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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/10010272958
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Das Wachstum des Produktionspotentials in Deutschland dürfte sich seit dem Jahr 2004 um rund einen halben Prozentpunkt …
Persistent link: https://www.econbiz.de/10003446543
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
When nontraded goods prices are accounted for consistently and genuine stock data on bilateral foreign asset holdings is employed, a modified sticky-price exchange rate model by far outperforms the benchmark random walk-model in empirically forecasting the D-mark/dollar parity out of sample....
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
Diese Anmerkung zeigt, dass das reale Bruttoinlandsprodukt der Bundesrepublik Deutschland einem trendstationären …
Persistent link: https://www.econbiz.de/10011495591
Die Weltkonjunktur zeigt sich zu Beginn des Jahres 2006 weiter in robuster Verfassung. Zwar deutet sich für die Vereinigten Staaten an, dass die Geldpolitik allmählich die Nachfrage zu dämpfen beginnt; gleichzeitig haben sich aber die konjunkturellen Perspektiven für Japan und Europa...
Persistent link: https://www.econbiz.de/10003291685
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Persistent link: https://www.econbiz.de/10002411466