Rheinisch-Westfälisches Institut Für Wirtschaftsforschung
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Rheinisch-Westfälisches Institut Für Wirtschaftsforschung
The RWI – Leibniz-Institut für Wirtschaftsforschung, Essen (RWI Essen) is an independent economic research institute and think tank in Essen, Germany. Founded in 1926, the RWI maintains a non-profit status, mainly funded through public means while also receiving third-party-fundings. It conducts research on economic development, assists policy-making, and fosters economic literacy for the public. The RWI currently employs 120 people and is part of the Leibniz Association, a group of non-university research institutes in Germany. The current head of the RWI is Christoph M. Schmidt, a German economist and professor for economic policy and applied econometrics at Ruhr-Universität Bochum. He received his Diplom in Economics from the University of Mannheim (1987) and a M.A./Ph.D. in Economics from Princeton University (1989, 1991). History The RWI began operations in 1926. Founded by Ernst Wagemann, the RWI was initially intended to be the "Department of the West", in contrast t ...
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Non-profit
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an enti ...
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Education Economics
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for individuals, the field of the economics of education has grown rapidly to cover virtually all areas with linkages to education. Education as an investment Economics distinguishes in addition to physical capital another form of capital that is no less critical as a means of production – human capital. With investments in human capital, such as education, three major economic effects can be expected: * ''increased expenses'' as the accumulation of human capital requires investments just as physical capital does, * ''increased productivity'' as people gain characteristics that enable them to produce more output and hence * '' return o ...
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Munich
Munich is the capital and most populous city of Bavaria, Germany. As of 30 November 2024, its population was 1,604,384, making it the third-largest city in Germany after Berlin and Hamburg. Munich is the largest city in Germany that is not a state of its own. It ranks as the 11th-largest city in the European Union. The metropolitan area has around 3 million inhabitants, and the broader Munich Metropolitan Region is home to about 6.2 million people. It is the List of EU metropolitan regions by GDP#2021 ranking of top four German metropolitan regions, third largest metropolitan region by GDP in the European Union. Munich is located on the river Isar north of the Alps. It is the seat of the Upper Bavaria, Upper Bavarian administrative region. With 4,500 people per km2, Munich is Germany's most densely populated municipality. It is also the second-largest city in the Bavarian language, Bavarian dialect area after Vienna. The first record of Munich dates to 1158. The city ha ...
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Ifo Institut Für Wirtschaftsforschung
The Ifo Institute for Economic Research is a Munich-based research institution. Ifo is an acronym from Information and Forschung (research). As one of Germany's largest economic think-tanks, it analyses economic policy and is known for its monthly Ifo Business Climate Index for Germany. According to its 2021 report 217 employees work for the organisation. The Frankfurter Allgemeine Zeitung The (; ''FAZ''; "Frankfurt General Newspaper") is a German newspaper founded in 1949. It is published daily in Frankfurt and is considered a newspaper of record for Germany. Its Sunday edition is the ''Frankfurter Allgemeine Sonntagszeitung'' ( ... ranks it as Germany's most influential economics research institute. Ifo Business Climate Index Ifo's Business Climate Index is an early indicator of economic activity released monthly since 1972. The database underlying the index is a monthly survey of 7000 in the construction, manufacturing, wholesale and retail industries. The index is clo ...
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Berlin
Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population within city limits, highest population within its city limits of any city in the European Union. The city is also one of the states of Germany, being the List of German states by area, third smallest state in the country by area. Berlin is surrounded by the state of Brandenburg, and Brandenburg's capital Potsdam is nearby. The urban area of Berlin has a population of over 4.6 million and is therefore the most populous urban area in Germany. The Berlin/Brandenburg Metropolitan Region, Berlin-Brandenburg capital region has around 6.2 million inhabitants and is Germany's second-largest metropolitan region after the Rhine-Ruhr region, as well as the List of EU metropolitan areas by GDP, fifth-biggest metropolitan region by GDP in the European Union. ...
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German Institute For Economic Research
The German Institute for Economic Research (), or, more commonly DIWBerlin, is a economic research institute in Germany, involved in economic research and policy advice. According to Repec, it is among the top-10 percent of non-profit economic research institutions worldwide. Financed with public grants from the Berlin Senate Department for Economics, Technology and Research and the Federal Department for Economics and Technology. DIW Berlin was founded in 1925 as the Institute for Business Cycle Research and took its current name in 1943. DIW Berlin presents its research results in science journals, within the scope of national and international scientific events as well as at workshops, symposia and colloquia. Current economic and structural data, forecasts and advice as well as services in the area of quantitative economics are provided to decision makers in economics and policy and the broad public. Furthermore, the research results often meet with a major response in the ...
