This paper uses an extended version of “FiMod—A DSGE Model for Fiscal Policy Simulations” (Stähler and Thomas Econ Model 29:239–261, 2012) with endogenous job destruction decisions by private firms to analyze the effects of several currently discussed labor market reforms on the Spanish...

In this article, we present a model that can account for the changes in the German current account balance since the 2000s. Our results suggest that an array of structural tax and labor market reforms (Agenda 2010), population aging and pension reforms led to an increase in the household savings...