External publications include all articles by IW scientists that have appeared in external scientific journals, books or as outstanding guest contributions (offline or online).
Data is the main resource of the digital economy. Accordingly, many companies strive for more and more data. 90 percent of Google's revenue and 95 percent of Facebook's revenue, for example, can be accounted to advertising based on personal data analytics. The disclosure of personal information is the exchange value for the use of numerous online services.
Can the rise of populism be explained by the growing chasm between rich and poor? With regard to Germany, such a causal relationship must be rejected.
In the era of digitalisation, data has emerged as a highly valuable business resource. However, it is rarely treated as consistently and transparently as other business assets.
The aim of the concept of inclusive growth is to derive political recommendations on the basis of selected indicators so that a maximum number of socio-economic groups may benefi t from the economic progress of a country.
In Germany, the labour force is ageing rapidly. At the same time, age heterogeneity within companies is rising. The literature on diversity argues that heterogeneity can have a positive as well as a detrimental effect on team outputs.
Even though the cost for owner-occupied homes fell sharply in the last years, homeownership rates in the EU remain sluggish. Sound economic policy would promote homeownership especially as rents are on the rise. Policies that facilitate schemes such as equity release options, housing saving plans and crowdlending seem promising.
The German housing market has changed significantly since the first decade of the new millennium. A considerable amount of public sector and company-owned employee housing has been sold off, while a number of large publicly listed real estate firms have emerged. This has been particularly evident in North Rhine-Westphalia.
Even after two years of Brexit negotiations no deal between the EU and the UK has been settled. Today, the negotiation’s outcome seems as unpredictable as ever. This paper analyses twitter content as a proxy for the political and public debate with respect to Brexit.
Using harmonized household survey data, we analyze long-run social mobility in the United States, the United Kingdom, and Germany, and test recent theories of multigenerational persistence of socioeconomic status.
The United Kingdom will depart from the European Union in March 2019. Numerous open questions remain about details and conditions especially with regard to post-Brexit EU-UK trade relations. In case of a negotiation failure, a "hard Brexit" could cause considerably high costs on both sides of the Channel. In the short run, companies will be charged more than 15 billion euro as tariffs. In the long run, UK-EU trade could be reduced up to 50 percent.