press Release

Pandemic delays upswing – Demography slows growth

In their spring report, the leading economic research institutes forecast an increase in gross domestic product of 3.7 percent in the current year and 3.9 percent in 2022. The renewed shutdown is delaying the economic recovery, but as soon as the risks of infection, particularly from vaccination, have been averted, a strong recovery will begin. The economy is likely to return to normal output levels ...

DIW Weekly Report 11 / 2021

German Economy Stuck in Stop-Go Situation: Editorial

2021| Claus Michelsen, Guido Baldi, Paul Berenberg-Gossler, Marius Clemens, Geraldine Dany-Knedlik, Hella Engerer, Marcel Fratzscher, Max Hanisch, Simon Junker, Konstantin A. Kholodilin, Laura Pagenhardt

What Economics and Economic History can learn from Memory Studies

How are individual and collective memories of extreme economic moments produced in a community? How do these memories translate into the political economy and shape the realm of possibility of macroeconomic policies? Why is some statistical data and economic policy represented more factual than other in the historical narration of national economies? How do some economic indicators become more...

30.03.2021| Ute Röschenthaler, Mainz University
DIW Weekly Report 50 / 2020

German Economy: Optimistic despite Decline as 2020 Ends: DIW Economic Outlook

The coronavirus pandemic is once again slowing down the German economy: Following a strong and unexpected economic recovery over summer 2020, which compensated for large parts of the losses from the spring, the second wave has resulted in renewed restrictions affecting both social and economic life. Therefore, the German economy is likely to shrink again in the final quarter of 2020. If the second ...

2020| Claus Michelsen, Paul Berenberg-Gossler, Marius Clemens, Max Hanisch, Simon Junker, Laura Pagenhardt
Weitere Aufsätze

Erholung verliert an Fahrt – Wirtschaft und Politik weiter im Zeichen der Pandemie

Infolge der Maßnahmen zur Eindämmung der Corona-Pandemie ist die deutsche Wirtschaftsleistung in der ersten Jahreshälfte drastisch gesunken, vor allem in den Monaten März und April. Schon im Mai setzte eine kräftige Gegenbewegung ein, die sich in nahezu allen Branchen bis zum aktuellen Rand fortsetzte. Dieser Erholungsprozess dürfte an Fahrt verlieren. Die Institute erwarten daher nach einem Rückgang ...

In: Wirtschaftsdienst 100 (2020), 11, S. 885-889 | Oliver Holtemöller, Stefan Kooths, Claus Michelsen, Torsten Schmidt, Timo Wollmershäuser
Weitere Aufsätze

Die Corona-Krise kommt mit Wucht zurück

In: Wirtschaftsdienst 100 (2020), 11, S. 896-898 | Marius Clemens, Geraldine Dany-Knedlik, Simon Junker, Claus Michelsen
Press Release

Joint Economic Forecast: Recovery Loses Momentum - Economy and Politics Still Shaped by the Pandemic

The corona pandemic leaves substantial marks in the German economy and its impact is more persistent than assumed in spring. In their autumn report, the leading German economic research institutes have revised their economic outlook downwards by roughly one percentage point for both this and next year. They now expect gross domestic product to fall by 5.4 percent in 2020 (previously -4.2%) and to grow ...

DIW Weekly Report 37 / 2020

German Economy: On the Long, Slow Road to Normality: DIW Economic Outlook

The German economy has bottomed out, but its recovery is going to be long and arduous. Nevertheless, following the almost two-digit slump in economic output in the second quarter of 2020, recovery is likely to be accompanied by above-average rates. However, it is assumed that a second wave will not occur and lockdown-like measures will not be reimplemented. Private consumption in particular will markedly ...

2020| Claus Michelsen, Marius Clemens, Max Hanisch, Simon Junker, Konstantin A. Kholodilin, Laura Pagenhardt
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