Countries compete for young talents to alleviate skilled-labor shortage. International students, who stay after graduation, allow host countries to overcome those challenges. This study investigates the factors associated with international students' intention to stay or to go after graduation....

Clemens Fuest und Niklas Potrafke, beide ifo Institut und LMU München, diskutieren, ob die deutsche Schuldenbremse einer ökonomisch sinnvollen Staatsverschuldung im Weg stehe. Forschungsergebnisse legten nahe: Wenn die Politik Haushaltsdefizite, Verschuldungsquoten sowie Risikoprämien auf...

This paper focuses on foreign language learning as human capital investment or consumption. We apply the human capital investment framework to foreign language learning and enlarge it by adding consumption motives. Based on a novel dataset collected from language course participants in 14...

To address the distributional consequences of high inflation rates, measures are needed that target those most in need without distorting prices. The function of the price as scarcity signal is important to encourage energy saving. Direct price subsidies such as the fuel price rebate, on the...

This study provides the first attempt to evaluate whether a logit early warning system (EWS) for systemic banking crises can produce better predictions when political indicators are used alongside traditional macro-financial indicators. Based on a dataset covering 32 advanced economies for the...

Trotz des Commitments zu dem NATO-Ziel reichen die Ausgabenpläne der Bundesregierung nicht aus, um das vereinbarte NATO-Ziel, 2 % des Bruttoinlandsprodukts für Verteidigung auszugehen, zu erfüllen. Hubertus Bardt, Institut der deutschen Wirtschaft, Köln, stellt fest, dass die dauerhafte...

Demographic change is one of Germany's most pressing social and economic challenges. Using data from a representative telephone survey, we analyze how well informed respondents are about the magnitude of demographic change and what factors influence the accuracy of their beliefs. We find that...

Attitudes toward immigrants play a crucial role in voting behaviour and political decision-making. Such attitudes are shaped by individual characteristics, but the regional environment may also be important. This paper examines how individual attitudes toward immigrants are related to the...