German economy since 1995: 1) Germany offshores more intensively than other advanced countries; 2) The increase in … Germany would have occurred without the Hartz reforms, but later and less intensively. We finally discuss the possible …

between investment and unemployment, c) we show the revival of the Phillips curve, especially in Germany, d) we test for the … products, looking to the case of Italy, m) we analyze the trade relationship between Germany and China, arguing that since the … the Germany’s export led growth model is raised. …

western Germany over the period 1990-97. …

This paper contributes to the debate on the causes of unemployment in interwar Germany. It applies the Layard …-Nickell model of the labour market to interwar Germany, using a new quarterly data set. The basic model is extended to capture the … reinforcement of these factors may help to explain the severity of the interwar cycle in Germany. It also serves to emphasize the …

-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …

, its effect on unemployment in Germany was surprisingly mild. While U.S. unemployment soared from 4.8 percent to 9 … recession itself was smaller in Germany. Actually, the severity of the recession as measured by the drop in output was greater … in Germany than in the United States. German output, as measured by the peak-to-trough difference in real gross domestic …

western Germany over the period 1990-97. …