We introduce the German Business Panel (GBP), a novel large-scale survey of German firms. The GBP periodically surveys executives and key decision-makers in a representative sample of German firms, taking stock of their perceptions, views, and expectations. A particular focus of the survey is on...

The article discusses financial aid and tax exemptions as means to fight against the economic distortions of the current energy crisis. Recent experiences have included not only general stabilisation instruments but also those compensating energy price increases for low-income households and...

The sharp rise in energy prices represents a considerable structural risk to the German economy. Deindustrialisation has become a veritable threat. The government’s economic policy needs to establish positive expectations for energy costs in the medium term through interventions in the gas and...

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 paper investigates the effect of the refugee crisis, and the related government's asylum policy, on concerns about immigration of the German population. Exploiting exogenous variation in survey interview timing of the German Socio-Economic Panel (SOEP), I employ a difference-in-differences...

Why did Europe fail to manage the euro area crisis and what lessons can be drawn from this failure for Europe"s future? Studying the EU / IMF program that was imposed on Greece in May 2010 – the original sin of the crisis – highlights both the nature of the problem and the difficulty in...

The global economic crisis and the crisis in the euro zone exposed the deep differences of opinion between German economists and scientists from other European countries and the US. The German approach conceptually differs in the views on the strategies and tools of anti-crisis policy,...

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...

The global economic crisis and the crisis in the euro zone exposed the deep differences of opinion between German economists and scientists from Anglo-Saxon countries. The German approach conceptually differs in the views on the strategies and tools of anti-crisis policy, especially fiscal...