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The spread of the coronavirus worldwide is exerting considerable pressure on the economy. Compounded by the lack of quality data, model uncertainty, and uncertainty over government responses, economic forecasts are subject to even greater uncertainty than usual. It is difficult to predict how...
Persistent link: https://www.econbiz.de/10012198194
The German economy remains weak as of the fourth quarter of 2019. However, although industrial production is continuing its downward trend, there are signs of a slow recovery. The manufacturing sector is likely to expand production gradually beginning in 2020; therefore, it is less likely the...
Persistent link: https://www.econbiz.de/10012151733
Representative survey results have shown a stable approval rate for implementing unconditional basic income of between 45 and 52 percent in Germany since 2016/17. In European comparison, this approval rate is low. Younger, better educated persons, and those at risk of poverty support the concept...
Persistent link: https://www.econbiz.de/10012007444
We investigate how worries in Germany change across time and age, drawing on both closed-ended questions (which typically list a number of worry items) and open-ended questions answered in text format. We find that relevant world events influence worries. For example, worries about peace peaked...
Persistent link: https://www.econbiz.de/10011694829
The German economy will grow by 2.4 percent this year, especially due to strong foreign demand. Brisk investment activity continues in this economic climate; stimulus from foreign trade, however, is weakening somewhat. Despite strong consumer demand in the coming quarters, employment and economic...
Persistent link: https://www.econbiz.de/10011807114
Persistent link: https://www.econbiz.de/10011807116
Compared to last year, the German economy is weakening noticeably. Orders from abroad are decreasing and domestic companies are holding back on investments. However, capacity utilization remains high—also because the government will boost the incomes of private households next year. However,...
Persistent link: https://www.econbiz.de/10011863515
The German economy will keep on growing amid risks although growth will slow down somewhat. GDP will continue to grow noticeably at 1.8 percent this year, 1.7 percent next year, and 1.8 percent in 2020. Private household incomes in particular—and thus consumption as well—are boosting growth,...
Persistent link: https://www.econbiz.de/10011899233
In most research on Life Satisfaction (LS), it is assumed that the covariates of high and low LS are the same for everyone, or at least everyone in the West. In this paper, analysing data from the German Socio-Economic Panel, with a limited replication based on Australian panel data, we estimate...
Persistent link: https://www.econbiz.de/10011912913
Quality of life and satisfaction with life are of particular importance for individuals as well as for society concerning the "demographic change" with now longer retirement periods. This study will contribute to the life satisfaction discussion and quantifies life satisfaction and pattern of...
Persistent link: https://www.econbiz.de/10011913494