Showing 1 - 9 of 9
Using a newly constructed macroeconometric model for Germany and the rest of the Euro area, we investigate the … macroeconomic effects of structural labor market reforms in Germany. We find that neither the fact that Germany can no longer pursue … Germany by implementing labor market reforms themselves constitute impediments to successful reforms. Reforms would relative …
Persistent link: https://www.econbiz.de/10003373604
-dependent volatility that is similar to that of the real exchange rate itself. …
Persistent link: https://www.econbiz.de/10011490699
coordination with monetary policy. According to the simulations, employment in Germany would increase by about 750,000 persons in … example: If the social partners in a large country such as Germany give a credible signal that wage increases will be moderate …
Persistent link: https://www.econbiz.de/10011451765
Persistent link: https://www.econbiz.de/10002411466
Persistent link: https://www.econbiz.de/10001737854
Persistent link: https://www.econbiz.de/10001749127
Persistent link: https://www.econbiz.de/10001789139
The expansion of Western European production accelerated in the first half of 1997. Exports were the main engine, driven by a devaluation of European currencies and strong growth abroad. Domestic demand also picked up somewhat led by investment in machinery and equipment. Inflation remained at...
Persistent link: https://www.econbiz.de/10010295104
coordination with monetary policy. According to the simulations, employment in Germany would increase by about 750,000 persons in … example: If the social partners in a large country such as Germany give a credible signal that wage increases will be moderate …
Persistent link: https://www.econbiz.de/10010295183