IW policy paper, 3 November 2017 Wido Geis

Labour market potentials of the freedom of movement for workers Arrow

The freedom of movement for workers is one of the core principles of the European Union and most Europeans have positive attitude towards it. 75 percent regard it as a good and only 9 percent as a bad thing. Nevertheless, the number of persons moving from one EU member country to another is still small.  more

Capital cities: Usually an economic driving force
IW News, 20 October 2017 Matthias Diermeier / Henry Goecke

Capital cities: Usually an economic driving force Arrow

In almost every European country, the capital contributes strongly to the countries’ economy. However, according to the Cologne Institute for Economic Research (IW), there is one exemption: Germany. Without Berlin, the German gross domestic product (GDP) per capita would be even higher. more

IW-Report, 24 October 2017 Jürgen Matthes

How sustainable are government debts in the formerly stressed Southern European countries? Arrow

How sustainable are government debts in the formerly stressed Southern European countries?

Will the sovereign debt of Italy, Spain and Portugal remain viable even if interest rates rise again and a moderate recession occurs? This debt sustainability analysis which comprises three relatively realistic scenarios and extends to 2022 comes to a differentiated conclusion. more

EU Partners benefit from Germany's US export success
IW-Kurzbericht, 5 October 2017 Manuel Fritsch / Galina Kolev / Jürgen Matthes

EU Partners benefit from Germany's US export success Arrow

In the debate of the US current account deficit, Donald Trump focuses his criticism to a large extent on Germany. But in the case of a trade war it would not affect Germany alone. Due to intermediate input linkages, hundreds of thousands of jobs in the EU partner countries depend on the success of German exports to the US.  more

Event, 7 November 2017 Breakfast debate

Product Labelling - the Industrial Customer's Perspective Arrow

Labelling is recognized as a useful regulatory tool to bridge product-related information gaps in business-to-consumer (B2C) relations. When purchasing home appliances, uninformed consumers tend to be guided by the green-to-red-scale to learn about energy efficiency performance. This is where labels seem to make sense: they compensate for market failure.  more

Chinese take-overs in Europe
Contribution, 10 October 2017 Jürgen Matthes

Chinese take-overs in Europe Arrow

How does the EU Commission’s idea of closer scrutiny of Chinese investments into European companies square with the same Commission’s advocacy in favour of open markets and free movement of capital? It is a delicate balance to strike between intervention and free markets. The EU needs to be careful not to lose credibility and scare away foreign investors which could endanger the many advantages of inflowing foreign direct investment. more

IW-Report, 18 September 2017 Daniel Bendel / Markus Demary / Michael Voigtländer

How do higher interest rates impact companies’ financial situation? Arrow

Companies’ access to finance has an important impact on their profitability and growth prospects. Without external financing, most firms are not able to invest, which is a prerequisite for economic growth. Unlike in the US, which has a capital market-based financial system, banks are the dominant lenders for firms in the Eurozone.  more

Euro area
IW News, 27 September 2017 Markus Mill / Jürgen Matthes

Euro area: When horizons exceed red lines Arrow

Emmanuel Macron's proposals for euro area reforms go well over the target. They are unrealistic and over-ambitious with regard to the outcome of the German elections. The euro area needs a common understanding of the fundamental issues of the Eurozone. more

The Future of Mercorsur: What’s at stake for the EU?
Event, 16 October 2017 Debate

The Future of Mercorsur: What’s at stake for the EU? Arrow

The Cologne Institute for Economic Research (IW Köln) and the German Institute for International and Security Affairs – Stiftung Wissenschaft und Politik (SWP) are kindly inviting you to a jointly organised expert exchange on the on-going negotiations for a new trade agreement between the EU and Mercosur.  more

Markus Demary in LSE Business Review
Contribution, 20 September 2017 Markus Demary in LSE Business Review

The US should not roll back financial regulation Arrow

The Dodd-Frank Act is not perfect, but it's a framework that can mitigate systemic risks, writes Markus Demary, senior economist in the research unit financial and real estate markets at the Cologne Institute for Economic Research (Institut der deutschen Wirtschaft Köln). more

IW-Kurzbericht, 13 September 2017 Sandra Parthie / Wolfgang Eichert

German elections and what to expect for the European agenda Arrow

While the populist equivalents to the likes of Marine Le Pen’s Front National or Geert Wilder’s Dutch party are much less center-stage in the German elections, the outcome and thus the impact on the EU is still uncertain. However, all the probable coalitions will not overhaul the current German stance on European politics. But proposals to change the governance of the EU Economic and Monetary Union (EMU) are on the agenda of all parties, of course with very different emphasis.  more

Quality of work
Press Release, 21 August 2017 Andrea Hammermann / Oliver Stettes

Quality of work: employees are satisfied Arrow

According to a recent study of the Cologne Institute for Economic Research (IW), the majority of employees in the EU are satisfied with their job.  more

IW News, 13 September 2017 Barbara Engels

Cyber security – Safety belt of the digital society Arrow

The economic costs caused by cyberattacks have quintupled over the past four years. Not a single week passes by without a company being prominently hacked. The European Commission is now reacting with a new version of its cyber security strategy – a long overdue step. more

IW-Kurzbericht, 1 September 2017 Jürgen Matthes

Beware of tighter social standards in free trade agreements Arrow

Members of the EU Parliament call for tighter social standards in EU free trade agreements underpinned by sanctions in case of violations. The objective of this is to help workers in developing countries – but the opposite could be the case. more