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bank lending. We are using a dataset on assets and liabilities of commercial banks from five countries (France, Germany …
Persistent link: https://www.econbiz.de/10011474062
-ins for monetary union with respect to Germany. Using tests for cointegration and common features for monthly data during the …
Persistent link: https://www.econbiz.de/10011474986
Information costs and regulatory barriers are the main distinguishing features of international financial markets as compared to national financial markets. This paper presents a simple model of the impact of these factors on banks' cross-border activities and provides empirical evidence. Our...
Persistent link: https://www.econbiz.de/10011473701
Persistent link: https://www.econbiz.de/10010283773
In the 1990s overtime incidence in Great Britain and West Germany is quite similar, while the average amount of hours … of overtime for full-time male workers with overtime in Great Britain is roughly twice those in Germany for all years. We … time. In Germany, we observe a remarkable decrease in the share of workers who work paid overtime and a significant …
Persistent link: https://www.econbiz.de/10010260756
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
Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to … council ; Germany …
Persistent link: https://www.econbiz.de/10008696819
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
Diese Anmerkung zeigt, dass das reale Bruttoinlandsprodukt der Bundesrepublik Deutschland einem trendstationären …
Persistent link: https://www.econbiz.de/10011495591
structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely "good luck". …
Persistent link: https://www.econbiz.de/10011475861