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Kiel
Kiel ( ; ) is the capital and most populous city in the northern Germany, German state of Schleswig-Holstein. With a population of around 250,000, it is Germany's largest city on the Baltic Sea. It is located on the Kieler Förde inlet of the Bay of Kiel and lies in the southeast of the Jutland Peninsula, on the mouth of the Schwentine River, approximately northeast of Hamburg. The world's busiest artificial waterway, the Kiel Canal, has a terminus in Kiel's Holtenau district. This canal connects the Baltic to the North Sea, with its other end in Brunsbüttel. Most of Kiel is part of Holstein. The boroughs north of the Schwentine also belong to Wagria, while those north of the Kiel Canal are historically part of Southern Schleswig. Kiel is one of Germany's major maritime centres, known for a variety of international sailing events, including the annual Kiel Week, which is the biggest sailing event in the world. Kiel is also known for the Kiel mutiny, Kiel Mutiny, when sailors re ...
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Kiel Institute For The World Economy
The Kiel Institute for the World Economy (, or IfW Kiel) is an independent, non-profit economic research institute and think tank based in Kiel, Germany. In 2017, it was ranked as one of the top 50 most influential think tanks in the world and was also ranked in the top 15 in the world for economic policy specifically. The German business newspaper ''Handelsblatt'' referred to the institute as "Germany's most influential economic think tank", while ''Die Welt'' stated that "The best economists in the world are in Kiel" (). Founded in 1914, the institute is the oldest economic research institute in Germany. Its main areas of specialities include global economic research, economic policy, and economic education. The institute gave rise to the world's largest specialist library of economics and the social sciences, the German National Library of Economics, which has access to more than four million publications in printed or electronic format and subscriptions to over 30,000 perio ...
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Public Finance
Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. Within academic settings, public finance is a widely studied subject in many branches of political science, political economy and public economics. Research assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. The purview of public finance is considered to be threefold, consisting of governmental effects on: # The efficient allocation of available resources; # The distribution of income among citizens; and # The stability of the economy. American public policy advisor and economist Jonathan Gruber put forth a framework to assess the broad field of public finance in 2010:Gruber, J. (2010) Public Finance and Public Policy (Third Edition), Worth Publishers, Pg. 3, Part 1 # When shoul ...
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Macroeconomics
Macroeconomics is a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. This includes regional, national, and global economies. Macroeconomists study topics such as output (economics), output/Gross domestic product, GDP (gross domestic product) and national income, unemployment (including Unemployment#Measurement, unemployment rates), price index, price indices and inflation, Consumption (economics), consumption, saving, investment (macroeconomics), investment, Energy economics, energy, international trade, and international finance. Macroeconomics and microeconomics are the two most general fields in economics. The focus of macroeconomics is often on a country (or larger entities like the whole world) and how its markets interact to produce large-scale phenomena that economists refer to as aggregate variables. In microeconomics the focus of analysis is often a single market, such as whether changes in supply or ...
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Development Economics
Development economics is a branch of economics that deals with economic aspects of the development process in low- and middle- income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether through public or private channels. Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. This may involve restructuring market incentives or using mathematical methods such as intertemporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods. Common topics include growth theory, poverty and inequality, human capital, and institutions. Unlike in many other fields of economics, approaches in development econ ...
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Climate Change
Present-day climate change includes both global warming—the ongoing increase in Global surface temperature, global average temperature—and its wider effects on Earth's climate system. Climate variability and change, Climate change in a broader sense also includes previous long-term changes to Earth's climate. The current rise in global temperatures is Scientific consensus on climate change, driven by human activities, especially fossil fuel burning since the Industrial Revolution. Fossil fuel use, Deforestation and climate change, deforestation, and some Greenhouse gas emissions from agriculture, agricultural and Environmental impact of concrete, industrial practices release greenhouse gases. These gases greenhouse effect, absorb some of the heat that the Earth Thermal radiation, radiates after it warms from sunlight, warming the lower atmosphere. Carbon dioxide, the primary gas driving global warming, Carbon dioxide in Earth's atmosphere, has increased in concentratio ...
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