DIW Weekly Report

DIW Weekly Report

Ambitious Climate Targets and Renewable Energy

Economic Outlook for Germany

German Economy Slowly Recovering Following a Deep Slump

About the DIW Weekly Report

The DIW Weekly Report is an online publication from DIW Berlin. Every week selected articles of the Wochenbericht are published online in English.

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211 results, from 1
DIW Weekly Report 28/29 / 2020

European Green Deal: Using Ambitious Climate Targets and Renewable Energy to Climb out of the Economic Crisis

The European Green Deal, initiated by the EU Commission, is a package of measures aimed at decarbonization and sustainable economic development with the goal of making the European Union climate neutral by 2050. To achieve this goal, the emission reductions target must be increased from 40 percent to 65 percent compared to 1990 levels, as the model calculations in this Weekly Report show. Fossil and ...

2020| Karlo Hainsch, Leonard Göke, Claudia Kemfert, Pao-Yu Oei, Christian von Hirschhausen
DIW Weekly Report 28/29 / 2020

Complete Issue

2020
DIW Weekly Report 26/27 / 2020

EU ETS Cap Must and Can Be Reduced More Quickly

Currently, the European Commission intends to increase the EU’s 2030 climate target. Instead of a 40 percent target, greenhouse gas emissions would be reduced by 50 to 55 percent compared to 1990 levels; the European Parliament is even considering a 65-percent reduction. The European Emissions Trading System (EU ETS) sectors should make an appropriate contribution to this reduction. However, decisive ...

2020| Aleksandar Zaklan, Vicki Duscha, Claudia Gibis, Jakob Wachsmuth, Jan Weiß, Claudia Kemfert
DIW Weekly Report 26/27 / 2020

Complete Issue

2020
DIW Weekly Report 24/25 / 2020

German Economy Slowly Recovering Following a Deep Slump: DIW Economic Outlook

The coronavirus recession has left deep marks on the German economy and despite economic policy action, it is likely to heal only slowly. The partial easing of the lockdown and a gradual revival of global value chains are generating positive stimuli, but massive income losses will curb demand for some time to come. The German Federal Government was able to avoid the worst by implementing measures to ...

2020| Claus Michelsen, Marius Clemens, Max Hanisch, Simon Junker, Konstantin A. Kholodilin, Laura Pagenhardt, Thore Schlaak
DIW Weekly Report 24/25 / 2020

Coronavirus Pandemic Plunging Global Economy into a Serious Recession: DIW Economic Outlook

The consequences of the ongoing 2020 coronavirus pandemic are leaving deep marks on the global economy. In the first quarter of 2020, global production sank by 15.5 percent over the course of the worldwide lockdown. Since containment measures in many countries were mainly implemented during the second quarter of 2020, the slump in the first half of 2020 is likely to be even more severe overall. Due ...

2020| Claus Michelsen, Guido Baldi, Geraldine Dany-Knedlik, Hella Engerer, Stefan Gebauer, Malte Rieth
DIW Weekly Report 24/25 / 2020

Germany Hit Hard by the Global Recession as Uncertainty Weighs Heavy: Editorial

2020| Claus Michelsen, Guido Baldi, Marius Clemens, Geraldine Dany-Knedlik, Hella Engerer, Marcel Fratzscher, Stefan Gebauer, Max Hanisch, Simon Junker, Konstantin A. Kholodilin, Laura Pagenhardt, Malte Rieth, Thore Schlaak
DIW Weekly Report 24/25 / 2020

Complete Issue

2020
DIW Weekly Report 23 / 2020

Identifying Effective Combinations of Economic Policy Measures for the Coronavirus Recession in Europe

As the coronavirus pandemic spread across the globe in early 2020, the European Central Bank as well as national governments in the euro area enacted or announced numerous economic policy measures to counteract the severe economic consequences of the resulting lockdowns. In this paper, the immediate effect of the announcements on government bond and stock markets are estimated in a panel study. The ...

2020| Kerstin Bernoth, Marius Clemens, Geraldine Dany-Knedlik, Stefan Gebauer
DIW Weekly Report 23 / 2020

Complete Issue

2020
DIW Weekly Report 21/22 / 2020

Mobile Money is Driving Financial Development in Africa

Mobile money is an innovation that allows financial transactions to be performed via a cell phone. Even in poor regions of Africa, almost everyone has a cell phone; therefore, mobile money could both contribute to the continent’s economic growth and ensure that no Africans are excluded from access to financial services. However, DIW Berlin data from Uganda show that mobile money is actually used less ...

2020| Katharina Lehmann-Uschner, Lukas Menkhoff
DIW Weekly Report 21/22 / 2020

Complete Issue

2020
DIW Weekly Report 19/20 / 2020

Financial Market Participants Expect the Coronavirus Pandemic to Have Long-Lasting Economic Impact in Europe

Market participants are generally in agreement that the coronavirus pandemic will have a severe impact on the European economy, but it is difficult to predict the length and extent of the pandemic’s effects. However, using the yield curves of corporate bonds, we can reach some preliminary conclusions about the impact of the pandemic. The expectations of financial market participants are revealed in ...

2020| Stephanie Ettmeier, Chi Hyun Kim, Alexander Kriwoluzky
DIW Weekly Report 19/20 / 2020

Complete Issue

2020
DIW Weekly Report 17/18 / 2020

Real Incomes Increasing, Low-Income Rate Decreasing in Individual Age Groups

The number of employed persons in Germany has grown by over five million since 2000, in part due to an increase in immigration. This development is reflected in private household income, which has increased by 12 percent over the same period. Since 2013, all income groups have been benefiting from this increase and in 2015, the lowest income decile began benefiting as well. Disposable income inequality ...

2020| Markus M. Grabka, Jan Goebel
DIW Weekly Report 17/18 / 2020

Complete Issue

2020
DIW Weekly Report 15/16 / 2020

Government Bonds: European Banks Still Display Strong Home Bias: Requiring Capital Backing Could Worsen Problem

The European sovereign debt crisis illustrated how the stability of the entire financial system suffers when banks and sovereigns become too intertwined. However, there has been seemingly little success in reducing the bank-sovereign nexus in the decade since the crisis. As this Weekly Report shows, home bias remains strong and many European banks are still primarily purchasing domestic government ...

2020| Dorothea Schäfer, Michael Stöckel, Henriette Weser
DIW Weekly Report 15/16 / 2020

Complete Issue

2020
DIW Weekly Report 14 / 2020

Price Stability and Climate Risks: Sensible Measures for the European Central Bank

By the end of 2020, the European Central Bank (ECB) will present the results of its monetary policy strategy review. What changes are to be expected and what changes are needed? This report covers two areas of the strategy review. First, alternatives to the current definition of price stability are discussed. Current studies and the practices of other central banks indicate that supplementing the ...

2020| Franziska Bremus, Geraldine Dany-Knedlik, Thore Schlaak
DIW Weekly Report 14 / 2020

Complete Issue

2020
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