1. 20.01.2021 · ZEW (sru/deg)
    Comment
    United States
    Professor Dr. Sebastian Rausch on the new US President and the upcoming changes.

    Today, Joe Biden will be sworn in as the new President of the United States. On his first day in office, we will already see some groundbreaking decisions, especially regarding the future course of US climate policy. Professor Sebastian Rausch, head of the Research Department “Environmental and Resource Economics, Environmental Management” at ZEW Mannheim, comments on this matter:

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  2. 20.01.2021 · ZEW (dos/deg)
    Research
    flood damages
     Sandbags hold back flood water from a flooded street.

    For low-income households in Germany, the financial damage caused by floods is lower in absolute terms than for wealthier households. However, the former have to spend a larger amount relative to their income to repair the damage. This is the result of a recent study conducted by Dr. Daniel Osberghaus at ZEW Mannheim.

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  3. 19.01.2021 · ZEW (awh/sel)
    Research
    M&A activity | Merger | Competition
    Professor Dr. Achim Wambach sees mergers in the automotive sector as a trend for the future.

    With the European Commission authorising the merger of the automobile groups Fiat Chrysler Automobiles (FCA) from Italy and France’s Groupe PSA subject to conditions, the mega-merger has now materialised with Stellantis launching its IPO at the beginning of this week. The merged company is currently the sixth largest automotive group in the world. “This merger is not a singular occurrence, but part of a long-term trend of increasing mergers and acquisitions in the automotive industry,” says Professor Achim Wambach, president of ZEW Mannheim.

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  4. 19.01.2021 · ZEW (msc/fbr/jrr/sel)
    ZEW Indicator of Economic Sentiment
    ZEW Financial Market Survey | Germany | Europe | Business survey | Short-term forecast | Cyclical indicator
    ZEW Indicator of Economic Sentiment increased in January 2021 to 61.8 points

    The ZEW Indicator of Economic Sentiment for Germany increased in the current January 2021 survey, climbing 6.8 points to a new reading of 61.8 points. The assessment of the economic situation in Germany increased somewhat, and currently stands at minus 66.4 points, 0.1 points higher than in December 2020. “Despite the uncertainty about the further course of the lockdown, the economic outlook for the German economy has improved slightly. The results of the ZEW Financial Market Survey in January show that export expectations in particular have risen significantly,” comments ZEW President Professor Achim Wambach on the current expectations.

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  5. 18.01.2021 · ZEW (awh)
    Comment
    Competition

    Today, the German Bundesrat is expected to pass the amendment to the Act Against Restraints of Competition (GWB). Professor Achim Wambach, president of ZEW Mannheim and member of the Monopolies Commission, comments on this matter:

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  6. 14.01.2021 · ZEW (fhe/deg)
    Comment
    Economic Growth | Coronavirus
    Professor Dr. Friedrich Heinemann on the GDP estimate of the Federal Statistical Office.

    The Federal Statistical Office today released its first estimate of the decline in gross domestic product (GDP) in 2020. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim, comments on this matter:

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  7. 14.01.2021 · ZEW (fhe/sel)
    Research
    Coronavirus
    Members of the state parliament expect a balanced budget after the end of the coronavirus pandemic.

    The coronavirus pandemic puts a considerable strain on public finances in Germany. Nevertheless, amid the crisis, a large and stable majority of state parliament members is backing the debt brake: Just over two thirds of the state MPs are in favour of returning to a balanced budget after the coronavirus pandemic. However, more than half of respondents say they are open to reforming the debt brake to allow larger deficits for investment. This is the result of a survey conducted by ZEW Mannheim and the University of Mannheim among members of all 16 German state parliaments in the period between May and July 2020.

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  8. 05.01.2021 · ZEW (fbe/sel)
    Research
    Labour Market | Germany | Europe
     There are enormous differences between the 18 European countries for dropouts.

    A high number of university students also leads to an increased number of dropouts. The income of persons in Europe who dropped out of university is on average eight per cent higher than that of employees who have never been enrolled in higher education; at the same time, it is 25 per cent lower than the income of people who left university with a degree. The latter also have significantly better employment opportunities than dropouts. This is the result of a study conducted by Dr. Francesco Berlingieri and Theresa Bolz from the Research Department “Labour Markets and Human Resources” at ZEW Mannheim. Using data from 18 European countries, the researchers have examined the income and employment situation of people who dropped out of higher education. In some cases, the study has revealed some considerable differences between the various countries.

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  9. 30.12.2020 · ZEW (awh)
    Comment
    EU Presidency | Germany | European policy
    Professor Dr. Achim Wambach on an eventful six months.

    Germany’s eventful six-month presidency of the Council of the European Union has now concluded with a trade deal with the UK and the prospect of an end to the seven-year negotiations between the EU and China on an investment agreement. Under Germany’s presidency, Europe also saw the adoption of both the COVID-19 recovery plan as well as the multiannual financial framework. The president of ZEW Mannheim, Professor Achim Wambach, comments on this matter:

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  10. 24.12.2020 · ZEW (awh)
    Comment
    Brexit | Trade agreement | Europe
    President of the ZEW Mannheim, Professor Dr. Achim Wambach.

    The European Union and the United Kingdom have agreed on a last-minute trade deal after tense negotiations. The president of ZEW Mannheim, Professor Achim Wambach, comments on this matter: “It is a relief that the wrangling over the withdrawal agreement and trade deal has finally been concluded, and that the incertitude has now come to an end. The agreement provides greater predictability and certainty for future trade relations between the EU and the UK.

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