marginal employment range between -.4 (number of male workers in west Germany) to -1 (working hours for women). We illustrate …? social security contributions (SSC) on marginal employment in Germany. …

introduction of a major corporate tax reform in Germany. Endogeneity of the effective tax rate is controlled for by an instrumental …

corporate tax reform in Germany. The financial leverage is measured by the ratio of long-term debt to total capital. Endogeneity …

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 …

public pension system. We calculate that, in the case of Germany, the fiscal consequences of the 6.4 year increase in age 65 …