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Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …
Persistent link: https://www.econbiz.de/10009246610
, while the least mobile was Germany. However, as a comparison of points (2) and (3) demonstrates, mobility had little effect … countries – Australia, Britain, Germany and the United States – and estimate measures of permanent income inequality that are … inequality have grown in Germany and the US, while post-government income inequality has grown in the US; (2) comparing levels of …
Persistent link: https://www.econbiz.de/10008511760
finance. Such liquidity constraints are found to exist in Germany only since the mid-1970s, however. Apparently the German …
Persistent link: https://www.econbiz.de/10005123842
This paper investigates why the slope of the yield curve predicts future economic activity in Germany and the United … spread in that country. However, the main reason for the stronger leading indicator property in Germany is the positive … at lag four in Germany and almost nothing in the United States. …
Persistent link: https://www.econbiz.de/10005123911
In order to study the costs/benefits of a monetary union between Germany and France, we attempt to go beyond a mere …, Germany would lose from any French participation in the setting of domestic monetary policy. By contrast, however, France …
Persistent link: https://www.econbiz.de/10005123945
of why post-war Germany is more dynamic than Britain, we evaluate arguments stressing institutional change, catching …, in inter-temporal perspective the scope for catching up between Germany and Britain is unimpressive. We find growth and …
Persistent link: https://www.econbiz.de/10005124060
This paper presents evidence supporting the theory that informational and incentive problems in capital markets affect firm investment. This hypothesis is tested by estimating investment equations for two groups of German manufacturing firms. The first group of firms are those with bank...
Persistent link: https://www.econbiz.de/10005136704
German migrants to West Germany in comparison with native born West Germans. Ethnic German immigrants from Eastern Europe …Germany has experienced a substantial influx of German immigrants from Eastern Europe after World War II and expects … from East Germany. Similar to foreign guest-workers, German immigrants are more likely to work in blue collar jobs; they do …
Persistent link: https://www.econbiz.de/10005067558
We analyse the impact of increased immigration on labour market outcomes of natives in Germany using a dataset of … Germany is largely independent of labour market conditions. Subsequent internal moves by foreigners are more responsive to …
Persistent link: https://www.econbiz.de/10005504240
The severity of the Great Depression in Germany has sometimes been blamed on reparations in simplistic fashion … domestic economy, such as excessive wage increases during the 1920s. This paper argues for a more subtle link between Germany …'s slump and these policies. I explain Germany’s foreign borrowing rush before 1929 from transfer protection under the Dawes …
Persistent link: https://www.econbiz.de/10011083352