Gross domestic product
Gross domestic product Gross domestic product (GDP) includes the value of all goods and services produced in an economic area during a specific period of time. It is ...
See page
Macro data interactive
Macro data interactive This service provides time series from official publications (Statistisches Bundesamt [German Federal Statistical Office], Arbeitskreis...
See page
At a Glance
IWH at a Glance The Halle Institute for Economic Research (IWH) – Member of the...
See page
Alumni
IWH Alumni The IWH would like to stay in contact with its former employees. We...
See page
Overview, Contact and Opening Hours
Library The IWH scientific library is specialized in economics, corresponding to...
See page
Rental Prices IWH Rooms
Rental Prices IWH Rooms Rental Prices for IWH Rooms (german, pdf) What External Employees have to pay, if they want to use the conference room, the seminar rooms or the...
See page
08.09.2022 • 22/2022
Energy crisis in Germany
Dwindling gas supplies from Russia and soaring prices for gas and electricity are leading to massive real income losses and a recession in Europe and Germany. The Halle Institute for Economic Research (IWH) forecasts that German gross domestic product (GDP) will increase by 1.1% in 2022 and decrease by 1.4% in 2023. Consumer prices are expected to rise by 7.9% in 2022 and 9.5% in 2023.
Oliver Holtemöller
Read press release
17.08.2022 • 19/2022
Labour mobility is part of structural change
The coal phase-out will also change the affected regions in that part of the workforce will migrate. Politicians should take this process into account in structural policy, because it cannot be completely prevented. A study published by the Halle Institute for Economic Research (IWH) illustrates this with a historical example.
Oliver Holtemöller
Read press release
Do Firms Respond to Gender Pay Gap Transparency?
Morten Bennedsen, Elena Simintzi, Margarita Tsoutsoura, Daniel Wolfenzon
Journal of Finance,
No. 4,
2022
Abstract
We examine the effect of pay transparency on the gender pay gap and firm outcomes. Using a 2006 legislation change in Denmark that requires firms to provide gender-disaggregated wage statistics, detailed employee-employer administrative data, and difference-in-differences and difference-in-discontinuities designs, we find that the law reduces the gender pay gap, primarily by slowing wage growth for male employees. The gender pay gap declines by 2 percentage points, or 13% relative to the prelegislation mean. Despite the reduction of the overall wage bill, the wage transparency mandate does not affect firm profitability, likely because of the offsetting effect of reduced firm productivity.
Read article