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'. …

to assess the risk of deflationary developments occurring in Germany over the next four years. …

This paper analyses the efficiency of venture capital and its impact on primary equity markets in France and Germany … Germany. Only the learning model can serve as a rationale for government subsidies. In the signalling model, many young …