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Kiel Institute for the World Economy

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Kiel Institute wins 2017 Forecast Accuracy Award

Detailansicht des Scoreboards der im Prognosezentrum eingesetzten Expertensystemsoftware DIWAX © IfW / Michael StefanThe Forecasting Center, the Kiel Institute’s macroeconomic think tank and business cycle analysis unit, is among the winners of the “2017 Forecast Accuracy Award” (2017 FAA), a price awarded by the UK-based survey organization Consensus Economics. The Kiel Institute has been recognized for the most accurate prediction of GDP growth and inflation in Germany. The award reflects the forecasting performance for the year 2017 over a period of 24 months. Read more...

 


Germany’s Economic Experts Raise Forecast Slightly

outlook_gd.pngGermany’s leading economic experts raised their forecasts for 2018 and 2019 slightly in their Spring Joint Economic Forecast released on Thursday in Berlin. They now expect economic growth of 2.2 percent for this year and 2.0 percent for 2019, versus 2.0 percent and 1.8 percent respectively in their autumn forecast. Read more...

 


Winners of Global Economy Prize Announced

medaille_wwp.jpgThe winners of the Global Economy Prize 2018 have been revealed. Awarded by the Kiel Institute for the World Economy in partnership with the City of Kiel and Schleswig-Holstein Chamber of Commerce, the prize is now being presented for the 14th time. It aims to inspire an international approach to solving the global economic challenges of our time. Read more...

 

 

 


Inequality Persists Over Generations

Neue und alte Schuhe - © Monstar StudioYour great-grandparents’ socio-economic status still predicts your status today, according to research by Sebastian Braun from the Kiel Institute for the World Economy and Jan Stuhler from the University Madrid. Their study of educational and occupational status over four generations in twentieth century Germany reveals that inequalities do not disappear quickly but can be transmitted across multiple generations.
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Productivity in Germany: No Reason for Pessimism

3dprint © flickr FryskLab - CC0.jpgOver a longer period of time, labor productivity growth in Germany has been declining. This does, however, not represent a lasting trend, but rather results form a succession of several, transitory factors. This is the finding of an analysis the Kiel Institute has undertaken on behalf of the German Federal Ministry of Finance and the Federal Ministry of Economics. For the time since reunification, the analysis identifies five main reasons which have dampened productivity growth. Read full analysis here (in German with English summary)

 


MEDAM’s contribution to UN Global Compact for Migration

United-Nations ©„GA am“ by United Nations Photo CC BY-NC-ND 2.0.jpgDestination countries should allow more skilled immigration, and help people in countries of origin to acquire the certified skills needed – to the benefit of both countries of origin and destination. These are the core messages of MEDAM researcher Matthias Lücke’s written submissions to the second multi-stakeholder hearing for the UN’s Global Compact for safe, orderly and regular migration which took place in Geneva in mid-October.
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