Working Paper

A unified approach for jointly estimating the business and financial cycle, and the role of financial factors

– Working Paper 02/2021 by Tino Berger, Julia Richter and Benjamin Wong (Download)

By-lined Article

Law on Climate Protection: Implementation Matters Now

– In a by-lined article, the GCEE explains what framework conditions are necessary for the transformation of the economy, how the effect of CO2 pricing can be strengthened and what other measures are necessary on the path to climate neutrality (in German only).

Working Paper

Von der Corona-bedingten Schuldenaufnahme zur Wiedereinhaltung der Schuldenbremse

– Working Paper 01/20201 by Lars P. Feld, Lukas Nöh, Wolf Heinrich Reuter and Mustafa Yeter (Download)

Statement

Statement on the German Recovery and Resilience Plan

– The Federal Ministry of Finance has published the German Recovery and Resilience Plan. It comprises a statement of the GCEE in its function as the National Productivity Board (in German only).

Forecast

German economy resilient despite prolonged shutdown: further recovery expected in the summer

– The German Council of Economic Experts has revised its growth forecast for 2021 downwards and expects a GDP growth of 3.1 % in Germany. In the euro area, the GCEE expects the GDP to grow by 4.1 % this year.

Event

National Productivity Dialogue 2021

– The National Productivity Dialogue was held this year for the second time and as a virtual event. The results of the Productivity Report were discussed in three panel discussions on innovation, digitalisation and industrial policy.