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Markus Demary ·
IW-Kurzbericht Nr. 3 ·
14 January 2021

Will COVID-19 Cause Insolvencies, Zombification or Debt Deleveraging?

The COVID-19 pandemic has worsened the financial positions of many companies. For the next months, a wave of insolvencies, a zombification caused by rescue measures or a debt deleveraging are on the table. Which of the three scenarios will dominate, depends, however, on the efficiency of restructuring measures.

Alexander Burstedde / Ruth Maria Schüler ·
IW-Trends Nr. 4 ·
6 January 2021

Are Wages in Germany Responsive to Skilled Labour Shortages?

The demographic transition is confronting Germany with a growing shortage of skilled workers. In a simple, static labour market model, wages in occupations where the demand for labour is high should rise at an above-average rate to restore market equilibrium.

Dominik Enste / Julia Wildner / Lucia Nafziger ·
IW-Report Nr. 1 ·
1 January 2021

Going green with behavioural economics: How to combine business and ethics

This paper calls for an increased discourse between Fridays for Future and representatives of business. Fridays for Future play a key role in educating the public and raising awareness of scientific reports, such as the Intergovernmental Panel on Climate Change (IPCC) assessment, which demonstrate the urgency with which we must tackle climate change.

Susanna Kochskämper / Silvia Neumeister / Maximilian Stockhausen ·
IW-Trends Nr. 4 ·
28 December 2020

Who Nurses When and How Much?: An Inventory of Home Nursing Care in Germany

German society is ageing and the need for nursing care is increasing. In 2017, just under 5 million people claimed to be providing nursing care in a private setting. An analysis of the data from the Socio-Economic Panel provides a heterogeneous picture of how the home care burden is shared.

Jürgen Matthes / Galina Kolev ·
IW-Policy Paper Nr. 28 ·
21 December 2020

RCEP: What the trade agreement means for the EU and the German economy

RCEP is relevant for Europe, but it is over-estimated in some respects. Compared with EU trade agreements, trade liberalisation remains low. This is mainly because, already before, about five sixths of intraregional trade took place between partners under bilateral free trade agreements (FTAs), so that tariffs reduction is low overall.

Results of the IW Survey of Further Training 2020

Susanne Seyda / Beate Placke ·
IW-Trends Nr. 4 ·
16 December 2020

Continuing Vocational Training Goes on Growing

The latest IW Survey of Further Training shows that 87.9 per cent of companies in Germany offer their employees continuing vocational training. In 2019, an average of 18.3 hours per employee was spent acquiring additional skills in this way, a full hour more than in 2016.

Updated Findings on the Potential Employment Effects of Digitalisation

Oliver Stettes ·
IW-Trends Nr. 4 ·
16 December 2020

(No) Fear of Robots?

The effect of digital technologies on employment remains diffuse. Recent empirical analyses at the establishment and occupational levels certainly find no evidence that the digital transition has led, or will lead, to systematic job cuts.

An Analysis of Socio-economic Aspects of Internal Migration Based on the Microcensus

Wido Geis-Thöne ·
IW-Trends Nr. 4 ·
14 December 2020

The Highly Qualified Move More Frequently Between Regions

Very little is yet known about the socio-economic aspects of internal migration, as migration statistics report merely age, sex, nationality and where the move was to and from. Only since the 2017 survey has the German microcensus included a compulsory question regarding place of residence the previous year, making it useful for studies on internal migration.

Martin Beznoska / Judith Niehues / Maximilian Stockhausen ·
IW-Report Nr. 65 ·
10 December 2020

Stable through the crisis?: Distributional Consequences of the Corona Pandemic - A Microsimulation Analysis

The corona pandemic has had a decisive impact on the year 2020 and, at least in recent times, has had an unprecedented (negative) impact on society and the economy. At the core of this simulation study is therefore the question of how the corona pandemic has affected income levels and social inequality in Germany, and to what extent automatic stabilizers of the social security system and additional financial aid measures have been able to cushion distortions caused by the crisis.

Markus Demary / Michael Hüther ·
IW-Kurzbericht Nr. 122 ·
9 December 2020

ECB Strategy Review - The New Pillars: Communication and Climate Change

The European Central Bank (ECB) is reviewing its strategy. Key pillars are its communication and how monetary policy should address climate change. We advise the ECB to strengthen its communication especially with social groups unfamiliar with monetary policy. When it comes to climate change, the ECB should be responsive, but not activist.