“Macro Policies in Turbulent Times” – #KKG107 takes a closer look at key issues in monetary and fiscal affairs. Macroeconomically, the recent years have been turbulent times indeed. Both the pandemic as well as the energy crisis brought about new challenges for monetary and fiscal...

Economists typically make simplifying assumptions to make the solution and estimation of their highly complex models feasible. These simplifications include approximating the true nonlinear dynamics of the model, disregarding aggregate uncertainty or assuming that all agents are identical. While...

We evaluate the impact of loan-to-value restrictions on household financial vulnerability. Using Norwegian tax data, we first document a beneficial leverage effect, in which households respond to the regulation by reducing house purchase probabilities, debt and interest expenses. Second, we...

Die Bundesregierung hat sich das Ziel gesetzt, Deutschland bis 2050 weitgehend CO2 neutral zu machen. Es ist klar, dass eine solche Transformation nur mit fundamentalen Veränderungen in den Produktionsweisen und Verbrauchsgewohnheiten möglich ist.Doch kann eine solche Transformation gelingen,...

The Covid-19 pandemic has stretched the monetary policy and fiscal policy reaction to unprecedented dimensions in the situation where both real and nominal interest rates had already fallen considerably since the global financial crises. At the same time, inflation and inflation expectations...

This panel will tackle some of the difficult questions around trade and sustainability that have been brought into stark focus by the coronavirus pandemic. We will explore the role of international cooperation as a way out of the COVID-19 crisis, and how trade and trade agreements help with...

Der Vortrag beleuchtet, dass die chinesische Seidenstraßen-Initiative eine Vielzahl an Chancen für die deutsche Wirtschaft bietet, aber auch Herausforderungen mit sich bringen wird. Die zu erwartenden Änderungen in der Transportinfrastruktur werden zu einer Verringerung der Transportzeiten...

ETUI webinar series: The New Normal: Prospects for the World of Work after the COVID Crisis. This webinar will look at the potential of a “living wage” to enable workers and their families to enjoy a decent standard of living in the aftermath of the COVID crisis. Alternatively, for many...

GFFA panel discussion “Conducting trade, delivering trust: Quality and transparency in the international agricultural trade with Eastern Europe and Asia” In the scope of the planned panel discussion, representatives from the worlds of politics, business and science discuss the perspectives...