Increase in Personal Contacts Spurs Economic Activity

This summer the economic outlook in Germany is bright. As the pandemic is in retreat, the restrictions will be gradually lifted, and a strong boost in private purchases can be expected. The IWH forecasts that gross domestic product will increase by 3.9% in 2021 and by 4.0% in 2022.

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IWH Bankruptcy Update: No Bankruptcy Wave in Sight and Number of Impacted Jobs at a Low

Considerably faster than the official statistics, the IWH Bankruptcy Update provides a monthly update on corporate bankruptcy. In May, the number of corporate bankruptcies once again fell significantly. The number of jobs impacted by bankruptcy has fallen to the lowest level witnessed since the Corona outbreak.

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Relaxation of Corona containment measures: more economic mobility, but also more COVID-19 cases

Estimates suggest that the recent relaxation of Corona containment measures in Germany lead to an increase in economic mobility by more than ten percentage points and the number of new infections and deaths in Germany by 25%. Conclusion: We need better testing and quarantine strategies and quicker vaccinations.

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During Corona, households are saving more for lack of spending opportunities

During the Corona crisis, European households are saving more – not due to economic uncertainty but for lack of spending opportunities in the face of lockdown measures. This allows an optimistic forecast for post-Corona economic recovery as soon as the lockdown is lifted. 

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IWH issues warning of a new banking crisis

The coronavirus recession could mean the end for dozens of banks across Germany – even if Germany survives the economic crisis relatively unscathed. IWH President Reint Gropp warns of a potentially high additional burden for the already weakened real economy.

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IWH hosts award-winning US economist

The renowned Max Planck-Humboldt Research Award 2019 goes to Ufuk Akcigit, Professor of Economics at the University of Chicago. At the IWH, Akcigit aims to use innovative methods to investigate why the economy in eastern Germany is still lagging behind that in western Germany – and what role the privatisation process 30 years ago played in this.

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IWH leads large scale EU project on productivity

Is productivity growth slowing in industrialised countries? And if so, why? From the start of 2019, the IWH will be addressing these decisive questions as the leading coordinator of a new European research collaboration: MICROPROD is the largest EU project in the history of the institute.

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IWH Bankruptcy Update

682

firms in Germany filed for bankruptcy last month. This represents a

11
percent decrease over April.

Press Releases

15.06.2021 • 16/2021

Increase in personal contacts spurs economic activity

Professor Dr Oliver Holtemöller
Abstract

This summer the economic outlook in Germany is bright. As the pandemic is in retreat, the restrictions that have hampered many service activities are likely to be gradually lifted, and a strong boost in private purchases can be expected. The Halle Institute for Economic Research (IWH) forecasts that gross domestic product will increase by 3.9% in 2021 and by 4.0% in 2022. Production in East Germany is expected to increase by 3% in both years, respectively.

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10.06.2021 • 15/2021

Mehr Ausgaben für Beamtenpensionen – deutlich höhere Versorgungs-Steuerquoten dennoch nur bei Gemeinden erwartet

Professor Dr Oliver Holtemöller
Abstract

Die Finanzierung der Pensionen von Beamten, Richtern und Soldaten ist bis 2080 weniger problematisch als die Finanzlage der gesetzlichen Rentenversicherung. Wie aus einer Studie des Leibniz-Instituts für Wirtschaftsforschung Halle (IWH) hervorgeht, wird sich der Anteil der Versorgungsausgaben für Beamtenpensionen an den Steuereinnahmen für Bund und Länder nicht deutlich erhöhen – vorausgesetzt, dass mit rückläufiger Bevölkerung auch die Anzahl der Beamten reduziert wird und das zahlenmäßige Verhältnis von Beamten zur Bevölkerung insgesamt nicht steigt.

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08.06.2021 • 14/2021

IWH Bankruptcy Update: Still No Bankruptcy Wave in Sight; Number of Impacted Jobs Reaches New Low

Professor Dr Steffen Müller
Abstract

In May the number of corporate bankruptcies once again fell significantly. A jump in June is also unlikely, according to early indicators assessed by IWH. The number of jobs impacted by bankruptcy has fallen to the lowest level witnessed since the Corona outbreak. The IWH Bankruptcy Report, published by the Halle Institute for Economic Research (IWH), provides a monthly update on German bankruptcy statistics.

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06.05.2021 • 13/2021

IWH Bankruptcy Update: Upward Trend in Bankruptcies Stopped; Reintroduction of Filing Requirement Unlikely to Generate Bankruptcy Wave

Professor Dr Steffen Müller
Abstract

Following a rising trend in recent months, the number of corporate bankruptcies fell significantly in April. The number of impacted jobs also remained at modest levels. After a recent sharp rise in the bankruptcy statistics for microbusinesses (which has drawn little press attention), the upward trend for this subcategory loses steam. These are the key findings of the IWH Bankruptcy Update, which provides monthly statistics on corporate bankruptcies in Germany.

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21
Jun 2021

14:15 - 15:45

IWH Research Seminar

Virtual Lecture: We were the Robots: Automation and Voting Behavior in Western Europe

Italo Colantone  Bocconi University
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