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western Germany during the 1980s and 1990s. It is argued that regional opportunity structures as well as local patterns of …
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in Germany. We argue that in the European institutional context the availability of public day care and informal child …
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structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely `good luck'. …
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trends in unconditional firm level and aggregated output volatility in Germany are similar. There has been a long …
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' activities is associated with an increase in firm-level employment volatility. We use a firm-level dataset for Germany which … that are active in Germany. We decompose the volatility of firms into their reaction and their exposure to aggregate …
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This paper discusses a factor model for estimating monthly GDP using a large number of monthly and quarterly time series in real-time. To take into account the different periodicities of the data and missing observations at the end of the sample, the factors are estimated by applying an EM...
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