Gemeinschaftsdiagnose: Pandemic Delays Upswing — Demography Slows Growth

Abstract In Germany, the first year of the coronavirus pandemic was characterised by extreme fluctuations in economic activity and a massively paralysed domestic economy. In their spring report, the leading economic research institutes assume that the current shutdown will continue and gradually be...

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Main Authors: Oliver Holtemöller, Stefan Kooths, Claus Michelsen, Torsten Schmidt, Timo Wollmershäuser
Format: Article
Language:deu
Published: Sciendo 2021-05-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-021-2915-4
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author Oliver Holtemöller
Stefan Kooths
Claus Michelsen
Torsten Schmidt
Timo Wollmershäuser
author_facet Oliver Holtemöller
Stefan Kooths
Claus Michelsen
Torsten Schmidt
Timo Wollmershäuser
author_sort Oliver Holtemöller
collection DOAJ
description Abstract In Germany, the first year of the coronavirus pandemic was characterised by extreme fluctuations in economic activity and a massively paralysed domestic economy. In their spring report, the leading economic research institutes assume that the current shutdown will continue and gradually be lifted from mid-May until the end of the third quarter. In the wake of the easing, private consumption in particular will recover strongly. Overall, GDP is expected to grow by 3.7 % this year and 3.9 % next year.
format Article
id doaj-art-9842fc8fa8ef47eea6dfc3d4d46e927e
institution Kabale University
issn 0043-6275
1613-978X
language deu
publishDate 2021-05-01
publisher Sciendo
record_format Article
series Wirtschaftsdienst
spelling doaj-art-9842fc8fa8ef47eea6dfc3d4d46e927e2025-02-02T15:19:08ZdeuSciendoWirtschaftsdienst0043-62751613-978X2021-05-01101535335710.1007/s10273-021-2915-4Gemeinschaftsdiagnose: Pandemic Delays Upswing — Demography Slows GrowthOliver Holtemöller0Stefan Kooths1Claus Michelsen2Torsten Schmidt3Timo Wollmershäuser4Abteilung Makroökonomik, Institut für Wirtschaftsforschung HalleLeiter Prognosezentrum, Institut für WeltwirtschaftKonjunkturpolitik, DIW BerlinRWI - Leibniz-Institut für Wirtschaftsforschungund Befragungen, ifo Zentrum für KonjunkturforschungAbstract In Germany, the first year of the coronavirus pandemic was characterised by extreme fluctuations in economic activity and a massively paralysed domestic economy. In their spring report, the leading economic research institutes assume that the current shutdown will continue and gradually be lifted from mid-May until the end of the third quarter. In the wake of the easing, private consumption in particular will recover strongly. Overall, GDP is expected to grow by 3.7 % this year and 3.9 % next year.https://doi.org/10.1007/s10273-021-2915-4
spellingShingle Oliver Holtemöller
Stefan Kooths
Claus Michelsen
Torsten Schmidt
Timo Wollmershäuser
Gemeinschaftsdiagnose: Pandemic Delays Upswing — Demography Slows Growth
Wirtschaftsdienst
title Gemeinschaftsdiagnose: Pandemic Delays Upswing — Demography Slows Growth
title_full Gemeinschaftsdiagnose: Pandemic Delays Upswing — Demography Slows Growth
title_fullStr Gemeinschaftsdiagnose: Pandemic Delays Upswing — Demography Slows Growth
title_full_unstemmed Gemeinschaftsdiagnose: Pandemic Delays Upswing — Demography Slows Growth
title_short Gemeinschaftsdiagnose: Pandemic Delays Upswing — Demography Slows Growth
title_sort gemeinschaftsdiagnose pandemic delays upswing demography slows growth
url https://doi.org/10.1007/s10273-021-2915-4
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