Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10010283773
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...
Persistent link: https://www.econbiz.de/10010260899
A reliable leading indicator should possess the following properties: (1) The movements in the indicator series should resemble those in the business cycle reference series. (2) The relation between the reference series and the indicator should be statistically significant and stable over time....
Persistent link: https://www.econbiz.de/10010324215
In a small structural model we find asymmetries in the effects of monetary policy in Germany depending on whether the …
Persistent link: https://www.econbiz.de/10010274488
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 …
Persistent link: https://www.econbiz.de/10010274489
The growth of the German economy intrinsically depends on the development of German exports to the euro area, which is by far the biggest market for German products. The paper estimates a structural equation for the export demand from the EMU member countries, which is suitable for both...
Persistent link: https://www.econbiz.de/10010260795
overtime in West Germany. A descriptive analysis suggests that over a 10-year period workers with unpaid overtime experience on …
Persistent link: https://www.econbiz.de/10010260801
jointly analyze wage dynamics and the incidence of profit-sharing in West Germany. Our findings reveal a significantly …
Persistent link: https://www.econbiz.de/10010260895
Due to the complexity of employment protection legislation (EPL) in Germany, there is notable uncertainty about the …
Persistent link: https://www.econbiz.de/10010260929