Studentenwerk? "Damals" waren das so um die 90 EUR und es wurde lange diskutiert, wie weit man das erhöhen will, um das Gebiet des Semestertickets auszuweiten.

They are including structural breaks to the long term trend in their econometric models.

Saying that AI is great at economic and data analyis is certainly a point of view (as they say in software development: I can make every programme run fast if it doesn't matter if the outcome is correct).

I wonder if their method already counts as an example of the impact of AI on productivity.

At least they are transparent about it. Also love their AI chapter where they use "Economists" as an example for the impact of LLM on productivity.

Love those hockey sticks that just never come.

Thanks ... it's depressing to see how much the GFC is costing us long term.

UK post brexit drop is surprisingly small.

LOL at "Slowbalisation" - and I guess they just picked 1980 as a break just because.

PS: It's a great time series, some might be surprised how high the ratio was before World War 1. What is the logic behind the different colours - I'd guess until start WW1, until End of WW2, not sure what happend around 1979 (2nd Oil Crisis?), until global financial crisis, until now and forecast.

There isn't much that could be valued as high as 50-60% of global GDP.

Ich bin da entspannt - niemand musste die Kutsche verbieten. Verbrennerverbot ist nicht so wichtig wie politische Unterstützung beim Ausbau der Versorgungsinfrastruktur (Ladesäulen etc).

Versteh ich natürlich, warum es keine gebrauchten sein sollen (damit da kein Karusell in Gang gesetzt wird), aber bin mir nicht sicher, ob das so viel Schwung bringt.

Welcher Haushalt in dem Einkommensbereich kauft denn einen Neuwagen?

😂