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Studies
Scientific Publications of the Cologne Institute for Economic Research: IW-Trends, IW policy papers, IW-Analysen, IW-Studien, IW-Reports, IW-Kurzberichte and Expertises. Read more about our Approach to Research.
German Wage Policy between Inflation and Stagnation:
Are Conflicts with the Aims of Monetary Policy Looming?
Hagen Lesch
After the economic and financial crisis of 2008/9, the German labour market soon began to recover, creating scope for a comparatively expansive wage policy.
Dependency of the German and Italian Industry on China Intermediate Inputs
External Publication
17. April 2024
Not so Different?:
Dependency of the German and Italian Industry on China Intermediate Inputs
Samina Sultan at IEP@BU Policy Brief
On average the German and Italian industry display a very similar intermediate input dependence on China, whether accounting for domestic inputs or not.
Leadership in transformation:
Megatrends and management as a driver of change
Lena Suling / Julia Wildner
Leadership dynamics in companies are subject to constant change in order to meet the challenges of their time. Today, the greatest influences result from developments such as demographic change, globalization, individualization, structural change and technologization in the economy.
China’s Trade Surplus – Implications for the World and for Europe
External Publication
9. April 2024
China’s Trade Surplus – Implications for the World and for Europe
Jürgen Matthes in Intereconomics
China’s merchandise trade surplus has reached an all-time high and is likely to rise further. A key driver appears to be a policy push to further bolster Chinese domestic manufacturing production, implying the danger of significant overcapacities.
Despite certain changes, German import dependencies on China remained at a similar level overall in 2023 as in the previous year in the overall picture. This means that de-risking on the import side can only be recognised to a limited extent.
Christian Rusche / Thilo Schaefer in Intereconomics
Ursula von der Leyen was elected President of the European Commission by the European Parliament in July 2019. She assumed office in November 2019 and unveiled the European Green Deal in December 2019 (European Commission, 2023a) as a focal point of European politics.
Christian Rusche / Thilo Schaefer in Intereconomics
IW
In 2023, half of the companies in Germany reported increasing problems in filling vacancies for management positions because employees are not aiming for a career. Larger companies are less affected than small companies.
At the latest since the Russian war of aggression in Ukraine and the decision to open accession talks with the country, the topic of enlargement has once again become much more important for the European Union (EU).
The decline in collective bargaining coverage in Germany is often attributed to the reluctance of companies to join an employers' association which negotiates collective agreements.
A possible re-election of Donald Trump as US president in November 2024 could entail a significant upheaval for the world trading order, if he fulfills his announcements to raise tariffs, mainly in order to reduce the US trade deficit.
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Understanding Science
The scientific work of the German Economic Institute is independent and solution-oriented, internationally networked and socially relevant, methodologically open and interdisciplinary. We address the scientific discourse of experts, the general public as well as opinion leaders in politics, business and society. We want to be an audible voice in the economic policy discourse in Germany.
Our work is innovative and confronts the scientific discourse: On the basis of scientifically recognized standards, we apply new methods, use new data sets, discuss new arguments and provide solution-oriented answers to current questions in economic analysis and economic policy. Our statements are theoretically founded and, where it is methodologically and empirically possible, evidence-based. We ensure that both the data basis and the methodological approaches are comprehensible. Modern methods of empirical economic and social research are as much a part of our tools as in-depth analyses of the institutional and political-economic conditions of economic developments.
We do not exclude any theoretical and methodological approach, because diversity and competition promote progress in the sciences. The decisive factor is not a traditional paradigm, but whether and how a scientific approach leads further in the search for decision-guiding and action-relevant knowledge. Our research is not limited to economics, but is connectable to the debates and insights of other disciplines, such as ethics, history, education, political science, psychology, law, and sociology.
Our research is aware of its normative conditionality. Every science of human social action requires a normative clarification of the concept of man. Freedom and (co-)responsibility are the central values for us. We see the human being as a being capable of freedom and responsibility, who in this sense is enabled and called upon to competent decisions and actions. In our view, open, liberal and democratic societies require a liberal and competitive economic order that counts personal responsibility and shared responsibility among its constitutive elements.
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