The unemployment rate in Germany after reaching a peak of 12.1% in 2005 began to decline steadily, and the improvement of the situation on the labour market followed even in the face of the global economic crisis after 2007. These positive trends, especially in comparison with other EU...

The scientific objective of this study is an attempt to clarify the institutional aspects of the functioning of the labour market in Germany that are relevant to the response to the crisis of 2008-2009. After a brief review of the selected institutions in Germany in comparison to the OECD...

This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....

This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....

In this paper, we compare the efficiency of the Italian and German universities in the process of transforming public funding into the multiple outputs of a university, i.e. graduating students, publishing research, and patenting activity. We do this with a particular focus on the policies...

In this paper, we compare the efficiency of the Italian and German university system in the process of translating public funding into the multiple outputs of a university, i.e. graduating students, publishing research, and patenting activity. We do this with a particular focus on the policies...

Many observers consider the German 'debt brake' beyond criticism. In the current crisis, many European countries have difficulties refinancing their budgets, while the German treasury's funding conditions are most favourable. The 'fiscal compact's' call for the introduction of German-style 'debt...

We take the neoclassical perspective and apply the business cycle accounting method as proposed by Chari, Kehoe, and McGrattan (2007, Econometrica) for the Great Recession and the associated stimulus program in Germany 2008-2009. We include wedges to the variables government consumption,...

Die durch die Bekämpfung der Corona-Epidemie verursachte Dämmung des gesellschaftlichen und wirtschaftlichen Lebens wird erhebliche wirtschaftliche Konsequenzen haben. Wichtige Be-reiche der Industrie und der Dienstleistungen sind ganz oder teilweise heruntergefahren wor-den. Eine...

In this paper, we compare the efficiency of the Italian and German university system in the process of translating public funding into the multiple outputs of a university, i.e. graduating students, publishing research, and patenting activity. We do this with a particular focus on the policies...