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Different stochastic simulation methods are used in order to check the robustness of the outcome of policy simulations with a macroeconometric model. A macroeconometric disequilibriummodel of the West German economy is used to analyze a reform proposal for the tax system. The model was estimated...
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quits are important reasons for wage rigidities for high skilled labour. Compared to findings from the USA, in Germany …
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In order to reduce unemployment, it is often recommended that industry-level wage bargaining in Germany should be …
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At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are …
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German Economy 1980 to 1998. The novelty of the paper is the estimation of a time-varying NAIRU for West Germany employing …
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data covering the time period 1980 to 1991 in West Germany and is based on a hazard rate model. …
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