The slight slowdown of consumer price inflation in Germany in November does not yet constitute the beginning of lower inflation rates. Even though energy prices are dragging inflation, producer prices have drastically increased in the past year. Our estimates indicate that inflation rates will...

The environment for investment in housing construction has changed drastically. Rising interest rates and construction costs are leading to a signifi cant decline in investment activity. This will exacerbate the shortage on the housing market, as refugees from Ukraine also require housing on a...

Debates on industrial policy surged in the wake of the current crises. Policymakers, however, should not lapse into conserving old structures which too often prove obsolete. Instead, key industries with high-quality jobs and future growth prospects must be identifi ed. These are...

[Problemstellung und Erkenntnisinteresse ...] Die folgende Wirkungsanalyse gliedert sich in zwei Teile. Im ersten Teil werden die makroöko-nomischen und finanzpolitischen Auswirkungen der Maßnahmen des DARPs quantifiziert. Hierzu werden die ökonomischen Effekte der Maßnahmen nach Einordnung...