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Can Germany’s economy stage an unexpected recovery?Steffen MüllerThe Economist, January 30, 2025
Workshop topics include competition and risk-taking of individual banks, the (e)valuation of climate risks by financial institutions and in financial markets, the stability of the financial sector and its regulation and the role of real estate markets for financial system resilience. The workshop aims at linking young economists interested in related topics and provides a platform to exchange ideas and discuss recent contributions.
The workshop provides a platform to discuss new developments in the field of empirical and applied macroeconomic modelling and aims at bringing together academic researchers and practitioners. We invite applied and theoretical papers in the field of environmental macroeconomics. Papers using macroeconometric methods to analyze climate change and climate policy are particularly welcome.
We measure workers’ beliefs about rents and outside options in a representative sample of German workers, and compare these beliefs with proxies for actual outside options. While subjective worker rents are large - 14% of salary on average - they do not stem from workers’ subjective wage premia at their current firm, but are entirely derived from non-wage amenities.
An active debate has centered on the importance of manufacturing for driving innovation in the U.S. economy. This paper offers an alternative framework that focuses on the role of suppliers of goods and services (the “supply chain economy”) in national performance.
Ein Experten-Dialog zum Thema „Grüne Finanzierung: Unter welchen Rahmenbedingungen funktioniert sie?“ mit Reint E. Gropp (IWH) und Jörg Rocholl (ESMT Berlin) im Rahmen der Berlin Science Week 2021.
Präsenzveranstaltung, organisiert vom Leibniz-Institut für Wirtschaftsforschung Halle zusammen mit dem Institut für Kreditwesen der Universität Münster.
We use a general equilibrium model to show that a decrease in workers' bargaining power amplifies the relative contribution to the output gap of adjustments along the extensive margin of labour utilization. This mechanism reduces the cyclical movements of marginal cost (and inflation) relative to those of the output gap.
We use firm-level data to analyze international bond issuance by Chinese non-financial corporations, distinguishing those by sectors classed as ‘risky’.
