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The German Productivity Paradox - Facts and Explanations

Elstner, Steffen - 2018

Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. This paper analyzes the reasons behind this disconcerting development. A major factor is the turnaround of the labor market that commenced around 2005. The successful...

Persistent link: https://www.econbiz.de/10012908671

The Euro Exchange Rate and Germany's Trade Surplus

Hohberger, Stefan - 2019

We estimate a three-region (DE-REA-RoW) structural macroeconomic model, and we provide a counterfactual on how nominal exchange rate flexibility would have affected the German trade balance (TB) by simulating the shocks of the estimated model under a counterfactual flexible exchange rate regime....

Persistent link: https://www.econbiz.de/10012890627

The Macroeconomic Projections of the German Government : A Comparison to an Independent Forecasting Institution

Lehmann, Robert - 2019

the Joint Economic Forecast, which is an in-dependent forecasting institution in Germany. Our results indicate that … decline in Germany’s trend growth and a systematic failure to correctly anticipate recessions. We show that the German …

Persistent link: https://www.econbiz.de/10012892128

How to Deal with the Risks of Phasing Out Coal in Germany Through National Carbon Pricing

Osorio, Sebastian - 2019

Germany aims to phase out coal to achieve its 2030 climate target, for which a UK-style carbon price floor is …

Persistent link: https://www.econbiz.de/10012892148

Harmonization and Interpretation of the Ifo Business Survey's Micro Data

Link, Sebastian - 2019

Every month, the ifo Business Survey (IBS) asks a representative set of 9000 German firms about their current and expected economic conditions. Thus, the micro data of the IBS are ideally suited to study various aspects of firm behavior. However, methodological heterogeneities between different...

Persistent link: https://www.econbiz.de/10012892157

What Hides Behind the German Labor Market Miracle? Unemployment Insurance Reforms and Labor Market Dynamics

Hartung, Benjamin - 2019

A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor market dynamics. We revisit this old question studying the German Hartz reforms. On average, lower separation rates explain 76% of declining unemployment after the reform, a fact...

Persistent link: https://www.econbiz.de/10012892207

The Good, the Bad, and the Ugly : Impact of Negative Interest Rates and QE on the Profitability and Risk-Taking of 1600 German Banks

Florian, Urbschat - 2019

The recent negative interest rate policy (NIRP) and quantitative easing (QE) programme by the ECB have raised concerns about the pass-through of monetary policy. On the one hand, negative rates could lead to declining bank profitability making an expansionary monetary policy contractionary....

Persistent link: https://www.econbiz.de/10012892229

Dissecting Between-Plant and Within-Plant Wage Dispersion - Evidence from Germany

Baumgarten, Daniel - 2019

Using rich linked employer-employee data for (West) Germany between 1996 and 2014, we analyze the most important … the sources of the recent slowdown in German wage inequality and compare the results for West Germany to the ones for East … Germany. We disentangle the relative contribution of each single variable to the rise in wage dispersion using recentered …

Persistent link: https://www.econbiz.de/10012892230

The Role of Volunteers in German Refugee Crisis and Their Contribution to the Local Government Expenditure

Nam, Chang Woon - 2019

This study deals with a specific volunteering aspect revealed in the German refugee crisis 2015/16. German federalism prescribing interjurisdictional assignments of tasks for designing, financing and implementing services for refugees and their geographic distribution have made municipalities...

Persistent link: https://www.econbiz.de/10012892233

Can Job Search Assistance Improve the Labour Market Integration for Refugees? Evidence from a Field Experiment

Battisti, Michele - 2019

refugees in Germany. The treatment group received job-matching support: an NGO identified suitable vacancies and sent the …

Persistent link: https://www.econbiz.de/10012892280