(together with Yaz Gulnur Moradoglu) IWH Online 3/2020, 17.06.2020 Abstract: The Corona shutdown increases the probability of corporate bank­ruptcy. An analysis based on corporate financial statements from 2014 to 2018 reveals that in the United Kingdom, 73% of shutdown firms …

Corona Shutdown and Bankruptcy Risk Read more »

(together with Stefan Gießler and Katja Heinisch), Journal of Economics and Statistics 241(1), 2021, 1-18. Abstract: We analyze whether, and since when, East and West German business cycles are synchronised. We investigate real GDP, unemployment rates and survey data as …

(Since When) Are East and West German Business Cycles Synchronised? Read more »

IWH Press Release 22/2016, 9 June 2016 In 2016, the moderate upswing of the German economy continues. Incomes grow due to the steady expansion in employment, and the fall in energy prices has propped up the purchasing power of private …

The German Economy Benefits from Strong Domestic Demand Read more »