The recent trade disputes and the technological rivalry between the US and China make the effects of trade policy one of the most relevant economic subject areas. We employ a multi-country, multi-sector general equilibrium modelling framework with imperfect competition and heterogeneous firm...

Highly interconnected global supply chains make countries vulnerable to supply chain disruptions. In this paper, we estimate the macroeconomic effects of global supply chain shocks for the euro area. Our empirical model combines business cycle variables with data from international container...

In light of the recent tit-for-tat trade dispute between China and the US, interest in quantifying the effects of the so-called phase one agreement has risen. To this end, the paper quantifies the impact of the asymmetric managed trade agreement using such a multi-country open-economy dynamic...

Jobs, Gehälter, Mieten, Infrastruktur: Bereits vor der Pandemie bestimmten regionale Unterschiede die Lebensverhältnisse innerhalb Deutschlands. Wenn es um Einkommen und Beschäftigung, die Verkehrsanbindung der Bürger/innen, deren Versorgung mit schnellem Internet oder den Zugang zu Bildung...

The Festival will address themes related to the re-emergence of regions and cities from the pandemic. It includes longer-standing challenges to society of climate change, geopolitical manoeuvrings, the rise of populism, the financial implications of these shifts, migration crises, new challenges...

Die ökonomischen Folgen der Pandemie sind noch nicht voll sichtbar und werden sehr wahrscheinlich noch länger spürbar sein. Zusammen mit den Präsidenten von sechs Wirtschaftsforschungsinstituten der Leibniz-Gemeinschaft wollen wir zunächst über die Auswirkungen der Pandemie auf den...

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...