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  Press Releases // 17.12.2024

  Snap Elections and ECB Monetary Policy Grounds for Optimism

  cuts, the economic outlook is improving. Our daily analyses also show that after the meeting of the European Central Bank’s Governing Council on 12 December, experts still expect further interest rate cuts [...] temporary phenomenon,” comments ZEW President Achim Wambach on the survey results. The financial market experts’ sentiment concerning the economic development in the eurozone is currently more positive
• Projects // 01.02.2025

  The role of fiscal policy for monetary decision making in the ECB – Empirical diagnosis and monitoring ECB transparency

  extraordinary crisis situations, in terms of monetary policy. However, these interventions in the markets for long-term euro government bonds are in conflict with the Maastricht monetary order and have prompted [...] information, and scientific findings. This communication strategy aims to enhance the transparency of European monetary policy through the transfer of knowledge from an independent Leibniz research institute
• Publications // 20.11.2024

  Refereed Journal - The integration of migrants in the German labour market: evidence over 50 years

  cohorts after structural shocks hit the German labour market in the early 1990s. Lastly, we examine the integration of recent arrivals during the European refugee ‘crisis’ and the Russo-Ukrainian [...] important destination for migrants worldwide. Using all waves from the microcensus, we study their labour market integration over the last 50 years and highlight differences to the US case. Although the
• Publications // 15.11.2024

  Discussion and Working Paper - Leveling the Playing Field? A Qualitative and Quantitative Examination of the EU Directive on Public Country-by-Country Reporting

  regime, with the aim of promoting a level playing field for businesses operating within the EU Single Market. The directive seeks to bolster tax transparency requirements for multinational enterprises (MNEs)
• Publications // 14.11.2024

  ZEW Discussion Paper - Labor Market Integration of Asylum Seekers in Europe: Recent Trends and Barriers

  The labor market integration of asylum seekers remains a contested issue. Using the EU-Labor-Force-Survey, we characterize the state of asylum seekers’ labor market integration in Europe, and provide [...] seekers to natives and economic migrants and find that asylum seekers struggle to integrate across European states, exhibiting employment rates of 10 percentage points lower than that of natives, on average
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  Press Releases // 07.11.2024

  Germany Needs a Government Capable of Acting as Soon as Possible

  climate neutrality with economic growth and social policy in Europe – to achieve a socio-ecological market economy. It has not lived up to this aspiration. The economy is stagnating and investments are not [...] capital and facing the challenges of Europe’s economic resilience and security together with the European partners without jeopardizing financial stability.”
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  Press Releases // 06.11.2024

  Urgent Need to Strengthen Our Economic Competitiveness

  “Europe benefits from open markets. However, Trump plans to raise tariffs and lower corporate taxes in the US. This will only deepen Europe’s economic difficulties as European companies will feel even more [...] products there. Germany and the EU urgently need to strengthen their own economies; only a dynamic single market can protect us from being crushed between the US and Chinese economic blocs. Europe also relies
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  News // 21.10.2024

  How Do Think Tanks Work?

  left unsaid, but my impression was that the conversations were very candid. We talked about US and European relations with China and what to expect if Trump is re-elected. Many think tanks have a clear mission [...] lectures and meeting colleagues. The other half was spent visiting institutions. I gave talks on European economic and climate policy, discussed ZEW’s research topics and took part in lunch debates on current [...] yes! A good example is the Bruegel think tank in Brussels, which caps private donations from any single company and has many corporate sponsors, along with compliance rules. So far, Germany’s current system
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  News // 22.10.2024

  Empowering Migrant Girls Through Digital Education

  (BMBF) under the “Integration through Education” programme, which also includes funding from the European Social Fund Plus (ESF Plus). - The joint project aims to facilitate access to digital educational [...] confident about their own digital skills. This is intended to improve their access to the labour market – e.g. their chances of obtaining a training or study place. ZEW’s main task in this project is analysing [...] data for the research project,” explains Dr. Guido Neidhöfer , senior researcher at ZEW’s “Labour Markets and Social Insurance” Unit and contact person for the area “Education and Social Mobility”.
• Publications // 14.10.2024

  ZEW Discussion Paper - Regulated Correlations — Climate Policy and Investment Risks

  quantity-based policy instruments under risk-neutrality. Using the European power sector as a case study, we calibrate an electricity market model with stochastic demand and find that, compared to a carbon