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Rise in Expectations

The ZEW Indicator of Economic Sentiment Stands at 61.8 Points

19.01.2021 · ZEW (msc/fbr/jrr/sel)

ZEW Indicator of Economic Sentiment

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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ZEW President Achim Wambach on the GWB Amendment

“The German Approach Has a Certain Elegance”

18.01.2021 · ZEW (awh)

Comment

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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“This Agreement Was Born Out of a Common Interest”

15.01.2021 · ZEW (ggr/lra)

Public Events

China’s importance for the global economy has been growing for years. And it will continue to grow. Since 2020, the country has been a member of the Comprehensive Economic Partnership (RCEP) in the Asia-Pacific region, the largest free trade zone in the world. Due to its great economic weight, the Chinese economy is now not only an important partner for the European Union, but also a competitor. After several years of negotiations, the EU and China have just reached an agreement on investment. ZEW President Professor Achim Wambach and Dr. Philipp Steinberg, head of economic policy at the German Federal Ministry for Economic Affairs and Energy (BMWi), discussed the agreement and fair competitive conditions for European companies at a #ZEWlive event on Wednesday, 13 January 2021. The event was moderated by Jessica Sturmberg.

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Politicians at State Level in Favour of Adding Investment Clause to Debt Brake

14.01.2021 · ZEW (fhe/sel)

Research

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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Large Differences in Income and Employment of University Dropouts

05.01.2021 · ZEW (fbe/sel)

Research

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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Coronavirus Crisis

Digitalisation

European Integration

Coronavirus Crisis

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ZEW expert brief No. 21-01

Landtagspolitiker stehen zur Schuldenbremse bei wachsender Unterstützung für Investitionsklausel

Expertises

Einführung einer Garantiesicherung

Expertises

Der EU-Vorschlag zum Country-by-Country Reporting im Internet – Kosten, Nutzen, Konsequenzen

ZEW Discussion Paper No. 20-090

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ZEW Discussion Paper No. 20-089

‘Pay-Later’ vs. ‘Pay-as-You-Go’: Experimental Evidence on Present-Biased Overconsumption and the Importance of Timing

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The European Green Deal – Reform or Regulatory Tsunami?
26.01.2021 · Scientific Events ZEW Lectures on Economic Policy
Speaker: Ottmar Edenhofer (Potsdam Institute for Climate Impact Research and Technische Universität Berlin)
Policies to Cope with the COVID-19 Crisis
27. - 28.01.2021 · Scientific Events Workshop
Weak Monotone Comparative Statics
01.02.2021 · Scientific Events Research Seminars: Virtual Market Design Seminar
Speaker: Fuhito Kojima (The University of Tokyo, Japan)
Current Topics in Political Economy
04. - 05.02.2021 · Scientific Events Workshop
Politics of Favoritism and its Economic Implications
04.02.2021 · Scientific Events Workshop
Keynote Speaker: Elias Papaioannou (London Business School, United Kingdom)

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Executive Directors Professor Achim Wambach and Thomas Kohl

Executive Directors

Achim Wambach, President
Thomas Kohl, Managing Director

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