Das Handbuch zur deutschen Europapolitik erscheint in Zeiten multipler Krisen und wachsender Skepsis gegenüber der engen Verflechtung Deutschlands mit dem EU-System. Es zeigt, dass europäische Politik von besonderem Wert und Nutzen für die politische und ökonomische Wirklichkeit Deutschlands...

This paper explores the long-term relationship between public and private investment in the euro area. A stock-flow approach is proposed to control for the integration properties of the variables. Panel econometric techniques including international spillovers are employed. Private and public...

This paper examines the stability of money demand and the forecasting performance of a broad monetary aggregate (M3) in predicting euro area inflation. Excess liquidity is measured as the difference between the actual money stock and its fundamental value, the latter determined by a money demand...

Global economic output is expected to grow by 3.7 percent this year, and with a slightly stronger dynamic in the coming year; both predictions match the figures proposed in DIW Berlin’s spring forecast, even though the year started off somewhat weaker than expected. But overall, economic...