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Economists Clemens Fuest (EconPol Europe and ifo) and Jean Pisani-Ferry (European University Institute and Breugel) have called for the EU to reorganize the division of labor between the national and European levels and provide more public goods in areas where European provision is cheaper and more effective than provision at the national level.
Employees in companies with Chinese investors receive higher salaries in the first years following the acquisition than those in companies acquired by buyers from other countries. At the same time, capital productivity is lower in companies with Chinese investors. These were the findings of a team of EconPol Europe researchers led by ifo President Clemens Fuest.
Women of later working age who become grandmothers are more likely to leave the labour market than women without grandchildren, according to new research from EconPol Europe. Male labour supply, however, does not significantly adjust in response to grandparenthood.
A sharp downturn in production in the German car industry in the third quarter of 2018 had a negative impact on its main partners and is causing global and sectoral losses, according to a new report from European research network EconPol Europe. The research shows the effect on GDP is largest in the Czech Republic, Hungary and Slovakia. The report’s authors* expect the German car industry to stay in recession for the near future.
Der starke Rückgang der deutschen Automobilproduktion im dritten Quartal 2018 hat zu teilweise kräftigen Wertschöpfungsverlusten bei wichtigen Handelspartnern geführt. Aktuelle Forschungsergebnisse des Europäischen Forschungsnetzwerks EconPol Europe beziffern Einbußen bei Zulieferern der Automobilindustrie aus anderen Wirtschafsbereichen sowohl in Deutschland als auch in anderen Länder. Die Auswirkungen auf das Bruttoinlandsprodukt sind am größten für die Tschechische Republik, Ungarn und der Slowakei.