European Policy Research
In this section you find analyses and commentaries on European (and especially German) economic and fiscal policy. Particular attention is devoted to the institutional development of the EU, above all monetary union, and its individual policy areas.
Talking Point
Migration boom continued in 2014, but calls remain for policy action
Germany was an attractive destination for migrants in 2014 for the fifth year in a row. The net migration balance climbed again by roughly 20% on the year and clearly exceeded the 500,000 mark for the first time since 1992. Roughly 1.4 million persons immigrated to Germany, the second highest total in the last 65 years (1992: 1.5 million). Since the beginning of the sovereign debt crisis in the eurozone in 2010 a net 1.7 million persons have migrated to Germany, so despite a shrinking domestic population the total population has expanded by approximately half a million. [more]
Chart in focus
Research Briefing
Debate on free movement: Does the EU need new rules on social security co-ordination?
In the EU there is ongoing debate about so-called "social benefit tourism". Not only supporters of populist parties, but also broader sections of the population say that the current rules on free movement and coordination of social security systems virtually invite people from southern, central and eastern Europe to migrate into the social security systems of more prosperous partner countries and thus overstrain these systems. Reforms should, at the very least, aim at making the current law less contestable and easier for national authorities to apply. Much argues in favour of taking a generally more restrictive approach. The closer coordination of the social security systems sought in various quarters is not suitable as a driver of European integration. [more]
In focus
ECJ accepts OMT: 6 Questions, 6 Answers
On Tuesday the European Court of Justice (ECJ) has presented its final decision on the question whether Outright Monetary Transactions (OMT) by the European Central Bank (ECB) are legally compatible with the EU treaties. The judgment is a reaction to a request for preliminary ruling by the German Constitutional Court (GCC) dating from February 2014. The judgment of the ECJ will have implications for the final ruling of the GCC on the OMT case which we will expect for the second half of the year. [more]
EU Monitor
A profile of Europe’s populist parties: Structures, strengths, potential
Populist parties are gaining momentum in countries across Europe. Their profiles may be fundamentally different, but they are united in rejection of further steps towards European integration. Despite successes at national level, no noteworthy influence has been wielded by Eurosceptic parties at the European level to date. However, populist parties could shape European politics in the future by blocking progress in political areas that require broad consensus in particular. Established parties could then be forced to follow a course aligned more strongly with putative national interests. This could mean that reforms are not implemented on time or in full, thus preventing the required further development of the institutions of the eurozone. [more]
Current Issue
Clients with a migrant background: The role of risk preferences in retail banking
Clients with a migrant background are growing in importance as a target demographic for retail banking. In collaboration with Bayreuth University we have carried out an empirical analysis of risk attitudes in this customer group using data supplied by the German Socio-Economic Panel (SOEP). Our findings allow implications to be drawn for bespoke advisory services for clients with a migrant background. In effect, banks will be able to raise the quality of their financial advice to the customer's benefit – and tap into a key growth market at the same time. [more]
01.06.2015
Revised GDP growth, Construction investment, View from Berlin
30.04.2015
Financial situation of German households; View from Berlin
30.03.2015
German exports, GDP growth, Budgetary policy, View from Berlin
Spotlight on Germany
 
 
Publications
Articles on economic policy appear in the following periodicals: 
SMEs
Dataflash Eurozone
    European elections 2014
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