Institute for Macroeconomics and Business Cycle Research
| Institute for Macroeconomics and Business Cycle Research (IMK) | |
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| Purpose: | To analyze economic phenomena on the basis of macroeconomic model relationships |
| Chair: | Sebastian Dullien (since April 1, 2019) |
| Consist: | Since 2005 |
| Founder: | Hans Böckler Foundation |
| Seat: | Dusseldorf |
| Website: | www.boeckler.de/index_imk.htm |
The Institute for Macroeconomic Research ( IMK ) is an economic research institute with headquarters in Dusseldorf . It was founded in 2005 with a macroeconomic perspective in economic research and economic policy discussion. The institute researches economic phenomena on the basis of macroeconomic model relationships, based on Keynesian approaches and econometric methods. The IMK is a department of the union - related Hans Böckler Foundation and has established itself with its range of tasks alongside the Institute of Economics and Social Sciences (WSI), which is also part of the foundation . The IMK is internationally one of the most influential economic policy think tanks in the world.
Gustav A. Horn was Scientific Director at IMK from the establishment of the institute until March 31, 2019 . Since then, the IMK has been headed by Sebastian Dullien . 14 scientists work permanently at the institute, supplemented by several research fellows and doctoral students.
The institute has repeatedly criticized European crisis policy and presented alternatives. In German economic policy, the IMK advocates strengthening domestic demand and public investment, as well as re-regulating the labor market and a productivity- oriented wage policy .
The IMK publishes its work results in its own series in the Hans Böckler Foundation and is regularly quoted in the media, and publishes videos and podcasts on its own reports at regular intervals.
research
Research papers
- General economic policy
- Labor economics
- European business cycle analysis
- European economic policy
- Financial markets and the economy
- Monetary policy
- Macroeconomics of Income Distribution
- Basic macroeconomic research
- Econometrics
- Pensions, wages and inequality
- Tax and Financial Policy
- National accounts
Policy advice
The institute also provides advice on economic policy. To this end, the institute prepares reports for federal ministries and the European Parliament and prepares independent forecasts with which the institute takes a position on economic policy in Germany and Europe, proposes alternatives and elaborates economic policy recommendations. The institute also organizes hearings for experts in the Bundestag, particularly on issues of financial policy. She also advises at the state level.
From 2007 to 2009 the IMK was a partner of the Institute for Economic Research Halle (IWH) in the preparation of the joint diagnosis of the economic research institutes on behalf of the German government, but terminated this cooperation in 2009.
Cooperations
The Institute for Macroeconomics and Business Cycle Research is involved in numerous national and international networks, for example in the Forum for Macroeconomics and Macroeconomic Policies (FMM) . Bilateral collaborations exist with the Observatoire Français des Conjonctures Économiques (OFCE) in Paris, the Vienna University of Economics and Business and the doctoral college at the New School New York and the University of Groningen .
Web links
- IMK homepage on the Böckler Foundation website
- IMK employee
- Joint forecast from 2007
- Joint forecast from 2008
- Joint forecast from 2009
- The IMK in the media