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We present the operationalized Toll Index, which is a new type of early indicator for the German business cycle. We present the basic idea and document the power of the indicator for the purpose of nowcasting. The data will be regularly available at the IDSC, the data bank center of IZA and will...
Persistent link: https://www.econbiz.de/10010331382
This strategy paper by the Institute for the Study of Labor (IZA) shows ways in which Germany once more can attain full … market development in the right direction. The reforms are one of the main reasons why Germany has been more resistant to the … must be improved. Social background should no longer determine future career prospects. More independence and competition …
Persistent link: https://www.econbiz.de/10010331435
With banking sectors worldwide still suffering from the effects of the financial crisis, public discussion of plans to place toxic assets in one or more bad banks has gained steam in recent weeks. The following paper presents a plan how governments can efficiently relieve ailing banks from toxic...
Persistent link: https://www.econbiz.de/10010331436
welfare state should encourage risk-taking as a key factor for mobility, innovation, and growth. …
Persistent link: https://www.econbiz.de/10010331440