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Economic Bulletin

A Common Unemployment Insurance System for the Euro Area

By: Sebastian Dullien and Ferdinand Fichtner in: DIW Economic Bulletin 01/2013. A European transfer system could contribute to stabilization of the euro area by synchronizing business cycles in the monetary union, thus simplifying the common monetary policy. Such a system is proposed here in the form of a European unemployment insurance scheme. Compared to other forms of fiscal transfer systems, ...

04.01.2013
Economic Bulletin

A Skeptical View of Mechanisms for Business Cycle Harmonization in the Euro Area

By: Karl Brenke in: DIW Economic Bulletin 01/2013. The European Monetary Union brought with it a standardization of monetary policy and a system of fixed exchange rates. This was accompanied by disincentive effects which, in turn, resulted in serious economic distortions. Proposals are currently being made - not only by DIW Berlin - as to how compensatory payment mechanisms could be used to better ...

04.01.2013
Economic Bulletin

"Harmonizing Europe's Business Cycles at no Additional Cost": Six Questions to Ferdinand Fichtner

"Harmonizing Europe's Business Cycles at no Additional Cost": Six Questions to Ferdinand Fichtner

04.01.2013
Report

An unemployment insurance for the euro area

Abstract:A European transfer system could contribute to a stabilization of the euro area by synchronizing business cycles in the monetary union, thereby simplifying the common monetary policy. Such a system is suggested here in the form of a European unemployment insurance system. Compared to other forms of fiscal transfer systems, some advantages arise: By putting the focus on short-term unemployment, ...

31.10.2012
Report

Mechanisms for Harmonization of Economic Cycles in Euro Area—a Skeptical View

Abstract:The European Monetary Union brought with it a standardization of monetary policy and a system of fixed exchange rates. This was accompanied by disincentive effects which, in turn, resulted in serious economic distortions. Proposals are currently being put forward as to how financial policy equalization mechanisms could be used to better synchronize the economic development of the Member States ...

31.10.2012
Press Release

DIW Autumn Projection 2012

The German economy will lose some of its momentum in the second half of the year, but pick up some speed again next year. In year-on-year terms, German GDP is expected to increase by a mere 0.9 percent in 2012 and 1.6 percent in 2013. Growth is primarily driven by domestic demand. The weakening of the economy in the second half of this year will have limited impact on labor markets, the unemployment ...

04.10.2012
Economic Bulletin

Income Distribution : An Important Factor for Economic Forecasts

Income Distribution : An Important Factor for Economic ForecastsBy: Ferdinand Fichtner, Simon Junker, Carsten Schwäbe in: DIW Economic Bulletin 7/2012.The development of private consumption is a crucial factor in compiling macroeconomic projections as part of national accounts. Household savings also play an important role as an explanatory variable for consumer development, since private households ...

06.07.2012
Economic Bulletin

"We Have Hidden Underemployment" Seven Questions to Karl Brenke

"We Have Hidden Underemployment" Seven Questions to Karl Brenke

06.07.2012
Economic Bulletin

Long Hours for Low Pay

Long Hours for Low PayBy: Karl Brenke in: DIW Economic Bulletin 7/2012.There has been no robust growth of the low-pay sector in Germany since 2006. Over the past few years, a constant 22 percent of all employees have fallen into this category. The job structure within the low-pay sector has not changed in the last decade. In the economy as a whole, however, there has been less and less demand for low-skilled ...

06.07.2012
Report

DIW Summer Projection 2012

Abstract: In the projection period, the German economy will grow at a considerably slower pace than in the previous years. After a three per cent increase in 2011, German GDP will rise by only one per cent in this year and by close to two per cent next year. It is primarily domestic demand that drives this expansion, while exports are not expected to pick up until the turn of the year. The weaker economy ...

04.07.2012
Economic Bulletin

The Future of the International Monetary System

The Future of the International Monetary Systemby Ansgar Belke, Kerstin Bernoth, Ferdinand Fichtner in: DIW Economic Bulletin 4/2011The financial crisis of 2007/2008 and the current "Euro crisis" challenge the current global monetary system. They drastically reveal the actual system's weaknesses und show the eminent importance of the international monetary system for the stability of markets ...

07.10.2011
Press Release

DIW Berlin: German economy grows 3.4 percent in 2010

Experts claim no space for tax cuts and higher social spending The German economy has recovered surprisingly well from the crisis. DIW Berlin estimates that the growth will continue – although in a less rapid pace than the first half year. “We reach a massive annual growth of 3.4 percent in 2010. In 2011 the German economy is expected to grow at a rate of 2 percent”, said Ferdinand ...

28.09.2010
Press Release

Economic Growth Returns, But Uncertainty Remains High

DIW President Zimmermann: “Another opportunity missed at the G-20 summit in Canada.” The German economy will grow at a moderate pace through 2010 and 2011. According to the quarterly forecast released today by the German Institute for Economic Research (DIW Berlin), the German economy will grow with an average rate of 1.9 percent in 2010, and 1.7 percent in 2011. “The recovery is ...

30.06.2010
133 results, from 121
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