New scientific director at IAW - Prof. Martin Biewen succeeds Prof. Wilhelm Kohler
As of today, Prof. Dr. Martin Biewen (2nd from right) takes over as Scientific Director of the Institute for Applied Economic Research (IAW) in Tübingen. He succeeds Prof. Dr. Wilhelm Kohler, who held this office for ten years. In the future, Professor Biewen will lead the IAW together with Prof. Dr. Bernhard Boockmann.
Prof. Dr. Martin Biewen has held the Chair of Statistics, Econometrics and Quantitative Methods at the Eberhard Karls University of Tübingen since 2009. His research interests lie in labor market and education economics, especially in the area of income distribution. His methodological contributions deal, among other things, with the application of machine learning.
Award of the Norbert Kloten Prize for Applied Economic Research 2023 to Mr. Matthias Wirth for his master thesis Climate Change Econometrics: Estimating a two-component energy balance model as a cointegrated VAR, which was supervised by Professor Dr. Joachim Grammig at the University of Tübingen.
Photo: Deutsche Bundesbank
Greeting: Dr. Patricia Staab, President of the Head Office of the Deutsche Bundesbank in Baden-Württemberg. Laudatory speech: Professor Dr. Wilhelm Rall, Chairman of the Board of IAW e.V.
Lecture:
Multilateralism as a response to the challenges facing Europe and China. Dr. Ludger Schuknecht, Vice President of the Asian Infrastructure Investment Bank (AIIB), Beijing, PR China
Photo: Deutsche Bundesbank
Panel Discussion: Dr. Ludger Schuknecht, Vice President of the AIIB, Beijing, PR China Prof. Dr. Lisandra Flach, Director of the Ifo Center for International Economics / Professor of Economics at LMU Munich, Germany Dr. Thomas Hueck, Chief Economist, Bosch GmbH, Stuttgart, Germany Eric Schöller, Member of the Board of Management, Groz-Beckert KG, Albstadt Moderation: Johannes Pennekamp, Frankfurter Allgemeine Zeitung
Baden-Württemberg economy: The weak phase continues
According to the current nowcast of the Institute for Applied Economic Research (IAW) and the University of Hohenheim, the Baden-Württemberg economy will grow by 0.4 percent in the second quarter of 2023 compared to the previous quarter. Together with the forecasts for the third and fourth quarters, this results in a projected growth rate for 2023 as a whole of 0.6 percent compared to 2022. This would mean that the economy would only grow by half as much as in 2022.
Event announcement: Bundesbank-IAW Lecture on European Economic Integration on July 5, 2023
Bundesbank-IAW Lectureon European Economic Integration on July 5, 2023 at 6 p.m., Neue Aula, University of Tübingen Cecilia Malmström (former EU Commissioner):Changing trade patterns in a turbulent world – a European perspective
Baden-Württemberg in the Winter Recession.
In the first quarter of 2023, the economy in Baden-Württemberg is expected to contract by 0.2 percent compared with the fourth quarter of 2022, adjusted for seasonal and working-day effects. Already in the previous quarter, according to preliminary calculations, economic output already declined by 0.3 percent in the previous quarter. According to the commonly used definition, Baden-Württemberg is then in a recession phase.
EFI focus study "Innovations for and by older people" published.
On Feb. 15, the Expert Commission on Research and Innovation (EFI) presented its 2023 annual report to German Chancellor Olaf Scholz (see video). Among other things, the report deals with innovations in an aging society. In the run-up to the report, the IAW prepared a study on innovations for and by older people on behalf of the EFI. The study (in German) highlights the challenges, but also the opportunities, that arise in an aging society with regard to innovation.
Substantial increase in shadow economy in 2023 due to unfavorable economic development
For Germany and the year 2023, the shadow economy is expected to increase sharply by €60 billion (or from 9.4% to 10.2% of gross domestic product) compared with the previous year. This is mainly due to the forecast unfavorable economic development. In Germany, however, the shadow economy is growing less strongly than in most other major industrialized countries.
These are the key findings of a new forecast of the shadow economy in Germany published jointly by Professor Friedrich Schneider (University of Linz) and the Institute for Applied Economic Research (IAW). The size of the shadow economy is forecast to be 443 billion euros in 2023. This represents a nominal increase of 60 billion euros compared with 2022. The ratio of the forecast shadow economy and gross domestic product increases to 10.2%. This ratio is therefore slightly higher than in the first year of the Corona pandemic in 2020.
