Die Corona-Krise verschärft bestehende Chancenungleichheiten des deutschen Schulsystems. Deshalb wäre es fairer, die Abiturprüfungen dieses Jahr ausfallen zu lassen.

Ein früh gliederndes Schulsystem benachteiligt leistungsschwache Kinder. Leistungsschwächere Schülerinnen und Schüler profitieren von zwei weiteren Jahren des gemeinsamen Lernens in Schulsystemen ohne getrennte Haupt- und Realschulen. Längeres gemeinsames Lernen geht nicht zulasten der...

In this research project we investigate how the design of school assignment rules affects social segregation and its implications for social inequality. The context of our study is the Hungarian school system, which is characterized by early ability tracking combined with a centralized...

Kenntnisse und Chancen der Kinder sind nach Schulschließungen und Distanzunterricht so ungleich wie nie. Zusatzunterricht, Wiederholung von Schuljahren, Reduktion des Stoffs: Es gibt keine einfache Lösung für die Schule nach Corona - die Folgen jedes Weges sollten bedacht werden. Maßstab der...

For monetary policy purposes it is useful to apply a concept of potential output growth that looks through the fluctuations inherent in most model based estimates. Growth accounting can be a useful tool in this respect, given its focus on average developments in real GDP growth and supply side...

Do asset prices affect real activity? This question has taken on a new importance in recent years, as asset values first surged at the end of 1990s and, thereafter, dramatically retreated. This report reviews the available theoretical and empirical evidence regarding asset price and wealth...

The paper reviews the theoretical and empirical literature that has investigated the conditions under which a contractionary fiscal policy is effective in reducing debt and deficit, but does not have a negative effect on growth. The issue is central to macroeconomics and policy making, given...

The aim of this study is to investigate the extent to which the dispersion of real GDP growth rates has changed over the past few years and whether the synchronisation of business cycles has increased among the euro area countries. The study is divided into two main parts. The f irst focuses on...

This paper examines the macroeconomic consequences of future demographic trends for economic growth, financial markets and public finances. It shows that in the absence of reforms and responses by economic agents, the currently projected demographic trends imply a decline in average real GDP...

This paper provides an assessment of Russia’s long-term growth prospects. In particular, it addresses the question of the medium- and long-term sustainability of the country’s currently high growth rates. Starting from the notion that Russia’s fast economic expansion in recent years has...