The crisis in the European currency area is not yet over. Although the situation in the financial markets is currently relatively calm, the economic crisis appears to be bottoming out in most countries. Nevertheless, there are still fundamental design flaws in the Monetary Union. If these are...

The German economy is on track, and will likely grow by 1.8 percent this year; in the coming year, with a slight increase in dynamics, it will grow by 1.9 percent. With these figures DIW Berlin confirms its forecast from this summer. Employment growth continues; the unemployment rate will...

The crisis in the European currency area is not yet over. Although the situation in the financial markets is currently relatively calm, the economic crisis appears to be bottoming out in most countries. Nevertheless, there are still fundamental design flaws in the Monetary Union. If these are...

Aircraft noise is a particularly problematic source of noise as many airports are located in or near major cities and, as a result, densely populated areas are affected. Data from the Berlin Aging Study II (Berliner Altersstudie II, BASE-II), whose socio-economic module is based on the...

The Russian economy is tightly woven into the global economy, and is therefore highly dependent on the development of exchange rates. Since 2014, the ruble has fallen by more than 50 percent against the US dollar. The devaluation goes hand in hand with the Western sanctions that were imposed due...

Aircraft noise is a particularly problematic source of noise as many airports are located in or near major cities and, as a result, densely populated areas are affected. Data from the Berlin Aging Study II (Berliner Altersstudie II, BASE-II), whose socio-economic module is based on the...

The cumulative growth rate of the German economy since reunification would have been around two percentage points higher if income inequality had remained constant. This is whatsimulations using the DIW Macroeconomic Model have shown. They were made under the assumption that the income...

When speculative price bubbles on real estate markets burst, the effects for the real economy are often devastating taking the form of substantial losses in production and employment. This paper discusses the degree to which institutional frameworks can prevent speculative bubbles from emerging...

Although the housing prices in the 127 largest German cities have surged strongly in recent years, there is still no sign of a Germanywide housing bubble. In comparison with 2009, the price of condominiums has risen by around 55 percent. Single-family houses cost between 38 and 45 percent more...