Showing 1 - 10 of 12
core. This paper puts recent demand patterns in France, Germany, and Belgium into historical perspective. We find that …
Persistent link: https://www.econbiz.de/10010959463
Persistent link: https://www.econbiz.de/10011244338
KEY ISSUES Context: ? Germany fundamentals are sound: balance sheets are generally healthy, unemployment is at a … uncertainty (including about future energy costs), and fast approaching adverse demographic changes. ? Germany could do more to … increase its growth, thus strengthening its role as an engine of euro area recovery. Policy recommendations: ? Germany has the …
Persistent link: https://www.econbiz.de/10011245837
-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …
Persistent link: https://www.econbiz.de/10010790434
Given the backdrop of pressing infrastructure needs, this paper argues that higher German public investment would not only stimulate domestic demand in the near term and reduce the current account surplus, but would also raise output over the longer-run as well as generate beneficial regional...
Persistent link: https://www.econbiz.de/10011123846
Germany to confirm a weakening of monetary policy effectiveness over time with regards to unemployment and inflation. After …
Persistent link: https://www.econbiz.de/10011242214
The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. This paper creates a special version of GPM that includes the four largest Euro Area (EA) countries. The EA countries are more vulnerable to domestic and external demand shocks because...
Persistent link: https://www.econbiz.de/10011242224
Germany and the Czech Republic, Hungary, Poland, and Slovakia (the CE4) have been in a process of deepening economic … integration which has lead to the development of a dynamic supply chain within Europe—the Germany-Central European Supply Chain … relatively small. This is explained by the supply chain nature of trade integration: final demand in Germany is not necessarily …
Persistent link: https://www.econbiz.de/10011242281
For a sample of 83 financial institutions during 2003–2011, this paper attempts to answer three questions: first, what is the evolution of banks’ stock price exposure to country-level and global risk factors as approximated by equity indices; second, which bank-specific characteristics...
Persistent link: https://www.econbiz.de/10011242342
linkages between Germany and the Czech Republic, Hungary, Poland, and the Slovak Republic (CE4) have expanded rapidly …
Persistent link: https://www.econbiz.de/10011243491