We study the aggregate, distributional, and welfare effects of fiscal policy responses to Germany’s energy crisis using a novel Ten-Agents New-Keynesian (TENK) model. The energy crisis, compounded by the COVID-19 pandemic, led to sharp increases in energy prices, inflation, and significant...

Introduction -- An Optimal Mix of Conventional Power Systems in the Presence of Renewable Energy: A New Design for the German Electricity Market -- Economics of renewable energy expansion and security of supply: A dynamic simulation of the German electricity market -- Economic analysis of...

Numerous measures have been taken in recent years to achieve climate protection targets in Germany’s building sector. With the newly established Ariadne German Heating and Housing Panel (GHHP), the prerequisite for a well-founded evaluation of the effectiveness, distribution effects, and...

The notion of a nation-specific inflation trauma among the German population is ubiquitous in the public debate in Germany and beyond. According to a widespread reading of history because of its experience with hyperinflation in 1923, the Germans not only fear rising prices but favor a...

Germany has long been portrayed as the best real-world example of an export-oriented economic model associated with a dualized labor market and welfare state. The success of this export-centered model over the last decades has typically been ascribed to competitiveness due to wage restraint and...

Expanding military personnel and expenditure depends on public support and social legitimacy. Crisis events such as 9/11 and the 2014 annexation of Crimea have influenced public attitudes toward military investment, with support intensifying significantly after Russia's full-scale invasion of...

Expanding military personnel and expenditure depends on public support and social legitimacy. Crisis events such as 9/11 and the 2014 annexation of Crimea have influenced public attitudes toward military investment, with support intensifying significantly after Russia's full-scale invasion of...