presse@iwh-halle.de
Wie die Finanzaufsicht reformiert werden sollte
Michael Koetter
Wirtschaftswoche, 11. März 2024
Using unique firm-level data across 48 developing countries and 36 manufacturing industries, we gauge the importance of international banks’ presence for promoting entrepreneurship, as measured by business formation.
On Thursday, 10 November 2016, a PhD workshop on financial market topics with Professor Dr Claudia Buch, Vice-President of the Deutsche Bundesbank, will take place from 9:00 a.m. to 4:00 p.m. in the conference room of the Leibniz Institute for Economic Research Halle (IWH).
We analyse whether the increase in trade exposure induced by the rise of China and the transformation of Eastern Europe has been a driver of the severe decline in collective bargaining coverage rates among German establishments from the mid 1990s onwards, which has been identified as a major source of rising wage inequality in Germany.
We show that occasional deviations from efficient wage-setting generate strong and statedependent amplication of exogenous uncertainty shocks and contribute to explain the observed countercyclicality of empirical measures of aggregate uncertainty.
Der Aufschwung in Deutschland und im Euro-Raum setzt sich fort. Für Deutschland rechnet der Sachverständigenrat mit Zuwachsraten des realen Bruttoinlands-produkts von 1,9% im Jahr 2016 und 1,3% im Jahr 2017.
In a meta-analysis of 115 experimental impact evaluations, we find that financial education significantly impacts financial behavior and, to an even larger extent, financial literacy.
The workshop provided a platform to discuss new developments in the field of empirical and applied macroeconomic modelling and aimed at bringing together academic researchers and practitioners.
We show that temporary place-based subsidies generate persistent effects on economic density. As our design allows us to control for agglomeration economies, we attribute an important role to policy-induced locational advantage (e. g. capital structures) in explaining persistent spatial patterns of economic activity.