1. 15.12.2021 · ZEW (tkn/tri/sel)
    Research
    Market design | Optimal distribution
     Symbolic picture of three children in the day care center.

    The search for a suitable childcare offer in Germany is often made difficult by an acute shortage in nursery schools places, complicated registration procedures and non-transparent allocation criteria. This leads to great uncertainty for both parents and their employers over when they can return to work, disadvantages for households with a low educational background and avoidable administrative burdens for nursery staff. A new procedure being piloted by economists at ZEW Mannheim, the University of Münster and the University of Oxford builds on the “theory of stable allocations” and makes it possible to allocate nursery places in a quick, fair and transparent manner.

    Read more

  2. 14.12.2021 · ZEW (cmb/fhe/sel)
    Research
    ECB | Eurozone | Public bond
    Picture of the ECB in Frankfurt as a symbolimage.

    The ECB is about to decide on the future of its bond-buying programmes. A new study by ZEW Mannheim with the support of the Brigitte Strube Stiftung examined the government bond purchases in terms of their allocation among eurozone countries over time. The results show that since the beginning of the pandemic the share of purchases of government bonds from Cyprus, Italy, Slovenia, Spain and Ireland under its two purchase programmes, PSPP and PEPP, has significantly exceeded the ECB’s capital key. The PSPP programme has already been active since 2015, while the PEPP was launched in March 2020 to cushion the effects of the COVID-19 crisis. The deviations of the share of purchases from the ECB capital key, which serves as a benchmark, are smaller this year than in 2020. While Italy’s PEPP shares were still clearly above the national capital key in the first year of the pandemic at 13.1 per cent, they deviated by only 2.5 per cent from January to September 2021.

    Read more

  3. 08.12.2021 · ZEW (rge/she/sel)
    Research
    Wind turbine | Elections | Electricity price | Renewable Energies | Climatology | Energy Policy
    Photo of a village in the green with wind turbines in the background.

    Citizens’ preference for green electricity tariffs decreases when a wind turbine is built in their immediate vicinity. This is a central result of a study conducted by ZEW Mannheim together with the French university Mines ParisTech and the University of Mannheim.

    Read more

  4. 07.12.2021 · ZEW (ssi/hsh/deg)
    Research
    Income distribution | Social inequality | Fiscal policy | Child benefits | Social Policy
     The Reichstag building in the background, Europe and Germany flag in the foreground.

    The plans of the ‘traffic light coalition’, named after the parties’ traditional colours, to increase the minimum wage and introduce a basic child allowance (Kindergrundsicherung) will have a positive financial impact, especially for low-wage earners. Both measures will lead to higher incomes for up to ten million Germans, according to calculations by ZEW Mannheim on behalf of Süddeutsche Zeitung. The calculations are based on the economic model ZEW-EviSTA and data of the Socio-Economic Panel (SOEP).

    Read more

  5. 07.12.2021 · ZEW (msc/fbr/thc/sel)
    ZEW Indicator of Economic Sentiment
    ZEW Indicator of Economic Sentiment | ZEW Financial Market Survey | Business survey | Short-term forecast | Business cycle research | Cyclical indicator | Germany | Europe
    ZEW Indicators of Economic Sentiment Decline by 1.8 Points.

    The ZEW Indicator of Economic Sentiment for Germany decreased in the current December 2021 survey, falling 1.8 points to a new reading of 29.9 points. The assessment of the economic situation in Germany has worsened again in the current survey. The corresponding indicator dropped 19.9 points to a level of minus 7.4 points. This is the first time since June 2021 that the situation indicator has been in negative territory again. Compared to the previous month, the outlook for economic development in the next six months has deteriorated considerably.

    Read more

  6. 06.12.2021 · ZEW (fhh/sel)
    Personnel
    Personalia | Labour Market | Health

    As of July 2022, Professor Nicolas Ziebarth will head the Research Department “Labour Markets and Human Resources” at ZEW Mannheim. The role as research department head is linked to a professorship in the Department of Economics at the University of Mannheim. Ziebarth is an economist at the renowned Cornell University in the US, where he has been studying the interaction of (social) insurance systems with labour markets and population health for more than ten years. His primary research interests are sick pay, reduced earning capacity pension, job security and undeclared work.

    Read more

  7. 06.12.2021 · ZEW (fpf/deg)
    Research
    Education | University education | Educational success | Educational research
     Students sit in a lecture hall and write.

    About one in four students in Germany drops out of a bachelor’s programme and about one in six drops out of a master’s programme. Although many of those affected start vocational training after dropping out, the time spent at university has negative financial consequences both for the tax authorities and for the dropouts themselves, according to a recent study by ZEW Mannheim. On the one hand, dropping out becomes a negative business for public budgets: Compared to high school graduates who go straight into vocational training, the government expenditure for dropouts exceeds the expected income from taxes and other levies over the following 40 years of their working lives. On the other hand, dropouts face a negative individual return on education compared to the reference group.

    Read more

  8. 29.11.2021 · ZEW (fhe)
    Comment
    Inflation | Consumer Price Index | Statistical office
    Image of the ZEW Economist Friedrich Heinemann.

    The Federal Statistical Office published its preliminary results on the development of the German inflation rate in November 2021. According to the calculations, the inflation rate measured by the German consumer price index rose further to 5.2 per cent compared to the previous month. Professor Friedrich Heinemann, head of the Research Department “Corporate Taxation and Public Finance” at ZEW Mannheim, comments on this matter:

    Read more

  9. 29.11.2021 · ZEW (pab/kso/deg)
    Research
    Labour force integration | Social integration | International Migration | Migration policy | Migration research | Refugees
    Bar chart showing the correlation between active volunteer groups and contact among refugees.

    Civic engagement in Germany has played an important role in the integration of migrants since autumn 2015. Migrants living in regions with active volunteer groups have had more frequent contact with Germans, have better German language skills and higher life satisfaction. These are the results of a recent study by ZEW Mannheim.

    Read more

  10. 15.11.2021 · ZEW (fbr/deg)
    Research
    Financial Markets | Money and Financial Markets | Inflation | Inflation rate
    It is not only consumers who are currently worried about rising inflation. Financial market experts also expect a higher inflation rate.

    The currently very high consumer price inflation rates in the euro area are expected to gradually decline over the next two years, but are projected to remain well above the ECB’s target of two per cent over this period. Disruptions in international supply chains, raw material shortages and high energy prices are expected to become less important drivers of inflation by 2023. On the other hand, the relevance of wage growth in the euro area for the experts’ inflation expectations has increased significantly compared to previous surveys, especially for the year 2022.

    Read more

Contact

Press Officer

Phone: +49 0621 1235-133

sabine.elbert@zew.de