schooling. This result challenges prior findings for Germany of zero returns to schooling, obtained by using the same survey …

This study replicates and challenges the finding of zero wage returns to compulsory schooling in Germany by Pischke and … details. These findings render the conclusion that compulsory schooling in Germany yields no wage returns at a minimum …

identification, I use historical shifts in the school year schedule in Germany, which substantially shortened the duration of the …

In a small structural model we find asymmetries in the effects of monetary policy in Germany depending on whether the …

We analyse the decline in output volatility in Germany. A lower level of variance in an autoregressive model of output … error term variance (reduced impulses). In Germany the decline output volatility is due to a decline in the persistence of … sudden break. The evolution of Germany's short-term real interest rate volatility coincides with the change of the …

including monthly stock price indices for five EU countries (Germany, France, the Netherlands, Ireland and the UK) as well as …