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DIW Wochenbericht 1/2 / 2012
Nachdem die deutsche Wirtschaft 2011 noch um drei Prozent gewachsen ist, sind die Aussichten für 2012 durch die Krise im Euroraum überschattet. Dadurch wird der kräftige Aufschwung unterbrochen, obwohl die Kapazitäten bis zuletzt nicht voll ausgelastet waren. Vorübergehend wird die deutsche Wirtschaft sogar leicht schrumpfen. Für 2012 ist daher nur mit einer Wachstumsrate von 0,6 Prozent zu rechnen. ...
2012| Ferdinand Fichtner, Simon Junker, Kerstin Bernoth, Christian Dreger, Christoph Große Steffen, Martin Gornig, Hendrik Hagedorn, Beate R. Jochimsen, Katharina Pijnenburg
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DIW Weekly Report 36/37/38 / 2026
The German economy has proved more resilient this year than expected in early summer. The energy price shock from the Iran war has been milder than assumed. Despite the unprecedented supply outage in the Gulf region, oil prices rose only moderately, as supply was expanded elsewhere at the same time. Natural gas is a different story: prices there are now expected to be higher than assumed in the summer, ...
2026| Geraldine Dany-Knedlik, Nina Maria Brehl, Angelina Hackmann, Pia Hüttl, Konstantin A. Kholodilin, Laura Pagenhardt, Jan-Christopher Scherer, Teresa Schildmann, Hannah Magdalena Seidl, Ruben Staffa, Kristin Trautmann, Jana Wittich
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DIW Weekly Report 33 / 2026
A country’s fiscal policy plays a central role in stabilizing its economy. Its effectiveness depends on the choice of measures and how monetary policy responds. This report compares four fiscal policy measures for a typical euro area country: increase in public investment and government consumption, reductions in consumption taxes and income taxes. Both the theoretical model and the empirical results ...
2026| Gökhan Ider, Malte Rieth
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DIW Weekly Report 32 / 2026
The loss of manufacturing jobs in Germany is often viewed with great concern. While many manufacturing jobs are being lost in the manufacturing sector, new jobs with similar profiles are appearing in service firms. These new jobs offset about two-thirds of those lost in manufacturing industries between 1975 and 2019. If laid-off workers can switch to a new job involving similar tasks, their loss of ...
2026| Thilo Kroeger, Dominik Boddin
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DIW Weekly Report 29 / 2026
The reform of the debt brake and the special fund for infrastructure and climate neutrality have considerably expanded Germany’s fiscal space. The associated fiscal policy shift not only opens up opportunities for additional public investment: The new funds can also be used for more government consumption. At the same time, the federal government has also provided revenue-side stimulus through tax ...
2026| Geraldine Dany-Knedlik, Alexander Kriwoluzky, Jo-Ya Kung, Ruben Staffa
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DIW Weekly Report 25/26 / 2026
A central bank’s collateral policy determines which assets banks may use as collateral for refinancing operations. Thus, it is a critical tool for providing the banking system with liquidity while simultaneously stabilizing it. Using a high-frequency identification approach, this study examines how the European Central Bank’s collateral policy influences banks, financial markets, and government bond ...
2026| Pia Hüttl, Gökhan Ider, Matthias Kaldorf
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DIW Weekly Report 24 / 2026
The German economy is failing to gain momentum after three weak years. At the turn of the year, a modest recovery appeared to be taking hold, driven primarily by domestic demand and private consumption. However, in addition to the structural problems already present, the German economy must now also contend with the consequences of the Iran War. The energy price shock has halted the recovery before ...
2026| Geraldine Dany-Knedlik, Guido Baldi, Nina Maria Brehl, Angelina Hackmann, Konstantin A. Kholodilin, Laura Pagenhardt, Jan-Christopher Scherer, Teresa Schildmann, Hannah Magdalena Seidl, Ruben Staffa, Kristin Trautmann, Jana Wittich
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DIW Weekly Report 16/17 / 2026
Municipalities play a key role in providing public services, but despite rising gross investment, there is a significant erosion of assets: real investment growth remains insufficient and net investment continues to be negative. The Special Fund for Infrastructure and Climate Neutrality (SVIK) can help strengthen local government investment activity and reduce regional disparities. Based on a scenario ...
2026| Geraldine Dany-Knedlik, Martin Gornig, Angelina Hackmann, Teresa Schildmann
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DIW Weekly Report 11 / 2026
After three years of subdued economic activity, the German economy is on the road to recovery. While the Iran war and erratic U.S. trade policy are weighing on growth, their impact is only moderate. Although the U.S. Supreme Court has ruled that U.S. tariffs are unlawful, this does not change the tariff rates imposed on German exports, as the agreement with the European Union is assumed to remain in ...
2026| Geraldine Dany-Knedlik, Guido Baldi, Nina Maria Brehl, Angelina Hackmann, Konstantin A. Kholodilin, Laura Pagenhardt, Jan-Christopher Scherer, Teresa Schildmann, Hannah Magdalena Seidl, Ruben Staffa, Kristin Trautmann, Jana Wittich
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DIW Weekly Report 5/6 / 2026
Following five years of crisis, construction output will grow in real terms again in 2026, increasing by 1.7 percent. Next year, growth could reach nearly 3.5 percent. Public construction is driving this recovery. Real public construction volume is expected to grow by 6.7 percent in both 2026 and 2027. The reason for this strong expansion is the gradual increase in spending from the Special Fund for ...
2026| Christian Danne, Martin Gornig, Laura Pagenhardt