24.06.2020 - Macroeconomics

by Pablo Duarte

Our new real econony index shows that the German economy started a slight recovery by the second week of June.

15.06.2020 - Macroeconomics

by Thomas Mayer

The risk society is the answer to the uncertainty of the future in the modern, open society. Uncertainty is transformed into risks that are to be minimized or even avoided altogether by measuring them. But the risk society is "reflexive", w ...

09.06.2020 - Macroeconomics

by Thomas Mayer

Due to the corona pandemic, states are setting up aid programs on an unprecedented scale and central banks are financing a large part of this with newly created money.

04.06.2020 - Macroeconomics

by Thomas Mayer & Gunther Schnabl

The corona crisis has caused new distress in the European Monetary Union. Italy and other southern European countries are struggling desperately for financial assistance from the north, in particular from Germany.

18.05.2020 - Macroeconomics

by Thomas Mayer

After the German Federal Constitutional Court accused the European Central Bank and the European Court of Justice of exceeding their competences, EU Commission President von der Leyen is now considering proceedings against Germany for breach of contr ...

15.05.2020 - Macroeconomics

by Agnieszka Gehringer

The newly expanded unemployment assistance in the USA could disincentivize the unemployed to search for a new job. This is likely to result in higher structural unemployment with wages sticky above market clearing levels.