Hanna Schwank, Assistant Professor of Economic History at the Department of Economics in Bonn, receives the Reinhard Selten Award of the Verein für Socialpolitik. The prize is endowed with 3,000 euros. It is awarded to young researchers whose work is distinguished by its originality, the significance of the research question and a sound methodology. The award ceremony took place on 24 September during the annual meeting of the VfS in Regensburg.

A comparison of apartment price trends by year of construction in Germany’s largest cities reveals a notable pattern: While prices for new buildings have experienced a relatively modest decline from their peak, the value of existing properties has fallen by more than twice as much. This finding comes from a comprehensive data analysis conducted by the German Real Estate Index (Greix), a project of ECONtribute and the Kiel Institute. In cooperation with local real estate expert committees, transaction prices of German residential real estate are tracked using state-of-the-art scientific methods.

Wie viel kosten Naturkatastrophen einzelne Menschen langfristig? Was wird in offiziellen Statistiken nicht erfasst? Und wie sollten zielgerichtete Katastrophenhilfen aussehen

Congratulations! Cavit Destan and Sophie Kreutzkamp graduated from Bonn Graduate School of Economics.

Workers with a migration background have particular disadvantages in Germany´s labor market if they live in an ethnic enclave. After being laid off, these people are significantly less likely to find a new job than their German colleagues: Over five years after job loss, the probability of employment is on average 5.2 percentage points lower. These research results are published by the EPoS Economic Research Center of the Universities of Bonn and Mannheim in the discussion paper “Job Displacement and Migrant Labor Market Assimilation”.

It is with great sadness that the Department of Economics learned of the tragic and untimely death of its alumna, Prof. Nora Szech.

The downward trend for real estate prices in Germany was partially halted in the second quarter of 2023. Compared with the first quarter of 2023, many prices are even rising slightly again, although there is still a significant drop compared with the previous year and the peaks. This is shown by the latest update of the German Real Estate Index (GREIX), a project of ECONtribute and IfW Kiel, which evaluates the actual sales prices of German real estate according to the latest scientific standards. All data for currently 18 German cities and their districts are freely available at www.greix.de. 

Congratulations! Fabian Schmitz and Matthias Gnewuch graduated from Bonn Graduate School of Economics.