competitiveness at the sectoral level for Germany, and compare the empirical evidence with selected other euro area countries. …

statedependent price adjustment. Most importantly, the differences in "unconditional" sectoral price flexibility are found to be …

likelihood of receiving employer provided training. Using unique linked employer-employee data from Germany, we confirm that … variety, two essential elements of flexibility. Critically, the training associated with workplace flexibility does not simply … workplace flexibility is disproportionately oriented toward employees with a greater formal education. Our results also provide …

We forecast recession probabilities for the United States, Germany and Japan. The predictions are based on the widely … reached for the United States, the ProbVAR forecasts are slightly worse for Germany, but considerably inferior for Japan …