Data
Transformation tables for administrative borders in Germany – data In order to demonstrate what kind of information the available tables contain and how they are structured, the…
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12.01.2024 • 2/2024
Green transition and the debt brake: Implications of additional investment for public finances and private consumption in Germany
The German Climate Protection Act stipulates, among other things, that greenhouse gas emissions in Germany are to be reduced by 65% by 2030 compared to 1990 levels. The green investments required to achieve this target are likely to amount to around 2.5% of gross domestic product each year. According to the medium-term projection of the Halle Institute for Economic Research (IWH), the associated additional government spending on public investment and support measures cannot be financed from projected tax revenues. It is therefore to be expected that the tax burden on households will increase and private consumption will be curbed accordingly, if both the current form of the debt brake and the greenhouse gas reduction targets are maintained.
Oliver Holtemöller
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Grüne Transformation und Schuldenbremse: Implikationen zusätzlicher Investitionen für öffentliche Finanzen und privaten Konsum
Andrej Drygalla, Katja Heinisch, Oliver Holtemöller, Axel Lindner, Alessandro Sardone, Christoph Schult, Birgit Schultz, Götz Zeddies
Konjunktur aktuell,
No. 4,
2023
Abstract
Das deutsche Klimaschutzgesetz sieht unter anderem vor, dass die Treibhausgas-Emissionen in Deutschland bis zum Jahr 2030 um 65% gegenüber dem Jahr 1990 verringert werden. Die damit einhergehende Transformation der Wirtschaft hat weitreichende Konsequenzen für die gesamtwirtschaftliche Entwicklung und die öffentlichen Finanzen. Alles in allem erfordert der Ausbau erneuerbarer Energien für die Klimaschutzziele jährliche Investitionen in der Größenordnung von 2,5% in Relation zum Bruttoinlandsprodukt. Mithilfe eines makroökonomischen Modells kann gezeigt werden, mit welchen gesamtwirtschaftlichen Entwicklungen zu rechnen ist, wenn die Klimaschutzziele eingehalten werden.
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European Banking in Transformational Times: Regulation, Crises, and Challenges
Michael Koetter, Huyen Nguyen
IWH Studies,
No. 7,
2023
Abstract
This paper assesses the progress made towards the creation of the European Banking Union (EBU) and the evolution of the banking industry in the European Union since the financial crisis of 2007. We review major regulatory changes pertaining to the three pillars of the EBU and the effects of new legislation on both banks and the real economy. Whereas farreaching reforms pertaining to the EBU pillars of supervision and resolution regimes have been implemented, the absence of a European Deposit Scheme remains a crucial deficiency. We discuss how European banks coped with recent challenges, such as the Covid-19 pandemic, a high inflation environment, and digitalization needs, followed by an outlook on selected major challenges lying ahead of this incomplete EBU, notably the transition towards a green economy.
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06.11.2023 • 27/2023
Presseeinladung: Tagung zum Strukturwandel in den Braunkohlerevieren
Presseeinladung Tagung zum Strukturwandel in den Braunkohlerevieren,
Termin: 9. und 10. November 2023,
Tagungsort: Brandenburgische Technische Universität Cottbus-Senftenberg,
Zentrales Hörsaalgebäude, Konrad-Wachsmann-Allee 3, 03046 Cottbus
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Nachruf Manfred Wegner
Dr. Manfred Wegner, Gründungspräsident des IWH ein Nachruf Manfred Wegner (1931 – 2021) Bereits ein Jahr nach dem Mauerfall, im Herbst 1990, hatte sich die Politik auf die…
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East Germany
The Nasty Gap 30 years after unification: Why East Germany is still 20% poorer than the West Dossier In a nutshell The East German economic convergence process is hardly…
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Productivity
Productivity: More with Less by Better Available resources are scarce. To sustain our society's income and living standards in a world with ecological and demographic change, we…
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EVA-KULT
EVA-KULT Establishing Evidence-based Evaluation Methods for Subsidy Programmes in Germany The project aims at expanding the Centre for Evidence-based Policy Advice at the Halle…
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ENTRANCES
ENTRANCES aims at examining the effects of the coal phase-out in Europe. How does the phase-out transform society – and what can politics do about it? The EU-funded,…
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