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The Role of Real Wages, Productivity, and Fiscal Policy in Germany's Great Depression 1928-37

Fisher, Jonas D.M.; Hornstein, Andreas - In: Review of Economic Dynamics 5 (2002) 1, pp. 100-127

-37. In this time period, real wages were countercyclical, and productivity and fiscal policy was procyclical. We use the … in productivity and fiscal policy were also important for the decline and recovery. Even though our analysis is limited …

Persistent link: https://www.econbiz.de/10005091006

Identifying Determinants of Germany's International Price Competitiveness : A Structural VAR Approach

Meurers, Martin - 2006

The paper employs a structural vector auto-regression (SVAR) along the lines of Blanchard and Quah (1989) and Clarida and Gali (1994) to identify the sources of changes in German international price competitiveness over the past 30 years. This leads to a separation of the driving forces of the...

Persistent link: https://www.econbiz.de/10012446989

Trade linkages, balance sheets, and spillovers: The Germany-Central European Supply Chain

Elekdag, Selim; Muir, Dirk; Wu, Yiqun - In: Journal of Policy Modeling 37 (2015) 2, pp. 374-387

Germany and the Czech Republic, Hungary, Poland, and Slovakia (the CE4) have been in a process of deepening economic integration which has lead to the development of a dynamic supply chain within Europe—the Germany-Central European Supply Chain (GCESC). Model-based simulations suggest two key...

Persistent link: https://www.econbiz.de/10011264218

Chapter 3 World military expenditures

Brzoska, Michael - In: Handbook of defense economics : volume 1, (pp. 45-67). 1995

standard definitions but national governments are free to use their own definitions. Specific inflation pressures complicate …

Persistent link: https://www.econbiz.de/10014024428

Austerity in the euro area: the sad state of economic policy in Germany and the EU

Truger, Achim - In: European Journal of Economics and Economic Policies: … 10 (2013) 2, pp. 158-174

The euro area is currently going through its worst period of recession and economic stagnation since the Great Depression and World War II. The article tries to give an impression of the extraordinary degree of fiscal austerity and the devastating economic effects it has already had and must be...

Persistent link: https://www.econbiz.de/10010701878

An Economic Historiography of Germany, 1918-1931 : How Inflation and Foreign Capital Inflows Allowed the Weimar Republic to Survive

Pittaluga, Giovanni Battista; Seghezza, Elena - 2024

Chapter 1. Introduction: The Main Political Economy Features of the Weimar Republic -- Chapter 2. The Inflation of the … Early Years of the Weimar Republic -- Chapter 3. The Inertial Inflation of the Early Twenties -- Chapter 4. Was There a … Sudden Stop at the Root of German Hyperinflation? -- Chapter 5. The End of Inflation -- Chapter 6. Foreign Capital Inflows …

Persistent link: https://www.econbiz.de/10015157960

Inflation and Unemployment in a Monetary Union

Carlberg, Michael (contributor) - 2008

This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the … associated loss. The primary target of the European central bank is low inflation in Europe. The primary target of the German … inflation and unemployment? Is monetary and fiscal cooperation superior to the sequential process of monetary and fiscal …

Persistent link: https://www.econbiz.de/10013520991

Estimating the effects of fiscal policy in OECD countries

Perotti, Roberto - 2005

Persistent link: https://www.econbiz.de/10013424552

The Resurgence of Inflation : Lessons from History and Policy Recommendations

Heine, Michael; Herr, Hansjörg - 2024

the End of theof the 1960s to the early 1980s -- Chapter 4. The Inflation Wave from the Late 1960s onward -- Chapter 5 …In light of the resurgence of inflation in developed industrialised countries following a period of inordinately low … inflation, this book analyses the causes and devastating effects of inflation by drawing lessons from the past. Focusing on the …

Persistent link: https://www.econbiz.de/10014470301

Deutsche Post : Verkauf geboten

Haucap, Justus - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 94 (2014) 1, pp. 4-5

Persistent link: https://www.econbiz.de/10010228731