Several studies have shown that income inequality has risen in Germany until 2005. Less focus was put on the rise of earnings inequality which continued to rise until 2010. We distinguish different groups in the labour market with respect to working-time, gender and region by exploiting data...

This paper studies the relationship between inequalities in working hours and overall earnings inequality in Germany between 2006 and 2014, and the role of declining collective bargaining coverage. Using data from the German Structure of Earnings Survey (GSES), a variance decomposition of...

We analyse measures of internal flexibility taken to safeguard employment during the Coronavirus Crisis in comparison to the Great Recession. Cyclical working-time reductions are again a major factor in safeguarding employment. Whereas during the Great Recession all working-time instruments...

According to the National Accounts the German savings rate has increased continuously since 2001 after it fell continuously from 1991. This increase was rather unexpected and hence it is interesting to analyse whether the savings rate of the total population has increased or whether the increase...

Das IMK analysiert regelmäßig mittels Daten von Eurostat die Entwicklung der Arbeitskosten und der Lohnstückkosten in Europa. In dieser aktuellen Auswertung wird zunächst die Entwicklung der Arbeitskosten in der Privatwirtschaft, dem privaten Dienstleistungssektor und dem Verarbeitenden...

According to the National Accounts the German savings rate has increased continuously since 2001 after it fell continuously from 1991. This increase was rather unexpected and hence it is interesting to analyse whether the savings rate of the total population has increased or whether the increase...

We use unique survey data on working time reduction during the first wave of the COVID-19 crisis in the spring of 2020 to estimate the number of working hours lost in Germany due to closed schools and child care facilities. Our results indicate that overall, a loss of not more than 1.1 percent...

We use novel German survey data to investigate how perceptions and information about public finances influence attitudes towards public debt and fiscal rules. On average, people strongly underestimate the debt-to-GDP ratio, overestimate the interest-to-tax-revenue ratio and favor a tighter...

Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...

This paper examines in how far the DSGE model which is often dubbed the New Keynesian Consensus is compatibel with a Post-Keynesian or traditional Keynesian understanding of the economy. It is argued that while at first sight DSGE models seem to include a lot of traditional Keynesian or even...