In the 1980s, Commerzbank was increasingly forced to become much more international if it wanted to be perceived as a relevant player in the field of investment banking, which was considered particularly attractive. This article focuses on the bank's initially cautious, then strongly accelerated...

The medium-term prospects for the German economy give little cause for optimism. In addition, demographic change will intensify in the current decade. A brightening of growth prospects can therefore only materialise with stronger investment and greater innovation momentum. However, it will...

In 2013, the German Council of Economic Experts advised the then future German government to pursue a decisively marketoriented economic reform agenda in the fields of labour market and pension policy, tax policy and climate policy. Yet, policy makers have ignored this advice, basically...

The German economy is in diffi cult waters. Since the beginning of the coronavirus crisis, there has been no end to the challenges posed by interruptions in production and supply problems. Despite the need for crisis management, politicians have pledged not to lose sight of environmental...

Die Einkommens- und Vermögensverteilung in Deutschland wird ganz unterschiedlich beurteilt. Je nachdem, welche Indikatoren, welche Stichprobe, welche Datenbasis oder welcher Messzeitpunkt betrachtet werden, kommt es zu einer zunehmenden, stabilen oder abnehmenden Ungleichheit. Die...

In außergewöhnlich starken Krisen kann es notwendig sein, dass der Staat im Sinne der gesellschaftlichen Solidarität die von einkommensschwächeren Haushalten getragenen finanziellen Lasten stärker abfedert, als es automatische Stabilisatoren und diskretionäre (nach Ermessen getätigte),...

To synergise civil and military research, their separation should be abandoned and the so-called ‘civil clauses’ still enshrined in the statutes of many German universities should be reconsidered. Together with its European partners, the German government should establish joint development...

Increasing urban-rural disparities with regard to housing are receiving considerable attention in the public debate and in regional policy. The article discusses the extent to which microdata from the German Socio-Economic Panel (SOEP) can be used to analyse changes in residential location...