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Inflation differentials in the Euro area are mainly due to a sustained divergence of wage developments across the Euro area, and narrower differences in labour productivity growth (Alvarez et al., 2006). We investigate convergence of inflation using unit labour cost (ULC) growth and applying...
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The paper provides information on sample sizes and panel attrition in the German Socio-Economic Panel (GSOEP) for the years 1984 – 1999. Furthermore, results of the sequential estimation of non-response probabilities for the different subsamples of the GSOEP are described in detail.
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marginal employment range between -.4 (number of male workers in west Germany) to -1 (working hours for women). We illustrate …? social security contributions (SSC) on marginal employment in Germany. …
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In a small structural model we find asymmetries in the effects of monetary policy in Germany depending on whether the …
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We analyse the decline in output volatility in Germany. A lower level of variance in an autoregressive model of output … error term variance (reduced impulses). In Germany the decline output volatility is due to a decline in the persistence of … sudden break. The evolution of Germany's short-term real interest rate volatility coincides with the change of the …
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