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Working from home potential only half fulfilled in Germany. Is there a productivity paradox?
Jochen MoebertMarc Schattenberg
We compare the current debate with the discussion about the introduction of the computer in the 1980s.
We compare the current debate with the discussion about the introduction of the computer in the 1980s. Then as now, positive and negative effects on a macroeconomic level could almost cancel each other out at first. Accordingly, we anticipate that the question of productivity is only likely to be answered in some years’ time. [more]
The German export sector has had to cope with numerous challenges over the last few years. These include “homemade” problems, above all in the auto industry, but also the shift in US trade policy. [more]
During the corona summer, Germans will probably travel less and for shorter periods of time than in former years. Destinations in Germany and in the neighbouring countries, which are only a car journey away, look set to benefit. [more]
German households saved surprisingly little money during Q1; their bank deposits were only up by EUR 5.8 bn. In the lockdown month of March, deposits even declined by EUR 11.1 bn, as households withdrew a lot of cash due to the uncertain situation. [more]