Joint Economic Forecast: Geopolitical turn intensifies crisis – structural reforms even more urgent. The German economy will continue to tread water in 2025. Institute forecast shows: GDP is expected to grow by only 0.1 % in 2025 and 1.3 % in 2026. More about this: www.rwi-essen.de/en/press/sci...
🚨 New working paper alert 🚨
In the paper we examine whether...
1) longer benefit durations or higher benefit levels are more distortionary
2) if their effects interact
3) if more generous benefits increase entry to unemployment
4) what the welfare implications are
Thread 👇
nber.org/papers/w33450
📣‼️New working paper:
Men's bottom earnings in Germany have fallen since 2001, while women's have risen. Why? Fewer hours for men, more for women.
Yet, net income tells a different story. Poverty persists, but the welfare state softens the blow.
Check it out here: docs.iza.org/dp17567.pdf
