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Marc Schattenberg

More documents written by Marc Schattenberg

39 (37-39)
August 8, 2017
Region:
37
Forecast for German Q2 GDP lifted to 0.8%. Strong private consumption boosts retail sales. Germany’s fiscal outlook: Goldilocks will not last forever. The view from Berlin: Asylum policy & refugee issues back on stage. [more]
July 3, 2017
Region:
38
The developed industrial countries have experienced a steady decline in trend growth since the mid-70s – and Germany is no exception. The robust cyclical upswing is veiling this creeping erosion of growth. The demographic developments will considerably weigh on trend growth in the medium and the longer term. They will dampen labour supply, capital formation and total factor productivity. By 2025, trend growth looks set to halve again, to only ¾%. The electoral programmes of the established parties incorporate different positions on this key issue, as is to be expected. [more]
May 19, 2006
Region:
39
In the coming decades, the demographic changes looming ahead will hit Germany with an impact never felt before. This applies not only to the pension system. It holds equally for the labour market, and will entail repercussions for wages and interest rates and thus growth potential and international capital flows. DB Research has analysed the complex interplay of these factors by using an overlapping generations (OLG) model. [more]
19.5.0