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Michael Grömling in World Economics Journal External Publication 18. May 2020 Measuring Modern Business Investment: A Case Study for Germany

An extended concept for intangible investment does not lead to additional investment momentum in the case of Germany. This corresponds to experiences with former extension of investments in national accounts.

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External Publication
Measuring Modern Business Investment: A Case Study for Germany
Michael Grömling in World Economics Journal External Publication 18. May 2020

Measuring Modern Business Investment: A Case Study for Germany

Artikel in World Economics

German Economic Institute (IW) German Economic Institute (IW)

An extended concept for intangible investment does not lead to additional investment momentum in the case of Germany. This corresponds to experiences with former extension of investments in national accounts.

Also, growth in real GDP and the related labour productivity dynamics are not higher when a broader definition of investment in the form of intangibles is applied. Even if the investment processes are defined beyond the measurement concept for intangibles established by Corrado, Hulten and Sichel, there are no fundamentally different findings for German investment dynamics based on a special company survey. However, these findings should not be misunderstood as suggesting there is no need for action in terms of statistical measurement. Extended concepts and estimates signal for Germany considerable level effects of a more broadly defined investment concept.

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External Publication
Measuring Modern Business Investment: A Case Study for Germany
Michael Grömling in World Economics Journal External Publication 18. May 2020

Michael Grömling: Measuring Modern Business Investment – A Case Study for Germany

Artikel in World Economics

German Economic Institute (IW) German Economic Institute (IW)

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Determinants of personnel planning in Germany
Michael Grömling / Stefanie Seele IW-Report No. 27 21. May 2024

Determinants of personnel planning in Germany

The German labor market has been growing since 2005. The dip in the wake of the coronavirus pandemic between 2020 and 2022 is an exception, as the German labor market has reached a record level of 45.9 million people in employment by 2023.

IW

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Galina Kolev-Schaefer / Thomas Obst / Thomas Puls IW-Report No. 1 2. January 2024

Effects of the Middle East conflict on the German economy

Beyond the humanitarian crisis associated with the geopolitical conflict in Israel, which affects millions of human lives, the Middle East conflict also leaves lasting marks on economic activity not only in the affected region, but also in Germany and the ...

IW

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