The economic and social crisis caused by the Covid-19 pandemic in Europe and around the world is without precedent since World War II if not before. With more than 40 million known cases in Europe in one year, and over 900 000 deaths (March 2020 to March 2021), governments have stepped up their...

Mit ihren rund 3,8 Millionen Beschäftigten ist die Metall- und Elektroindustrie (M+E-Industrie) die größte Industriebranche in Deutschland. Davon waren 2015 allein mehr als 700 000 Personen in mehr als 5 700 Betrieben in Nordrhein-Westfalen tätig. Die Produktion in der...

Die Herstellung von Metallerzeugnissen ist eine wichtige Zulieferindustrie für weitere Branchen des Produzierenden Gewerbes. Matthias Opfinger, Handelsblatt Research Institute, zeigt die Entwicklung der Branche. So gehören zu den Abnehmern neben anderen Betrieben aus dem eigenen...

This paper provides estimates of price-marginal cost ratios or markups for 50 sectors in 8 euro area countries and the US over the period 1981-2004. The estimates are obtained applying the methodology developed by Roeger (1995) on the EU KLEMS March 2007 database. Five stylized facts are...

We use a novel disaggregate sectoral euro area data set with a regional breakdown to investigate price changes and suggest a new method to extract factors from over-lapping data blocks. This allows us to separately estimate aggregate, sectoral, country-specific and regional components of price...

Die deutsche Heeresindustrie ist technologisch führend in Europa. Als Reaktion auf die veränderte sicherheitspolitische Lage und die veränderten Anforderungen an die Bundeswehr, sind die Industrieunternehmen jedoch gezwungen, ihre Fähigkeiten durch neue Architekturen, veränderte Komponenten...

This paper introduces the topic of Europe's changing financial landscape and highlights the findings of the contributions to this volume of the EIB Papers. Key points emerging from this overview include: (i) a variety of factors are reshaping Europe's finance, notably the Single Market, EMU,...

Based on the empirical firm growth literature and on heterogeneous (microeconomic) adjustment models, this paper empirically investigates the impact of European industry fluctuations and domestic business cycles on the growth performance of European firms. Since the implementation of the Single...

Based on the empirical firm growth literature and on heterogeneous (microeconomic) adjustment models, this paper empirically investigates the impact of European industry fluctuations and domestic business cycles on the growth performance of European firms. Since the implementation of the Single...