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Macroeconomics and the Business Cycle

The Macroeconomic Analysis and the Business Cycle Cluster focuses on short- to medium-term economic developments in the global economy as a whole and in Germany in particular. The 2008/2009 financial crisis, the Covid19 pandemic and current geopolitical conflicts clearly show that the business cycle is alive and well. Indeed, even modern economies can suffer violent ups and downs in production and employment, with boom and bust affecting different sectors and regions in very different ways. As a result of the Covid pandemic and the Russian war in Ukraine, the spectre of inflation is also back in our daily lives. In addition, structural adjustments in the current decade are affecting employment, value added, incomes and prices.

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Michael Grömling

Prof. Dr. Michael Grömling

Head of Macroeconomic and the Business Cycle Research Unit

Tel: +49 221 4981-776
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All news

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Competitive pressure from China for German companies
IW-Report No. 30 11. June 2024

Competitive pressure from China for German companies

Jürgen Matthes / Edgar Schmitz

A firm survey conducted in March/April 2024 as part of the IW-Zukunftspanel among around 900 German companies from the manufacturing and industrial services sectors shows that around 350 of the companies surveyed have Chinese competitors in their markets.

IW

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Europe votes: Who cares and why?
IW-Report No. 29 7. June 2024

Europe votes: Who cares and why?

Matthias Diermeier / Judith Niehues / Samina Sultan

This study, based on the IW-People Survey 2024, shows that around 62% of Germans consider the election of the European Parliament to be important. This is the result of around 5,200 respondents. The proportion is therefore roughly as high as the voter turnout in 2019.

IW

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Strategic autonomy and economic security achieve efficiently
IW-Policy Paper No. 3 4. June 2024

Strategic autonomy and economic security achieve efficiently

Jürgen Matthes

In this study an analytical scheme is developed to operationalise the objective of strategic autonomy in a cost-effective way.

IW

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Determinants of personnel planning in Germany
IW-Report No. 27 21. May 2024

Determinants of personnel planning in Germany

Michael Grömling / Stefanie Seele

The German labor market has been growing since 2005. The dip in the wake of the coronavirus pandemic between 2020 and 2022 is an exception, as the German labor market has reached a record level of 45.9 million people in employment by 2023.

IW

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Investment needs in infrastructure and for the transformation
IW-Policy Paper No. 2 14. May 2024

Challenges for the debt brake

Sebastian Dullien* / Simon Gerards Iglesias / Michael Hüther / Katja Rietzler*

In 2019, Bardt et al. (2019) initially presented a comprehensive estimate of the unmet public investment needs in Germany not covered in household planning at the time, totaling around €460 billion over ten years.

IW

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