significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the …

The review outlines a simple analytical model to explain the unemployment puzzle, especially the U-curve phenomenon. It …

-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases … German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …

. But Germany has almost equally consistently run current account surpluses. Exports have powered the dynamic phases and … delivery of services, will be good for Germany and for the global economy. Absent such an effort, German growth will remain … constrained, and Germany will play only a modest role in spurring growth elsewhere. …

accumulation and the adoption of new technologies. The study compares key economic indicators among Canada, France, Germany, the …