| ZEW wouldn't be the same without its alumni. That's why we dedicate the April edition of the ZEW Monthly to our Alumni Network and its over 600 members. Discover in the testimonials of our alumni how ZEW has shaped their careers. Watch video interviews with former colleagues and join us in reminiscing about the 2024 Alumni Day. In the ZEW Podcast, alumnus Dr. Timo Reister, Deputy Chairman of the Executive Board at FUCHS SE, describes, among other things, how he continues to benefit from his experiences during his doctoral studies at ZEW and why he remains connected to the institute to this day.
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| | ↗ A JOYFUL REUNION
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| On 23 February 2024, dozens of alumni came together at ZEW Mannheim for the annual alumni gathering, an occasion marked by joy. This year’s Alumni Day was all about exchange: with each research and service unit holding its own individual meeting. Former ZEW employees had the chance not only to participate in an expert discussion or two, but also to share their anecdotes from the “good old days.”
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| | | | ↗ BUREAUCRACY MORE CRITICIZED THAN DEBT BRAKE
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| Despite the current strained budget situation, financial market experts surveyed by ZEW Mannheim do not consider the constitutional debt brake to be the biggest obstacle to investment in Germany. Instead, they attribute the lack of public investment to cumbersome bureaucratic processes and high social and personnel costs. This is the result of the special question included in the ZEW Financial Markets Survey of February 2024, in which 173 financial market experts participated.
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| | | | | ↗ MORE HIGH-STAR RATINGS IN PRODUCT REVIEWS
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| In recent years, the number of stars for products in online shop reviews has seen an upward trend, even as the quality of these products, as indicated by accompanying review texts, has remained unchanged. Consequently, there has been an inflation in the stars awarded. This is the result of a study conducted by researchers from ZEW Mannheim and Stanford University, who analysed over five million online product reviews and compared the content of the text reviews with their corresponding star ratings.
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| | | | | ↗ REAL WAGE LOSSES PUSH EMPLOYMENT TO RECORD HIGH IN 2023
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| Throughout 2023, approximately 45.9 million people in Germany were in employment, the Federal Statistical Office reported in its first 2024 press release, a significant increase on the 45.6 million employed the previous year. This figure is unprecedented in Germany and somewhat surprising given the sluggish economy. Experience indicates that due to technological progress, gross domestic product (GDP) must increase by one per cent to maintain the same level of employment. In 2022 and 2023, however, GDP grew only by 0.5 per cent per year, which is why employment should have fallen.
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| | | The major tech giants are poised to dominate the AI market. Europe shouldn’t rely solely on regulation, but must instead improve market conditions for its own corporations. An interview from the Börsenzeitung with ZEW President Professor Achim Wambach, conducted by Stephan Lorz, head of the Economic Policy Department.
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| Read the full interview
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| | | ABUSE OF DOMINANCE, COLLUSION, AND MERGERS
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| The Mannheim Centre for Competition and Innovation (MaCCI) hosted its thirteenth Annual Conference on 14–15 March 2024 at ZEW Mannheim with around 120 participants. This year’s conference programme contained two keynote speeches, four invited sessions, and around 70 presentations in contributed sessions.
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| Read the full event report
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| | | LET'S JUST KEEP IT SIMPLE
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| How to tackle a monumental task like the energy transition? An answer to this question was provided on 21 March 2024, at the “First-Hand Information on Economic Policy” event series at ZEW Mannheim, with around 100 participants. The evening’s guest, Dr. Leonhard Birnbaum, CEO of the energy provider E.ON SE, began with an engaging keynote speech, clearly illustrating the technical and economic implications of the energy transition. Following this, he engaged in a discussion with ZEW President Professor Achim Wambach, sharing his perspective on the electricity market.
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| Read the full event report
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| | | UPCOMING | |
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| | | 12th MANNHEIM CONFERENCE ON ENERGY AND THE ENVIRONMENT
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| ZEW Mannheim is pleased to announce the twelfth Mannheim Conference on Energy and the Environment on 13 and 14 May 2024. Leading experts as well as researchers at all career levels are invited to present and discuss innovative current research in the fields of environmental, energy, and climate economics. The conference will cover a broad range of aspects concerning the relationship between energy use and supply, environment, economic well-being, and regulation and policy.
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| More about the conference
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| | | → CONTACT FOR QUESTIONS OR SUGGESTIONS ON THE CONTENT | |
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| | | | | ZEW – Leibniz Centre for European Economic Research L7, 1 · 68161 Mannheim Phone: +49 (0)621/1235-01 E-mail: zewmonthly@zew.de Website: www.zew.de
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| | | | | Executive Directors: Professor Achim Wambach, PhD; Claudia von Schuttenbach Chair of the ZEW Supervisory Board: Ministerial Director Dr. Hans Reiter Registered Office: Mannheim Local Court Mannheim HRB 6554 USt-IdNr.: DE188318292 Commitment to Data Protection Detailed Legal Note
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